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Zomato pockets $100-mn cheque from Tiger Global

TMT

10 September, 2020

Zomato pockets $100-mn cheque from Tiger Global

Food delivery company Zomato Media Pvt. Ltd has raised $100 million (Rs 760 crore) from US-based investment firm Tiger Global ......

Zomato secures $62 mn in fresh funding from Temasek

TMT

02 September, 2020

Zomato secures $62 mn in fresh funding from Temasek

Food delivery company Zomato Media Pvt. Ltd has raised $62 million (Rs 454.34 crore at current exchange rates) in funding ......

Swiggy lays off 1,100 employees as lockdown saps food delivery business

TMT

18 May, 2020

Swiggy lays off 1,100 employees as lockdown saps food delivery business

Food delivery company Swiggy said on Monday it is laying off 1,100 employees as the coronavirus pandemic and a nationwide ......

Zomato to lay off 13% staff, cuts pay as lockdown hurts delivery biz

TMT

15 May, 2020

Zomato to lay off 13% staff, cuts pay as lockdown hurts delivery biz

Zomato Media Pvt. Ltd will lay off 13% of its workforce and slash the salaries of all its employees, as ......

Zomato targets push into alcohol deliveries to cash in on lockdown

TMT

07 May, 2020

Zomato targets push into alcohol deliveries to cash in on lockdown

Indian food delivery company Zomato aims to branch out into delivering alcohol, according to a document seen by Reuters, as ......

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Cloud kitchen Loyal Hospitality gets new overseas investors as Zomato exits

TMT

11 February, 2020

Cloud kitchen Loyal Hospitality gets new overseas investors as Zomato exits

Bengaluru-based Loyal Hospitality Pvt. Ltd, which provides kitchens for restaurants, has raised Series B funding from new investors in a ......

Uber sees profit by end of 2020, but still expects full-year loss

TMT

07 February, 2020

Uber sees profit by end of 2020, but still expects full-year loss

Uber Technologies Inc on Thursday moved forward by a year its target to achieve a measure of profitability to the ......

Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho

General

12 August, 2019

Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho

Chinese e-commerce giant Alibaba's fintech affiliate Ant Financial, which is a key shareholder in Zomato Media Pvt. Ltd, may specify ......

Growth equity firm Glade Brook Capital invests in Zomato

TMT

06 February, 2019

Growth equity firm Glade Brook Capital invests in Zomato

Zomato has brought a new investor on board as the food-tech unicorn builds a war chest to take on fast-growing ......

Alibaba's payment affiliate invests $210 mn more in Zomato

TMT

12 October, 2018

Alibaba's payment affiliate invests $210 mn more in Zomato

Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd is raising $210 million (Rs 1,500 crore) from Chinese ......