Online restaurant guide Zomato has reported revenues of Rs 11.38 crore ($2 million) at an EBITDA loss of Rs 10.03 crore ($1.8 million) for financial year ended March 31, 2013 (FY13). Operating revenues of the company were 0.33 Crore in FY 10-11 and 2.4 Crore in FY 11-12 . The revenues of this year has hence catapulted to five times compared to last year. The prime reason for which is its global...

Zomato is expanding rapidly! We have now got news that the service is live in Johannesburg. The expansion to South Africa and the African continent in general may prove to be a good thing for the service as the mobile Internet growth in that continent is pretty good and could be leveraged by Indian startups to get in more users and revenues. Zomato has paid a lot of attention to its mobile service...

Continuing its global rollout, online restaurant guide Zomato has entered SouthEast Asia by launching in Manila. Zomato’s new ‘Metro Manila’ section initially features 9,000 restaurants spread across the cities of Quezon, Manila, Makati, Mandaluyong, Paranaque, Pasay, Pasig, Pateros, San Juan, and Taguig.  Users in Manila can access Zomato via its dedicated website or mobile apps for...

Zomato has made its first excursion into Europe by launching a London section on their popular website. The new section is invite only and is not accessible to the general public yet. Zomato has announced that the section will be accessible to everyone on 26th January, 2013. Zomato recently expanded its operations to the Middle East and Sri Lanka. The addition of London is huge new step for the company...

Zomato has introduced a major app update for its Android and iOS apps which brings them more in sync with features in their service. The new update bring about a new design and UI aesthetic which is seeks to give the user maximum information about food and restaurant discovery. The apps are now completely full featured and can deliver a complete Zomato experience for its users. Let’s get into the...