Zomato Ltd.

BSE: 543320 | NSE: ZOMATO
Large Cap | e-Commerce
243.00
-2.20 (-0.90%)
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Zomato incorporates wholly-owned subsidiary

Date: 05-08-2021

Zomato has incorporated a wholly-owned subsidiary in the name of ‘Zomato Payments’. The incorporation has been done to carry the business of providing payment aggregator services and payment gateway services under the Reserve Bank of India (RBI) rules and regulations.

Zomato is an Indian multinational restaurant aggregator and food delivery company founded by Pankaj Chaddah and Deepinder Goyal in 2008. It provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in select cities.