wordpress blog stats
Connect with us

Hi, what are you looking for?

Zomato Expands To 5 New Cities Across Brazil & New Zealand

Zomato logo

A month after raising $37 million Series D investment, online restaurant and events guide Zomato has strengthened its presence in Brazil and New Zealand. In Brazil, Zomato has launched in four new cities – Brasilia, Rio de JaneiroSalvador, and Porto Alegre while in New Zealand, it has launched in Hamilton.

The company had forayed into three new countries – Brazil (Sao Paulo), Turkey (Istanbul & Ankara) and Indonesia (Jakarta) last month and had strengthened its presence in the UK to five cities, by launching in Glasgow and Edinburgh. Zomato says it has launched in 12 cities internationally since the investment.

It already claims to have clocked 150,000 monthly visitors from Brazil in the past month and claims to offer restaurant information from over 13,000 restaurants in São Paulo, and 10,000 restaurants across Rio de Janeiro, Brasilia, Salvador and Porto Alegre. The company plans to launch in seven additional Brazilian cities by June 2014.

As for Hamilton, Zomato claims to have listed 360 restaurants at launch, with more being added on a daily basis. It also apparently plans to double its New Zealand team in the next 4-6 months. At the time of the investment, Zomato had mentioned plans of expanding to 22 countries across Europe, South-East Asia, Australia and the Americas over the next two years.

Globally, Zomato claims to offer listings from over 200,600 restaurants across 40 cities in 11 countries including India, New Zealand, Philippines, Qatar, Sri Lanka, South Africa, UAE, United Kingdom, Brazil, Turkey and Indonesia. The company currently has a website and offers mobile apps for iOS, Android, Windows Phone and BlackBerry platforms.

Gurgaon-based Zomato is backed by Sequoia Capital and Info Edge which owns a majority 50.1% stake in the company. It has raised a total Rs 313.6 crore across five rounds until now, which includes Info Edge’s investment of Rs 143 crore. It had raised Rs 55 crore in Feb 2013, Rs 12.86 crore in September 2012, Rs 13.5 crore in September 2011 and Rs 4.7 crore in 2010.


Does Zomato Have A Story To Tell About Success Of Startup Ventures In India? – Anand Lunia
– Chart: Zomato Ad Revenues vs Event Ticketing Revenues For FY13
– Zomato In FY13: Rs 11.38 Crore Operating Revenues, Rs 10 Crore Operating EBITDA Loss

You May Also Like


Zomato clocked in 60% and 35% higher gross merchandise value (GMV) on New Year’s Eve and Christmas in 2020 respectively, compared to the previous...


The Delhi High Court on Monday refused to stop Amazon from pushing regulators to stop the sale of the Future Group’s businesses to Reliance...


Pine Labs has raised around $100 million in fresh funds from Lone Pine Capital, a hedge fund based in the United States, at a...


Restaurant aggregator and food delivery company Zomato has raised US$660 million (over ₹4,850 crore), taking its valuation to ₹3.9 billion. CEO Deepinder Goyal tweeted...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ