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Zomato revenue up at ₹2,604 crore in FY20 April 29, 2021 Food-tech aggregator intends to raise ₹8,250 crore through public listing Food-tech aggregator Zomato’s revenue from operations has grown from ₹466 crore in FY18 to ₹2,604 crore in FY20, signifying around 5.5x growth over the three-year period. Revenue from operations for the nine months ended December 31, 2020, stood at ₹1,301 crore. Zomato said that it has incurred a loss of ₹106.9 crore, ₹1,010 crore, ₹2,385.6 crore and ₹682 crore in fiscal years 2018, 2019, 2020 and the nine months ending December 31, 2020, respectively. The company has disclosed this in a draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI) to raise ₹8,250 crore through an initial public offering. This is the first major offering by an Indian consumer internet unicorn in several years and comes at a time when the food delivery business has seen exponential growth during the pandemic.

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