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Company Directory - Zomato

Company Details - Zomato

Zomato Logo

Zomato

Website

Gurugram, India

Zomato is an Indian restaurant aggregator and food delivery service that provides users with the ability to browse restaurants, view menus, and place orders for food delivery. It also offers reviews, ratings, and various culinary content for food lovers.

CCI Score

CCI Score: Zomato

16.89

Latest Event

Zomato Submission Opposing Ex-Ante Regulation

Zomato, in its submission to the Committee on Digital Competition Law, warned that adopting a blanket ex-ante regulatory regime modeled on the EU's Digital Markets Act could stifle innovation and burden India's developing economy. The company argued for a more flexible regulatory framework that would protect startups and maintain market dynamism, thereby resisting overly prescriptive government controls.

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SABOTEUR

Zomato is currently rated as a Saboteur.

+10 to +24 CCI Score
Companies in this bracket take more subtle actions to undermine authoritarian practices. They might implement internal policies or support reforms that quietly weaken oppressive systems, contributing to change in less overt ways.

Latest Events

  • Zomato Submission Opposing Ex-Ante Regulation Logo
    MAR
    20
    2024

    Zomato, in its submission to the Committee on Digital Competition Law, warned that adopting a blanket ex-ante regulatory regime modeled on the EU's Digital Markets Act could stifle innovation and burden India's developing economy. The company argued for a more flexible regulatory framework that would protect startups and maintain market dynamism, thereby resisting overly prescriptive government controls.

  • +40

    Public and Political Behavior

    June 18

    Zomato's proactive submission against ex-ante digital market regulations reflects a stance that prioritizes preserving innovation and safeguarding the interests of smaller startups. This approach resists blanket, authoritarian regulatory measures that could harm economic dynamism and marginalized market players, aligning with progressive, anti-authoritarian values.

    Zomato, Swiggy say ex-ante regulations may hurt Indian startups

  • Zomato Denies Allegations Amidst Restaurant Owners' Petition Logo
    OCT
    01
    2023

    In response to a petition signed by restaurant owners calling for a government investigation into allegations that the company’s practices were harming the Prime Minister's broader initiatives, Zomato has issued a denial, asserting that its platform has driven two‐fold growth for its restaurant partners.

  • -20

    Public and Political Behavior

    June 18

    Zomato’s public denial—despite a petition raised by restaurant partners—reflects a dismissive stance towards grassroots concerns. This corporate response can be seen as prioritizing growth narratives over addressing potential issues raised by local business operators, a posture that may align with practices undermining equitable stakeholder engagement.

    Zomato, Swiggy Denies Allegations, Says Restaurant Partners Witnessed Two-Fold Growth via their Platforms

  • Zomato Releases ESG Factsheet FY23 Highlighting Strong DEI and Labor Practices Logo
    SEP
    06
    2023

    Zomato's ESG Factsheet FY23, externally assured by Ernst & Young, details the company’s comprehensive sustainability initiatives including robust diversity, equity and inclusion policies, strong grievance redressal mechanisms, and proactive labor rights measures. These initiatives underscore Zomato’s commitment to ethical business practices and responsible corporate governance, bolstering its record on worker rights and supporting marginalized groups.

  • +80

    Labor Relations and Human Rights Practices

    June 18

    Zomato’s ESG report highlights its commitment to diversity, equity, and inclusion, robust labor rights, and clear grievance redressal mechanisms. These strong measures indicate a positive stance on human rights and worker welfare, aligning with progressive and anti-authoritarian values.

    ESG FACTSHEET, FY23 - Zomato

  • Zomato Data Breach Compromises 17 Million User Records Logo
    MAY
    18
    2017

    In May 2017, Zomato reported a significant security breach where data from 17 million users, including email addresses and hashed passwords, was stolen from its database. The breach was attributed to a compromised employee development account, prompting immediate remedial measures such as mandatory password resets and enhanced security protocols.

  • -40

    Business Practices and Ethical Responsibility

    June 18

    The incident highlights serious shortcomings in Zomato's internal security protocols, risking users' private information which could potentially be exploited to undermine privacy and fuel authoritarian practices. While the company took corrective steps, the breach exposes negligence in safeguarding sensitive data, negatively impacting its business practices and ethical responsibility.

    Food delivery app Zomato hacked, data from 17 million user accounts stolen - Business Today

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