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Zomato receives ‘Buy’ rating from Jefferies, cites optimism over ‘District’ app
Investment firm Jefferies has maintained a 'Buy' rating for Zomato, citing optimism over the foodtech major's newly launched 'District' app for its 'going-out' business....
Can Zomato’s $1Bn fundraise outpace competitors in the q-commerce race?
Zomato has raised INR 8,500 Cr (around $1 Bn) through its first qualified institutional placement (QIP), with the aim of expanding its quick commerce...
Zomato taps into upcoming ‘Pushpa 2’ hype, offers movie tickets on District
Food tech giant Zomato is leveraging the buzz around the upcoming movie 'Pushpa 2' to showcase its unique ecosystem synergies through District, its dining...
Backed by Zomato, Swiggy, UrbanPiper targets 10X US expansion post-rebranding
Food tech giants, Zomato and Swiggy backed UrbanPiper, a Bengaluru-based start-up, has successfully unified its global brand identity following its acquisition of U.S.-based Ordermark...
Zomato rolls out quick delivery service for B2B Hyperpure, intensifying competition
Zomato's business-to-business (B2B) grocery supply vertical, Hyperpure, has launched a rapid delivery service.Zomato’s Hyperpure to charge INR 99 for express deliveryThis new service offers...
CEO Deepinder Goyal’s net worth surpasses INR 10,100 Cr; holds 4.18% stake in Zomato
Zomato's founder and CEO Deepinder Goyal has seen a significant boost in his net worth, driven by a sharp rally in the company's share...
Zomato CEO Deepinder Goyal gives up approx. $2 million salary: More than meets the eye?
Zomato founder and CEO Deepinder Goyal has voluntarily waived his base salary of INR 3.5 Cr per annum till March 31, 2026. Goyal hasn't...
Zomato launches INR 8,500 Cr QIP at floor price of INR 266 per share
Zomato, a leading foodtech company, has opened its INR 8,500 Cr qualified institutions placement (QIP) and set a floor price of INR 265.91 per...
Zomato registers 7.62% shares surge to INR 284 on BSE after Sensex inclusion
Zomato's shares surged as much as 7.62% to INR 284.30 apiece on the BSE today (November 25) after the company announced its inclusion in...
Zomato gets shareholders approval to secure INR 8,500 Cr via QIP
Food delivery platform Zomato's shareholders have approved the company's plan to raise INR 8,500 crore via a qualified institutional placement (QIP).Zomato receives nod from...
Zomato enters into BSE’s flagship index, joins ranks of Reliance, Infosys
The Bombay Stock Exchange (BSE) has announced that it will add Zomato, the foodtech major, to its flagship BSE Sensex index, replacing JSW Steel,...
Zomato CEO Deepinder Goyal clarifies controversy over INR 20 Lakh fee job
Zomato cofounder and CEO Deepinder Goyal issued a clarification regarding the company's job listing for a chief of staff position, which received criticism...