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Zomato narrows losses with one-time gain, revenues jump 82%

Consumer

10 February, 2022

Zomato narrows losses with one-time gain, revenues jump 82%

Ant Group-backed food aggregator platform Zomato Ltd has sharply narrowed its consolidated losses to Rs 67.2 crore in the third ......

Zomato-backed Shiprocket invests in logistics SaaS platform Logibricks

TMT

04 February, 2022

Zomato-backed Shiprocket invests in logistics SaaS platform Logibricks

Zomato Ltd-backed e-commerce shipping and enablement firm Shiprocket, operated by BigFoot Retail Solutions Pvt Ltd, has invested $1.5 million in Logibricks Technologies Pvt Ltd, a (software-as-a-service) SaaS ......

Zomato CEO Deepinder Goyal sells own stake in Blinkit to Tiger Global

Consumer

03 February, 2022

Zomato CEO Deepinder Goyal sells own stake in Blinkit to Tiger Global

Deepinder Goyal, online food aggregator and delivery platform Zomato’s Co-founder and Chief Executive Officer, has sold his personal stake in Blinkit, formerly known as Grofers, to ......

Zomato to set up NBFC, invests in two more startups amid plunge in stock

Finance

28 January, 2022

Zomato to set up NBFC, invests in two more startups amid plunge in stock

Online food delivery aggregator Zomato Ltd will set up a wholly-owned non-banking finance company (NBFC) and invest in two more ......

Tiger Global-backed Classplus ropes in Gaana.com's exec to lead finance ops

People

25 January, 2022

Tiger Global-backed Classplus ropes in Gaana.com's exec to lead finance ops

Classplus, a Tiger Global Management-backed software as a service (SaaS) platform that digitises offline coaching institutes, on Tuesday said it has onboarded music ......

‘We don't have much to worry about except execution,' Zomato CEO tells staff as stock plunges

People

24 January, 2022

‘We don't have much to worry about except execution,' Zomato CEO tells staff as stock plunges

Zomato is adequately capitalised and employees do not need to worry about anything except execution, Deepinder Goyal, Zomato’s Co-founder and Chief Executive Officer ......

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Global sell-off triggers correction in newly-listed Indian tech start-ups

TMT

24 January, 2022

Global sell-off triggers correction in newly-listed Indian tech start-ups

Eight start-ups that listed on the Indian bourses last year have each seen their market capitalization decline by at least ......

Premium
Indian technology startups come of age in 2021 with big-bang IPOs

TMT

21 December, 2021

Indian technology startups come of age in 2021 with big-bang IPOs

When online food delivery firm Zomato filed for its $1.11 billion initial public offering (IPO) in April, the second covid ......

India Inc records 199 deals worth $3.5 bn in November; volumes increase 34%

General

15 December, 2021

India Inc records 199 deals worth $3.5 bn in November; volumes increase 34%

India Inc witnessed 199 deals worth $3.5 billion in November, an 34% increase compared to November 2020, according to the ......

Zomato further strengthens its leadership with new appointments

People

14 December, 2021

Zomato further strengthens its leadership with new appointments

Foodtech major, Zomato Ltd., has further strengthened its leadership team and appointed a new chief sustainability officer (CSO) as well ......