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Foodtech giant Zomato makes strategic bid for Shiprocket, valuing logistics unicorn at $2 Billion
Zomato, a prominent player in the foodtech industry, is said to have extended an acquisition proposal to Shiprocket, a unicorn in the field of...
FMCG giants turn to data forecasting to address online stock gaps in quick commerce
As quick commerce (Q-comm) gains prominence as the top-performing channel, major FMCG companies like Nestle, ITC, Parle Products, LT Foods, and Coca-Cola are swiftly...
Swiggy follows Zomato’s lead, introduces a 2% collection fee on restaurants
Swiggy, a leading player in the food technology industry, has implemented a 2% 'collection fee' on restaurants for every order. This fee is aimed...
Quality concerns hover over Zomato after cockroach found in fried rice
A woman in Bengaluru was left appalled when she discovered a cockroach in the chicken fried rice she had ordered from a restaurant through...
Zomato eyes growth beyond food delivery: Plans for catering and gold program expansion
Zomato is set to venture into the catering business, utilizing its extensive network of restaurant partners. According to a senior executive at the food...
Alipay prepares to sell 3.44% of its stake in Zomato for INR 3,290 Crore
Alipay Singapore Holding intends to divest its entire 3.44% share in the prominent food delivery company Zomato on Wednesday. The Chinese company has established...
SoftBank sells off 9.35 Crore shares of Zomato in block deal worth INR 1,127 Crore
On Friday, the Japanese technology investor SoftBank executed a block deal, selling 9.35 crore shares of the foodtech giant Zomato for INR 1,127 crore.According...
Flower Aura takes sweet indulgence to next level, now offering cakes on Zomato and Swiggy
Flower Aura has launched its assortment of cakes on Swiggy and Zomato.The collaboration between Flower Aura and these platforms aims to enhance accessibility for...
Zomato and Swiggy innovate solutions to lure price-conscious users amid growth challenges
Zomato and Swiggy, prominent online food delivery platforms, are actively pursuing creative approaches to allure cost-conscious consumers at the lower end of the economic...
Zomato experiences stock boost following high-value block deal
Zomato, the foodtech industry leader, saw a slight uptick in its stock during the initial trading hours this Friday, propelled by a substantial block...
Dheeraj Nagpal joins Zingavita as Co-Founder, fueling innovation and growth in India’s retail health sector
Zingavita, a prominent player in India's retail health sector, has appointed Dheeraj Nagpal as Co-Founder, signaling a strategic move to enhance its product innovation,...
Alipay exits Zomato with INR 3,336.7 Cr stake sale; Morgan Stanley, Birla Mutual Fund among key buyers in block deals
Alipay, the Chinese payments group, divested its complete 3.44% share in the prominent food tech company Zomato through various block deals on Wednesday, amounting...