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Delhi court summons Zomato over alleged fraudulent practices in food delivery operations
According to reports, a court in Delhi has summoned Zomato in a civil suit seeking a restraining order against the foodtech giant for continuing...
Zomato ramps up restaurant listings amidst sluggish spending trends
Last week, Zomato highlighted that the increase in restaurant listings on its platform significantly fueled the 27% year-on-year growth in the gross order value...
Blue Tokai Coffee Roasters joins forces with Royal Enfield to debut exclusive ‘Cruise Blend’
Setting off on a motorcycle road trip isn't just about the excitement of the journey; it's a unique experience that transcends the mundane, encouraging...
Zomato’s strong Q3 performance spurs brokerage firms to boost price targets; Blinkit expansion drives optimism
Brokerage firms such as Jefferies, Nuvama, and Kotak have increased their price targets (PT) for Zomato stock following the foodtech giant's announcement of a...
Zomato bolsters operations with its largest warehouse yet in India, secures prime space in Bengaluru’s Sumadhura Logistics Park
Zomato, the online food delivery company, has secured its largest warehouse in India to date at the Sumadhura Logistics Park in Bengaluru's Hoskote area....
Zomato’s B2B vertical Hyperpure sees exponential growth in Q3 FY24, revenue inches closer to INR 1,000 Cr
For years, Zomato has relied heavily on food delivery, with a recent foray into quick commerce. However, alongside these ventures, the company has quietly...
Zomato continues streamlining operations: Completes liquidation of subsidiaries in Vietnam and Czech Republic
Zomato, a leading player in the foodtech sector, has completed the liquidation of its subsidiaries in Vietnam and the Czech Republic.In an exchange filing...
Blinkit continues growth trajectory with second consecutive quarter of positive contribution
Zomato's quick commerce arm, Blinkit, continued its growth trajectory, maintaining contribution positivity for the second consecutive quarter in the three-month period that ended December...
Zomato reports third consecutive profitable quarter with INR 138 Cr PAT in Q3 FY24
Zomato, a major player in the foodtech sector, announced on Thursday its third successive quarter of profitability. For the December quarter (Q3) of the...
Zomato allots 10.88 Crore equity shares for employee stock options ahead of Q3 FY24 earnings
Foodtech giant Zomato has allocated 10.88 crore equity shares under its multiple employee stock option plans (ESOPs) ahead of its Q3 FY24 earnings.Zomato announced...
Tata Neu joins online food delivery race through ONDC integration, posing competition to Zomato and Swiggy
Tata Group is set to make its foray into online food ordering through its super app Tata Neu, utilizing the Open Network for Digital...
Zomato launches ‘Plastic-Free Orders Packathon’ in partnership with Startup India to drive innovation in sustainable food packaging
Food delivery platform Zomato has launched the 'Plastic-Free Orders Packathon' in collaboration with Startup India to foster innovation in sustainable packaging for food delivery...
