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Originally, the site was an online forum and coupon rewards website for teachers. After being highlighted by Jean Chatzky on The Today Show and its website, [5] PromotionCode.org transitioned from its forum format into its current structure with promotion codes organized by store. In 2012, the company had a dozen full-time employees and was ...
Started in 2014 by Ankit Kawatra, Feeding India is a nonprofit organisation which serves free meals to underprivileged people with the help of volunteers. [86] Feeding India was acquired by Zomato in July 2019. [87] In May 2022, Zomato claimed that Feeding India was serving over 200,000 meals every day under its Daily Feeding Program. [88]
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]
In mid-2018, Swiggy was operational in 16 Indian cities, [14] which increased to 500 cities in 2019, matching the scale of rival Zomato. [ 15 ] In early 2019, Swiggy expanded into general product deliveries under the name Swiggy Stores, sourcing items from local stores.
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