Page 24 - Zomato

Amazon food delivery service poses risk to incumbents: Motilal Oswal

Amazon's foray into food delivery poses a risk to incumbents but the impact on Zomato or Swiggy's duopoly will be marginal, according to Motilal Oswal

Now, Amazon's food delivery service available in 62 pin codes in Bengaluru

The firm made its foray into online food delivery in India last year in May

Zomato to pay more to delivery partners, absorb fuel price rise impact

Swiggy also planning fuel-related incentives for riders

Zomato revises delivery partner remuneration to accommodate fuel price hike

The firm said it restructured its delivery partner remuneration to factor in the fuel price hike, a move that will increase their earnings by 7-8 per cent

Unicorns have created $106-bn value for startup ecosystem in 10 yrs: Report

Having created over 1.4 million jobs annually, Indian startups have taken eight years on an average to hit the unicorn milestone

Zomato raises Rs 1,800 crore in new funding round from five investors

The new valuation marks an increase from $3.9 billion valuation of Zomato in December

Info Edge shares zoom 5% after Zomato raises another $250 million

"On a fully converted and diluted basis, Info Edge's effective stake in Zomato stands at 18.4 per cent," Info Edge said in the stock exchange filing

Zomato's valuation crosses $5.4 billion, after raising $250 million

Ahead of its expected IPO, investors such as Kora, Tiger Global and Fidelity have made fresh investments in the Deepinder Goyal-led foodtech company

Zomato raises $250 mn from Tiger Global, Kora; valuation touches $5.4 bn

On a fully converted and diluted basis, Info edge's effective stake in Zomato stands at 18.4 per cent, it added

Info Edge drops 12% in 2 days despite analysts raising targets; here's why

Analysts at Edelweiss Securities have 'Hold' rating on the stock with a target price of Rs 5,460 considering the core business's steep valuation

Zomato partners with govt for street food project, ropes in 300 vendors

With this, these street vendors would be able to serve customers within the safety of their own homes, service a much larger user base with Zomato's technology and last-mile delivery

Zomato inks pact with MoHUA to onboard 300 street vendors

Zomato on Friday said it has signed an agreement with the Ministry of Housing and Urban Affairs (MoHUA) to onboard 300 food street vendors on its platform

A business hotel for that great weekend getaway with your family and Fido

WFH and travel paranoia during Covid-19 have lowered occupancy in these hotels, forcing them to offer alluring rates as low as Rs 5,000 a night with meals to leisure customers

Swiggy's revenue jumps 115% to Rs 2,776 cr, losses up 61% to Rs 3,768 cr

The Bengaluru-based food delivery giant's total expenses for the fiscal were reported as Rs 6,545 crore

Info Edge stock rides high on hopes of economic revival, Zomato IPO

Shares have rallied 42% since November to a record high of Rs 5,876.05 on Jan 6, before taking a breather

Meat startups move to stem bird flu fear, give assurance on poultry quality

While organised meat startups claim 100% traceability of their products with full biosecurity, unorganised meat market has taken a beating, going down by 20-25%

Info Edge stock flies on hopes of economic revival, Zomato's upcoming IPO

Shares have rallied 27 per cent in the last one month to a record high of Rs 5,549.25 apiece

IPO street: From Zomato to InMobi, 2021 could be the year of start-ups

The country has realised the potential of start-ups that have disrupted traditional businesses (or ways of doing business) and have garnered large market share, across segments

Zomato's revenue doubles to Rs 2,743 cr, losses up 138% to Rs 2,386 cr

The Deepinder Goyal-led firm's total expenses for the fiscal were reported as Rs 5,006 crore. Zomato is gearing up for an IPO this year

Curfews help Swiggy, Zomato serve record food orders on New Year's Eve

At peak, while Swiggy fulfilled 5,500 orders per minute, Zomato clocked in 4,254 orders per minute