Eternal Ltd.

Zomato has completed the acquisition of 16.1% share capital of Samast Technologies on November 23, 2021. The company has acquired 55,514 compulsorily convertible preference shares, for an aggregate cash consideration of Rs 371.35 crore. The company had received approval from board of director for acquisition on November 10, 2021.

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.