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 […]
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 […]
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.
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 […]