Zomato to launch own digital wallet, aims to boost predictability of orders

Talks on Zomato building its own digital wallet began early this year when Alibaba's Ant Financial invested in the food tech company

Online food ordering and restaurant discovery platform Zomato is working on building its very own digital payments and mobile wallet solution as the company attempts to hook users into its ecosystem, following in the footsteps of its larger internet peers such as Ola, Flipkart and Amazon.

Discussions around Zomato building its own digital wallet began early this year when Ant Financial, a subsidiary of Chinese e-commerce giant Alibaba, invested in the food tech company, two sources in the know of the strategy told Business Standard.

Zomato is likely to roll out its digital payments solution in the next two months.