Zomato expects food delivery business to grow 30% annually over 5 years: Rakesh Ranjan

Zomato, India's food delivery giant, expects its core meal delivery business to grow at an annual rate of 30% over the next five years. The fast growth of delivery apps catering to everything from groceries to food has been turbocharged by soaring demand from affluent and middle-class consumers in India’s bustling metropolitan areas.