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ZOMATO LIMITED

Zomato

L93030DL2010PLC198141

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees8369
  • Founded Year 2008
  • Company StagePublic Limited Company
  • Valuation₹2,35,957 Cr
  • Total Funding₹15,453.21 Cr
  • Industry

  • Headquarter
  • Company StatusListed
About Zomato

Zomato functions as a technology hub that seamlessly connects customers, restaurant partners, and delivery partners, catering to a diverse range of needs. Customers utilize their platform to explore and uncover restaurants, contribute and peruse customer reviews, share and view photos, place food delivery orders, reserve tables, and facilitate payments while dining out. They equip restaurant partners with specialized marketing resources to effectively engage and attract customers, fostering business expansion, alongside offering a dependable and streamlined last-mile delivery service. Additionally, through Hyperpure, their comprehensive procurement solution, they deliver top-tier ingredients and kitchen essentials to our restaurant partners, ensuring quality and convenience.

Business Model

Zomato is a technology company that operates Online food delivery and restaurant discovery platform. rive revenue from online platform services such as sale of food, advertisement, subscription, delivery facilitation et al to users, restaurant partners and the delivery partners. Their online platform facilitates food ordering and delivery of the food items by connecting the end users, restaurant partners and delivery personnel.

Top Competitors
RF
Rebel FoodsU93000PN2010PTC136943
EB
Eatclub BrandsU55204KA2012PTC087024
IN
InnerchefU72900HR2016PTC065010
SW
SwiggyU74110KA2013PTC096530
FR
FreshmenuU15209KA2014PTC075887
Zomato Funding Details
Funding Highlights
Latest Funding RoundSeries J
Total Funding Raised₹15,453.21 Cr
Current Valuation₹2,35,957 Cr
No. of Investments Made15
Total No. of Acquisitions17
Lead Investors6
Investors
  • Info Edge, Kora, Tiger Global, Ant Financial, Peak XV Partners, VY Capital
Note:

The valuation mentioned above is the market capitalization of the company as on Nov 18, 2024.

Funding History

2020-21 2020-21 2019-20 2019-20 2018-19 2018-19 2017-18 2017-18 Financial Year ₹0.00 ₹0.00 ₹2,000 Cr ₹2,000 Cr ₹4,000 Cr ₹4,000 Cr ₹6,000 Cr ₹6,000 Cr ₹8,000 Cr ₹8,000 Cr Amount

Zomato has raised a total of ₹15,453.21 Cr in funding over 22 rounds. Their latest funding was raised on Feb 22, 2021 from a Series J round.

Disclaimer
TheKredible showcases data from financial year 2018-19 only. However, the "Total no. of funding rounds" reflects the original state of the company.

Funding Rounds

Announcement DateRound NameFunding RaisedValuationLead Investor
Feb 22, 2021 Series J₹1,809.55 Cr ₹39,123 Cr Kora
Dec 18, 2020 Series J₹4,855.95 Cr ₹28,626 Cr Tiger Global, Fidelity Investments, Baillie Gifford, Mirae Asset, Steadview Capital, Kora, Luxor Capital Group
Nov 13, 2020 Series J₹1,454.35 Cr - Luxor Capital Group
Oct 10, 2020 Series J ₹380 Cr ₹25,674 Cr Kora
Sep 4, 2020 Series J₹760 Cr ₹24,959.4 Cr Tiger Global
Aug 22, 2020 Series J₹184.31 Cr - Foodie Bay
Aug 13, 2020 Series J₹456 Cr ₹23,863 Cr Temasek
Mar 24, 2020 Series J₹38 Cr - Pacific Horizon
Jan 10, 2020 Series J₹1,064.4 Cr ₹21,360 Cr Ant Financial
Feb 28, 2019 Series I₹441.62 Cr - Delivery Hero
Feb 5, 2019 Series I₹286.2 Cr ₹14,300 Cr Glade Brook Capital
Oct 13, 2018 Series I₹1,597.34 Cr - Ant Financial
Till 2017-18 Cumulative₹2,125.5 Cr - Cumulative
Disclaimer
TheKredible showcases data from financial year 2018-19 only. However, the "Total no. of funding rounds" reflects the original state of the company.

Funding Rounds Per Year

Total Funding ₹9,900.16 Cr
Kora, Fidelity Investments, Tiger Global Management, Bow Wave Capital Management, Dragoneer Investment Group & others Kora, Fide... Tiger Global, Fidelity Investments, Baillie Gifford, Mirae Asset, Steadview Capital, Kora, Luxor Capital Group Tiger Glob... Luxor Capital Group, Baillie Gifford, Bow Wave Capital Management, Steadview Capital, Kora Luxor Capi... Kora Kora Tiger Global Tiger Glob... Foodie Bay Foodie Bay Temasek Temasek
Investor NameFunding Raised
Kora, Fidelity Investments, Tiger Global Management, Bow Wave Capital Management, Dragoneer Investment Group & others
₹1,809.55 Cr
Tiger Global, Fidelity Investments, Baillie Gifford, Mirae Asset, Steadview Capital, Kora, Luxor Capital Group
₹4,855.95 Cr
Luxor Capital Group, Baillie Gifford, Bow Wave Capital Management, Steadview Capital, Kora
₹1,454.35 Cr
Kora
₹380 Cr
Tiger Global
₹760 Cr
Foodie Bay
₹184.31 Cr
Temasek
₹456 Cr

Investments

No. of Investments15
Announcement DateCompany NameAmountRound Name
Mar 15, 2022Mukunda Foods ₹38.09 Cr Series A
Mar 15, 2022Blinkit ₹1,154.96 Cr Debt Financing
Jan 28, 2022UrbanPiper ₹37.52 Cr Series B
Jan 28, 2022Adonmo ₹112.19 Cr Series A
Dec 10, 2021ShipRocket ₹567.88 Cr Series E
Nov 10, 2021Magicpin ₹445.87 Cr Series D
Nov 10, 2021cult.fit Undisclosed Series D
Nov 3, 2021cure.fit ₹374.98 Cr Series D
Jun 15, 2018Loyal Hospitality ₹136.12 Cr Series B
May 21, 2018Kitchens at ₹27.21 Lakh Seed
Apr 2, 2018Insider Undisclosed Series B
Sep 25, 2017TinMen Undisclosed Seed
Feb 1, 2016Twoanyone Undisclosed Series A
Sep 1, 2015Grab Undisclosed Seed
Sep 1, 2015Pickingo Undisclosed Seed

Acquisitions

No. of Acquisitions17
Announcement DateAcquireeFounded YearAmount
Aug 21, 2024Paytm's movies and ticketing biz 2017 ₹2,044.71 Cr
Aug 11, 2022Blinkit 2013 ₹4,447 Cr
Mar 21, 2022Gatoes 2020 Undisclosed
Jan 20, 2021FITSO 2015 ₹99.97 Cr
Jan 21, 2020Uber Eats India 2014 ₹2,487.8 Cr
Sep 5, 2018TongueStun 2012 ₹129.51 Cr
Jun 6, 2017Runnr 2015 ₹257.74 Cr
Sep 26, 2016Sparse Labs 2014 Undisclosed
Apr 22, 2015NexTable, Inc. 2012 Undisclosed
Apr 14, 2015MapleGraph 2011 Undisclosed
Jan 29, 2015Mekanist 2008 Undisclosed
Jan 12, 2015Urbanspoon 2006 ₹372 Cr
Dec 18, 2014Cibando 2011 Undisclosed
Sep 23, 2014Gastronauci.pl 2007 Undisclosed
Aug 22, 2014Lunchtime 2008 Undisclosed
Aug 12, 2014Obedovat 2004 Undisclosed
Jul 1, 2014Menu Mania 2006 ₹5 Cr
Zomato Financial Details
Financial Highlights
FY 2023-24 Revenue₹12,961 Cr
FY 2023-24 Expenses₹12,670 Cr
FY 2023-24 Profit/Loss₹351 Cr
Net Cash Flow From Operations₹646 Cr
Current Valuation₹2,35,957 Cr

3 Years Comparison (FY2021-22 To FY2023-24)

2021-22 2021-22 2022-23 2022-23 2023-24 2023-24 Financial Year ₹0.00 ₹0.00 ₹2,000 Cr ₹2,000 Cr ₹4,000 Cr ₹4,000 Cr ₹6,000 Cr ₹6,000 Cr ₹8,000 Cr ₹8,000 Cr ₹10,000 Cr ₹10,000 Cr ₹12,000 Cr ₹12,000 Cr Particulars
Particulars 2021-22 2022-23 2023-24
Revenue
 ₹4,687.3 Cr ₹7,760.9 Cr ₹12,961 Cr
Expenses
 ₹6,205.5 Cr ₹8,775.3 Cr ₹12,670 Cr
Profit/Loss
 -₹1,222.5 Cr -₹971 Cr ₹351 Cr

Revenue Breakdown (FY2021-22 To FY2023-24)

Total₹12,961 Cr
Operating Revenue Operating Revenue Other Revenue Other Revenue
ParticularsAmount
Operating Revenue
₹12,114 Cr
Other Revenue
₹847 Cr
Total₹12,114 Cr
India food ordering and delivery India food ordering ... Hyperpure Hyperpure Quick commerce Quick commerce Going Out Going Out
Operating RevenueAmount
India food ordering and delivery
₹6,361 Cr
Hyperpure
₹3,172 Cr
Quick commerce
₹2,301 Cr
Going Out
₹258 Cr
Other Segments
₹22 Cr

Expense Breakdown (FY2021-22 To FY2023-24)

Total Expenses ₹12,670 Cr
Other Expenses Other Expenses Transportation & Distribution Cost Transportation ... Employee Benefit Cost Employee Benefi... Advertisement & Promotion Cost Advertisement &... Depreciation Depreciation
ParticularsAmount
Other Expenses
₹5,066 Cr
Transportation & Distribution Cost
₹3,915 Cr
Employee Benefit Cost
₹1,659 Cr
Advertisement & Promotion Cost
₹1,432 Cr
Depreciation
₹526 Cr
Finance Cost
₹72 Cr

Shareholding Structure

Others Others Info Edge Info Edge Deepinder Goyal Deepinder Goyal AntFin AntFin Government Of Singapore Government Of S... Temasek Temasek Camas Investments Camas Investmen...
ShareholderShareholding %
Others
63.28%
Info Edge
13.52%
Deepinder Goyal
4.18%
AntFin
2.13%
Government Of Singapore
1.96%
Temasek
1.94%
Camas Investments
1.90%
Kotak Flexicap Fund
1.62%
ShareholderShareholding %
Axis Mutual Fund
1.42%
ESOP Trust
1.27%
Kuwait Investment Authority
1.21%
Government Pension Fund Global
1.17%
ICICI Prudential Balanced Advantage Fund
1.17%
Canada Pension Plan Investment Board
1.15%
Vanguard
1.08%
Fidelity Investment Trust
1.00%
ShareholderShareholding %
Others
63.28%
Info Edge
13.52%
Deepinder Goyal
4.18%
AntFin
2.13%
Government Of Singapore
1.96%
Temasek
1.94%
Camas Investments
1.90%
Kotak Flexicap Fund
1.62%
Axis Mutual Fund
1.42%
ESOP Trust
1.27%
Kuwait Investment Authority
1.21%
Government Pension Fund Global
1.17%
ICICI Prudential Balanced Advantage Fund
1.17%
Canada Pension Plan Investment Board
1.15%
Vanguard
1.08%
Fidelity Investment Trust
1.00%
Note:

Shareholding pattern as on Nov 18, 2024.

Financial Ratios

Particulars 2021-22 2022-23 2023-24
EBITDA Margin -28.93% -6.81% 6.86%
Assets Turnover Ratio 32.21% 36.37% 53.89%
Total Expenditure/Revenue From Operation 1.48 1.24 1.046
ROCE -9.07% -4.79% 1.71%
Zomato Key People
People Metrics
Current Core Team1
Board Members/Directors7

Core Team

DG
Deepinder Goyal Co-Founder, CEO & Director

Board Members/Directors

NG
Namita GuptaDirector
KD
Kaushik DuttaDirector
SB
Sanjeev BikhchandaniDirector
SB
Sutapa BanerjeeDirector
GT
Gunjan Tilak Raj SoniDirector
DF
Douglas FeaginDirector
AP
Aparna Popat VedDirector
Zomato Documents

AY - 2018-19

Profit and Loss statement - Zomato - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Zomato for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Zomato - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Zomato for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Zomato - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Zomato for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Zomato - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Zomato for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Zomato - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Zomato for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Zomato - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Zomato for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Zomato - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Zomato for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Zomato - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Zomato for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - Zomato - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Zomato for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - Zomato - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Zomato for FY 2022-23.
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Zomato - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Zomato for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Zomato - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Zomato for FY 2023-24
₹249.00 ₹498.00

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