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Wednesday, October 23, 2024

zomato

MOFSL predicts 30% growth potential for Zomato: Here’s why the brokerage is optimistic about the stock

News
According to a report by Motilal Oswal Financial Services, the food delivery market in India is expected to grow at a compound annual rate...

IFAT urges Blinkit to reconsider pay cut for delivery workers following protests

News
IFAT (Indian Federation of App-Based Transport Workers) has urged Blinkit, the quick-commerce unicorn owned by Zomato, to reconsider its stance on recent reductions in...

Coca-Cola ventures into startup scene with purchase of minority stake in Thrive, competitor to Swiggy and Zomato

News
Coca-Cola, the beverage giant, is reportedly poised to make its first investment in an Indian startup. The company is said to be purchasing a...

Blinkit temporarily unavailable after delivery partners protest revised payment system

News
Zomato's grocery arm, Blinkit, has been rendered "temporarily unavailable" following the closure of 50 stores located in various areas of Delhi-NCR. This development occurred...

Cold chain provider Celcius Logistics bags INR 100 crore in funding round led by IvyCap Ventures

News
On Monday, Celcius Logistics, a provider of cold chain solutions, announced that it had raised INR 100 crore in a funding round led by...

Zomato’s growth projection for FY23-27 reduced to 21% by JM Financial, down from earlier prediction of 25%

News
Zomato, the popular food delivery firm, has been forecasted to achieve a compound annual growth rate (CAGR) of 21% during FY23-27, according to a...

Zomato’s food delivery gets a boost with Yulu’s eco-friendly e-scooters

News
Yulu, an Indian electric bike-sharing startup, has announced a partnership with Zomato, one of India's leading food delivery platforms. As part of this partnership,...

Reliance-backed Dunzo eyes $50 Million in new funding round

News
Dunzo is a rapidly growing hyperlocal delivery startup based in Bengaluru, India. The company has been seeking to raise capital for several months and...

Zomato and SUN Mobility team up to launch 50K electric delivery fleet

News
SUN Mobility was established with the goal of revolutionizing the electric mobility sector in India by providing energy infrastructure solutions for electric vehicles. The...

Zomato to hike Restaurant Commissions in an attempt to increase revenue and attain Profitability

News
Zomato, the Indian food delivery company, has reportedly approached several restaurant chains seeking to raise commissions by 2-6% for certain restaurants listed on its...

Zomato launches Meal Service ‘Zomato Everyday’ starting INR 89 per meal

Business
Zomato, a well-known Indian food aggregator unicorn, has recently launched a revamped home-cooked meal service called 'Zomato Everyday.' The new service, previously known as...

Zomato to build Rest Points for delivery agents for mid-work relaxation

News
Zomato, India’s popular food delivery firm, has recently launched a new initiative called 'The Shelter Project' to support gig workers and delivery partners from...
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