Zomato's billionaire CEO Deepinder Goyal has announced the launch of Zomato For Enterprise (ZFE) to help companies solve food expense management.
The development comes days after the company shut down 'Zomato Legends’ as it couldn't find a product market fit for Zomato Legends.
Goyal shares announcement on X
Announcing the launch on X, Goyal wrote, "Excited to introduce Zomato for Enterprise (ZFE), a platform designed for companies to solve food expense management. A lot of Zomato orders placed by corporate employees are business-related and need to be reimbursed by the company. The reimbursement process is cumbersome and time-consuming."
Goyal mentioned that over 100 top companies are already using ZFE, and their feedback has helped shape this initiative.
"ZFE adds convenience to your employees, while we take care of the rest - with complete transparency," Goyal wrote.
Excited to introduce Zomato for Enterprise (ZFE), a platform designed for companies to solve food expense management.
— Deepinder Goyal (@deepigoyal) August 28, 2024
A lot of Zomato orders placed by corporate employees are business-related and need to be reimbursed by the company. The reimbursement process is cumbersome and… pic.twitter.com/6WU8gt9fVH
With ZFE, employees can bill their business orders directly to their employer without paying upfront. On the other hand, Companies can use ZFE to add employees, set budgets, define ordering rules, and much more.