Zomato

Alipay invests $210M in Zomato

Indian food-delivery and restaurant discovery platform, Zomato, has a signed a deal with Alipay Singapore Holding Pte. Ltd. to raise about $210 million. Alipay, digital payments arm of Chinese e-commerce giant Alibaba, is an existing shareholder of Zomato. This will lead to parent company Info Edge’s shares in Zomato to be diluted down to 27.68 per cent from the currently held
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helpchat

Helpchat & Zomato Join Hands To Make Your Food Ordering Simpler & Faster

Helpchat, Indian personal assistant app has partnered with Zomato, the country’s leading restaurant discovery and food delivery platform, to make the food ordering experience simpler and faster for consumers. Through this partnership, Helpchat has integrated Zomato directly into their app. Users are now able to search for, and order food online via Zomato from within the Helpchat app.
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Zomato

Zomato Invests In Startup Grab To Expand Its Ordering Business

Zomato’s founder and CEO Deepinder Goyal has hinted that the company is going to spend about $40-million in further expanding its ordering business. As a part of its food delivery business strategy, the company has invested in Grab, an early stage online food delivery startup, which provides hyperlocal logistics service connecting neighborhood stores, restaurants & online platforms.
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Zomato

Startup Zomato Will Fire 300 Employees.

To concentrate more on profit-making functions, startup Zomato has confirmed that they are laying off 300 employees [10% of its workforce]. Zomato’s content making team will be affected by this new move. Zomato is also going to implement a new business model, where they will split all the countries on its platform into two groups: Full Stack and Enterprise.
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Zomato

Zomato Raises $60 Million In Fresh Funding

Restaurant search and discovery app Zomato has raised $60M in a fresh round of funding led by Singapore Investment Company Temasek and Vy Capital. This newly raised fund takes Zomato’s total funding to $225 million (approx). Zomato will invest the fund for its new businesses, such as--online ordering, table reservations, points of sales, and the Whitelabel platform.
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Zomato

Zomato Invests In Food Delivery Startups Grab And Pickingo

Online restaurant directory and food ordering site Zomat0 has made investments in Gurgaon-based startup Pickingo, and Mumbai-based startup Grab. Both startups provide hyperlocal delivery services. Grab has already secured $1-million from Oliphans Capital. Earlier, Pickingo has raised $1.3-million led by Orios Venture Partners. Grab and Pickingo would provide services to the restaurants listed on Zomato’s Mumbai, Gurgaon, and NCR
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