Zomato Limited: History, Stock Price/Stock Price NSE/BSE
Zomato is definitely one of the most well-established and popular online food delivery franchises in India. Read ahead to learn some amazing facts about it.
Zomato – Introduction
There will be hardly any people in India who are unaware of Zomato. It has fantastically evolved into one of the most important aspects of every person’s existence. Who doesn’t enjoy ordering their favorite food from the comfort of their own home? Zomato has made ordering meals easier and more delicious than ever before. It is a multinational Indian restaurant aggregator and online meal delivery service.
Zomato was started in 2008 by Pankaj Chaddah and Deepinder Goyal who came up with this innovative company idea. Since its introduction to the market, Zomato has grown rapidly, and it is currently accessible in 24 countries and over 10,000 cities.
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The idea behind the startup
Deepinder Goyal and Pankaj Chaddah were unexpectedly observed by their colleagues looking through menus from several eateries to buy dinner. This was the golden moment when the thought occurred to them. They considered translating these manual menus into digital format.
They began working on this concept, and by 2012, Zomato had expanded its wings around the globe and began to list the number of eateries in the market.
It also has a well-managed squad of food warriors that visit each restaurant to ensure that their data is protected. Users may simply check the menus, offer feedback, express their ideas, and create tales based on their eating experiences.
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Zomato Business Workflow
Keeping in mind Zomato’s incredible growth profile, many business enthusiasts are curious about the franchise’s process. The primary goal of Zomato is to put local restaurants and grocery businesses into the digital public domain. Users may place orders from their preferred restaurant based on previous customers’ ratings and feedback. Let’s go over the steps:
Step 1: First, users should explore the app and look for prospective restaurants and food products to order.
Step 2: When a restaurant owner receives an order request, he or she begins cooking a dish.
Step 3: Once the meal is ready for shipment, it is given to delivery services.
Step 4: The dinner is delivered to the customer’s desired location.
Step 5: Customers may make purchases and provide evaluations based on their experience using the payment methods provided. This ease of use encourages foodies to purchase meals online.
If you are currently in the food company and want to expand your reach, investing in Zomato as an app will provide you with a potential long-term return.
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Zomato-Conclusion
The way Zomato entered the market and reached the pinnacles of success should serve as inspiration to any other business that is new to the food delivery sector.
Zomato’s workflow and business strategy are ideal for companies looking to enter the industry at an early stage.
Online ordering, payment, and door-to-door delivery save consumers time and provide convenience at every stage.