Food-tech company Zomato has launched its initial public offering (IPO) on July 14, raised INR 9,375 crore. It will be the first in a progression of consumer web organizations and new companies collecting public funds in India post-pandemic.
Given that the food-tech company saw strong growth in business during the pandemic, the inquiry is the manner by which its arrangements to support the development once things standardize. In any case, Zomato is available in a business that has a high passage obstruction for new players, and this could assist it with developing the market size increases. The unadulterated play food delivery segment is a virtual duopoly among Zomato and Swiggy.
Founded by Deepinder Goyal, Zomato is one of the most successful startup unicorns in India. Their IPO contribution was perhaps the most anticipated IPOs of this Financial Year. In this video, you will get a definite examination of Zomato offered our input on food tech and how Zomato is redesigning the future of food tech startups by Think School.
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