Zomato winds up US-based step-down subsidiary - Business2Business

By Gaurav Grover | Aug 20, 2021

Share

New Delhi: Zomato said on Thursday that its step down subsidiary, Zomato USA LLC, has been dissolved and wound up.

"Zomato USA LLC (ZUL), step down subsidiary of the company, has been dissolved and terminated," Zomato said in a regulatory filling.

It added that ZUL was not a material subsidiary of the company and had no business and its dissolution would not affect the volume / revenue of the company.

The company received a notification on August 18, 2021, regarding the dissolution and winding up of Zomato USA LLC effective from August 17, 2021, the filing said.

Comments

Recently Post

PM Modi Launches GST Bachat Utsav: Lower Taxes, More Savings for Every Indian Household

$100K H-1B Visa Fee Explained: Trump’s New Rule, Clarifications & Impact on Indian Tech Workers

India-US Trade Deal Soon? Chief US Negotiator Arrives in Delhi as Talks Set to Begin Tomorrow

Modi Meets Xi: Trump’s Tariffs, Strategic Autonomy, and the Future of Asia’s Power Balance

Google Claims Gemini AI Uses Just ‘Five Drops of Water’ Per Prompt, Sparks Debate

Fired by Elon Musk, Ex-Twitter CEO Parag Agrawal Launches ‘Deep Research API’ to Rival ChatGPT

Trump’s 50% Tariff on India: A Big Blow to ‘Make in India’ and Exports