Zomato

Swiggy Q2FY25: Revenue rose to ₹3,601.45, Instamart showed strong performance

Swiggy’s Instamart showed strong performance, delivering over 32,000 unique items across 54 cities with an average delivery time of 13 minutes.

Ensuring freshness, safety in online food deliveries

The Food Safety and Standards Authority of India (FSSAI) has recently mandated that all food items sold online must have a minimum remaining shelf life of 30% or 45 days upon delivery. This decision addresses growing concerns about the quality and safety of food products delivered through e-commerce platforms, ensuring that consumers receive fresh and […]

All is well with Zomato

Swiggy has filed a draft red herring prospectus (DRHP) to raise USD 1.2bn (offer for sale [OFS] and fresh issue) via the IPO route on September 26, 2024; we have tried to assess business growth prospects of food and quick commerce (qCommerce), and its impact on Zomato (ZOMATO IN, Buy, CMP: INR 282, TP: INR […]

Tainted payment co PaytM sells ticketing biz to Zomato for Rs2000 cr

The parent company of Paytm, One 97 Communications Limited (OCL), has announced the sale of its entertainment ticketing business to Zomato for ₹2,048 crore.

Zomato turns 16: Founder Deepinder Goyal celebrates with school kids

NEW DELHI: Zomato turned 16 years old and had a heartfelt celebration. Founder and CEO Deepinder Goyal, joined by his wife Grecia Munoz and Albinder Dhindsa, CEO of Blinkit, a company under the Zomato umbrella, commemorated the occasion with a touching gesture. The festivities began at a Zomato Feeding India-supported school, where Goyal, Munoz, and […]