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Zomato to secure around $600 Mn by Next Month

Zomato is now looking to secure around USD 600 million by the end of next month in the new funding round, said the report.

The company is now working to achieve its mission, ‘Better Food For Everyone’, he added.

“We are going to raise USD 500-600 million by next month or so,” Goyal said adding that good companies can raise money in hard times or good times. He was speaking at the Hindustan Times Leadership Summit here.

On the Zomato journey, Goyal revealed, “We started very small. We started 11 years ago, and we are now present in 550 cities in India, and we serve around 48 million people every month.”

“We have 2,50,000 people that we hired in last 18 months,” Goyal said. As you scale, the big challenge is to ensure consistency and maintain quality. “We just have to ensure that we put the best foot forward all the time,” he added.

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