Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
Oct, 27 2014

Zomato enters Canada; plans to invest $10 million

The restaurant search engine has tied up with Open Table, ResDiary, and Bookatable.

Zomato, the India-based restaurant search engine launched in 2008 has recently started its operations in Toronto, Canada.

The restaurant search engine has earmarked $10 million for expansion in that market.

Focusing on deep market research in the UK, it is found that people are used to table-bookings. Hence, the restaurant search engine has tied up with Open Table, ResDiary, and Bookatable.

"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 Tourtiere, 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," said Jeremy Potvin, Country Manager, Zomato Canada.

This is company's 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).

"Toronto 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”, said Deepinder Goyal, Founder and CEO, Zomato.

The restaurant search engine has also acquired two of its peers in Czech Republic and Slovakia (Lunchtime and Obedovat) and has increased its presence to 15 countries.

Presently, the company operates in UK, UAE, South Africa, New Zealand, the Philippines, Portugal, Brazil, Chile, Turkey, Indonesia, Sri Lanka and Qatar, and over 25 cities across India. 

Comment
Related opportunities
  • Sports & Gaming
    About:BREAKOUT’ is the first player to introduce the concept of..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 30lac - 50lac
    Space required 1000 - 1200 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
  • Furniture/Home Decor & Furnishing
    About:Started as an online marketplace in 2012, pepperfry.com is an..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Become entrepreneur with brand that promises to offer great returns..
    Locations looking for expansion Haryana
    Establishment year 1982
    Franchising Launch Date 1990
    Investment size Rs. 20lac - 30lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • About:Client is into business in relation to pharmacy and wellness..
    Locations looking for expansion West Bengal
    Establishment year 2012
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Kolkata West Bengal
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities