During his first media interview after Zomato’s record-breaking IPO, founder and CEO Deepinder Goyal told us the company’s stellar public listing was "beyond anyone’s expectations" but that the company will continue to chase growth over profits.
The purpose-specific digital payment solution, developed by the National Payments Corporation of India (NPCI) in partnership with several government agencies, over its interoperable Unified Payments Interface (UPI) architecture will first be launched for Covid vaccine dispensation at private hospitals, the prime minister said.
This takes its total funding in the seed round to $8.1 million, making it one of the biggest such rounds for a Software as a Service (SaaS) startup in the region.
Apnaklub COO Manish Kumar says the funding from Sequoia Surge will enable the company to expand operations across more rural areas of India as well as increase its range of services and products for partners.
Under the invite-only Zomato Pro Plus membership plan, select Zomato Pro members will get unlimited free food delivery, and no surge free and distance fee.