A glint of hope for India’s food delivery market as Zomato projects monthly cash burn of less than $1M — TechCrunch


Food delivery startups in India have been struggling to make financial sense for years. They have each lost as much as $50 million a month to win and sustain customers by offering discounts. And unlike some other markets, food delivery startups have been severely hit by the coronavirus pandemic. But Zomato, one of the two…

via A glint of hope for India’s food delivery market as Zomato projects monthly cash burn of less than $1M — TechCrunch

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