Case Study: Zomato achieves break-even and rapid global expansion with iDeals

Zomato’s Success Story Is a First for India’s Troubled E-commerce Sector

Zomato, India’s leading restaurant discovery and delivery platform, faced intense pressure to cut costs, secure new funding and accelerate international expansion after a round of layoffs and stiff competition. To manage a critical fundraising push, investor due diligence and M&A activity tied to a planned $200M raise and global growth, Zomato engaged iDeals.

iDeals provided a secure, cloud-based virtual data room and deal management support to streamline investor communications and speed due diligence. That support helped Zomato maintain momentum—reaching a $1B valuation, breaking even in its home market, growing to 19 million registered users and expanding into 23 countries—while staying on track toward profitability.

Zomato

Deepinder Goyal

Chief Executive Officer