Indian restaurant search and discovery company Zomato has announced that it has acquired a restaurant search site Urbanspoon for 60 million dollars that has granted the company entrance into the United States and Australia.

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2. • Started in July 2008
• Founded by Deepinder Goyal & Pankaj Chaddah
• Initially named “FoodieBay” and renamed as “ZOMATO” in Nov,2010
• Parent Company:- Info edge
• Sector :- Food & Restaurant Guide
• Valuation :- $2 billion (Rs14,274 Cr*)
• Service:- Restaurant search and discovery platform
(*1$ = 71.37 Rs)
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3. @poland
@Slovakia
@Czech Republic
@Italian
6 Major Acquisition done (2014-15)
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4. • Started in October,2006
• Founded by Ethan lowry, Adam Doppelt and Patrick
O’Donnel
• First founded as a website at www.urbanspoon.com
• Sector :- Food & Restaurant Guide
• Valuation :- $ 60 Million (Rs360 Cr*)
• Service:- Innovative website that brings together on one
page restaurant reviews and comments from food
bloggers, newspaper columnists, professional critics and,
most important, fellow diners.
(*1$ = 60 Rs)****Made by Mihir Doshi**** 4

5. Motive behind Acquisition
 To Enter US, Canada, Australia
 To Expand Overseas By This Fiscal
 To Outsmart Competition
 To Build Largest Resource
 And many more points…
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6. Type of Merger and Acquisition
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7. Deal Structure
• Deal type :- All Cash deal
• Amount :- Undisclosed Amount
• Estimated :- $60 Mn (Rs 320 Cr)
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8. Regulatory Aspects
• Cross Border Mergers and Acquisitions (LAW)
They are basically those transaction wherein the target firm and the acquirer
firm are of different home countries.
This deal is such in which the assets and processes of the firms in different
countries are combined to form a new legitimate entity.
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9. Pre and Post Acquisition
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10. • The purchase demonstrates a large appetite by Zomato for a
significant slice of the vast American market for online food listings,
dominated by Yelp, a public listed company and the world’s largest.
• Its valuation has gone up ($660Mn)
Public Opinion
It’s a good business strategy at this
stage in lifecycle of Zomato to focus on
expansion with (investor) funding,”
said Sharad Sharma (angle Investor of
zomato)
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11. “We would have to keep two identities,
two systems, two databases.
It is better to work with one brand, and
keep a global identity. We will migrate
the product, and keep the Zomato
identity.”
- Said by Pankaj Chaddah (COO and Co-
Founder of Zomato)
After 5 Months
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12. Zomato Finance
2016 2017
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13. Market
Position
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