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India's quick-commerce frenzy is unsustainable: TVS Capital's Srinivasan

Finance

14 February, 2025

India's quick-commerce frenzy is unsustainable: TVS Capital's Srinivasan

India's quick-commerce frenzy, which has boosted the fortunes of delivery firms such as Zomato and SoftBank-backed Swiggy, is not sustainable ......

Food delivery platform Zomato to rebrand as 'Eternal', unveils new logo

TMT

06 February, 2025

Food delivery platform Zomato to rebrand as 'Eternal', unveils new logo

Indian food and grocery delivery platform Zomato said on Thursday it will rename the company to "Eternal" and unveiled a ......

Zomato, Policybazaar backer Info Edge raising new fund

Finance

05 February, 2025

Zomato, Policybazaar backer Info Edge raising new fund

Info Edge (India) Ltd, which actively invests in startups and counts food delivery company Zomato and insurance aggregator Policybazaar among ......

Swiggy Q3 loss widens as competition fuels investment surge

TMT

05 February, 2025

Swiggy Q3 loss widens as competition fuels investment surge

India's Swiggy reported a wider quarterly loss on Wednesday, as the online platform poured money into its quick commerce business ......

Sensex succumbs to uncertainty over Trump's tariff plans; Zomato slumps over 10%

Markets

21 January, 2025

Sensex succumbs to uncertainty over Trump's tariff plans; Zomato slumps over 10%

India's shares fell on Tuesday due to uncertainty over Donald Trump's plans for India after the U.S. President announced trade tariffs on ......

Zomato's Q3 profit tumbles as store ramp-ups take a toll

TMT

20 January, 2025

Zomato's Q3 profit tumbles as store ramp-ups take a toll

India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased ......

Premium
Flashback 2024: Top technology deals of the year

TMT

27 December, 2024

Flashback 2024: Top technology deals of the year

India’s technology sector revealed a contrasting pattern in 2024, with venture capital and private equity investments favoring consumer tech, while IT services ......

Govt orders Zomato to pay $95 mn in taxes, fines

TMT

13 December, 2024

Govt orders Zomato to pay $95 mn in taxes, fines

India's tax department has ordered Zomato to pay 8.04 billion rupees ($94.8 million) in taxes and fines for non-payment of ......

Premium
Quick commerce unicorn Zepto set to see another $100-mn-plus transaction

TMT

09 December, 2024

Quick commerce unicorn Zepto set to see another $100-mn-plus transaction

Quick commerce startup Zepto, which sealed a $350 million round bankrolled by domestic investors including several family offices just weeks ......

Swiggy posts narrower Q2 loss on quick commerce growth

TMT

03 December, 2024

Swiggy posts narrower Q2 loss on quick commerce growth

Indian food and grocery delivery firm Swiggy reported a narrower quarterly loss on Tuesday as the newly listed company saw ......

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