Zomato has incorporated wholly owned subsidiary namely ‘Zomato Financial Services’ as Non- Banking Finance Company (NBFC) on February 25, 2022. Earlier, The company’s board had approved incorporation of a wholly owned subsidiary as NBFC. The NBFC will have a proposed authorised capital of Rs 10 crore and proposed paid-up capital of Rs 3 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
