Zomato has completed the acquisition of 1,53,914 compulsorily convertible preference shares and 9,824 equity shares collectively aggregating to 7.89% of the share capital in Bigfoot Retail Solution (Shiprocket), for an aggregate cash consideration of Rs 557.17 crore.
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.
