Zomato company deep research and case study for mba courses

insanushimanshu 68 views 18 slides Aug 25, 2024
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About This Presentation

This is a presentation on zomato company


Slide Content

Zomato Never have a bad meal

Name of the company with logo Zomato is a globally recognized food delivery and restaurant discovery platform,headquartered in Gurugram, India. The company has made significant strides in the onlinefood service industry, becoming synonymous with food delivery in many parts of the world.Its recognizable red and white logo reflects its dynamic and consumer-centric brand identity(Zomato Limited, 2023).

History of the company/ About the company (Establishment, Promotors of the company) Zomato was founded in 2008 by Deepinder Goyal and Pankaj Chaddah. The idea for the company originated when the founders, both IIT Delhi alumni, noticed the inconvenience of accessing restaurant menus online. Initially launched as "Foodiebay," the companyrebranded to Zomato in 2010 to avoid confusion with eBay and to have a more global appeal(Goyal, 2021). Promoters: Deepinder Goyal has been the driving force behind Zomato since its inception. His vision and leadership have been pivotal in Zomato's rapid expansion, from a simple menu aggregator to a global food delivery giant. Under his leadership, the company has navigated significant challenges and opportunities, including international expansion and acquisition of key competitors (Pandey, 2022).Growth: Over the years, Zomato has evolved from a restaurant discovery platform to a comprehensive service that includes food delivery, table reservations, and even a subscription-based dining service called Zomato Gold. (Goyal, 2021; Business Today, 2020).

Vision, Mission of the company Zomato’s vision is centered around transforming the way people eat by making it easier to find and enjoy great food. The company aims to better the food delivery experience by connecting people with the best food options around them, thereby ensuring that eating well is not just an occasional indulgence but a daily habit (Zomato Limited, 2023).Mission:Zomato’s mission is to ensure that nobody has a bad meal. This mission is reflected in its efforts to partner with only the best restaurants and maintain high standards in its delivery operations. By focusing on customer satisfaction and quality, Zomato strives to be the preferred choice for food lovers everywhere (Zomato Limited, 2023).

Name of the chairman, CEO, MD, Board of Directors While Zomato does not operate with a traditional chairman role, it is led by a dynamic CEO who drives the company’s vision and strategy.CEO: Deepinder Goyal is the CEO of Zomato and is widely regarded as one of the leading entrepreneurs in India’s startup ecosystem. His Leadership style is characterized by a focus on innovation, customer experience, and scaling operations globally (Goyal, 2021).Board of Directors: Zomato’s Board of Directors includes amix of industry veterans and independent directors who provide strategic guidance. Theboard’s composition reflects the company’s commitment to governance and diverse expertise, which has been crucial in navigating the complexities of the global food delivery market (Pandey, 2022).

Organization Structure Zomato follows a hierarchical organizational structure, with a clear chain of command fromthe CEO down to various department heads. This structure includes divisions such as Operations, Marketing, Technology, and Customer Support, each led by experienced professionals. The organizational setup allows for efficient decision-making and rapid implementation of new initiatives (Pandey, 2022).

SWOT Analysis Zomato’s primary strengths lie in its strong brand recognition, extensive restaurant network, and vast user base. The platform is known for its user-friendly interface, reliable delivery service, and a comprehensive restaurant database. Zomato’s ability to leverage data analytics for personalized recommendations also gives it a competitive edge (Sinha,2020).Weaknesses: Despite its successes, Zomato faces challenges, including high competition, dependency on key markets like India, and profitability issues. The food delivery industry is notoriously difficult to sustain profitably due to high operational costs and intense competition, which has affected Zomato’s bottom line (Economic Times, 2023).Opportunities: Zomato has several opportunities for growth, including further international expansion, diversification into new areas like grocery delivery, and enhancing its technology platform. The shift towards digital food ordering presents a vast market opportunity, especially in emerging economies (Pandey, 2022).Threats: Zomato operates in a highly competitive environment with threats from other food delivery services like Swiggy (Sinha, 2020).

Locations (Geographical Presence) Zomato’s headquarters is located in Gurugram, India, which serves as the central hub for its global operations. The strategic location in India’s NCR region provides access to a large talent pool and proximity to key markets (Zomato Limited, 2023).Regional Offices: Zomato operates in over 24 countries across continents, including major markets in India, UAE, Australia, New Zealand, the United States, and more. The company has regional offices in key cities within these countries to manage local operations, partnerships, and customer service (Zomato Limited, 2023).