Eternal Ltd. IPO

The technology platform connects customers, restaurant partners and delivery partners, serving their multiple needs. Customers use the platform to search and discover restaurants, read and write customer generated reviews and view and upload photos, order food delivery, book a table and make ... payments while dining-out at restaurants. On the other hand, we provide restaurant partners with industry-specific marketing tools which enable them to engage and acquire customers to grow their business while also providing a reliable and efficient last mile delivery service. We also operate a one-stop procurement solution, Hyperpure, which supplies high quality ingredients to restaurant partners. We also provide the delivery partners with transparent and flexible earning opportunities. According to RedSeer, we are one of the leading Food Services platforms in India in terms of value of food sold, as of March 31, 2021. During Fiscal 2021, 32.1 million average MAU visited the platform in India. As of March 31, 2021, we were present in 525 cities in India, with 389,932 Active Restaurant Listings. the mobile application is the most downloaded food and drinks application in India in each of the last three fiscal years since Fiscal 2019 to Fiscal 2021 on iOS App store and Google Play combined, as per App Annie’s estimates. While we had a footprint across 23 countries outside India as of March 31, 2021, we have taken a conscious strategic call to focus only on the Indian market going forward. Given the large market opportunity in India, we believe a focused Zomato will enhance the value for all the stakeholders. For a description of some of the key performance indicators, please see the table below. There was a significant adverse impact on the operations in Fiscal 2021 due to the COVID-19 pandemic. Accordingly, the financials and key performance indicators for Fiscal 2021 reflect the impact of the pandemic on the operation. Read more

Unless otherwise indicated, industry and market data used in this section has been derived from the RedSeer Report, which has been commissioned by us in connection with the Offer for an agreed fees. Neither we, nor the Managers, nor any other person connected with the Offer has independently ... verified any third-party statistical, financial and other industry information in the RedSeer Report. Unless otherwise indicated, all financial, operational, industry and other related information derived from the RedSeer Report and included herein with respect to any particular year, refers to such information for the relevant year. Read more