The app and smartphone penetration in urban India has changed the dynamics of the food sector. This has led to the growth of food tech startups and one such single point source of hyperlocal food discovery and delivery in India is Zomato.
How It All Started?
Zomato was founded by Pankaj Chaddah and Deepinder Goyal in 2008, as an Indian restaurant search and discovery service, which now operates in 24 countries.
The company originally named as ‘Foodiebay’ changed its brand name to Zomato in 2010. Both the founders are IIT graduates and the idea sprang to them when after having to cadge around for restaurant menus they thought there was a need for an internet directory for restaurant menus and the rest, as they say, is history.
Zomato’s Mantra- No One Has A Bad Meal
This food tech startup helps people to discover great places around them. The team of Zomato gathers information about each restaurant on a regular basis so as to ensure that the data on their app is up to date. The company’s vast community of food lovers share their reviews and photos so as to enable the users to make an informed choice.
With over 1 million restaurants and still counting, Zomato claims to make the dining experience more enjoyable and satisfying. On their app users can make online table reservations besides ordering food. Besides that, the Zomato pickup service is also available where the consumers can order food online and skip the queue and can grab their order.
Zomato aims to make the quality of food better and also to make it accessible to more people. The company has its hygiene and audit ratings on its platform so as to standardize kitchen hygiene to the restaurant industry in India. The company claims to have more than 10000 restaurants that have Zomato’s food and hygiene ratings displayed on their web pages.
Zomato’s Widespread Network
Their services are extended to 10000 cities across 24 countries as their user base continues to expand. According to the company, their team represents over 32 nationalities and speaks twice as many languages.
The Way Forward
This food tech unicorn has managed to raise funding of USD 40 million from Glade Brook, a US-based private investor. This funding according to reports is a part of USD 1 billion funding which the company is raising from its existing investors.
To know more about their offerings get in touch with the team of Zomato today.