Hotline: 1800 102 2007
X
Search Business Opportunities
Mar, 17 2015

Zomato eyes quicker global expansion, opens subsidiary companies in over a dozen countries

The six year old company currently operates in 20 countries including India, Dubai, UK, Brazil, Canada, Australia, Turkey, Poland and New Zealand.

Zomato, the restaurant discovery and food ordering website is opening subsidiary companies in over a dozen countries even before it launches operations in markets where it aims to gain a headstart.

The Gurgaon-based company has opened "on paper" companies in Mexico, Sweden, Germany, Finland and Norway complete with a bank account and other legal requirements, as it hastens global expansion to compete with Germany's Foodpanda which is present across 40 countries.

"A ready 'company' makes our entry into that market easier either by organic or inorganic means. Opening a bank account for a company is a difficult process in many countries and takes several months, we have decided to smoothen our entry into major world markets in the next four years,” said Deepinder Goyal, Cofounder and CEO, Zomato.

The six year old company currently operates in 20 countries including India, Dubai, UK, Brazil, Canada, Australia, Turkey, Poland and New Zealand.

However, with on paper companies, Zomato's presence has crossed to over 40 countries in the world.

Comment
image
Related opportunities
  • Juices / Smoothies / Dairy parlors
    About Us: We are likely to bring about a revolution in..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 35
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Quick Service Restaurants
    About Us: The One And Only "MOC The American Restaurant" A perfect..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Cosmetics & Beauty Product Stores
    About Us: Vega Industries Private Limited, Launched in 2000, formerly known..
    Locations looking for expansion New Delhi
    Establishment year 2001
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • About Us: Established in the year 2015, Fugazee is a youth..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
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