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History:
The story of Zomato started when the founders noticed that people did not even
knew the restaurants that were functional in their neighbourhood. The founders
thought that it would be a great idea to list all the restaurants on the web and
provide their menus as well. This idea eventually led to the launch of Foodie
Bay in 2008. The start-up initially catered to the Delhi-NCR region and after the
service gained popularity, the founders decided to implement the idea across the
country.
Funding:
Zomato competes with other restaurant discovery and food delivery platforms
such as Swiggy, Dineout, Grubhub, Yelp, DoorDash, JustDial, etc.
Zomato was founded by Deepinder Goyal and Pankaj Chaddah, both of whom
are from IIT, Delhi. Deepinder Goyal currently serves as the Chief Executive
Officer (CEO) at Zomato. Prior to launching Zomato, he used to work at Bain &
Company as a Senior Associate Consultant. Pankaj Chaddah is the co-founder
and prior to launching Zomato, he had worked at Bain & Company as a Senior
Analyst and Associate Consultant.