ZOMATO LIMITED IPO
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Zomato Limited is one of the leading Food Services platforms in India in terms of value of food sold and is present in 525 cities in India with 389,932 active restaurants as of March 31, 2021. The company’s mobile application is the most downloaded food and drinks application in India in each of the last three fiscal years since FY 2019-21. The technology platform connects customers, restaurant partners and delivery partners, serving their multiple needs. Customers use the Zomato platform to search & discover restaurants, read & write reviews and view & upload photos, order food delivery and make payments while dining out among others. On the other hand, the company provides restaurant partners with industry-specific marketing tools which enables them to engage and acquire new customers and also provides a reliable and efficient last mile delivery service. Zomato also operates a one-stop procurement solution, Hyperpure, which supplies high quality ingredients to the restaurant partners.