Zomato refutes HSBC report; says investors back company's valuation
Hitting back at HSBC analysts for marking down its valuation by half at USD 500 million, online restaurant guide and food ordering firm Zomato on Monday said the investors have backed the current valuation.
May 09, 2016, 15:59 PM ISTZomato forays into US market with $60-mn Urbanspoon buy
Online restaurant guide Zomato has forayed into the US market by acquiring restaurant information and recommendation service provider Urbanspoon for estimated USD 60 million in an all-cash deal.
Jan 13, 2015, 17:17 PM ISTZomato in talks to raise $100 mln after US acquisition
Restaurant search services provider Zomato acquired US-based rival Urbanspoon for about $50 million in one of the biggest overseas deals by an Indian startup and a company executive said it was in talks to raise about $100 million in fresh funding.
Jan 13, 2015, 13:46 PM ISTZomato acquires US-based food portal Urbanspoon for $60 mn
In one of the biggest overseas deal by an Indian start-up, leading restaurant serve app Zomato has acquired US-based food portal Urbanspoon in an all cash deal of about USD 60 million.
Jan 13, 2015, 12:23 PM IST