Zomato

Zomato

October 21, 2014 07:30 ET

Zomato Starts Operations in Canada; Will Invest US $10m Over the Next Year

TORONTO, ONTARIO--(Marketwired - Oct. 21, 2014) - Zomato, the popular restaurant search and discovery service, has made its first push into North America with the launch of its Toronto section. Zomato covers over 11,000 restaurants in the Greater Toronto Area and is available on web and mobile (iOS, Android, Windows Phone, and Blackberry).

Zomato provides detailed information for over 11,000 restaurants, making it the most exhaustive social restaurant discovery service in the Greater Toronto Area for anyone looking to dine out, get food delivered, or order takeaway. One can browse through restaurant information, read and write restaurant reviews, share pictures, and build a personal network of people whose opinions they trust. It also offers an exciting prospect for business owners to reach out to and engage with a highly targeted audience. Zomato's award-winning mobile app allows users to discover restaurants around them based on their physical location, in addition to providing information for all restaurants in the city.

Deepinder Goyal, Founder and CEO of Zomato said, "We're proud to include Toronto in our growing list of world-class cities. It boasts of a vibrant restaurant industry, and Canada is a hugely promising market for us. We've earmarked US $10 million for our expansion in Canada, and are committed to making Zomato the go-to restaurant discovery service in the country. Canada is truly a great starting point for us before we think of getting into the United States."

Jeremy Potvin, Country Manager, Zomato Canada, said, " We're excited to bring Zomato to Canada and help the folks here find great places to eat anything they're craving. Whether it's Tourtière, Arctic Char, Smoked meat, Cheval or Bloody Caesar, Canadians are bona fide food lovers. We already have a sizeable local team and are in the process of growing it further. We aim to have a 50-member team within the next twelve months. Over the next few months, we plan to expand to other cities across Canada, including Vancouver, Montreal, Ottawa, and Calgary."

Users can access all restaurant information on Zomato's website available at www.zomato.com or download Zomato's free mobile app. Business owners can explore the full potential of how Zomato can help them grow their business at www.zomato.com/business.

Zomato plans to further expand its reach across Australia, Europe, South-East Asia, the Middle East and the Americas, in the coming months.

Some facts about Zomato

  • Zomato employs over 800 people across 17 countries.
  • Zomato announced, last year, a USD 37 million round of funding from Sequoia Capital and existing investors Info Edge. This has taken Zomato's total funding to over USD 53 million.
  • Available across web and mobile, Zomato sees over 30 million visits across its web and mobile platforms every month. Traffic has grown by over 300% in the past year. More than half of Zomato's traffic is seen on its mobile apps - testimony to the fact that local search is moving to mobile very fast.
  • Zomato has acquired 4 companies globally in the recent past. These acquisitions include MenuMania is New Zealand, Lunchtime in Czech Republic, Obedovat in Slovakia, and Gastronauci in Poland.

About Zomato

Zomato is an online and mobile restaurant search and discovery service, providing in-depth information for over 270,000 restaurants across 17 countries. Zomato's core content features include scanned menus, photos, and geocoded coordinates for restaurants; users can rate and review restaurants, as well as create their own network of foodies for personalised recommendations.

Zomato currently serves over 30 million monthly visitors globally, who use the website and mobile apps to search for places to go out for a meal, get home delivery, catch up at a cafe, or enjoy the local nightlife. A highly targeted platform makes it convenient for restaurateurs to interact effectively with customers searching for dining options.

Zomato was founded in 2008. The company is present in over 100 cities across Canada, the UK, New Zealand, Poland, Czech Republic, Slovakia, UAE, South Africa, Philippines, Portugal, Brazil, Chile, Turkey, Indonesia, Sri Lanka, and Qatar, and India.

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