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Zomato was founded as FoodieBay in 2008 by Deepinder Goyal and Pankaj Chaddah who worked for Bain & Company. The website started as a restaurant-listing-and-recommendation portal. They renamed the company Zomato in 2010 as they were unsure if they would "just stick to food" and also to avoid a potential naming conflict with eBay. [8] [9] [10]
In 2015, Swiggy received a $2 million investment from Accel and SAIF Partners, along with additional investment from Norwest Venture Partners. [7] The following year, it raised $15 million from both previous and new investors, including Bessemer Venture Partners and Harmony Partners. [7] In 2017, Naspers led an $80 million funding round into ...
Following this, Zomato granted a US$150 million loan to Blinkit. Zomato had acquired a 10% stake in the company the year prior. [28] [29] Following numerous discussions, on 24 June 2022, Zomato announced that it would acquire Blinkit for US$568 million in an all-stock deal. [15] The acquisition was completed on 10 August 2022. [16] [30]
Zepto is an Indian quick-commerce company headquartered in Bengaluru. [2] It was founded in July 2021 by Aadit Palicha and Kaivalya Vohra. [3] As of August 2024, the company is valued at over $5 billion [4] and operates over 250 dark-stores across ten metropolitan areas in India.
Online food ordering is the process of ordering food, for delivery or pickup, from a website or other application. The product can be either ready-to-eat food (e.g., direct from a home-kitchen, restaurant, or a virtual restaurant) or food that has not been specially prepared for direct consumption (e.g., vegetables direct from a farm/garden, fruits, frozen meats. etc).
Malhotra contacted executives at the Zomato restaurant review and delivery website in August 2015 and suggested introducing a feature that could filter "disabled-friendly" restaurants. The idea was welcomed by them. The filter was added to the Zomato app in six metropolitan areas – Delhi, Mumbai, Bangalore, Hyderabad, Kolkata and Chennai. [20 ...
Yulu has also signed agreements with quick commerce and last mile delivery companies to provide shared DeX EVs to the latter’s delivery partners. These e-commerce and logistics platforms include Zomato, [27] Swiggy, Shadowfax, Amazon, Blinkit, Flipkart Minutes, and Zepto. [28]
Ultrahuman raised $7.5 mn in Seed round from Nexus Venture partners and Blume ventures. [ 10 ] In their Series A round, [ 11 ] Ultrahuman raised $17.5M in funding from Alpha Wave Incubation (AWI), [ 12 ] [ 13 ] Steadview Capital, Nexus Venture Partners, Blume Ventures and iSeed fund.