Restaurant search and discovery application Zomato has raised $60 million in a fresh round of funding led by Singapore investment company Temasek along with participation from existing investor Vy Capital.

In a statement, the company said the investment will be used to further grow its new business verticals. This takes Zomato’s total funding to around $225 million from a close set of only four investors — Info Edge, Sequoia India, Vy Capital, and Temasek, it said.

Last week, Zomato made strategic investments in Gurgaon-based Pickingo, and Mumbai-based Grab, both hyper-local delivery players, to enable last-mile delivery for restaurants, including dine-in-only restaurants that do not otherwise deliver.

Zomato also announced the launch of its Whitelabel platform, a full suite of technologies for restaurants to run their business on the internet.

The key feature on the platform is the ability for restaurants to launch custom-branded native mobile apps to help them connect with and engage their customers, and operate at iInternet scale.

“We will use this round to make investments in our new businesses such as online ordering, table reservations, point of sales, and our newly launched Whitelabel platform. With this round, and with some of our markets turning profitable recently, Zomato is well capitalised for at least two years,” Deepinder Goyal, Founder and Chief Executive Officer, Zomato, said.

With such tie-ups, the company is looking forward to building one of the largest food-tech companies in the world, he said.

Founded in 2008, Zomato is headquartered in India, and employs over 3,000 people across 22 countries. Available on web and mobile, it provides detailed restaurant information such as menus, contact details, pictures, geocoded maps, and user reviews, for 1.4 million restaurants. Zomato sees over 90 million visits across its web and mobile platforms every month.

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