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Posts Tagged ‘ Deepinder Goyal ’

Zomato buys logistics-tech firm Sparse Labs to help restaurants track orders

Monday, September 26, 2016 | More »

Online restaurant discovery and ordering platform Zomato Media Pvt. Ltd said on Monday it has acquired Gurgaon-based logistics technology startup Sparse Labs Pvt. Ltd. This is Zomato’s first acquisition in nearly a year and a half and the 10th overall, according to VCCEdge, the data research platf...


Zomato losses soar in FY16, drag parent Info Edge into the red

Restaurant listings and discovery company Zomato Media Pvt Ltd plunged deeper into the red in the financial year through March 2016 and even pushed parent Info Edge (India) Ltd into losses. Pre-tax loss at Zomato widened almost four-fold to Rs 492.27 crore in 2015-16 from Rs 136 crore the year befor...

25 May, 2016 | More »


Zomato’s learning from 2015: Don’t scale too fast, always focus on revenue

Zomato’s quick expansion last year meant that the food tech venture had more rivals to worry about, resulting in a diminished focus on operational revenue. “We scaled massively in 2015…We were rapidly launching operations in new geographies and setting up new businesses. Suddenly, having that ...

26 January, 2016 | More »


On track to double revenue, Zomato’s Goyal tells analysts

Online restaurant listing and services company Zomato is on course to double revenue this financial year in line with investors’ expectations, co-founder and CEO Deepinder Goyal told analysts on Monday, just a week after warning employees the firm might fail to meet the sales target for 2015-1...

9 November, 2015 | More »


Zomato CEO warns may not meet revenue goal, pulls up sales team

Zomato, the restaurant listing and services company which is valued around $1 billion, might fail to meet its sales target for the current financial year, according to an email co-founder and CEO Deepinder Goyal sent to the staff on Friday. In a long mail that Goyal first sent to the company’s sal...

31 October, 2015 | More »


Zomato cuts 300 jobs worldwide

Restaurant listing and services company Zomato is laying off around 300 employees worldwide, or nearly 10 per cent of its workforce, joining a growing list of Indian startups that are shedding jobs as they try to control costs and sustain investor interest. Zomato, the prominent consumer internet un...

17 October, 2015 | More »


It’s ‘stupid’ to go app only, says Zomato’s Goyal

Zomato co-founder Deepinder Goyal has joined Snapdeal CEO Kunal Bahl in denouncing the ‘app-only’ strategy adopted by several consumer internet firms. “I think it is stupid (to go app-only). If you have customers on the web why wouldn’t you follow them?” Goyal, who is also CEO ...

18 September, 2015 | More »


Rahul Yadav on Housing.com plans, Sequoia as VC and his dig at Zomato, Ola

Housing.com CEO Rahul Yadav had a characteristically candid session at the Reddit AMA (ask-me-anything) on Tuesday evening. Yadav, who has hogged headlines over the past three months over public spat with investors, resignation as CEO followed by a quick withdrawal, allegations against a media hou...

20 May, 2015 | More »


Restaurant listing and reviews venture Zomato in talks to raise $100M

Gurgaon-based Zomato Media Pvt Ltd, the company behind the popular restaurant listing and review site Zomato.com, is in talks to raise $100 million (Rs 625 crore) in a fresh funding, says a Reuters report quoting its co-founder and CEO Deepinder Goyal. This comes close on the heels of Zomato seal...

14 January, 2015 | More »


Zomato buys Urbanspoon for $52M to enter US

Restaurant listing and review site Zomato.com, owned and operated by Gurgaon-based Zomato Media Pvt Ltd, has struck its sixth overseas acquisition in as many months and its biggest yet by acquiring Urbanspoon, a restaurant information and table booking property, the company’s co-founder and c...

13 January, 2015 | More »

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