Zomato, a New Delhi, India-based platform to search for and discover restaurants, raised $60m in venture capital.
Backers included new investor Temasek Holdings and existing investor Vy Capital.
The company intends to use the funds to invest in its new businesses, such as online ordering, table reservations, cashless payments, point-of-sale, and the newly launched Whitelabel platform.
Led by Deepinder Goyal, founder and CEO, Zomato is a restaurant search and discovery app, providing information for over 1.4 million restaurants across 22 countries. In addition to restaurant search and discovery, the company has expanded its offering to include in-app Cashless Payments, Online Ordering, Table Reservations, Whitelabel Platform and a Point-of-Sale system .
Over the next few months, they’ll be launching table reservations service Zomato Book, a point-of-sale system Zomato Base, and rolling out a white-label platform across geographies.
Zomato currently employs 2,000 people.
FinSMEs
07/09/2015