Zomato
Indian multinational restaurant aggregator and food delivery company
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| April 2025 | Zomato laid off around 600 customer support employees, primarily due to the introduction of its new AI platform 'Nugget', which was reportedly handling about 80% of customer queries. |
| February 2025 | The Zomato board announced a change of the company's name to Eternal Ltd, while maintaining the Zomato brand and app name. |
| 2024 | Feeding India held a benefit concert in Mumbai featuring Dua Lipa to raise awareness about malnutrition in India. |
| August 2024 | Zomato announced the launch of its events and ticketing app called 'District' after acquiring Paytm's ticketing business. |
| August 27 2024 | Acquired Paytm's event ticketing subsidiaries Wasteland Entertainment Private Limited (WEPL) and Orbgen Technologies Private Limited (OTPL) for $244.2 million. |
| October 2023 | Zomato started offering a hyperlocal package delivery service on a separate app called Xtreme. |
| June 2023 | Zomato launched a feature allowing users to build food carts from up to four restaurants and place a combined order. |
| 2022 | Feeding India organized a benefit concert in Mumbai headlined by Post Malone to raise awareness about malnutrition in India. |
| November 2022 | Zomato introduced Zomato Pay feature, enabling user payments and restaurant promotions at partner restaurants. |
| August 2022 | Zomato launched Intercity Legends service in Delhi NCR, allowing users to order food from famous restaurants in other cities. |
| June 24 2022 | Acquired Blinkit (formerly Grofers) for US$568 million in an all-stock deal. |
| May 2022 | Zomato reported that Feeding India was serving over 200,000 meals daily through its Daily Feeding Program. |
| April 2022 | Zomato launched a pilot of 10-minute food delivery called Zomato Instant in Gurgaon. |
| November 2021 | Zomato announced it would cease services in all countries except India and the United Arab Emirates. |
| July 2021 | Zomato went public, launching its initial public offering at a valuation of over 8 billion. |
| June 29 2021 | Acquired a 9.3% stake in Grofers for nearly US$120 million. |
| April 2021 | Zomato pulled out of its alcohol delivery service, citing poor unit economics and scalability. |
| February 2021 | Zomato raised $250 million from five investors, including Tiger Global Management, at a valuation of $5.4 billion. |
| October 2020 | As part of a Series J funding round, Zomato raised $52 million from Kora, a US-based investment firm. |
| September 2020 | Zomato raised $62 million from Temasek after a previously committed investment from Ant Financial did not materialize. |
| June 2020 | Zomato closed operations of Zomato Market as food delivery demand recovered and the grocery delivery business was deemed not scalable. |
| May 2020 | Zomato began delivering alcohol in West Bengal, Jharkhand, and Odisha after obtaining government permissions. The company also laid off 520 employees due to the COVID-19 pandemic. |
| April 2020 | Zomato began delivering groceries and essentials under Zomato Market service in over 80 cities across India during the COVID-19 pandemic. In the same month, the company introduced contactless dining at partner restaurants. |
| January 21 2020 | Acquired Uber Eats' business in India in an all-stock deal, receiving 10% of the combined business. |
| September 2019 | Laid off almost 10% of its workforce (540 people) in back-end activities like customer service and support functions. |
| July 2019 | Zomato acquired Feeding India, integrating the nonprofit organization into its corporate social responsibility initiatives. |
| March 2019 | Sold its UAE food delivery business to Talabat. |
| 2018 | Acquired WOTU and rebranded it as Hyperpure to supply food ingredients to restaurants from warehouses. |
| 2018 | Shut down operations of Zomato Infrastructure Services. |
| December 2018 | Acquired Lucknow-based startup TechEagle Innovations, a drone technology company, to develop hub-to-hub food delivery technology in India. |
| December 2018 | Launched Zomaland, an annual multi-city food and entertainment carnival. |
| October 2018 | Zomato reported plans to raise an additional $210 million from Ant Financial at a valuation of around $2 billion. |
| September 2018 | Acquired Bengaluru-based food e-marketplace TongueStun Food for about US$18 million in a cash and stock deal. |
| February 2018 | Zomato became a unicorn startup after raising $200 million from Ant Financial at a valuation of $1.1 billion. |
| 2017 | Acquired food delivery startup Runnr (previously Roadrunnr). |
| 2017 | Introduced Zomato Gold, a paid membership program offering discounts and offers on dining and food delivery. |
| February 2017 | Announced plans to launch Zomato Infrastructure Services, a cloud kitchen infrastructure service to help partner restaurants expand. |
| 2016 | Acquired Sparse Labs (renamed Zomato Trace) and integrated its real-time delivery location tracking technology. |
| April 2016 | Launched Zomato Base, a point of sale system for restaurant owners with menu and inventory management, payment system, and analytics. |
| January 2016 | Launched Zomato Book's table reservation feature on its application in India. |
| 2015 | Acquired Seattle-based food portal Urbanspoon for an estimated US$60 million. |
| 2015 | Zomato started its food delivery service in India, initially partnering with companies like Delhivery and Grab for restaurant deliveries. |
| September 2015 | Zomato raised an additional $60 million in funding led by Temasek, a Singapore government-owned investment company, along with Vy Capital. |
| April 2015 | Info Edge, Vy Capital, and Sequoia Capital led a funding round of $50 million for Zomato. |
| April 2015 | Acquired cloud-based point of sale (PoS) company MapleGraph Solutions. |
| April 2015 | Acquired the American online table reservation platform NexTable, which was renamed Zomato Book. |
| 2014 | Ankit Kawatra founded Feeding India, a nonprofit organization dedicated to serving free meals to underprivileged people through volunteer efforts. |
| December 2014 | Acquired Italian restaurant search service Cibando. |
| November 2014 | Zomato completed a funding round of $60 million, led jointly by Info Edge and Vy Capital, with participation from Sequoia Capital, reaching a post-money valuation of approximately US$660 million. |
| September 2014 | Acquired Poland-based restaurant search service Gastronauci for an undisclosed sum. |
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