India: IPO-bound Zomato’s losses ballooned four-fold in FY20 as expenses rose

India: IPO-bound Zomato’s losses ballooned four-fold in FY20 as expenses rose

Photo: Zomato

Gurugram-based foodtech unicorn Zomato has seen its overall expenses rise by almost 50% year-on-year to 4,628 crore in 2019-20 (FY’20), according to documents sourced from business information platform Tofler.

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