zomato
Breaking News
Zomato’s shares surge to record high, nearing INR 200 mark as Kotak raises price target to INR 210
Maintaining their bullish momentum, Zomato's shares edged closer to the INR 200 milestone. The foodtech giant's stock surged to a record peak of INR...
Tax troubles continue for Zomato as INR 92 Cr demand notice adds to mounting woes
Zomato continues to face mounting challenges, as the foodtech company has been ordered to pay a service tax of INR 92 Cr. This comes...
Zepto in talks for $300 Million funding, eyes valuation jump to $3 Billion
In the midst of the increasingly fierce competition in the quick commerce arena, Zepto is reportedly in early-stage discussions to secure a minimum of...
Zomato pilots new last-mile delivery service for office goers in corporate parks
Zomato, a leading player in the foodtech space, is reportedly piloting a new initiative that offers last-mile delivery to office goers within corporate parks.According...
Zomato’s GST saga continues: Karnataka tax authority slaps INR 23 Crore demand
Foodtech giant Zomato has received a tax demand, along with interest and penalty, totaling INR 23 crore from the Karnataka commercial taxes authority. The...
IPO-bound Swiggy reports $207 Million loss in April-December 2023
IPO-bound foodtech giant Swiggy is reported to have recorded a loss of $207 million (INR 1,730 crore) in the first nine months of the...
Zomato strengthens user experience by integrating Simpl’s 1-Tap Checkout across platforms
Simpl, India's leading Checkout Network, has strengthened its partnership with the food ordering and delivery platform, Zomato. The collaboration will integrate Simpl's 1-Tap Checkout...
Pure veg fleet decision based on survey data, surprised by uproar: Zomato CEO
Several days after Zomato announced its plans to introduce a 'pure veg fleet,' sparking controversy online, the foodtech giant's co-founder and CEO, Deepinder Goyal,...
ICICI Securities raises Zomato’s price target to INR 300, citing strong growth and profitability metrics
ICICI Securities, the brokerage firm, has maintained its 'BUY' recommendation for the foodtech giant Zomato and has adjusted its price target (PT) to INR...
Swiggy’s strong financial performance sets stage for IPO: FY24’s first 9 months show robust growth
Ten years since its inception, the foodtech and quick commerce giant Swiggy is gearing up for a public debut this year, diligently ensuring a...
Zomato renames ‘Pure Veg’ mode to ‘Veg Only’ amid social media backlash
After facing online backlash citing concerns around community and caste-based discrimination, Zomato has renamed its ‘pure veg’ mode to ‘veg only’ and dropped the...
Swiggy denies any involvement in viral ad taking jibe at Zomato amidst delivery segregation controversy
Swiggy, a foodtech major, issued a clarification on Thursday after a purported advertisement taking a jibe at its rival Zomato went viral on social...