Blinkit to be bigger than Zomato’s food delivery business in a year: Deepinder Goyal Underscoring the challenge in building a generational company due to changing technology and business ecosystem in the country, Goyal, in… 2 years ago
No global and local divide: Zomato, Swiggy, Oyo oppose new competition framework Interestingly, in the case of big domestic platforms, their local rivals which are opposed to their practises, have fully supported… 2 years agoMarch 13, 2024
Zomato, Groww founders among 11 finalists for EY Entrepreneur of the Year Awards Chosen from over 260 nominations, the finalists will be honoured at a banquet on February 23. This year marks the… 2 years agoFebruary 15, 2024
Blinkit will outpace Zomato’s food delivery business: Analysts Brokerage firm, Nomura expects Blinkit’s gross order value to be higher than that of the food delivery business by FY28… 2 years agoFebruary 9, 2024
Blinkit’s new dark stores ramping up faster than before A quicker ramp-up of newly-launched stores would mean quicker recovery of fixed costs related to the store and hence, lower… 2 years agoFebruary 8, 2024
Zomato beats estimates with Rs 138 crore profit Overall, Zomato’s adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) for Q3 came in at Rs 125 crore, compared… 2 years agoFebruary 8, 2024
Zomato gets RBI nod to operate as online payment aggregator Following RBI’s nod, Deepinder Goyal-led Zomato has now joined the ranks of Tata Pay, Razorpay, and Cashfree in securing the… 2 years agoJanuary 30, 2024
Zomato’s 2030 sustainability goals: 3 lakh micro, small, medium restaurant businesses to be supported Zomato said it will enhance the earning and saving capacity of 1 million gig workers through upskilling, partnerships and benefit… 2 years ago
Food delivery platforms see 18 per cent jump in orders to 6.5 million on New Year’s Eve 2023: Report Redseer’s Big Data analysis on Consumer Behaviour noted that the spike in food delivery orders on NYE23 was a nationwide… 2 years agoJanuary 11, 2024
Zomato announces Daily Payouts for small restaurants for better cash flow Zomato said restaurants won’t have to pay additional fees for switching from weekly to daily payouts even as they would… 2 years ago
Higher platform fee may help Zomato pass on GST burden Firm looking to make fee structure ‘dynamic’: Analysts 2 years agoJanuary 2, 2024
Entrepreneurial Brilliance: Dive into the success story of Zomato’s CEO Deepinder Goyal, an IIT alumni with a Rs 2030 crore net worth From IIT to a billionaire: Meet Deepinder Goyal, Zomato’s CEO, boasting a net worth of Rs 2030 crore 2 years agoJanuary 2, 2024
Quick-commerce, food-delivery firms register massive order surge on New Year’s Eve Zomato CEO Deepinder Goyal shared that the food delivery platform delivered almost as many orders on New Year’s Eve (NYE)… 2 years agoJanuary 1, 2024
Jefferies maintains ‘Buy’ on Zomato, sees 32% upside amid speculations on Shiprocket deal Zomato holds a 5% stake in Shiprocket following an investment made in 2021, and Jefferies attributes a low probability to… 2 years agoDecember 22, 2023
Zomato makes takeover offer for e-commerce shipping startup Shiprocket Zomato’s offer values the platform at about $2 billion, said the people, who requested anonymity discussing confidential information. No final… 2 years ago
China’s Alipay to sell its stake in India’s Zomato for nearly $400 m: Reports Alipay, owned by Ant Group, will offload its entire 3.44% stake in the deal, the term sheet seen by Reuters… 2 years agoNovember 28, 2023
The Big Picture: Zomato serves a turnaround recipe Increasing the frequency and size of orders is the key to profitable growth. 2 years agoNovember 19, 2023
Zomato delivered 647 million orders worth Rs 263.1 billion across 800 cities during FY23, says Rakesh Ranjan “As of June 2023, our platform had 226,000 average monthly active food delivery restaurant partners and 352,000 average monthly delivery… 2 years ago
