India: Zomato revenue surge 80% to $49m in FY17

India: Zomato revenue surge 80% to $49m in FY17

Photo: Mint

Food technology start-up Zomato Media Pvt. Ltd has clocked $49 million in revenue in fiscal year 2016-17 on the back of a surge in advertisement and its food delivery business, even as the company significantly reduced expenses, the company said in a blog post on Wednesday.

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