Dua Lipa Coming To India: Zomato CEO Announces Major Event Just A Day After Acquiring Paytm's Ticketing Business

Zomato CEO Deepinder Goyal has announced that pop icon Dua Lipa will be headlining this year's ZFIC in Mumbai. The pre-sale tickets will go live on Zomato app starting August 27.

Dua Lipa will headline Zomato Feeding India Concert in Mumbai on November 30.

Source : Instagram/dualipa

Just a day has passed since Zomato acquired Paytm's entertainment and ticketing business, and the CEO of the food delivery brand, Deepinder Goyal, has already announced its first major event. Goyal on Friday took to X (formerly Twitter) to announce this year's Zomato Feeding India Concert (ZFIC), which will be headlined by none other than the pop icon Dua Lipa. The concert will be held on November 30 in Mumbai, and the pre-sale tickets will go live on the Zomato app starting August 27. Notably, this is not a part of Zomato's rumoured new app, 'District.'

Zomato CEO, Deepinder Goyal, on X posted, "Zomato Feeding India Concert (ZFIC) is back! Headlining this year’s event is my favourite global pop icon, Dua Lipa, an inspiration to millions worldwide!"

He added, "ZFIC is our endeavour to strengthen India’s resolve to eradicate malnutrition and hunger in the country through community mobilisation. This is just the beginning of the movement and I couldn’t be more excited! See you all on November 30th in Mumbai, to experience the uniting power of music! Stay tuned! Pre-sale tickets go live on the Zomato app starting August 27th."

Zomato Feeding India Concert (ZFIC) is back! Headlining this year’s event is my favourite global pop icon, @DUALIPA, an inspiration to millions worldwide!

ZFIC is our endeavour to strengthen India’s resolve to eradicate malnutrition and hunger in the country through community… pic.twitter.com/BG3QwRqI59

— Deepinder Goyal (@deepigoyal) August 23, 2024

Zomato Acquires Paytm's Ticketing Business

Zomato, a major player in India's food delivery market, has announced its acquisition of Paytm's entertainment and ticketing division for Rs 2,048 crore. This strategic acquisition is designed to broaden Zomato's presence in the 'going-out' sector, marking a significant shift from its traditional focus on food delivery. The boards of both Zomato and Paytm approved the all-cash deal on August 21, as stated in a joint announcement by the companies.

While Paytm will maintain its ticketing and entertainment services for the next year, customers will be directed to transition to Zomato's new app, 'District.' Scheduled to launch in the coming weeks, this app will consolidate a range of lifestyle services, including dining, movies, live events, and more, into a single platform.

This acquisition reflects Zomato's strategy to broaden its service offerings in response to slower growth in the food delivery market. The company has previously expressed interest in quick commerce and now views movie ticketing and event services as opportunities to drive revenue growth.