Zomato has received approval for divestment by way of sale of 33,860 equity shares aggregating to 100% of the share capital of Jogo Technologies (Fitso), an existing subsidiary and investee company of the Company for an aggregate cash consideration of $ 50 million to Curefit Healthcare.
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.
