Zomato is one the food-tech startup company located in India. Zomato provides detailed information about the restaurants near your location. You can order your favorite dish from your favorite restaurant with just a few clicks. Zomato offers home delivery with a very minimal service delivery charge. The app takes the order to the desired restaurant and delivers food at your doorstep.
Recently they announced their shifting of business throughout the Asian continent. Zomato raises $400 million at $2 billion valuations per year with many more in form of endorsements. Currently, Zomato has its subsidiaries in 23 countries. The company has partnered with more than 35000 restaurants and currently, they have more than 40,000 delivery fleets in Bengaluru, Pune, Kolkata, and Hyderabad.
Zomato is the Second Best… Guess who is first?
Zomato ranks second in the food ordering service and they come right after Swiggy. However, they have come back strongly with new service schemes and app upgrades.
It is not an easy thing to capture the international market but Zomato has done it successfully. They have won the hearts of millions of customers with their lightning fast delivery and customer friendly responses.
Opportunity At Zomato
Zomato is partnering with multiple restaurants aiming to expand throughout India. Since their customer-base is increasing exponentially, they are efficiently increasing their delivery boys for a faster service to customers.
The best thing about Zomato is their customer feedback option. They tend to analyze every single response and stay connected to people ordering food from their application.
Zomato Strict Policies
Zomato takes serious actions against restaurants if they receive any complaint from the customer behalf. They tend to end their tie-ups, penalize restaurants, charge delivery boys, and follow every kind of similar strict policies.
All you need to know about Zomato Revenue Policy
In March 2017 Zomato enjoyed a doubled revenue of Rs. 399 crore. However, they saw loses in revenues of Rs 389 crore in the year 2016. Currently, Zomato has an annual turnover of $13.4 million. That is all about Zomato.