Zomato Acquires Logistics Startup Sparse Labs to Improve Delivery Experience

Online restaurant and food delivery company Zomato has acquired Gurgaon-based Sparse Labs, which has developed a solution for restaurants to track deliveries and minimise delays.

The financial details of the acquisition was not disclosed by the company, however, as part of the deal, Pankaj Batra, the founder of Sparse Labs will join Zomato to “continue developing his vision”. Sparse Labs will be renamed as Zomato Trace, and will be given free of cost to restaurants on Zomato’s food delivery network.

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