Lead Story

Is Zomato running low on cash?

The food aggregator does know that restaurants are logging out as their bottomline is getting whacked out of shape by Zomato Gold. Then, why won’t it budge? Maybe, it is equally cornered

Faisal Magray

In 1942, a slogan was made famous by the Soviet leader Joseph Stalin: “Not a step back”. Ni shagu nazad! It did not come from bravery as much as desperation. His Red Army was fighting the Germans in the bloody Battle of Stalingrad in WWII. When the stakes are high, you have to erase that line of retreat. Perhaps that’s what is driving Zomato too.