Submitted to:- Submitted by:-
Dr. kshitiz sharma Subham
Sachin
Sam
Manoranjan
Akhil nair u
Zomato, an Indian start-up is in the business of online food ordering. It
initially launched Foodiebay.com in Gurugram in 2008, a website that
scanned menus and provided ratings and recommendations on
restaurants. It soon expanded to cities like Kolkata, Mumbai, Pune and
Bengaluru and renamed itself as Zomato in 2010. Presently the food
ordering business has its presence in 24 countries and has achieved a
milestone of 21 million monthly online food orders in India alone.
Zomato’s overall revenue from food ordering increased from 35 per cent
to 65 per cent after acquiring a delivery provider company named
Runnr in 2017. And recently zomato acquired Uber Eats in $500 million.
After receiving its first investment in 2010 by info edge, Zomato started
expanding its operations and achieved improved growth. The company
made nine acquisitions by 2015 of which five acquisitions were made in
a single year.
Intro:-
By 2016 Zomato was valued at US$ 1 billion. It has raised about
US$ 635 million in 11 rounds.
Over the years, Zomato has been able to come up with new products
like Zomato Gold, Treats and hygiene ratings to tackle the newcomers
like Uber, Ola and Swiggy. Zomato gold was labelled as the fastest user
subscription programme in the country after getting 300,000 paid users
and partnering with about 2,200 restaurants. Having overcome the initial
uncontroled period and firmly establishing itself as a leading player in
terms of deciding your next meal.
Board Members &Founder(s) :-
Deepinder Goyal (Founder and CEO)
Pankaj Chaddah (founder)
Gaur av Gupta ( C o - Founder & C OO)
Mohit Gupta (CEO - Food Delivery bus ines s )
Gunjan Patidar ( H ead of Engineer ing)
Ak r iti C hopr a ( C FO)
• Deepinder graduated with a Mathematics and Computing degree from IIT
Delhi in 2005.
• And after a short search, he took up the job at Bain and Company as a
Senior Associate Consultant in January 2006.
• In Bain and Company cafeteria, they had noticed that, a lot of people
used
to line up to check out menus, to order food during the lunch hour. This
used to take up a large amount of everyone’s time on a daily basis.
• That is when Deepinder partnered with his old time friend Pankaj
Chaddah, to create a website and, scan all the restaurant menus that
were around the area, and upload it on an intranet website for Bain
employees.
About Deepinder Goyal & Starting of Zomato :-
• They simplify the restaurant or menu search
for friends and colleagues.
• The website began to get a lot of traffic, far
more than their imagination.
• That is when Deepinder saw the potential of a
successful business in front of them, and
hence, capitalizing on the rising opportunity.
• Finally they together formed Foodiebay.com
2008.
INVESTMENTS
-Between 2010-13,Zomato raised aproximately US$16.7 million from Info
Edge India, giving them a 57.9% stake in Zomato.
-Again US$37 million from Sequoia Capital and Info Edge India
-US$660 million by Info Edge India and Vy Capital, with participation
of Sequoia Capital.
- Info Edge India, Vy Capital and Sequoia Capital led another round of
funding for US$50 million
-US$60 million funding by Temasek, a Singapore government-owned
investment company
-$210 million from Alibaba's payment affiliate Ant Financial. Ant
Financial received an ownership stake of over 10% of the company as part
of the round, which valued Zomato at around $2 billion. Zomato had also
raised an additional $150 million from Ant Financial earlier in 2018
Difficulties in running
ZOMATO
SECURITY BREACHES OF ZOMATO :-
On 4 June 2015, an Indian security researcher
hacked the Zomato website and gained access to
information about 62.5 million users.
On 18 May 2017, a security blog called Hackread
claimed over 17 million accounts had been
breached. ("The database includes emails and
password hashes of Zomato users, while the price
was set for the whole package is $1,001.45. The
vendor also shared a trove of sample data to prove
it is legit“) Avilable on Dark Web
CONTROVERSIES OF ZOMATO
In July 2019, Zomato received a Hindu customer's complaint that he
was assigned a non-Hindu delivery boy for his food order
in Jabalpur and had asked Zomato to provide a Hindu delivery boy.
incident was twitted then zomato responded "Food doesn‘t have a
religion."
including support from rival Uber Eats, politicians
P .Chidambaram and Omar Abdullah,
Celebrity Richa Chadha.
LOGOUT CAMPAIGN
On 17 August 2019, more than 1,200 restaurants logged off
from Zomato because of their offer of discount programmes at
dine-in restaurants. In Pune alone, more than 450 restaurants
stopped serving to Zomato Gold beause of aggressive
discounts and loss of business.
However, Zomato founder Goyal admitted mistake,
and ready to rectify it
He also urged restaurants to stop #Logout campaign.
Where they stand now a days in
terms of finance
Loss FY19 = 294m
Data to information
Thank You
Source : WIKIPIDIA

Zomato

  • 1.
    Submitted to:- Submittedby:- Dr. kshitiz sharma Subham Sachin Sam Manoranjan Akhil nair u
  • 2.
    Zomato, an Indianstart-up is in the business of online food ordering. It initially launched Foodiebay.com in Gurugram in 2008, a website that scanned menus and provided ratings and recommendations on restaurants. It soon expanded to cities like Kolkata, Mumbai, Pune and Bengaluru and renamed itself as Zomato in 2010. Presently the food ordering business has its presence in 24 countries and has achieved a milestone of 21 million monthly online food orders in India alone. Zomato’s overall revenue from food ordering increased from 35 per cent to 65 per cent after acquiring a delivery provider company named Runnr in 2017. And recently zomato acquired Uber Eats in $500 million. After receiving its first investment in 2010 by info edge, Zomato started expanding its operations and achieved improved growth. The company made nine acquisitions by 2015 of which five acquisitions were made in a single year. Intro:-
  • 3.
    By 2016 Zomatowas valued at US$ 1 billion. It has raised about US$ 635 million in 11 rounds. Over the years, Zomato has been able to come up with new products like Zomato Gold, Treats and hygiene ratings to tackle the newcomers like Uber, Ola and Swiggy. Zomato gold was labelled as the fastest user subscription programme in the country after getting 300,000 paid users and partnering with about 2,200 restaurants. Having overcome the initial uncontroled period and firmly establishing itself as a leading player in terms of deciding your next meal.
  • 4.
    Board Members &Founder(s):- Deepinder Goyal (Founder and CEO) Pankaj Chaddah (founder) Gaur av Gupta ( C o - Founder & C OO) Mohit Gupta (CEO - Food Delivery bus ines s ) Gunjan Patidar ( H ead of Engineer ing) Ak r iti C hopr a ( C FO)
  • 5.
    • Deepinder graduatedwith a Mathematics and Computing degree from IIT Delhi in 2005. • And after a short search, he took up the job at Bain and Company as a Senior Associate Consultant in January 2006. • In Bain and Company cafeteria, they had noticed that, a lot of people used to line up to check out menus, to order food during the lunch hour. This used to take up a large amount of everyone’s time on a daily basis. • That is when Deepinder partnered with his old time friend Pankaj Chaddah, to create a website and, scan all the restaurant menus that were around the area, and upload it on an intranet website for Bain employees. About Deepinder Goyal & Starting of Zomato :-
  • 6.
    • They simplifythe restaurant or menu search for friends and colleagues. • The website began to get a lot of traffic, far more than their imagination. • That is when Deepinder saw the potential of a successful business in front of them, and hence, capitalizing on the rising opportunity. • Finally they together formed Foodiebay.com 2008.
  • 7.
    INVESTMENTS -Between 2010-13,Zomato raisedaproximately US$16.7 million from Info Edge India, giving them a 57.9% stake in Zomato. -Again US$37 million from Sequoia Capital and Info Edge India -US$660 million by Info Edge India and Vy Capital, with participation of Sequoia Capital. - Info Edge India, Vy Capital and Sequoia Capital led another round of funding for US$50 million -US$60 million funding by Temasek, a Singapore government-owned investment company -$210 million from Alibaba's payment affiliate Ant Financial. Ant Financial received an ownership stake of over 10% of the company as part of the round, which valued Zomato at around $2 billion. Zomato had also raised an additional $150 million from Ant Financial earlier in 2018
  • 8.
  • 9.
    SECURITY BREACHES OFZOMATO :- On 4 June 2015, an Indian security researcher hacked the Zomato website and gained access to information about 62.5 million users. On 18 May 2017, a security blog called Hackread claimed over 17 million accounts had been breached. ("The database includes emails and password hashes of Zomato users, while the price was set for the whole package is $1,001.45. The vendor also shared a trove of sample data to prove it is legit“) Avilable on Dark Web
  • 10.
    CONTROVERSIES OF ZOMATO InJuly 2019, Zomato received a Hindu customer's complaint that he was assigned a non-Hindu delivery boy for his food order in Jabalpur and had asked Zomato to provide a Hindu delivery boy. incident was twitted then zomato responded "Food doesn‘t have a religion." including support from rival Uber Eats, politicians P .Chidambaram and Omar Abdullah, Celebrity Richa Chadha.
  • 11.
    LOGOUT CAMPAIGN On 17August 2019, more than 1,200 restaurants logged off from Zomato because of their offer of discount programmes at dine-in restaurants. In Pune alone, more than 450 restaurants stopped serving to Zomato Gold beause of aggressive discounts and loss of business. However, Zomato founder Goyal admitted mistake, and ready to rectify it He also urged restaurants to stop #Logout campaign.
  • 12.
    Where they standnow a days in terms of finance
  • 13.
  • 14.
  • 15.