Zomato to rebrand as Eternal Ltd, CEO announces expansion beyond food delivery
Feb 06, 2025, at 10:21 pm
Mumbai: Zomato is set to rebrand itself as Eternal Ltd., as the company's board has approved the name change, CEO Deepinder Goyal revealed in a letter to shareholders.
Zomato increases platform fee on food delivery to Rs 10 to 'maintain services during festive rush'
Oct 23, 2024, at 08:19 pm
New Delhi/IBNS: Indian multinational restaurant aggregator and food delivery company Zomato has increased its platform fee on food delivery to Rs 10 from Rs 7 amid the festive rush.
Swiggy gets SEBI nod for IPO launch
Sep 25, 2024, at 02:21 am
Mumbai: The Securities and Exchange Board of India (SEBI) has approved food delivery giant Swiggy's plan to launch an initial public offering (IPO), media reports said.
Zomato reports Rs 175 cr net profit in Q4FY24, ESOP cost doubles YoY
May 15, 2024, at 03:44 am
Mumbai: Zomato, which reported a net profit of Rs 175 crore for the January-March period (Q4FY24) on Tuesday, marked a significant turnaround from the net loss of Rs 188 crore in the same quarter the previous year.
Zomato delivery agents tipped Rs 97 lakhs by customers this New Year
Jan 07, 2024, at 08:18 pm
Mumbai: This New Year's Eve, apart from the restaurants, bakeries and other food joints, those delivering food from these establishments to the doorstep of the customers also benefited from the celebrations as people decided to make generous tips to delivery executives.
Zomato records Rs 36 cr Q2FY24 net profit
Nov 04, 2023, at 05:14 am
Mumbai: Online food delivery platform Zomato continued its impressive performance in the second quarter of FY24, recording a profit of Rs 36 crore
Swiggy sells its cloud kitchen business to rationalise costs
Mar 04, 2023, at 06:12 am
Mumbai: Food delivery platform Swiggy announced on Thursday that it has completed a share-swap agreement with Kitchens@ to sell its cloud kitchen business, Swiggy Access. This decision was made as part of the company's cost-cutting measures, which included laying off 380 employees due to a lack of funding opportunities, The Financial Express reported.
Zomato co-founder Mohit Gupta quits, marking third high-profile exit in two weeks
Nov 19, 2022, at 06:00 am
Mumbai: Zomato co-founder Mohit Gupta has quit the organisation amid a meltdown in tech stock prices and a sluggish growth of the food-delivery major, media reports said.
Zomato reacts over Competition Commission's probe
Apr 06, 2022, at 03:59 pm
New Delhi: Zomato has said the Competition Commission of India (CCI) wants to look into its trade practices like the preferential listing of restaurant partners and pricing parity and has prima facie not found concerns with respect to their independence on levy of commissions or alleged bundling of services, media reports said.
TVS Motor partners with Swiggy to expand EV role in food delivery
Jan 15, 2022, at 01:27 am
New Delhi/UNI: Two & 3Wheeler manufacturer TVS Motor Company has announced a partnership with food and on-demand delivery player Swiggy to enable the adoption of electric vehicles in its delivery fleet and increase the share of EVs in food delivery and on-demand delivery services.
SpectraClean: Sanitization delivery box from eBikeGo
Dec 11, 2020, at 10:55 pm
New Delhi/IBNS: India’s leading EV based startup eBikeGo recently launched the ‘SpectraClean, which according to the company, is a completely risk-free sanitization delivery box using the UV-C disinfection technology.
Swiggy launches ‘Swiggy Scheduled’
Feb 22, 2018, at 07:29 pm
Bengaluru/Kolkata, Feb 22 (IBNS): Swiggy, India’s largest food ordering and delivery platform, announced on Thursday the launch of its brand-new offering, ‘Swiggy Scheduled’.