FoodTech
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Zomato completes acquisition of Paytm’s event and movie ticketing subsidiaries
Ahead of its annual general meeting, foodtech giant Zomato announced in an exchange filing that it has finalised the acquisition of Paytm's events and...
Zomato unveils ‘Zomato for Enterprise’ to streamline corporate food expense management
Building on its series of innovations, foodtech giant Zomato has launched 'Zomato for Enterprise' (ZFE), a platform aimed at helping companies manage food expenses...
Zomato introduces ticket reselling feature as ‘District’ app launch nears
Foodtech giant Zomato has unveiled a new 'Book Now, Sell Anytime' feature as it prepares to launch its ticketing app 'District'. The feature will...
Zomato unveils new feature to schedule food orders up to 2 days ahead
Continuing its streak of innovations, foodtech giant Zomato has rolled out a new feature enabling users to schedule food orders up to two days...
Swiggy targets $15 Bn valuation for its $1.2 Bn IPO
Foodtech giant Swiggy, last valued at $10.7 billion, is reportedly eyeing a $15 billion valuation for its $1 billion to $1.2 billion initial public...
Zomato stock jumps over 4%, touches intraday high of INR 269.75
Foodtech giant Zomato's shares surged 4.7% to reach an intraday peak of INR 269.75 on the BSE today, following the company's decision to close...
IPO-bound Swiggy valued at $11.5 Bn by 360 One WAM
Foodtech giant Swiggy’s backer 360 One WAM valued the IPO-bound company at $11.5 billion as of June.According to an investor presentation, 360 One WAM...
Zomato shuts down intercity service ‘Legends’ just a month after relaunch
Just a month after reviving its intercity food delivery service, ‘Zomato Legends,’ Zomato founder and CEO Deepinder Goyal announced its discontinuation.͏In a post on...
Zomato shares surge 2.7% after announcing acquisition of Paytm’s ticketing business
Shares of foodtech giant Zomato rose by 2.7% to reach INR 267 on the BSE in early trading today, up from the previous close...
Paytm to sell entertainment ticketing business to Zomato for INR 2,048 Cr in all-cash deal
Fintech giant Paytm has signed a definitive agreement to sell its entertainment ticketing business to foodtech major Zomato for INR 2,048 crore in an...
Antfin Singapore Holding divests 2.1% stake in Zomato for INR 4,771 Cr
Antfin Singapore Holding divested over 2% of its stake in Zomato on Tuesday, raising INR 4,771 crore through open market transactions.Antfin Singapore Holding Pte...
Zomato to remove AI-generated food images following customer complaints
After numerous complaints from customers about AI-generated food and dish images on Zomato, CEO Deepinder Goyal a͏nnou͏nced ͏o͏n Sund͏ay t͏hat the ͏plat͏form will͏ r͏e͏m͏o͏ve...