Zomato
- Business
US-based Invesco raises Swiggy’s valuation to USD 7.8 billion
New Delhi: In some cheers for Swiggy that is facing tough competition from Zomato, US-based investment company Invesco has increased the food delivery platform’s valuation to about $7.85 billion, the media reported…
- India
Watch: Did Zomato hire model to drive around for marketing?
A video of a woman driving around with an empty Zomato bag has sparked speculation that the food delivery company has hired a model for marketing purposes. The speculation gained momentum after…
- Business
After Zomato, now Swiggy increases platform fee to Rs 3 for food orders
New Delhi: Online food delivery platform Swiggy has also increased the platform fee from Rs 2 to Rs 3 for food orders. A Swiggy spokesperson on Monday told IANS, that “there has…
- Business
SoftBank likely to fully exit Zomato in coming months
New Delhi: Japanese investment giant SoftBank, which sold nearly 10 crore shares in Zomato, amounting to an 1.17 per cent of the company’s equity, is planning to fully exit the online food…
- Business
SoftBank likely sold 10 cr shares in Zomato for Rs 947 cr, stock up
New Delhi: Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of the company’s equity, changed hands on Wednesday at a total deal value of…
- Business
SoftBank may sell 1.17% stake in Zomato via block deal: Report
New Delhi: Japanese company SoftBank Vision Fund (SVF Global) is looking to sell off 1.17 per cent stake in food delivery giant Zomato, according to a media report on Tuesday. The stake…
- Business
Tiger Global exits Zomato, offloads remaining shares worth Rs 1,123 crore
New Delhi: US-based investment major Tiger Global, via its VC fund Internet Fund III Pte Ltd, has exited online food delivery platform Zomato by selling its entire shareholding for Rs 1,123.85 crore.…
- Business
Govt’s ONDC reaches 50K restaurants, takes on Zomato-Swiggy dominance
New Delhi: Giving a tough fight to Zomato-Swiggy dominance in online food delivery market, Open Network for Digital Commerce (ONDC), an initiative of the government, on Monday said that 50,000 restaurants are…
- Offbeat
Bhopal woman sends ex-boyfriend food order on COD; irks Zomato
Popular online food delivery app, Zomato asked Ankita, a customer and resident of Bhopal, Madhya Pradesh to stop sending food to her ex-boyfriend with the cash-on-delivery option. Going by the post by…
- India
NCSC issues notice to Zomato for ‘casteist’ advertisement
New Delhi: The National Commission for Scheduled Castes (NCSC) has issued a notice to online food delivery aggregator Zomato for a ‘casteist’ advertisement. Following direction from NCSC Chairman Vijay Sampla, a notice…
- India
Online food delivery platforms log just 7% spike in orders during IPL 2023
New Delhi: Online food delivery platforms saw a modest 7 percent spike in orders during the just-concluded Indian Premier League (IPL) season, a report showed on Friday. In comparison, the online food…
- India
Zomato joins Dial4242 to provide ambulance, medical support to delivery partners
New Delhi: Online food delivery platform Zomato on Monday announced it has collaborated with Dial4242 to provide ambulance services and medical support through mobile medical units (MMUs) to delivery partners. With this,…
- India
Withdrawal of Rs 2000 notes impacts Zomato’s cash on delivery
The recent decision by the Reserve Bank of India (RBI) to withdraw Rs 2000 denomination notes from circulation has had a significant impact on Zomato’s cash-on-delivery (COD) orders. On Monday, Zomato took…
- Technology
Zomato elevates Rakesh Ranjan as food delivery CEO
New Delhi: Online food livery platform Zomato has rejigged the senior leadership team after reporting its better-than-expected quarterly results (Q4 FY23). Zomato informed the Bombay Stock Exchange in a filing that it…
- India
Aggregators can’t wash hands off truant ‘delivery partners’: Legal experts
New Delhi: In February this year, Delhi’s Consumer Disputes Redressal Commission issued a notice to delivery company Dunzo for alleged sexual harassment by its delivery partner, who showed up drunk at a…
