In this article, we are going to have a look at Zomato’s business model and find answers to questions like “How does Zomato earn money?” We will go through the following points: Who started Zomato? What are the expenses of Zomato? How does Zomato earn money? 1. Who started Zomato? Let’s start from the beginning, Zomato was started in 2008 when Deepinder Goyal and Pankaj Chaddah started a company named “Foodiebay” which used to work as a Food Aggregator i.e. they used to list the menus and reviews of restaurants on their website. Later “Foodiebay” was renamed “Zomato” and it started providing food delivery service. If you ever had a doubt about the meaning of the word “Zomato”, Let me tell you there is no meaning to the word “zomato”. It is just a rhyming word of “Tomato”. Until now in total 15 rounds of funding, Zomato has raised 759.6 Million dollars. In the financial year 2019, the revenue of Zomato was Rs. 1,397 crores which has been increased by 188%
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