FoodTech
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Zomato expands partnership with IRCTC, now delivers food to train passengers at 100+ stations
Foodtech giant Zomato has expanded its partnership with the Indian Railway Catering and Tourism Corporation (IRCTC), now providing food delivery to train passengers at...
Zomato shares reach all-time high of INR 285.95 amid broader market rally
Shares of foodtech giant Zomato hit a new all-time high of INR 285.95 on the BSE on Thursday (September 12), buoyed by a broader...
Zomato rolls out developer platform for PoS partners
Marking another move in its series of experiments and product launches, listed foodtech giant Zomato has introduced a developer platform for its point of...
Swiggy to increase IPO size, targets INR 5,000 Cr through fresh issue
With investor interest in Indian tech startups' public listings reigniting, food and grocery delivery giant Swiggy is contemplating an increase in the fresh issue...
Swiggy introduces ‘Incognito Mode’ for discreet ordering
Foodtech giant Swiggy has introduced an ‘incognito mode’ feature, allowing users to place orders privately on its food delivery and quick commerce platforms.The new...
Former junior staff at Swiggy embezzled INR 33 Cr; investigation underway
IPO-bound foodtech giant Swiggy disclosed in its annual report for FY 2023-24 that a former junior employee embezzled INR 33 crore over an extended...
Zomato shares surge 7.7% after JP Morgan raises target price to INR 340
Shares of foodtech giant Zomato jumped 7.7% on the BSE today, hitting an intraday peak of INR 261.50 after JP Morgan increased its target...
Swiggy’s FY24 revenue soars 36% to INR 11,247 Cr; net loss nearly halves to INR 2,350 Cr
Foodtech giant Swiggy has reportedly recorded a 36% revenue growth, reaching INR 11,247 Cr in FY 2023-24, up from INR 8,265 Cr the previous...
Hindustan Composites acquires 0.01% stake in Swiggy for INR 5.175 Cr
Hindustan Composites, a listed auto ancillary company, has signed a share purchase agreement to acquire a stake in IPO-bound foodtech giant Swiggy for INR...
Zomato faces fresh GST demand notice of INR 3.5 Lakh
Already grappling with a slew of GST notices, foodtech giant Zomato has now received a tax demand and penalty order totalling nearly INR 3.5...
Zomato issues 38.72 lakh equity shares under ESOP plans
Zomato, the foodtech giant, has allocated 38.72 lakh equity shares under its employee stock option plans (ESOPs).In an exchange filing on Thursday (August 29),...
Zomato hit with over INR 4 Cr GST tax demand and penalties
Zomato, the listed foodtech giant, has received a tax demand and penalty order totalling over INR 4.59 crore related to goods and services tax...