Business Standard

Full Text: How Zomato earned revenues four times its cash burn in FY17

Blog post by Zomato's Chief of Staff Surobhi Das

Zomato raises $60 mn in fresh round of funding
Premium

Surobhi Das
“Energy and persistence conquer all things.” - Benjamin Franklin

Disclaimer : all numbers in this “short form” annual report are unaudited. Exact numbers might change in small deltas while we go through the audit.

If I have to define the last year for Zomato in just two words, these will be perseverance and focus. All of us at Zomato simply put our heads down to execute.

FY16 (ending March 2016), a year ago, wasn’t ideal for us despite having achieved 2x revenue growth over FY15. That’s because our cash burn was very high at an

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in