Zomato CEO Deepinder Goyal takes charge of Rs 1 lakh crore company: Here’s a sneak peek of his journey so far
The inception of this idea came after they found that there is no such platform that can become a one-stop shop for restaurant recommendations or provide reviews for restaurants. The first fundraise came from Info Edge at Rs 60 lakh and therefore it is important for all of us to know how this company which started as a small idea became public.
Jul 23, 2021, 13:34 PM IST
Zomato makes bumper debut at stock market: Here’s what CEO Deepinder Goyal said in a letter to shareholders about Swiggy
Zomato's initial public offering (IPO) last week ended with a bumper 38 times subscription. The IPO had opened for subscription on July 14, in a price band of Rs 72-76 per share. It closed on July 16.
Jul 23, 2021, 11:46 AM IST
Zomato plans for IPO in first half of 2021 – 10 things you want to know
Zomato’s cash in the bank is around USD 250 million.
Sep 11, 2020, 11:14 AM IST
Zomato refutes HSBC report; says investors back company's valuation
Hitting back at HSBC analysts for marking down its valuation by half at USD 500 million, online restaurant guide and food ordering firm Zomato on Monday said the investors have backed the current valuation.
May 09, 2016, 15:59 PM IST
Role of govt that of catalyst, cos need to do hard work: Zomato
Emphasising that the role of the government is mainly to act as a catalyst and provide a conducive enabling environment, online restaurant guide and food ordering firm Zomato today said it is for companies to do the hard work to succeed.
Jan 16, 2016, 20:54 PM IST
Zomato raises $60 mn from Vy capital, Temasek
This makes Zomato's total funding to $225 million with its latest round, and it comes from only four investors - Info Edge, Sequoia India, Vy Capital, and now Temasek.
Sep 08, 2015, 09:33 AM IST
Zomato acquires US-based NexTable
Zomato the restaurant search app on Wednesday acquired NexTable, a US-based online table reservation platform based in Charlotte, North Carolina for an undisclosed amount. NexTable will soon be renamed to Zomato Book.
Apr 22, 2015, 23:08 PM IST
Zomato forays into US market with $60-mn Urbanspoon buy
Online restaurant guide Zomato has forayed into the US market by acquiring restaurant information and recommendation service provider Urbanspoon for estimated USD 60 million in an all-cash deal.
Jan 13, 2015, 17:17 PM IST
Zomato in talks to raise $100 mln after US acquisition
Restaurant search services provider Zomato acquired US-based rival Urbanspoon for about $50 million in one of the biggest overseas deals by an Indian startup and a company executive said it was in talks to raise about $100 million in fresh funding.
Jan 13, 2015, 13:46 PM IST
Zomato acquires US-based food portal Urbanspoon for $60 mn
In one of the biggest overseas deal by an Indian start-up, leading restaurant serve app Zomato has acquired US-based food portal Urbanspoon in an all cash deal of about USD 60 million.
Jan 13, 2015, 12:23 PM IST
Zomato raises over Rs 365 crore from 3 investors
This takes Zomato's total funding to over USD 113 million. Zomato had earlier raised USD 53 million from Info Edge (India) Ltd and Sequoia Capital over multiple rounds, it added.
Nov 19, 2014, 15:35 PM IST
Zomato acquires Lunchtime and Obedovat for $3.25 million
The Lunchtime and Obedovat teams will be working closely with the Zomato team following this acquisition.
Aug 22, 2014, 12:49 PM IST
