Business Standard had earlier reported in August that the Bengaluru-based company was planning to raise capital from MacRitchie by allotment of 15,188 shares
HSBC Global Research, in its recent report, valued food delivery firm Zomato at $5 billion, a major increase from its earlier valuation of $3.5 billion
Covid-19 has accelerated its path to profitability owing to lower discounts said HSBC Global Research in a report
Beijing has added 23 technologies to its list of regulated exports; move could affect start-ups that have IP co-creation as part of investment deal with Chinese VC investors, say experts
To pump in money more aggressively, Sanjeev Bikhchandani's company has set up its own alternative investment fund, Info Edge Ventures, for early stage investments
One may argue, period leaves are easier for a small digital set-up. However, companies, like Tata Steel, have also offered period leave within the sick leave quota since 2018
Zomato's announcement led to a social media storm that raised various questions. In this podcast we try to find what companies think
The infusion is expected to help Zomato compete with Tencent-backed Swiggy and e-commerce giant Amazon, which recently forayed into food delivery
Food delivery segment likely to bounce back to pre-Covid level in the next 2-3 months
Tapping small-tier cities, leveraging cloud kitchens to drive long-term growth for sector, says study
In a note for the male employees in the blog, Goyal said, "Our female colleagues expressing that they are on their period leave shouldn't be uncomfortable for us"
COO of ITC Hotels Anil Chadha said with the changing world order owing to the Covid-19 pandemic, these arrangements will help customers get their favourite cuisines sitting at home
The Gurugram-based firm had cut 13 per cent jobs in May due to the impact from Covid-19
The earnings before interest, taxes, depreciation, and amortization (EBITDA) in the last financial year stood at around Rs 2,200 crore, Zomato said in its performance report.
Cloud kitchens are essentially low-cost models where kitchens in places with cheap real estate are rented out, and from which deliveries are fulfilled mostly through an aggregator.
GlobalData said Chinese investors have been making their presence felt in a big way in the Indian start-up ecosystem over the last few years.
Mother Dairy, a leading milk supplier in Delhi-NCR, sells fruits and vegetables through more than 300 Safal outlets.
The company's home delivery service, 'Marriott on Wheels', has also branched out into providing corporate outdoor catering services and Bento Box meals
Pepsi, Coke, Britannia, Kwality Walls and a host of other brands line up for e-stores on delivery apps, rethink visual identities, and the retail experience
While the Flipkarts and Amazons are burying differences and banking on each others' strengths, vendors are altering production lines to sell masks, PPEs and other Covid-related merchandise