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7 7  Zomato was launched in 2010, The company's technology platform connects customers, restaurant partners and delivery partners, serving their multiple needs. Customers use its platform to search and discover restaurants, read and write customer generated reviews and view and upload photos, order food delivery, book a table and make payments while dining-out at restaurants. On the other hand, the company provide restaurant partners with industry-specific marketing tools which enable them to engage and acquire customers to grow their business while also providing a reliable and efficient last mile delivery service. The company also operate a one-stop procurement solution, Hyperpure, which supplies high quality ingredients and kitchen products to restaurant partners. The company also provide its delivery partners with transparent and flexible earning opportunities.{{footnote}}https://www.zomato.com/who-we-are{{/footnote}}
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10 +[[image:Zomato1.jpg]]
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10 10  == Company History ==
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12 12  Zomato was founded by Deepinder Goyal and Pankaj Chaddah as Foodiebay in 2008 and was renamed  as “DC Foodiebay Online Services Private Limited” as a private limited company on January 18, 2010. On May 16, 2012, the name of its Company was changed to “Zomato Media Private Limited”, on April 3, 2020, the name of its Company was changed to “Zomato Private Limited”. Finally on April 5, 2021 the name of its Company was changed to “Zomato Limited” upon conversion into a public limited company. The registered office of the company is Nehru Place, New Delhi.
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47 47  * United States
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53 +As of December 31, 2020, we had 3,469 employees worldwide. We also engage contractors and consultants to provide us temporary workforce. None of our employees are represented by a labor union. We have not experienced any work stoppages since our incorporation, and we believe that our employee relations are strong.
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50 50  == Platform Offerings ==
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52 52  The company's business is built around the core idea that over time, people in India are going out to eat at restaurants more than they cook at home. To capture value out of this shift in customer behavior, Zomato has two core business-to-customer (B2C) offerings – (i) Food delivery and (ii) Dining-out, in addition to its business-to-business (B2B) offering (iii) Hyperpure. Another important part of its business is (iv) Zomato Pro, its customer loyalty program which encompasses both food delivery and dining-out.
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60 +[[image:Zomato 3.webp]]
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55 55  === Food Delivery ===
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57 57  According to RedSeer, Zomato has consistently gained market share over the last four years to become the category leader in the food delivery space in India in terms of GOV from October 1, 2020 to March 31, 2021. Zomato has experienced rapid growth in food delivery in India with its Orders increasing by 13.2 times from 30.6 million in Fiscal 2018 to 403.1 million in Fiscal 2020 and its GOV growing 8.4 times from ₹13,341.4 million in Fiscal 2018 to ₹112,209.0 million in Fiscal 2020
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68 68  **Restaurant partners** – on an average, in Fiscal 2020, the company had 131,233 Active Food Delivery Restaurants every month. Restaurants are the backbone of its business, and the company strongly believe that the company can only be viable if the company help the restaurant industry grow and succeed more than what it could do without it.
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74 74  === Dining-Out ===
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99 99  According to the DRHP, Zomato reported a loss of Rs 682 crore in the nine months ending December 2020. Previously, In the financial year 2019-20, the company had a net loss of Rs 2,386 crore, up from Rs 1,010 crore in the financial year 2018-19. Although the company reported a jump in revenue from Rs 1,397 crore in FY19 to Rs 2,743 crore in FY20, its expenses have increased from Rs 3,608 crore to Rs 5,006 in the same period.
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105 105  = Zomato IPO =
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