Adtech startup AdOnMo has raised $25 Mn in a funding round led by Rigel Capital and Sinar Mas.  The funds will be used to expand its presence to 40 Indian cities and increase its displays to 1 Lakh...

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- Adtech startup AdOnMo has raised $25 Mn in a funding round led by Rigel Capital and Sinar Mas.
- The funds will be used to expand its presence to 40 Indian cities and increase its displays to 1 Lakh.
- Founded in 2017, AdOnMo provides targeted, real-time advertisements on cloud-connected digital screens.
- The startup's infrastructure offers features like dynamic creative optimisation and social media-driven ad triggers.
- AdOnMo's last funding round saw Zomato picking up a 19.8% stake, leveraging new digital avenues for customer acquisition. 

 Source: [Inc42](https://inc42.com/buzz/zomato-backed-adonmo-raises-25-mn-to-expand-presence-to-40-indian-cities/)

Zomato-Backed AdOnMo Raises $25 Mn To Expand Presence To 40 Indian Cities

Journalist

Zomato-Backed AdOnMo Raises $25 Mn To Expand Presence To 40 Indian Cities- Grapevine

Welcome to Indian Startups's Private Community

- Ant Group, an affiliate of Alibaba, has achieved a fourfold return on its investment in Zomato after selling shares worth over Rs 4,772 crore
- The Chinese ecommerce giant initially invested Rs 3,246 crore in Zomato between 2018 and 2020 and has now pocketed Rs 12,521 crore from its stake sales.
- Zomato's stock has been rising, driven by the growing value of its quick-commerce unit Blinkit, which UBS values at $15.4 billion, surpassing Zomato's main food delivery business.

 Source: [Economic Times](https://economictimes.indiatimes.com/tech/technology/ant-group-nets-4x-return-on-investment-in-zomato-after-latest-part-stake-sale/printarticle/112661054.cms)

Ant Group Nets 4X Return on Investment in Zomato After Latest Stake Sale

Zepto's massive fundraise

Business analyst

Zomato is eyeing a new dish: Paytm's ticketing business. The potential Rs 1,500 crore acquisition is a bold move by Zomato to diversify beyond its core food delivery domain.

The Strategy:
- Bolster "going-out" vertical (event bookings, dining) to offset slowing food delivery growth
- Leverage Paytm's established ticketing platforms to expand the segment
- Capitalize on strong revenue growth in Zomato's current going-out business

For Paytm, the sale is a strategic slice. Faced with regulatory hurdles, the company is refocusing on its payments and lending operations. The deal would allow Paytm to streamline its portfolio and double down on its core strengths.

The acquisition underscores the shifting strategies of India's tech titans as they navigate a fiercely competitive landscape. With growth slowing in traditional segments, companies like Zomato are hunting for new avenues to keep the revenue engine humming.

Another Blinkit story in the making? 🚀

Zomato's Ticket to Growth: Paytm's Booking Biz on the Menu 🎟️🍽️

What strategic advantages does Zomato aim to achieve by acquiring Paytm's ticketing business, and how does this move align with its broader vision of expanding beyond food delivery?
Are they going to make changes in existing platforms?

Zomato buying Paytm ticketing business

Tech lead

Let’s create a list of best startups in terms of tech and its product future possibilities.

India’s Best Startups In Terms Of Tech And Future Product Growth

Software Engineer

- Zomato's shares worth Rs 5,438.50 crore were sold in a block deal on August 20, with Antfin Singapore Holding likely being the seller.
- The transaction involved 21 crore shares, representing a 2.4 percent stake, sold at a floor price of Rs 258 apiece, a nearly 2 percent discount over the previous closing price.
- Following the deal, Zomato's shares fell over 1 percent, trading at Rs 259.20 on the NSE at 09.21 am.
- Antfin Singapore Holding, a subsidiary of Alibaba Group, owned a 4.3 percent stake in Zomato and the sale triggers a 90-day lock-in period before another equity dilution.
- The stake sale follows Zomato's quarterly earnings report, which showed a net profit surge of 126.5 times to Rs 253 crore, driven by increased platform fees and improved operational profitability in Blinkit. 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/markets/zomato-block-deal-antfin-singapore-likely-seller-12801450.html)

Zomato Sees Rs 5,438.50 Crore Block Deal as Antfin Singapore Likely Sells Stake

Zomato is on a roll!

Consultant

VC here. Doing this for fun.
Don't take all views seriously.

Comment a startup's name, I'll share if it's promising or whatever I know

Analyst

Welcome to Business Roles's Private Community

Biz dev role, full time engagement, equity. DTC exposure is must. 

Right now we are in product development & testing early pmf phase. 

Matching salary.

Product - A SAAS solution for non tech savvy DTC brands to reduce their ad spend upto 40% through influencer led sales. 

Problem - Indian D2C brands spend $7b every year on ad spend only to achieve < 2% retention and <2 ROAS. This is because there is no other way other than ad spend to acq. customers. 

Core team in place - 2 engineers, 1 COO, 1 CTO & 1 PM. Enough cash to survive till pre-seed and get to early pmf.

Raising pre-seed now to onboard 100 DTC brands. 

Founders: ex-Microsoft, Pixis, Swiggy, Zomato, Udaan, Rapido

Equity you get will yield following -

At the end of yr. 5:
Best case exit for you: ~7-9cr.
Avg case: 3-5cr.
Worst case: 60L-1cr. 

Along with equity from starting day. You will keep on getting more and more ESOP rewards linked to value creation (revenue, growth, unlocking  partnerships) or annual cash bonus (% of the value added).

Looking for a biz dev co-founder with DTC exposure

Founder

Zomato logs 2nd straight quarter of profit at Rs 36 crore in Q2, revenue up 71%

https://www.moneycontrol.com/news/business/startup/zomato-logs-2nd-straight-quarter-of-profit-at-rs-36-crore-revenue-grows-71-to-rs-2848-in-q2-11659321.html

Overall well positioned now.

Zomato Results

Finance Consultant

The Morning Vine 🍇

Zomato delivered another great set of results. Now they are adding 250Cr cash every quarter.
The company hit two benchmarks this quarter according to my calculations, 50,000 Cr worth of orders (4x Q3) and 100 Cr orders (4x Q3), and these are growing 25-30% year on year.
Why is this interesting? As some of you might know, they have started adding platform fees to the orders. Even one more rupee of platform fee will add 100 Cr to EBITDA. So, if they increase fees from 5 to 10, that's 500 Cr more EBITDA every year.
 
Now, If you look at this quarter's results vs last quarter's results, they have added ~3600 Cr of order value, and made 380 Cr of EBITDA (this does not include Events). Which means they are making 10% as EBITDA. In next 3 years, if Zomato doubles their order value to 1,00,000 Cr, and even make 8% EBITDA, this could mean 8000 Cr EBITDA (almost 1 billion dollars). What markets will give as multiple on this, is guess work. Could be 25-40x (Don't hold me on this). Hence the stock looks undervalued from a 3 year lens

Zomato - Interesting Juncture

- Zomato's market share in India's food delivery sector has risen to around 55 percent, according to various brokerage firms.
- Swiggy, which once dominated with a 52 percent market share in 2020, has seen its share fall to 45 percent.
- Zomato's management reported a significant increase in market share in Southern cities during an earnings call.
- The company attributes its success to early investments in non-metro cities, despite initial concerns about profitability.
- This shift comes as Swiggy prepares for its initial public offering, facing increased competition from Zomato. 

 Source: Moneycontrol

Zomato Gains Market Share in South, Challenging IPO-bound Swiggy

Top 20 companies make 80% of the entire country's profit.
The most profitable HDFC takes 9%. It doubles itself every 3.5yrs and has made 70x in last 20yrs.
Asian paint has made 10x in 10 yrs yet people won't know the CEO.
Need to talk about the right ones and not who is in the news.
The ones who are making profit are laser focused, not visible. They might be living in the same society but you won't know.

the real businesses

Product Manager

- Zomato announced the launch of 'District,' a new app consolidating dining, ticketing, and other lifestyle services, marking an ambitious expansion beyond its core food delivery services.
- CEO Deepinder Goyal revealed the app in a letter to shareholders, highlighting its potential to become a one-stop destination for dining out, movies, sports ticketing, live performances, shopping, and staycations.
- The 'going-out' business is already profitable with a run-rate of over $500 million annualized Gross Order Value (GOV), and Zomato aims to further expand this offering.
- The move positions Zomato in direct competition with apps like BookMyShow, which currently dominates the online movie-ticket booking market in India.
- Zomato's net profit surged to Rs 253 crore in the June quarter, with revenue rising 74 percent to Rs 4,206 crore, indicating strong growth despite broader e-commerce sector challenges. 

 Source: Zomato

Zomato to Launch New App 'District' for Expanding 'Going-Out' Business

PayTM looking to sell ticketing business to Zomato for 1500Cr

- Swiggy's revenue grew 36 percent from Rs 8,265 crore in FY23 to Rs 11,247 crore in FY24.
- Despite the growth, Swiggy still lagged behind Zomato, which had a revenue of Rs 12,114 crore and a profit of Rs 351 crore.
- Swiggy's losses were reduced by 44 percent, from Rs 4,179 crore to Rs 2,350 crore, due to better expense control.
- The company spent Rs 13,947 crore in FY24, 8 percent less than the previous year, mainly by cutting promotion and marketing costs.
- Swiggy's Instamart, however, lagged behind Zomato's Blinkit in quick commerce, with revenues of Rs 1,100 crore versus Blinkit's Rs 2,301 crore. 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/swiggy-narrows-gap-with-zomato-on-revenue-food-delivery-business-grew-36-to-rs-11247-crore-in-fy24-12814599.html)

Swiggy Narrows Gap with Zomato on Revenue, Food Delivery Business Grows 36% to Rs 11,247 Crore in FY24

- Moving Tech Innovations Ltd, the firm behind Namma Yatri, raised $11 million in a pre-Series A funding round led by Blume Ventures and Antler, with participation from Google.
- The funds will be invested in technology, R&D, and product innovation to empower drivers, integrate public transport, and enhance customer experience.
- Moving Tech aims to increase driver earnings and provide reliable, affordable, and sustainable mobility solutions through direct-to-driver and multimodal transportation models.
- Originally launched as the Yatri app, Namma Yatri debuted in Bengaluru, Mysuru, Tumkur, and Kochi, and has expanded to Chennai, where it also facilitates metro-ticket bookings.
- The company was spun off from Juspay in April 2020 and is led by Shan M S and Magizhan Selvan, who aim to create an impact similar to UPI in India and Linux worldwide. 

 Source: Moneycontrol

Namma Yatri Parent Raises $11 Million in Funding

- InMobi, backed by SoftBank, has raised $100 million in debt financing to enhance its AI capabilities and fund AI-focused acquisitions.
- The financing was led by MARS Growth Capital, a joint venture between MUFG and Liquidity Group.
- CEO Naveen Tewari emphasized AI's role in revolutionizing ad engagement and outcomes for consumers, advertisers, and publishers.
- InMobi operates two core businesses: InMobi Advertising and Glance, an AI-powered content discovery platform.
- Glance, with over 300 million users, aims to expand globally, supported by investments from Jio Platforms, Google, and Mithril Capital. 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/inmobi-secures-100-million-debt-to-fund-its-ai-efforts-acquisitions-12819183.html)

Zomato-Backed AdOnMo Raises $25 Mn To Expand Presence To 40 Indian Cities

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