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Zomato provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in more than 1,000 Indian cities and towns, as of 2022–23. [7] Zomato rivals Swiggy in food delivery and hyperlocal space.
Following this, Zomato granted a US$150 million loan to Blinkit. Zomato had acquired a 10% stake in the company the year prior. [28] [29] Following numerous discussions, on 24 June 2022, Zomato announced that it would acquire Blinkit for US$568 million in an all-stock deal. [15] The acquisition was completed on 10 August 2022. [16] [30]
Open Network for Digital Commerce (ONDC) is a public technology initiative launched by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India to foster decentralized open e-commerce model and is led by a private non-profit Section 8 company.
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In 2015, Swiggy received a $2 million investment from Accel and SAIF Partners, along with additional investment from Norwest Venture Partners. [7] The following year, it raised $15 million from both previous and new investors, including Bessemer Venture Partners and Harmony Partners. [7] In 2017, Naspers led an $80 million funding round into ...
He is also an astute investor, having invested in unicorns like PolicyBazaar and Zomato. [12] Additionally, he is a part of the 'Vision Circle' of FYI (Foundation for Young Innovators) - a shark tank for social initiatives exclusively open to high school students. He won the Ernst and Young Entrepreneur of the Year Award in 2008. [13]
Zomato: SVG development . The SVG code is . This text-logo was created with an unknown SVG tool. Licensing. Public domain Public domain false false:
"Sesame Street" has been gentrified. After 45 seasons, the brick walls that once fenced in the neighborhood have been razed, giving way to sweeping views of what looks suspiciously like the Brooklyn Bridge (it is in fact a composite of three New York City bridges).