This follows Zomato’s announcement ahead of going public where the founders said that the focus will remain on growing the India business.
Zomato, which has a presence in 23 countries, said it will provide services such as restaurant search in these geographies.
The operations of ZUL have been discontinued since 17 August and the entity’s contribution to net worth of Zomato stood at 0.07%, according to the filings.
The company’s market capitalization crossed $13.3 billion after listing in the public markets.
Recently, Zomato also divested its stake in the US-based restaurant table booking platform NexTable for $100,000. Earlier this month Zomato set up a fintech payment entity called Zomato Payments Pvt. Ltd for payment aggregator and gateway services.
The company recently invested ₹740 crore in on-demand grocery delivery Grofers to enter the express delivery space for essentials, taking on rival Swiggy’s Instamart.