Under Miki's leadership, the brand expect to increase their international scale, accelerate product development, and improve our investment efficiency.
One of the reasons for designing such a proposal was that there was no mandatory registration check by these players and there were unregistered restaurants supplying through these apps.
Gupta joined Zomato as business head for table reservations in 2015, and was moved to a co-founder role in 2019 to focus on launching the company’s nutrition business.
The company has received intimation on August 18, 2021, regarding dissolution and winding up of Zomato USA LLC effective from August 17, 2021, the filing added.
As per Zomato, India food delivery GOV in Q1 FY22 grew by 37% QoQ to INR 45.4 billion ($605m), from INR 33.1 billion ($442m) in Q4 FY21 (@ 1 USD = 75 INR).
According to the statement, 27% of people who completed the Zomato IPO application on Paytm Money's platform were less than 25 years old while 60% were less than 30 years old.