Nov 11, 2024, at 09:56 pm
New Delhi/IBNS: Zomato recently introduced a new feature called "Food Rescue" that lets users purchase cancelled food orders at a discount, a move aimed at reducing food waste.
Food Rescue: Zomato introduces new feature to reduce food wastage
Nov 11, 2024, at 09:53 pm
New Delhi/IBNS: India's leading multinational restaurant aggregator and food delivery company Zomato has launched a new feature called "Food Rescue," which allows users to purchase cancelled food orders at a discounted price to help reduce food waste.
Swiggy, Zomato flouted competition laws, CCI finds in probe: Report
Nov 09, 2024, at 01:06 am
New Delhi: An investigation by India’s Competition Commission (CCI) found that major food delivery companies Zomato and SoftBank-backed Swiggy violated competition laws through practices that favoured specific restaurants on their platforms, according to confidential CCI documents.
Insider founder-CEO and Paytm CPO Shreyas Srinivasan quits after Zomato deal
Nov 05, 2024, at 08:47 pm
New Delhi/IBNS: Shreyas Srinivasan on Monday (Nov. 4) resigned as Chief Product Officer and Head of Consumer Products at Paytm, following the sale of Paytm’s entertainment and live ticketing platform, Insider.in, to the food-delivery giant Zomato.
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.
Zomato plans to raise Rs 8,100 cr via QIP: Report
Oct 23, 2024, at 04:33 am
Mumbai: Food aggregator Zomato, which announced a massive 388% YoY Q2FY25 net profit on Tuesday, revealed plans for a qualified institutional placement (QIP) to raise additional funds, reinforcing the bullish sentiment from brokerages, media reports said.
Zomato Q2fy25 net profit jumps 389% YoY to Rs 176cr
Oct 22, 2024, at 11:13 pm
Mumbai: Online food delivery giant Zomato Ltd reported a massive 389% year-on-year surge in consolidated net profit for the second quarter of FY25, reaching Rs 176 crore, media reports said.
Zomato's upcoming fund raise plan worth Rs 8,500 crore likely to get board nod: Report
Oct 18, 2024, at 08:39 pm
New Delhi/IBNS: Leading Indian multinational restaurant aggregator and food delivery company Zomato is expected to approve a fund raise of Rs 8,500 crore, CNBC-TV18 reported citing insider sources.
Oct 15, 2024, at 06:58 pm
New Delhi/IBNS: Gunjan Tilak Raj Soni, the independent director of Indian multinational restaurant aggregator and food delivery company Zomato, has resigned from her position effective immediately due to increasing work commitments.
Zomato co-founder and CPO Akriti Chopra resigns with immediate effect
Sep 28, 2024, at 07:46 pm
New Delhi/IBNS: Zomato co-founder and Chief People Officer (CPO) Akriti Chopra has resigned from her position, ending a 13-year tenure with the company, reports said.
Video showing luxury cars parked at Blinkit and Zomato's Gurugram offices goes viral
Sep 17, 2024, at 09:07 pm
Gurugram/IBNS: A video showing a fleet of luxury cars parked outside the Zomato and Blinkit headquarters in Gurugram has gone viral on social media.
Food delivery platform Zomato partners with IRCTC to provide food on train
Sep 14, 2024, at 05:36 am
Mumbai: Food delivery platform Zomato has partnered with the Indian Railway Catering and Tourism Corporation (IRCTC) to launch its new service, 'Zomato - Food Delivery in Trains', media reports said.
Zomato Q1FY25 net profit grows multifold to Rs 253 cr; share prices soar
Aug 03, 2024, at 01:21 am
Mumbai: Zomato's net profit soared 126.5 times to reach Rs 253 crore in the April-June quarter (Q1) compared to the same period last year, 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 CEO Deepinder Goyal marries Mexican entreprenuer Grecia Munoz: Reports
Mar 22, 2024, at 08:03 pm
Zomato CEO Deepinder Goyal has tied the knot with Mexico-born model-turned-entrepreneur Grecia Munoz, media reports said.
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 says 'not liable' to pay any tax on delivery charges in response to GST notice
Dec 28, 2023, at 06:36 pm
Food delivery giant Zomato has said it is "not liable" to pay any tax on delivery charges responding to a notice served by the Directorate General of Goods and Services Tax Intelligence (DGGI).
SoftBank offloads 1.1% stake in Zomato for Rs 1,125 cr
Dec 09, 2023, at 08:12 am
Mumbai: VF Growth (Singapore) Pte Ltd, the venture capital fund affiliated with Japan's Softbank, has completed its exit from food delivery company Zomato, through open market transactions conducted on Friday, media reports said.
SoftBank to divest stake in Zomato via block deal
Dec 08, 2023, at 09:37 pm
Mumbai: Japanese investment holding firm SoftBank is aiming to divest a 1.1% share in the Indian food delivery service Zomato through a block deal valued at 11.28 billion rupees ($135.36 million), as per sources cited by CNBC-TV18 on Thursday.
Taxman slaps GST demand of Rs 750 cr on Swiggy and Zomato
Nov 23, 2023, at 05:14 am
The Directorate General of GST Intelligence has sent Goods and Services Tax (GST) demand notices to the food aggregators Zomato and Swiggy, media reports said on Wednesday.
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
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.
SoftBank to sell 1.17% stake in Zomato for Rs 940 cr: Report
Aug 30, 2023, at 05:42 am
Mumbai: SoftBank Vision Fund (SVF Global) is reportedly planning to sell a 1.17 percent stake in food delivery giant Zomato for Rs 940 crore (approximately $126 million) through a block deal, media reports said.
TVS Motor Company inks deal with Zomato to accelerate last mile green deliveries
Jun 28, 2023, at 10:16 pm
Bangalore: Two-wheeler maker TVS Motor Company on Wednesday announced a strategic association with the food ordering and delivery platform, Zomato.
Zomato co-founder Gunjan Patidar quits
Jan 03, 2023, at 09:21 pm
Bengaluru: Online food delivery platform Zomato Limited on Monday said its Co-Founder and Chief Technology Officer Gunjan Patidar has resigned from the post.
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.
Logistics startup Shiprocket enters unicorn club with Rs 259 cr fundraise
Aug 18, 2022, at 11:17 pm
Mumbai: Zomato-backed logistics startup Shiprocket has raised Rs 259 crore in an extended Series E round at a post-money valuation of Rs 9,815 crore (around $1.2 billion), Moneycontrol reported citing company filings with the Ministry of Corporate Affairs (MCA).
Jio-bp to power Zomato’s EV journey
Jun 17, 2022, at 02:24 am
Mumbai: Jio-bp - a fuels and mobility joint venture between RIL and bp - and food delivery platform Zomato, announced Wednesday that they have entered an agreement to support Zomato’s commitment towards The Climate Group’s EV100 initiative of a 100% EV fleet by 2030.
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.
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.