The fresh funding is a part of the Series I round, where Zomato raised $210 million from Ant Financial in October Zomato is also in talks to sell its UAE business for $200-$250 million to Germany's Delivery Hero
2 min read7 Feb 2019In last six months, three different brokerages have valued food technology firm Zomato at three extremely varied valuation levels ranging from $700 million to $2.5 billion
2 min read24 Jan 2018The Runnr acquisition will help Zomato to significantly shore up its food delivery business, amid intense competition from rivals such as Swiggy
2 min read14 Sep 2017Swiggy is in talks with Naspers and Fosun International for a $50 million fundraising that will provide the online food delivery start-up significant heft against Zomato
2 min read27 Mar 2017The funding will help food tech start-up Holachef strengthen operations in the existing cities while also enabling it to expand to newer ones
1 min read11 Oct 2016Compared to most investor-driven consolidation deals earlier, the TinyOwl-Roadrunnr merger stands out for being relatively non-controversial
3 min read13 May 2016Foodpanda looks to outsource delivery as well as start its own kitchen as it seeks to bolster its local business
3 min read25 Feb 2016The company stopped accepting orders on 15 December, however, none of the employees have been fired or given an explanation on the sudden roll back of operations
2 min read24 Dec 2015The move comes at a time when investor apathy has prompted a few food technology start-ups to shut shop
3 min read15 Dec 2015The food tech start-up will open the kitchens in areas where the partner restaurants do not have a physical presence but potential customers
3 min read2 Dec 2015The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared