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Zomato plans aggressive investments in food delivery, cloud kitchens

India Food Forum - 2023 > FOOD SERVICE > Zomato plans aggressive investments in food delivery, cloud kitchens

Zomato plans aggressive investments in food delivery, cloud kitchens

November 7, 2016 | indiafood forum | FOOD SERVICE

Online restaurant discovery and food ordering player Zomato is chalking out plans for aggressive investments in food delivery and new businesses such as cloud kitchens, a year after the company started cutting costs and pulled back its aggressive global expansion. The move comes as the Gurgaon-based company is looking to raise a new funding round after significantly increasing its net revenue and cutting burn rate over the past 12 months…READ MORE