Starting today, all women (including transgender people) at Zomato can avail up to 10 days of period leaves in a year,” Zomato Founder and CEO Deepinder Goyal said in a blog post. Ahead of a potential listing on exchanges, Zomato is on the verge of closing a $500 million investment that would value the Gurugram-based company at around $5.5 billion. And that’s when this venture started being called Zomato, as we know of it today. Zomato is extending Zomato Gold memberships by four months, in light of lockdowns keeping restaurants closed amid the ongoing coronavirus pandemic. Zomato’s financials (consolidated basis) … Zomato makes it mandatory for delivery partners to download Aarogya Setu app on their phone. The company bought Urbanspoon in 2015 to gain access to the United States and Australia. This could further exacerbate strained relations between the food delivery platforms and restaurants. Zomato - Name, Tagline, and Logo. In today’s post, we will see about Zomato App and try to find out why it is was not working. Zomato is sustaining the cash burn through the regular inflow of funds from investors. The company is also preparing for a public listing this year. In December last year, Zomato had closed a $660 million (over Rs 4,850 crore) funding round, valuing the company at a post-money valuation of … and many more others. Online restaurant guide and food ordering platform Zomato has closed $660 million funding round, valuing the company at a post-money valuation of $ 3.6 billion. The food delivery company Zomato has closed its massive $660 million funding round in December 2020 even as it is in the process of closing a $140 million secondary transaction, Goyal had … The acquisition of Fitso by Zomato has come a month after it had closed a $600 million financing round at a valuation of $3.9 billion. Share your food journey with the world, Checkin at Restaurants, Bars & Cafes and follow other foodies for personalized recommendations. Zomato, which is preparing to launch an IPO in the first half of 2020-21, recently closed a $660 million funding round at a post-money valuation of $3.9 billion. Bengaluru: Food tech unicorn Zomato's founder and CEO Deepinder Goyal said on Friday that it has closed a $660 mn primary financing round, valuing it at $3.9 Billion, adding that December 2020 is expected to be the highest ever GMV month in his history, as food delivery sees a bounce back after the debilitating effects of Covid19. Zomato is the best way to discover great places to eat in your city. Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Zomato has closed a $660 million primary financing round at a post-money valuation of $3.9 billion, said the foodtech unicorn’s co-founder and Deepinder Goyal in a tweet on Friday. By extension food delivery platforms such as Swiggy and Zomato -- that are by itself functioning -- have also taken a big hit. Zomato's tagline is "Never have a bad meal". It is a busy day for the good folks active on Twitter. The firm is also now focusing on launching its nutrition business. Food delivery app Zomato’s standalone losses widened 160% to Rs 2,451 crore in the fiscal year … By Anwesha Mitra. Bingo, Zomato and Harpic are getting cancelled today, here's why . Zomato clocks 60% larger GMV this New 12 months’s Eve over final yr Zomato closed a $660 million As home-bound Indians ushered within the New 12 months with low-key celebrations, demand for on-line meals supply companies ballooned. Food delivery startup Zomato is set to close $500 million worth of investment which will take the value of the company to $5.5 billion (approx). Founded in 2008 by Deepinder Goyal and Pankaj Chaddah, Zomato is backed by investors that include Ant Financial, Sequoia Capital, Sequoia Capital India, Temasek Holdings, and Vy Capital. Evoking the force majeure clause that frees both parties from liability when … The founders changed Foodiebay to 'Zomato' to make it more prominent, simple to memorize and primarily to eliminate the confusion with the website eBay. Its EBITDA margins also worsened by 1535 BPS to -80.75% in FY20 and outstanding losses mounted to Rs 4,666.4 crore at the end of fiscal in March 2020. We are sure that you’d like to ask some questions about Zomato App, such as what is Zomato App?, Why Zomato App is not starting?, Why Zomato App is not working properly?, When Zomato App will start again? Ahead of IPO, Zomato set to close $500 million funding businesstoday.in - BusinessToday.In. Zomato’s net losses increased by as much as 160.63% to Rs 2,451.17 crore in the year to March 31, 2020, the company’s regulatory filings sourced from business intelligence platform Tofler showed. Zomato is the best way to discover great places to eat in your city. Food delivery company Zomato has closed a $660 million investment round from marquee investors and is currently in the process of closing a $140 … This is applicable for Zomato Gold … Zomato is planning an IPO (initial public offering) this year. This list includes Tiger Global, Kora, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, and Steadview,” he said in a series of tweets. COVID-19 Destroys Food Business: Swiggy, Zomato Loses 70% Orders, 80% Restaurants Closed. BENGALURU: Zomato's net loss increased by 160% to Rs 2,451 crore in the year ended March 2020 compared to the previous year. 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