• Chethan Machaknur

Zomato delivery partners protest 'China Funding'

A group of Zomato food delivery platform employees in Kolkata tore and burnt their official T-shirts on Saturday to protest against the killing of 20 Indian soldiers by the Chinese Army in Ladakh last week. The protesters even claimed that they had quit the startup as it has investors from China.

Zomato is backed by Ant Financial, an affiliate of Chinese e-commerce giant Alibaba Group Holding. In 2018, Ant Financial had invested $210 million in Zomato for a 14.7% stake. Zomato recently raised an additional $150 million from Ant Financial.

In May, Zomato laid off 520 due to the novel coronavirus pandemic.There was no immediate reaction from Zomato and whether the protesters were among those who were retrenched was not known.

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