The unbelievable Zomato journey!

Zomato Cuts 13 Percent of Its Workforce


The actual story of Zomato food delivery app is nothing less than a miracle! It all began with two young IIT students Deepinder Goyal and Pankaj Chaddah starting a food directory called ‘FoodieBay’ back in the year 2008. Soon in a span of nine months, FoodieBay became a staple brand in the India’s capital city. The company was later rebranded as Zomato in 2010 and from then the success story continues on and on...

 

Zomato is India’s first food tech unicorn and has extended its services beyond discovery and delivery. Since its inception, it has become the most preferred food delivery brand among Indian food lovers. Despite facing stiff competition from the likes of UberEats, Swiggy, Ola, Foodpanda and Dunzo, Zomato still continues to innovate its services and grow at a rapid pace, like it has been doing all these days...

 

Zomato has grown leaps and bounds from a home project to one of the world’s largest food aggregator. Now, Zomato is available in 24 countries worldwide spanning across 10,000+ cities earning a name for its own. Through its unique motto of ‘Better food for more people’, this revolutionary mobile application has not only connected people to food but also has helped numerous small scale restaurants for the purpose of building a sustainable ecosystem.

 

The main idea behind Zomato is to enable digital access to thousands of restaurant menus. The founders of Zomato, who hated wasting their time in long queues, drove around Delhi to collect restaurant’s food menus, scan them and upload them into their website. This very simple idea has now become this big phenomenon termed ‘Zomato’ and paved way for its first of its kind food delivery service in India!

 

Zomato currently operates in the fields of food delivery, sustainability and dine out. The online ordering and food delivery services were initiated in the Delhi-NCR region followed by Mumbai, Pune, Hyderabad, Bengaluru and Kolkata. Now it is delivering in more than 500 cities covering 1,50,000 hotels in every nook and corner of the nation. To add more, there are whopping 2,00,000 delivery partners currently working for this food aggregator. Hence it has become a key component of our country’s economy as well.

 

After acquiring the US-based firm ‘NexTable’, a restaurant reservation and table management platform, ‘Zomato Book’ came into existence. Now it has made more than 1,30,000 bookings so far and that too literally with zero investment as per its CEO’s statement! The flagship service, Zomato Gold has now 10,00,000 active subscribers all over the world at present. Apart, it has also bought ‘Hyper pure’ startup for supplying clean and fresh ingredients to its restaurants. Further, it is also now collecting used cooking oil from its hotel partners, processing them and finally delivering them to various biodiesel manufacturers.

 

With investments, pouring in thick and fast from leading players such as Sequoia Capital, Temasek Holdings, Info Edge and the Ali Baba group, there is no looking back for Zomato any time soon. It will definitely continue its good work of satisfying the appetite of millions of Indians day in and day out indeed!

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