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4 mins read
From 0 to $100 million in 5 years – That’s how long startups founded in 2017 took to scale up, says Redseer report
The average time taken by startups to reach revenue of $100 million has gone down significantly in …
3 mins read
Zomato, BharatPe, Nykaa and more: the revolving door for top execs at new age companies
New age companies in India have been hit by a flurry of exits by top executives, leaving them scurr…
3 mins read
Zomato’s path to profitability in the next three years requires two things, say analysts
$ZOMATO.NSE Zomato delivers the food on time, But no good returns to its holders, structure at mo…
4 mins read
Deepinder Goyal, Akshant Goyal — here is how much Zomato’s dream team earned since October 2021
Zomato’s founder and CEO Deepinder Goyal received shares worth ₹387 crore under the employee stock …
4 mins read
BYJU’s, Zomato, Dream11 among India’s most valuable PE/VC-funded companies as per Hurun
The second edition of the Burgundy Private Hurun India 500 report featured India’s 500 most valuabl…
2 mins read
Sequoia Capital offloads 2% of its stake in Zomato
Top VC firm Sequoia Capital India has sold 17.2 crore shares of Zomato in two tranches in the open …
2 mins read
Millions of Android devices prone to hacking due to GPU bug: Google
Google researchers have warned that millions of Android smartphones are prone to hacking due to a b…
4 mins read
Deepinder Goyal donates his Zomato stock options worth ₹700 crore to offer free education for delivery partners’ children and more
Zomato founder and chief executive officer (CEO) Deepinder Goyal on Friday (May 6) announced that h…
2 mins read
Zomato's 10-minute delivery fails to cheer stock market investors
While netizens discuss the pros and cons of Zomato’s latest decision to enter 10-minute delivery se…
2 mins read
Swiggy denies exodus of high-end cafes, restaurants amid deep discounting concerns
A Swiggy spokesperson told IANS that Swiggy Dineout works with over 15,000 restaurant partners on t…
2 mins read
Zomato, Paytm, Nykaa and others spent ₹6,000 crore on their employees last year
Zomato, Paytm, Nykaa, Delhivery and PolicyBazaar have cumulatively spent close to ₹6,000 crore on e…
4 mins read
Info Edge has lost over $1.2 billion on its investment in Zomato, PolicyBazaar
Sanjeev Bhikchandani-led Info Edge has lost ₹9,491 crore ($1.2 billion) in its investment in tech s…
2 mins read
Zomato’s Deepinder Goyal joins Urban Company's board
Deepinder Goyal — the founder and chief executive officer (CEO) of restaurant aggregator business Z…
1 min read
Over 32K tech workers fired in US, more than 11K in India this year
More than 32,000 tech workers have been laid off in the US till July this year, including at Big Te…
5 mins read
As Zomato, Paytm and new-age start-ups struggle at bourses, their unlisted peers stare at funding winter
It has been a tough year for India’s new-age start-ups as shares of recently listed companies like …
2 mins read
Cult.fit’s parent company Curefit is the 36th unicorn in town
Health and wellness startup Curefit is the 36th startup to enter the unicorn club, after raising $5…
2 mins read
Zomato founder Deepinder Goyal sells all his shares in Blinkit to Tiger Global
Thanks @TVMohandasPai for raising an important question. Please see the attached note – hopefully, …
3 mins read
The sequence of events leading up to the exit of Gaurav Gupta from Zomato
Zomato’s initial public offering (IPO) was the watershed moment of the Indian startup ecosystem, pa…
2 mins read
Zomato and Swiggy are best food delivery apps in the world, says Zomato’s CEO
Deepinder Goyal said that Zomato and Swiggy are two of the best food delivery apps in the world.
1 min read
2021 could finally be the year of India’s tech IPOs as startups like Zomato, Delhivery, Policybazaar head for the public markets
The blockbuster IPO debuts like that of Mrs Bector, Burger King, Happiest Minds in the Indian stock…