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.
Adani Wilmar eyes 10% sales growth next fiscal, buoyed by tax cuts and grocery app demand
Feb 05, 2025, at 07:15 pm
Mumbai: Adani Wilmar expects its sales volumes to increase by around 10 % in the next fiscal year, Reuters reported.
Govt to meet quick commerce players to review their ops amid rising consumer complaints
Dec 18, 2024, at 07:15 pm
New Delhi: The Commerce Ministry is expected to hold a meeting with quick commerce companies like Zepto and Blinkit later this week, ET Now reported citing sources.
Amazon India to enter quick commerce with 15-minute delivery pilot in Bengaluru
Dec 10, 2024, at 07:37 pm
Bengaluru: Amazon India is preparing to launch a 15-minute delivery service in Bengaluru later this month, which will mark its entry into the rapidly growing quick commerce market, The Economic Times reported.
Zepto to raise $300 million from domestic investors investors
Nov 16, 2024, at 04:36 am
New Delhi: Quick commerce startup Zepto is set to raise $300 million from domestic investors, doubling its initial target, The Economic Times reported, citing sources.
'Got scammed': Delhi man claims he ordered 1 gm gold coin from Blinkit, gets 0.5 gm instead
Oct 30, 2024, at 08:13 pm
New Delhi/IBNS: Mohit Jain, a resident of Delhi, claimed that Blinkit, one of the leading Indian quick-commerce platforms, delivered a 0.5-gram gold coin instead of the one-gram coin he had ordered.
Oct 17, 2024, at 08:39 pm
Bengaluru/IBNS: Quick commerce startup Zepto is reportedly in discussions to raise $100-150 million from Motilal Oswal, Indian family offices, and high net worth individuals (HNIs), Moneycontrol reported, citing its sources.
Swiggy upsizes IPO to Rs 5,000 cr amid growing competition with Zomato: Report
Oct 04, 2024, at 05:39 am
Mumbai: Food tech giant Swiggy has received shareholder approval to increase the size of its primary issue for its upcoming IPO from Rs 3,750 crore to Rs 5,000 crore, media reports said.
Quick commerce start-up Zepto raises $340 million at $5 billion valuation
Aug 31, 2024, at 09:57 pm
Bengaluru/IBNS: Indian quick commerce start-up Zepto has raised $340 million in a follow-on financing round led by General Catalyst, with Dragon Fund and Epiq Capital joining as new investors.
These states may permit home delivery of liquor through online platforms like Swiggy, Zomato: Report
Jul 17, 2024, at 04:24 am
New Delhi: States such as New Delhi, Karnataka, Haryana, Punjab, Tamil Nadu, Goa, and Kerala are exploring pilot projects to allow home delivery of liquor through online platforms like Swiggy, BigBasket, Zomato, and its Blinkit quick-commerce arm, according to an Economic Times report.
Zepto raises $665 million in funding, company value goes up to $3.6 billion
Jun 21, 2024, at 10:12 pm
Quick-commerce company Zepto on Friday announced it has secured $665 million in a funding round, which has doubled its valuation to $3.6 billion, media reported.
Blinkit's revenue jumps 207% to Rs 724 cr in FY23, loss widens to Rs 1,190 cr
Oct 20, 2023, at 07:58 am
Mumbai: Blinkit reported a substantial surge in revenue from operations, marking a 207 percent increase to Rs 724 crore. This follows its transition to quick commerce in December 2021 and subsequent acquisition by Zomato.
Zomato likely to call board meeting to approve Blinkit buyout: Report
Jun 07, 2022, at 09:18 pm
Mumbai: Food aggregator platform Zomato may call a board meeting on June 17 to approve the buyout of quick commerce company Blinkit, formerly known as Grofers, media reports said.