Page 25 - Zomato

Zomato valuation crosses $3.9 billion after closing $660-million financing

The company CEO said marquee global investors share the company's enthusiasm about the future of this business

Will leave no stone unturned to improve working conditions: Zomato

Only two platforms (Urban Company and Flipkart) were able to demonstrate that additional measures were taken to actively improve working conditions

Zomato and Swiggy leading food delivery race in the country: Report

A survey showed that when it comes to food delivery from QSR chains; three in five urban Indians (60 per cent) prefer ordering food through apps such as Zomato and Swiggy

Foreign funds colonising Indian startups: Naukri.com founder Bikhchandani

Naukri.com and Zomato investor said foreign funds are the new East India Company that are colonising successful Indian startups by transferring ownership abroad to skip Indian regulations and taxes

Zomato to charge zero commission from restaurants for takeaway service

Takeaway on Zomato app has witnessed tremendous growth with the order volume increasing by more than 200% in the last few months

This hottest India internet stock is surging on back of startup investments

Info Edge India climbed to a record on Tuesday and is the top gainer this month on the National Stock Exchange's 10-member IT index. The company runs Naukri.com, nation's leading job-hunting platform

Zomato to charge zero commission to restaurants for takeaway service

The food delivery platform said that for restaurants to be able to tap into this growing demand, it is making takeaway service available for free to its restaurant partners

Zomato raises $195 mn in funding from 6 investors, valued at $3.6 bn

Upon closing of the fund raise, Info Edge's shareholding in Zomato shall stand reduced to about 20.8 per cent on fully converted and diluted basis

Start-ups take on Covid gloom with campaigns around safety and positivity

Some players are also striking an emotional chord by promoting values of togetherness; Brands are also spending more on e-commerce ads as opposed to conventional

Zomato COO Gaurav Gupta steps down to focus on firm's nutrition business

The nutrition business can be a large value driver for Zomato at a time when the company is preparing for a public listing next year and is focusing on profitability

Food delivery unicorn Zomato raises Rs 379 cr from US investor Kora

Gurugram-based Zomato has allotted 12,656 Class J5-1 compulsorily convertible cumulative preference shares at an issue price of Rs 3,00,235 per share to Kora

IPL playing key role in recovery of food delivery firms Swiggy, Zomato

Analysts say that due to IPL event food delivery volumes are seeing a jump and foodtech companies are capitalising on that demand

Food delivery volumes in India reach pre-Covid-19 peaks: Zomato CEO

The food delivery volumes in India have reached pre-Covid-19 peaks, Zomato Founder and CEO Deepinder Goyal said on Monday

Swiggy, Zomato pause gamification feature after Google sends notices

Gurugram-based Zomato confirmed that it has received a notice from Google

Indian unicorns diversifying to newer biz segments ahead of mega-IPO plans

A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans

Zomato, Swiggy get notices from Google for violating Play Store norms

The development comes just weeks after Paytm was blocked from the Play Store for a few hours for violating Google''s policy on sports betting activities

Food delivery industry recovers to 85% of pre-Covid levels: Zomato

The development comes after the company, in August, said around 40 per cent of the dining out restaurants may not reopen at all owing to the disruption caused by the Covid-19 pandemic.

Food delivery sector showing stronger signs of recovery: Zomato CEO

Delhi and Mumbai are nearing full recovery at around 95 per cent of the pre-Covid levels

Zomato to go public by H12021; raises Rs 760 cr from Tiger Global

The infusion from Tiger Global came a few days after Zomato raised Rs 456 crore from MacRitchie Investments, a subsidiary of Singapore-based Temasek Holdings

Mental health start-ups capitalise on pandemic-led demand for services

Many are discovering new revenue streams by adopting a digital-first approach and fostering ties with corporate clients to roll out customised solutions