Zomato invests in Adonmo and UrbanPiper

Foodtech major Zomato has announced that it is investing in digital advertising company Adonmo and in food ordering system UrbanPiper. The deals have been approved by the company’s board of directors. The company’s board has also approved the incorporation of a non-banking finance company (NBFC), which will be a wholly-owned subsidiary of Zomato. While the name of the subsidiary is still to be decided, Zomato is in process of acquiring the NBFC license. Continue reading Zomato invests in Adonmo and UrbanPiper at Entrackr.

Zomato invests in Adonmo and UrbanPiper

Zomato invests in Adonmo and UrbanPiper

Foodtech major Zomato has announced that it is investing in digital advertising company Adonmo and in food ordering system UrbanPiper. The deals have been approved by the company’s board of directors.

The company’s board has also approved the incorporation of a non-banking finance company (NBFC), which will be a wholly-owned subsidiary of Zomato.

While the name of the subsidiary is still to be decided, Zomato is in process of acquiring the NBFC license.