Zomato IPO - Subscribe For Listing Gains: KRChoksey
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KRChoksey Research Report
Zomato is an Indian multinational restaurant aggregator and food delivery company founded by Pankaj Chaddah and Deepinder Goyal in 2008.
Zomato provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in select cities.
The company has operations in 23 countries including India, UAE, Australia, New Zealand, Philippines, Indonesia, Malaysia, USA, Lebanon, Turkey, Czech, Slovakia, and Poland.
Despite its global presence, the company generates 90% of its revenue from India.
In future, given the large market opportunity in India, the company plans to focus only on Indian market.
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