Zomato to feed 100 million people every month

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10 July 2019 , Zomato has acquired Feeding India- a not-for-profit organization with an aim to serve at least 100m underprivileged people every month in a few years.

Feeding India is a not-for-profit organization. And Zomato has acquired it. What does that mean?

· Zomato will fund the entire salaries of the team and some core initiatives. For example, Zomato will fund the development of the ‘Feedi.ng’ app – this app will connect donors and volunteers at a scale never seen before.

· Revamping the Feeding India website, and in the spirit of transparency, the company will be publishing quarterly financials on the website.

· Zomato is aiming to get the first Feeding Global – Financial Transparency Report, out by October 2019.

In December of 2018, Feeding India distributed 78,300 monthly meals to the underprivileged. That figure has now skyrocketed to over 1.1 million meals a month.

Similarly, the number of cities Feeding India is active in has risen from 65 to 82. The number of Hunger Heroes (volunteers at Feeding India) has grown from 8,500 to 21,500.

Enclosed is the link to the announcement on Zomato’s blog for your reference ( www.zomato.com)