Zomato Making Waves on Asian Soil

Foodiebay.com now known as Zomato with operations in 18 cities in four countries is now moving in to South Asia. Zomato is an Indian online company, which operates as an avant-garde restaurant guide to cafes, bars and restaurants.

Colombo (I-Newswire) March 9, 2013 - Originally known as Foodiebay.com, Zomato, was founded in 2008, is an Indian based online company, which operates as an avant-garde restaurant guide to cafes, bars and restaurants hosting over 72,300 venues and menus on their site. Zomato started operations in India in major cities, of which Chennai and Hyderabad as among the top. In 2010, the website was ranked among the top 25 internet companies In India

Zomato now has operations in 18 cities and four countries. The site primarily consists of a restaurant guide, reviews and the blog, making Zomato a trusted choice for most. Once a user registers, Zomato makes it their business to cater to the individual needs of the user, such as food preferences and location. They believe in being the world’s most comprehensive resource for letting their customers know anything and everything they might want to know about the food before they eat it!

Making way to the island paradise, Zomato, no doubt understood the untapped online potential in the fast growing Sri Lankan online market. Sri Lanka has been the destination of choice for investors with continued steady flow of FDI into the country. However setting up shop in Sri Lanka can be challenging considering the number of alternatives available, various incentives available based on investment intentions and certain restrictions (see: http://cmathew.com/pages/investment-restrictions-in-sri-lanka) in place for foreign investors.

Zomato is advised by C. Mathew & Co. in handling all matters concerning the setup of the venture. To learn more about setting up a BOI entity with C. Mathew, click http://cmathew.com/pages/invest-in-sri-lanka.

About C. Mathew & Company
C. Mathew & Company, is a Colombo based Tier-1 law consultancy with over 100 years of trusted excellence and combined legal experience with offices in Sri Lanka and UK, specializing in Company / Investment law, Commercial Dispute law, Intellectual Property law and Shipping & Admiralty matters.