Zomato CEO Deepinder Goyal took to social media platform 'X' where he shared the update, revealing that over 250,000 orders were already placed by the time it was 11 am
Swiggy Instamart saw an 1400% increase in the searches for aerators on its platform since BWSSB's mandate for the installation of aerators in commercial establishments
Looking at the numbers revealed as part of Zomato's results, Blinkit is working out better than "just fine". It turned operationally profitable in March, and there is more
Q4 FY 24 results: Zomato is expected to deliver strong earnings growth in the fourth quarter of the financial year 2023-24
Domino's initiated a lawsuit for trademark infringement against 13 restaurants operating names such as 'Dominic Pizza', 'and Dominek's Pizza', among others
Food aggregator Zomato has launched a crowd-supported weather infrastructure network consisting of 650 on-ground stations to provide real-time information on key parameters such as temperature and rainfall, its co-founder and CEO Deepinder Goyal said on Wednesday. The network, weatherunion.com, provides localised, real-time information on key weather parameters such as temperature, humidity, wind speed and rainfall, among others, Goyal said. In a post on micro-blogging platform X, Goyal said that weatherunion.com, which is presently available in 45 large cities, shall be expanded to other Indian cities "very soon". "At Zomato, it was crucial for us to have access to precise and real-time weather information to make the right business decisions to serve our customers better. Hence, we took it upon ourselves to develop a solution capable of empowering us on this front," Goyal stated. He also informed that a lot of Zomato employees have hosted weather stations at their homes. "As we
Online food delivery platform Zomato has received a tax demand and penalty order of Rs 11.82 crore related to GST on export services provided to its subsidiaries located outside India from July 2017 to March 2021. The order was passed by the Additional Commissioner, Central Goods and Services Tax, Gurugram, raising the GST demand of Rs 5,90,94,889, with applicable interest (not quantified) and penalty of Rs 5,90,94,889. "We believe that we have a strong case on merits, and the company will be filing an appeal against the order before the appropriate authority," Zomato stated in a regulatory filing late evening on Friday. It informed that the demand order has been received, "confirming demand of GST on export services provided by the company to its subsidiaries located outside India during the period July 2017 to March 2021 by upholding that such services do not fulfil the conditions for the supply to qualify as export of service under GST". "The company, in its response to the show
The nearly 260% surge in Zomato since last April has made it difficult for consensus to keep up, but expectations continue to rise
Cities such as Mumbai, Hyderabad, Kolkata, Lucknow, Bhopal, and Meerut saw a drastic increase in orders placed for Iftar sweet dishes, including Malpua, Dates, and Phirni during Ramzan
Responding to backlash, on Tuesday night, Goyal clarified that the pure veg fleet 'doesn't serve or alienate any religious, or political preference.'
Zomato had earlier announced an exclusive "pure veg mode" and "pure veg fleet" for its vegetarian customers but scrapped the colour-based fleet plan after a social media backlash
Food delivery company Zomato announced the launch of a special feature - 'pure veg mode' - that will include restaurants that only serve veg food
Meanwhile, food delivery at the end of Q3 FY24 had a revenue of Rs 2,025 crore, and Blinkit clocked Rs 644 crore
Zomato CEO Deepinder Goyal on Monday advised entrepreneurs to be led by passion and drive while building the company of their dreams, and cautioned that starting a venture with the sole desire of making money won't work and may lead to "bad governance calls". Speaking at the Startup Mahakumbh event, Goyal spoke candidly about how his own company prefers to be always paranoid to stay ahead. Complacency should not kick at any point of time, he asserted. "I see a lot of founders starting a lot of companies, and I ask them why did you start this company, and the answer is 'I want to make a lot of more money'...I don't think that works because that leads to bad governance calls... that's not the purpose with which you should start a company," he said while addressing a packed hall. He advised aspiring and new entrepreneurs, "You should be so passionate about something, you should be willing to risk your life for it, only then you are able to build a company of your dreams " "That's the
Swiggy Instamart and Zomato-owned Blinkit currently do not charge a platform fee for their grocery orders
New valuation is above the $11 billion IPO valuation target that Swiggy is eyeing
The stake sale comes amid tensions between Beijing and New Delhi over issues ranging from border disputes to India's increasing scrutiny of Chinese businesses and investment
Despite having raised approximately $500 million to date, Dunzo has faced increased competition in the hyperlocal delivery segment
New feature caters to both singles and couples with curated product selections and an on/off button to switch between the two
A court here has issued a summons to food delivery app Zomato in a civil suit seeking a restraining order against the company from continuing its services allowing users to order "hot and authentic food" from "iconic restaurants" across the national capital. The court was hearing a plea filed by a Gurugram resident, which claimed Zomato was engaging in the "false and fraudulent" practice of delivering fresh food from well-known restaurants under its sub-category, 'Dilli ke Legends'. In an order passed recently, Civil Judge Umesh Kumar said, "Issue summons of the suit and notice of application." According to the plea, Sourav Mall placed an order on October 24 last year, from three different eateries in Jama Masjid, Kailash Colony and Jangpura, following which he tracked the delivery partner and found that the order was picked from the "unknown and unnamed" place and not from the original restaurant. "Why was the food picked up from a nearby location when there is no branch of the ..