Says more than 200 staffers have spent over seven years at the company; Many are on their second (and third) stint, and have been around since 2011 or 2012
For the Q3FY23 the company's losses widened over five times at Rs 346.6 crore. Loss for the same quarter last fiscal was at Rs 63.2 crore
Media reports say 10-minute biz struggling; company denies, says it is just being rebranded
In a farewell note, Gupta said that it was an honour for him to see the company grow leaps and bounds
Company to soon roll out delivery bags with this number printed on them, says no penalty on riders for delay in delivery, no rewards for reaching order on time
Goyal and other senior execs of the firm wear the official red Zomato t-shirt once a quarter and deliver orders, revealed Sanjeev Bikchandani of Naukri.com and an investor in Zomato
The Jefferies report was based on a visit to one of Blinkit's dark stores in NCR
Tech integrations between the two companies will accelerate the pace of progress at both ends, he added.
The company's shares fell as much as 14% since the announcement of the deal with the grocery delivery startup
Goyal was granted ESOPS by Zomato's investors and board based on his performance right before the company went public last year
Is Zomato's 10-min food delivery a game-changer? What is attracting IT giants to smaller cities? Are the markets pricing in fuel-led inflation? What are hypersonic weapons? All answers here
Zomato on Monday promised to deliver food within ten minutes of ordering, arguably becoming the first company in the world to do so. So, what does it mean for the food delivery ecosystem?
To pilot service in Gurugram next month
'Nobody in the world has so far delivered hot and fresh food in under 10 minutes at scale, and we were eager to be the first to create this category, globally,' says Deepinder Goyal
The Zomato CEO also talked about an e-mail from Info Edge founder Sanjeev Bikhchandani on how the company should price its IPO
Propels Curefit to unicorn club by investing at $1.66 bn valuation
The firm, backed by Qualcomm Inc. and Walmart Inc.-owned payments startup PhonePe, is targeting an IPO size around $175 million at a valuation of about $825 million
In Q1FY22, losses also expanded due to non-cash ESOP expenses, which will continue going forward
Zomato Pro, which was earlier called Zomato Gold, was opposed by many restaurants in 2019
Not the first time Zomato has made an exec a co-founder; Mohit Gupta, CEO of food delivery business and Gaurav Gupta, COO, were so named earlier