Zomato Business and Revenue Model Explained
Chances are, you have used Zomato at least once. But do you know how this popular restaurant discovery and food delivery platform works behind the scenes? This blog post will deeply dive into the Zomato Business Model, revenue streams, and operations. From its humble beginnings as an online menu card to its current status as one of India’s most successful startups with global reach, we’ll explore everything that makes Zomato tick! So sit back, relax, and get ready to learn all about How Zomato Business Works! It currently operates in 24 countries. The company provides menus, user reviews, and restaurant contact information. In 2010, Zomato launched its first international site in the United Arab Emirates. As of September 2015, it has expanded to more than 500 cities across 24 countries and serves over 60 million users monthly. The company raised $60 million in Series D funding led by Info Edge (India) in November 2013. In May 2014, Zomato acquired Urbanspoon for $52 million. In January 2015, Zomato announced that it had acquired Turkey’s leading restaurant search service Mekanist. In April 2015, Zomato acquired USbased NexTable, allowing customers to make restaurant reservations through the app.