On 21 January 2020, Zomato acquired its rival Uber Eats’ company in India in an all stock offer, providing Uber Eats 10% of the put together organization. In January 2016, it introduced Zomato Book’s table reservation facility on its application in India. April 2016, it released its personal Android stage of sale program for places to eat referred to as Zomato Base, Sex-With-Mother which was crafted on MaplePOS. In April 2022, Zomato released a pilot of 10-minute meals supply in Gurgaon termed Zomato Instant. Zomato reentered grocery shipping and delivery space with a pilot start in July 2021, allowing customers to location orders from neighbourhood shops underneath a market model. In March 2021, a video clip was posted on Instagram by a Bengaluru-centered product Hitesha Chandranee accusing Zomato delivery individual of assaulting and punching her as she refused to shell out dollars for the foodstuff he shipped. After Zomato designed some adjustments, National Restaurant Association of India nevertheless refused to settle for the modified edition of the prepare, indicating that the corrective measures would not solve the critical issue of deep bargains. Between 2010 and 2013, Zomato lifted about US$16.7 million from Info Edge India, giving Info Edge India a 57.9% stake in Zomato.
Its premium membership-dependent dining out service Zomato Gold had 6,500 restaurants companions and a total of 1.1 million subscribers in India as of August 2019. As element of the campaign, around 2,500 restaurants logged out from the Zomato Gold provider. This round of funding was getting led jointly by Info Edge India and Vy Capital, with participation from Sequoia Capital. In November 2013, it raised an supplemental US$37 million from Sequoia Capital and Info Edge India. In September 2020, Zomato lifted $62 million from Temasek, after beforehand fully commited capitol from Ant Financial by no means arrived via. In October 2018, it lifted $210 million from Alibaba’s payment affiliate Ant Financial, which obtained an possession stake of about 10% of the company as portion of the round, which valued Zomato at all around $2 billion. In February 2018, Zomato grew to become a unicorn startup after elevating US$200 million from Ant Financial at a valuation of US$1.1 billion. In October 2020, as section of a Series J spherical of funding, Zomato raised $52 million from Kora, a US-primarily based Investment organization. This was adopted by yet another US$60 million funding led by Temasek, a Singapore federal government-owned expense firm, along with Vy Capital in September. This led Zomato to lessen its workforce by 10%, or all-around 300 men and women.
While in April 2015, Info Edge India, Vy Capital and Sequoia Capital led an additional spherical of funding for US$50 million. On eighteen May 2017, a protection blog termed Hack read through claimed above 17 million accounts had been breached. In July 2021, Zomato went public, opening its Initial public providing at a valuation of over US$8 billion. Hitesha then shot a online video with a bleeding nose and recalled whole incident and posted it on Instagram on March 9. After the article went viral, Bengaluru police then arrested the Zomato shipping and delivery government named Kamraj and booked him for assaulting Hitesha. Kamraj denied the allegations and uncovered that it was the woman who assaulted and abused him and her nose received damage by her individual ring amidst the scuffle. She claimed he sent her foodstuff very late and they each argued and had a verbal duel and then the delivery executive hit her on the nose and escaped. In September 2018, it obtained Bengaluru-based food items e-market, TongueStun Food, for about US$18 million in a dollars and stock deal. Hackread’s post claimed. Hacked claimed specifics of seventeen million consumers experienced in the meantime been marketed on the Dark Web.