From being the first large Indian consumer internet startup to go public in 2021 to catapulting into the prestigious BSE Sensex cohort in December last year, Zomato’s rise as a public company has been rapid as it has expanded into businesses beyond food delivery over the past few years.
Adding quick commerce through its Blinkit acquisition and later buying out Paytm Insider to bulk up its going-out business, Zomato’s success has emanated from combining profitability with the growth potential of its quick commerce unit and other new businesses…