News > Zomato to form non-banking finance company to enter financial services biz
Zomato to form non-banking finance company to enter financial services biz
Orissa Post | 28/01/2022 08:56 PM | Click to read full article
Zomato Ltd, a restaurant aggregator and food delivery company, has decided to foray into the financial services business and has decided to create a non-banking finance company (NBFC) as a wholly-owned subsidiary for the purpose.
The proposed paid-up capital of NBFC will be Rs 3 crore, while the authorised capital is pegged at Rs 10 crore.
