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Zomato breaks even in India, also in key markets abroad

The result comes as Zomato seeks $200 million in funding, a source close to the group said, in an increasingly tough environment for start-ups.

The company, which follows July to June fiscal, had posted a net profit of Rs 90.66 crore in the same quarter last fiscal, it said in a BSE filing.
Three months ago, the Bollywood superstar had made controversial comments on perceived intolerance in the country that evoked criticism from many quarters.
The board of the company will meet on February 9 to consider the proposal, Raymond informed BSE.
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The Railways Minister said the government is making right investments to make the manufacturing initiative a success story.

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