We are thrilled to announce that Zomato has successfully raised 3,400,000,000 in its latest funding round, a milestone that reaffirms our commitment to our mission of ābetter food for more people.ā Since our inception in 2010, Zomato has grown from a novel food discovery platform to emerging as Indiaās most trusted brand, especially during challenging times like the pandemic. Our ever-expanding network boasts over 5,000 dedicated team members, 3.5 lakh delivery partners, and a vast collective of acclaimed restaurant partners, all of whom are integral to creating a hyperlocal network that not only delivers food but also fosters upward social and economic movement across communities.
This significant funding injection will be strategically invested to accelerate our innovative initiatives aimed at transforming the food delivery ecosystem. We plan to enhance our digital infrastructure to further streamline last-mile delivery, making our services more sustainable and environmentally friendly by targeting carbon neutrality and eliminating single-use plastics. Additionally, the funds will help scale our cherished āFeeding Indiaā initiative, ensuring that millions of nutritious meals continue to reach underprivileged households. This has already proven to be a game-changer during crises, with our extensive food distribution drives during COVID-19 and our timely rescue operations during the second wave that involved sourcing critical oxygen concentrators for government hospitals.
Every rupee raised is a step towards nourishing more lives, empowering communities, and driving meaningful change in our gig economy. We are proud to have built Zomato as a family that not only delivers high-quality, affordable, and hygienic meals but also gives back to society in profound ways. This funding marks the beginning of an exciting new chapter in our journey toward creating a more connected and compassionate India.
