Zomato

Search app that offers detailed information for restaurants as well as online food delivery.

Launch date

Jun 2008

Employees

10001+ people

Market cap

Enterprise valuation

CAD43.5b (Public information from Sep 2024)

Gurugram Haryana (HQ)

https://www.zomato.com

https://twitter.com/zomato https://www.facebook.com/zomato https://www.linkedin.com/company/zomato https://apps.apple.com/app/id1095782359 https://play.google.com/store/apps/details?id=com.application.services.partner

Revenues, earnings & profits over time

INR	2021	2022	2023	2024	2025	2026	2027
Revenues	19.9b	41.9b	70.8b	121.1b	189.6b	261.5b	339.9b
% growth	(23 %)	110 %	69 %	71 %	57 %	38 %	30 %
EBITDA	(4.0b)	(11.2b)	(5.3b)	8.9b	10.8b	25.5b	45.6b
% EBITDA margin	(20 %)	(27 %)	(7 %)	7 %	6 %	10 %	13 %
Profit	(8.1b)	(12.1b)	(9.7b)	3.5b	11.7b	25.4b	38.6b
% profit margin	(41 %)	(29 %)	(14 %)	3 %	6 %	10 %	11 %
EV / revenue	-	14.2x	4.7x	12.8x	10.8x	7.7x	5.8x
EV / EBITDA	-	-53.1x	-62.5x	174.5x	190.0x	78.4x	43.2x

Date	Investors	Amount	Round
-	SWC Global Peak XV Partners	N/A	-
Feb 2013	Info Edge	$10.0m	Series C
Nov 2013	Sequoia Capital Info Edge	$37.0m	Series D
Nov 2014	Sequoia Capital Info Edge Vy Capital	$60.0m	Series E
Apr 2015	Sequoia Capital Info Edge Vy Capital	$50.0m	Series F
Sep 2015	Temasek Vy Capital	$60.0m Valuation: $1.1b	Series G
Apr 2017	Sequoia Capital	$20.0m	Series H
Sep 2017*	Runnr	$40.0m	Late VC
Feb 2018*	Ant Group	$150m Valuation: $1.0b 2216.2x EV/LTM Revenues	Late VC
Feb 2018	Ant Group	$50.0m	Secondary
Oct 2018*	Ant Group	$210m	Late VC
Feb 2019*	Glade Brook Capital Partners	$40.0m Valuation: $1.0b 1579.0x EV/LTM Revenues	Growth Equity VC
Mar 2019	Delivery Hero ShunWei Capital Partners Saturn Shine Steam Detailing	$62.3m Valuation: $1.8b 2842.1x EV/LTM Revenues	Late VC
Jan 2020	Ant Group	$150m	Late VC
Apr 2020*	Baillie Gifford	$5.0m Valuation: $3.3b	Late VC
Sep 2020	Temasek	$62.4m Valuation: $3.4b	Late VC
Oct 2020	Kora Management	$52.0m Valuation: $3.4b	Late VC
Dec 2020	Tiger Global Baillie Gifford Steadview Capital Luxor Capital Mirae Asset Capital Kora Management D1 Capital Partners	$660m Valuation: $3.9b	Late VC
Feb 2021	Tiger Global Fidelity Investments Dragoneer Investment Group Kora Management Bow Wave Capital Management	$250m Valuation: $5.4b 15.3x EV/LTM Revenues -18.0x EV/LTM EBITDA	Late VC
Jul 2021	Tiger Global Goldman Sachs BlackRock Fidelity Investments Baillie Gifford Steadview Capital CPP Investments Neuberger Berman Group PineBridge Investments JP Morgan ICICI Prudential Life Insurance Aberdeen Standard Investments Abu Dhabi Investment Authority Birla Sun Life Insurance Axis Mutual Fund SBI Mutual Fund T. Rowe Price Nippon India Mutual Fund SBI Life Insurance Company	$562m Valuation: $8.6b 24.3x EV/LTM Revenues -28.6x EV/LTM EBITDA	Growth Equity VC
Jul 2021	N/A	N/A Valuation: $12.0b 33.9x EV/LTM Revenues -39.9x EV/LTM EBITDA	IPO
Aug 2022*	Fidelity Investments Franklin Templeton Investments ICICI Prudential Life Insurance	INR30.9b	POST IPO SECONDARY
Aug 2023*	Morgan Stanley Societe Generale BNP Paribas Kotak Mutual Fund	$136m	Secondary
Nov 2023*	N/A	$400m	Secondary
Mar 2024*	N/A	$342m	POST IPO SECONDARY
Jul 2024*	Societe Generale Polar Capital Axis Mutual Fund Matthews Asia Optimus Capital	$77.3m	Secondary
Total Funding		CAD3.4b