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Zomato issues 38.72 lakh equity shares under ESOP plans
Zomato, the foodtech giant, has allocated 38.72 lakh equity shares under its employee stock option plans (ESOPs).In an exchange filing on Thursday (August 29),...
Zomato hit with over INR 4 Cr GST tax demand and penalties
Zomato, the listed foodtech giant, has received a tax demand and penalty order totalling over INR 4.59 crore related to goods and services tax...
Zomato completes acquisition of Paytm’s event and movie ticketing subsidiaries
Ahead of its annual general meeting, foodtech giant Zomato announced in an exchange filing that it has finalised the acquisition of Paytm's events and...
Zomato unveils ‘Zomato for Enterprise’ to streamline corporate food expense management
Building on its series of innovations, foodtech giant Zomato has launched 'Zomato for Enterprise' (ZFE), a platform aimed at helping companies manage food expenses...
Hyperlocal food & beverage brands scale up presence on quick commerce to capture festive season demand
Hyperlocal food and beverage brands are increasingly expanding to quick commerce platforms like Zomato's Blinkit, Zepto, Swiggy Instamart, and BigBasket's BBNow.These brands aim to...
BigBasket shifts focus to quick commerce with BB Now, aims for rapid 10-30-minute deliveries
Tata-owned BigBasket, the largest e-grocer known for its slotted deliveries, is transitioning into a full-scale quick commerce platform as the sector's rapid growth fuels...
E-commerce overtakes brick-and-mortar in high-value goods, quick commerce eyes next frontier
The traditional touch-and-feel retail experience, where customers prefer to inspect products physically before buying, is now being overshadowed by e-commerce. Despite e-commerce’s rapid growth...
Zomato unveils new feature to schedule food orders up to 2 days ahead
Continuing its streak of innovations, foodtech giant Zomato has rolled out a new feature enabling users to schedule food orders up to two days...
Swiggy targets $15 Bn valuation for its $1.2 Bn IPO
Foodtech giant Swiggy, last valued at $10.7 billion, is reportedly eyeing a $15 billion valuation for its $1 billion to $1.2 billion initial public...
Zomato stock jumps over 4%, touches intraday high of INR 269.75
Foodtech giant Zomato's shares surged 4.7% to reach an intraday peak of INR 269.75 on the BSE today, following the company's decision to close...
Zomato shuts down intercity service ‘Legends’ just a month after relaunch
Just a month after reviving its intercity food delivery service, ‘Zomato Legends,’ Zomato founder and CEO Deepinder Goyal announced its discontinuation.͏In a post on...
Zomato shares surge 2.7% after announcing acquisition of Paytm’s ticketing business
Shares of foodtech giant Zomato rose by 2.7% to reach INR 267 on the BSE in early trading today, up from the previous close...