Zomato

News and Trends

Blinkit Enters 10-Minute Food Delivery with Bistro App Launch

Bistro will cater to customers seeking quick access to snacks and ready-to-eat items like sandwiches, samosas, and coffee.

News and Trends

$265 Billion by 2033: India's Online Food Delivery Market

The Indian online food delivery ecosystem is fiercely competitive, dominated by key players such as Zomato, Swiggy, Jubilant FoodWorks Ltd. (Domino's Pizza), Yum! Brands Inc. (KFC, Pizza Hut), and McDonald's.

News and Trends

Zomato Secures USD 1 Bn via QIP, First Major Fundraise Since IPO

Notable investors include ICICI Mutual Fund, which was allotted 4.25 crore shares, making up 12.78% of the issue. Other domestic mutual funds, including HDFC, received 1.97 crore shares, or 5.95%, while Kotak's funds were allotted 6% of the issue.

News and Trends

A Marketing Playbook: Inside the Mind of Deepinder Goyal and Zomato

"Three things in life are certain: life, death, and news about Zomato," wrote Amit Gupta, MD, Badri Group summing up Zomato's marketing game on LinkedIn.

News and Trends

Edtech Unicorn PhysicsWallah Welcomes Ex-Blinkit CFO Amit Sachdeva to Lead Financial Strategy

Sachdeva previously served as CFO at Grofers (now Blinkit), where he led financial operations until its acquisition by Zomato in 2022. His background includes leadership roles at IGT Solutions and Wipro, underscoring his expertise in corporate finance.

News and Trends

All Eyes on Swiggy IPO as it Sets to Open for Subscription on November 6

According to stock market observers, Swiggy on Monday, commanded a grey market premium of INR 22 per share, indicating that its shares are trading higher by INR 22 apiece at INR 412 per share, higher than the issue price of INR 390 per share.

News and Trends

Zomato's Independent Director Gunjan Soni Resigns Amid Increased Work Commitments

Alongside her role at Zomato, Gunjan Soni is a Member of the Management Board, Chief Operating Officer of Global Fashion Group (GFG), and CEO of Zalora SEA. She previously held leadership roles at Myntra as Head of Jabong and Chief Marketing Officer.

News and Trends

Zomato Co-Founder Akriti Chopra Resigns After 13 Long Years of Service

Akriti joined Zomato as a senior manager of finance & operations back in November of 2011. Since then, there was no looking back for her.

News and Trends

Zomato-Backed AdOnMo Secures INR 58.21 Cr to Revolutionise Digital Out-of-Home Advertising

AdOnMo will use the new funding to expand its presence from 24 to 40 cities in India and double its hyperlocal advertising displays from 50,000 to 100,000, enhancing its digital out-of-home network.

News and Trends

Paytm Records 5% Increase in Share Prices After Zomato Deal Announcement

Paytm saw its share prices increase by 5 per cent on August 21, just a day later it announced the decision to sell its entertainment ticketing arm to Zomato.

News and Trends

Quick Commerce Companies Celebrated Raksha Bandhan With Record High Sales

Quick commerce companies enjoyed Raksha Bandhan with highest ever sales in one day

News and Trends

Zomato Total Income Touched INR 4,442 Crore, 71% YoY Change

Zomato reported its Q1FY25 results with a boost in revenue

News and Trends

Ninecamp Ventures, Lifetime Health, and Pintel.ai Raise Early-Stage Funding

The Indian startups listed below have disclosed investment rounds.

News and Trends

Fancy a Drink? Swiggy, Zomato, Blinkit and BigBasket May Soon Be Able to Quench Your Thirst For Liquor

Online food and grocery delivery platforms, Swiggy, Zomato, Blinkit and BigBasket could potentially deliver alcohol in the near future

News and Trends

Zomato in Talks to Acquire Patym's Vertical Business Worth INR 1,600 Crore

Zomato reports talks to acquire Paytm movies and Paytm insider verticals worth INR 1,600 - 1,750 crore.