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VC-backed Kitchens@ buys Swiggy's cloud kitchens after snapping Zomato's ZIS

TMT

02 March, 2023

VC-backed Kitchens@ buys Swiggy's cloud kitchens after snapping Zomato's ZIS

Food delivery aggregator Swiggy has sold its cloud kitchen business to Beenext-backed Loyal Hospitality Pvt. Ltd, which operates cloud kitchen ......

Deepinder Goyal steps down from Urban Company board as Blinkit may enter home services space

TMT

01 March, 2023

Deepinder Goyal steps down from Urban Company board as Blinkit may enter home services space

Zomato's co-founder and chief executive officer Deepinder Goyal has resigned from the board of Urban Company as the Zomato's owned ......

Zomato presses for home-style meals in a revival push

TMT

22 February, 2023

Zomato presses for home-style meals in a revival push

Zomato on Wednesday rolled out a new offering under which the food aggregator will deliver its users affordable and home-cooked ......

Zomato's CEO plays down impact of top-level exits

TMT

14 February, 2023

Zomato's CEO plays down impact of top-level exits

Food delivery platform Zomato's founder and chief executive officer Deepinder Goyal on Tuesday shared an official statement on Twitter to ......

Alibaba sells entire stake in Paytm, MS buys it partially

Finance

10 February, 2023

Alibaba sells entire stake in Paytm, MS buys it partially

China’s Alibaba Group sold its entire 3.4% stake in One97 Communications, the parent of Indian payments firm Paytm, in a ......

Premium
Deals Digest: Small deals lead funding race this week

TMT

10 February, 2023

Deals Digest: Small deals lead funding race this week

Small-sized deals took the front seat this week as funding activity rebounded after a brief lull amid announcement of the ......

Zomato's loss widens 4.5x in Q3 amid slowdown in food delivery biz

Consumer

09 February, 2023

Zomato's loss widens 4.5x in Q3 amid slowdown in food delivery biz

Food delivery aggregator Zomato reported a four-fold increase in its net loss from Rs 63.2 crore to Rs 346.6 crore ......

Zomato's dining head steps down to join Kenko Health

People

07 February, 2023

Zomato's dining head steps down to join Kenko Health

Zomato’s global dining business head Aman Priyadarshi, who quit the online food delivery firm last month, has joined Kenko Health ......

Zomato sees fourth high profile exit in two months

Consumer

02 January, 2023

Zomato sees fourth high profile exit in two months

Food delivery aggregator Zomato co-founder and chief technology officer Gunjan Patidar resigned from his position on Monday, in the fourth ......

SoftBank-backed Swiggy's FY22 loss doubles

Finance

02 January, 2023

SoftBank-backed Swiggy's FY22 loss doubles

Bundl Technologies Pvt. Ltd, which runs food delivery platform Swiggy, widened its loss on the back of rising expenses.   The ......