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2 mins read

India's M&A deal value surges 66% in 2024, bucks global trends of just 10% uptick in value

India is outpacing this trend with a 66% surge in M&A activity, as compared to a 5% decline noticed…

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1 min read

Zomato completes acquisition of Paytm's entertainment and ticketing business

Food delivery company Zomato has completed the acquisition of Paytm subsidiaries WEPL and OTPL for …

ANI   


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Diwali gift from Zomato – Platform fee increased to ₹10 ahead of the festive season

The festive season is here and you are more likely to order food and sweets from apps like Zomato a…

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Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal

Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…

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3 mins read

Zomato to acquire Paytm's entertainment ticketing business for Rs 2,048 crore

Zomato has acquired Paytm's entertainment ticketing division for Rs 2,048 crore. The move, includin…

PTI   


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4 mins read

Scheduled food orders to using drones: Zomato experiments that made headlines

Zomato has never really shied away from experimenting in the past. The food delivery giant recently…

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Zomato will absorb around 280 Paytm employees, CEO Deepinder Goyal says

Zomato recently acquired Paytm's entertainment and ticketing business for Rs 2,048 crore in an all-…

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Paytm stocks rise over 2 percent after selling entertainment ticketing business to Zomato

One97 Communications, the owner of Paytm, saw its shares rise by more than 2% after announcing the …

PTI   


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1 min read

Zomato posts Q4 consolidated net profit at ₹175 crore

Consolidated revenue from operations stood at Rs 3,562 crore. It was Rs 2,056 crore in the year…

PTI   


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4 mins read

The street is not 'Blinking' on Zomato anymore

Zomato has delivered more than profits to the table in the first quarter. It’s a rare new-age compa…

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Ashneer Grover blames Zomato's Blinkit acquisition for its share price fall

Former BharatPe Co-founder and managing director Ashneer Grover said on Tuesday that Zomato should …

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7 mins read

A billion little pieces: Unicorns lose bragging rights as funding winter deepens

A unicorn, by its very definition, is a rare creature only to be found in myths and fairytales. Not…

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1 min read

Swiggy initiates ESOP liquidity worth $23 million, all employees now eligible

Swiggy announced the next round of ESOP liquidity to be held in July 2023. This enables emplo…

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4 mins read

Zomato's cost control efforts are hurting the startup: Strike at Blinkit to hurt revenues by 1%

Zomato is in the news for its efforts to control costs and achieve breakeven – it’s increasing the …

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4 mins read

Shinier Zomato Gold, better commissions makes analysts bullish in the long term

Zomato’s stock has been under the pump in 2023, declining by over 12% while the benchmark Nifty50 i…

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Zomato launches home-style cooked meal delivery service, starts ₹89

Online food delivery platform Zomato on Wednesday said it will deliver fresh homely meals crafted w…

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2 mins read

Swiggy's losses jump 2X to ₹3,629 crore in FY22, layoffs coming

Online food delivery platform Swiggy's losses doubled to ₹3,629 crore in FY22 compared to ₹1,617 cr…

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2 mins read

Zomato, Blinkit will cross-leverage each other's customer base soon, says Deepinder Goyal

Once the Rs 4,447 crore (about $568 million) acquisition of Blinkit is closed, Zomato will experime…

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4 mins read

SIMPLY PUT: “Zomato’s delivery charges are more than its stock price”

And the one equity research firm which stood behind the company was also trolled. Brutal times…

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3 mins read

Swiggy’s Instamart is a success but a grocery entry can become Zomato’s ‘poison pill’ says report

Zomato is again trying its hand at something that it has failed twice at – grocery delivery. This t…