Sunday, November 24, 2024

zomato

Zomato in talks with Paytm to acquire movie and events ticketing business for INR 1,500 Cr

Food͏tech giant Zomato ha͏s͏ r͏eportedly h͏eld talk͏s ͏with Paytm t͏o acquire th͏e fintech major’s ͏movi͏e ti͏cketi͏ng͏ and eve͏nts business.͏Ac͏cordi͏ng to a report by ET,...

QSR chain Charcoal Eats secures INR 45 Cr funding, eyes rapid expansion and international growth

Charcoal Eats,͏ a quick s͏e͏rvice res͏tau͏rant ͏chain, ͏has͏ secured͏ ͏I͏NR 45͏ cro͏re ͏in f͏und͏i͏ng fr͏om a ͏group ͏of in͏v͏es͏to͏rs le͏d by͏ Girish Patel,͏ the...

Indian consumers embrace 10-minute grocery apps, squeezing small retailers out of competition

In a suburban neighborhood of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse, hustle to fulfill orders within a 10-minute window. Their efficiency is monitored...

Food delivery and e-commerce giants ramp up measures to protect delivery partners amidst sweltering heatwave

With large parts of India experiencing a heatwave and several cities recording higher-than-normal temperatures, food delivery and e-commerce platforms have introduced various measures to...

Zomato urges customers to avoid ordering during peak afternoon hours amid intense heatwave

As the country swelters under an intense heatwave, Zomato, the online food delivery platform, appealed to customers on Sunday to avoid ordering during peak...

Swiggy’s revenue from food delivery, Instamart reaches INR 7,800 Cr in FY24

IPO-bound Swiggy Ltd. saw a 35% increase in revenue from its top two businesses—food delivery and the quick-commerce unit Instamart—in FY24, along with a...

Zomato shares plummet 5% as Macquarie predicts 47% decline ahead

Foodtech giant Zomato's shares took a hit of around 5% during intraday trading on Friday (May 31), falling to as low as INR 172.5...

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