From food discovery to a profitable ecosystem: The Zomato revenue modelEveryone in India knows Zomato. But its path to a massive ₹351 crore profit in FY24 wasn’t just about dropping off your biryani. It’s a story of strategic pivots, scaling operations, and diversifying its business.Let’s break down how Zomato makes money and see how it pieced together such a strong, connected business. It’s not just one company; it’s an engine running on four main parts: food delivery, super-fast groceries with Blinkit, kitchen supplies for restaurants with Hyperpure, and its “going-out” arm for dining experiences. This whole setup now serves over 6.3 crore unique customers in more than 800 cities across the country.Zomato’s shift from burning cash to making a profit is the kind of startup story we at StartupTalky have been covering for over 10 years. It’s these journeys that push the next generation of founders to dream bigger and build businesses that can weather any storm.What is Zomato? A timeline of key milestonesIt all kicked off in 2008 when Deepinder Goyal and Pankaj Chaddah started “Foodiebay.” The idea was simple: put restaurant menus online so people didn’t have to guess.What started as a listing site grew quickly. By 2010,… Read MoreStartupTalky- Business News, Insights and Stories
