Short Bio
Zomato is a multinational Indian restaurant platform and food delivery service. Founded in 2008 by Deepinder Goyal and Pankaj Chaddah. Zomato offers its services in more than 1,000 Indian cities. Zomato offers restaurant information, menus, and user ratings in addition to food delivery choices from affiliated eateries.
Overview
Company Name: | Zomato |
Also Know as: | N/A |
Type: | Public |
Industry: | Online Food Ordering |
Founded: | July 2008 |
Founders: | Deepinder Goyal and Pankaj Chaddah |
Headquarters: | Gurugram, Haryana, India |
Area Served: | India and foreign countries including UAE |
Revenue: | ₹4,687 crore (2022) |
Net Income: | 1,222 crore (2022) |
Number of Employees | 5000+ |
Website: | zomato.com |
History
Zomato was founded in 2008 by Deepinder Goyal and Pankaj Chaddah. The founders’ idea was to start an online website and upload the restaurant’s menu so that people could find it in one place. In the initial days, they named their small website Foodiebay, but in 2010, they renamed it Zomato and expanded it to several cities.
The platform saw rapid growth, and in 2012 it started its services in several other countries as well, including the United Arab Emirates, Sri Lanka, and the United Kingdom. The company expanded its services to many countries, upgraded its platform, and launched online ordering and table reservations as well.
The company upgraded itself and launched new features to help several customers. Today zomato is one of the leading online food-ordering websites in India. In 2021 zomato became a publicly traded company with a successful initial public offering on the Indian stock market.
Services
Zomato offers a range of services to help users discover, order, and enjoy food from restaurants. Some of the key services offered by Zomato include information about restaurants, ordering food online, reserving tables, restaurant reviews and ratings, food delivery, and Zomato Pro.
- Information about restaurants: The platform provides the service to discover a new restaurant or to find and order food from an older one.
- Restaurant reviews and ratings: Before ordering food, customers can see the reviews and ratings of the food and the restaurant. The app also allows customers to review and rate the restaurant and the food.
- Zomato Pro: It is a subscription service provided by Zomato to its older users to avail discounts and offers for themselves.
Founder
The founders of Zomato are Deepinder Goyal and Pankaj Chaddah; they founded it in 2008.
- Deepinder Goyal was born on January 26, 1983, in Muktsar, situated in Punjab. Deepinder Goyal is the CEO and founder of Zomato. He completed his graduation from IIT Delhi in 2005 with a mathematics and computing degree.
- Pankaj Chaddah was born on December 23, 1985. Pankaj Chaddah is also an IIT Delhi graduate. Pankaj is a co-founder of Zomato.
- Deepinder and Pankaj became friends when they both were doing analyst work at Bain Company. Soon they both came up with the idea of creating an online directory for restaurant menus and after years, he co-founded Zomato.