Page 21 - Zomato

Will roll back 'Pure Veg mode' in case of negative result: Zomato CEO

After facing a backlash online from a section of people over the launch of the "Pure Veg Mode" service, Zomato CEO Deepinder Goyal on Tuesday said the food delivery platform will "roll it back in a heartbeat" in case there is a negative social repercussions. In a long late night post on X, Goyal also sought to allay concerns that Zomato's regular fleet may be barred by some societies and RWAs. "There's an opinion that some societies and RWAs will now not let our regular fleet in. We will stay alert for any such cases and work with these RWAs to not let this happen. "We understand our social responsibility due to this change, and we will not back down from solving it when the need arises," he said. "Please note that this Pure Veg Mode, or the Pure Veg Fleet doesn't serve or alienate any religious, or political preference," he clarified. Goyal elaborated upon the reason behind introduction of the company's "Pure Veg Mode" service. "But why did we need to separate the fleets? Becaus

Deepinder Goyal launches 'Pure Veg Mode' to woo vegetarian customers

Zomato founder and chief executive officer Deepinder Goyal on Tuesday announced the launch of a 'Pure Veg Mode' along with a 'Pure Veg Fleet'

Zomato launches 'pure veg mode' to woo vegetarian customers: All details

Food delivery company Zomato announced the launch of a special feature - 'pure veg mode' - that will include restaurants that only serve veg food

Jefferies: L&T and Zomato among 11 stocks expected to double or triple in 5 years

Jefferies has released a list of 11 stocks expected to give 15-25% CAGR returns over the next 5 years. Watch the video to know which company’s shares made it to the list.

Blinkit may become bigger than Zomato's food biz in 1 year: Deepinder Goyal

Meanwhile, food delivery at the end of Q3 FY24 had a revenue of Rs 2,025 crore, and Blinkit clocked Rs 644 crore

Flipkart's quick-commerce foray: Will Zepto and Blinkit feel the pinch?

Flipkart's ecommerce advantage might not come into play in quick commerce all that quickly

Innovating constantly driving next versions of our biz: Zomato CEO Goyal

Zomato CEO Deepinder Goyal on Monday said the company's culture of embracing disruption and being paranoid in order to evolve and stay ahead, is driving innovation in its business. He hinted that in one year's time Blinkit could be bigger than Zomato. Goyal - who is counted among India's growing tribe of celebrity founders - said the mantra for Zomato is "how do we disrupt our own businesses" and not become complacent. Speaking at the Startup Mahakumbh event, Goyal said "Zomato has a business plan competition going within the company, which is going to offer funds to a small team which will disrupt the businesses that we are in, and that could lead to Zomato version 5 or Blinkit version 2." Blinkit - the quick commerce platform - itself is part of Zomato 'version 4' he said, adding "in one year's time Blinkit could be bigger than Zomato, so I don't know how long Zomato will have its own relevance." During a fireside chat with Info Edge founder Sanjeev Bikhchandani, Goyal said the

Entrepreneurs should be driven by Passion, not money, says Zomato CEO

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

IRFC, Zomato, Voda Idea: Strategies for most actively traded stocks

As of 10 AM on Friday, Yes Bank, Voda Idea, IRFC, NHPC and Tata Steel were the top traded stocks among the Nifty 200 index. Here's a technical outlook on the select shares.

Flipkart planning to unveil quick commerce service in a couple of months

According to industry sources, 15-20 minute deliveries provided by players such as Zepto, Instamart and Blinkit are taking a major portion of the sales of products away from Flipkart and Amazon

Stocks to watch: Infosys, LIC, NLC India, Mukka Proteins, Zomato

Stocks to track on March 07, 2024: Mukka Proteins is set to make its stock market debut on Thursday at an issue price of Rs 28 per share

China's Antfin offloads 2.1% of Zomato stake worth $341.5 million

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

Sensex ends atop 74,000, Nifty 22,450 for 1st time; Smallcap index down 2%

Stock market highlights on March 6, 2024: The BSE benchmark hit a record high of 74,151, while the Nifty50 claimed 22,497 intraday

Stocks to watch: Wipro, JM Financials, JSW Energy, NHPC, Zomato, Aavas Fin

Stocks to watch on 06, March, 2024: Wipro is set to acquire a 27 per cent stake in SDVerse LLC, aiming to enhance its leadership in software-defined vehicle and cloud car engineering services.

Will Zomato see block deals today, March 6? Check here

China's Ant Group's arm Antfin Singapore Holdings Pte is likely to sell up to 2 per cent stake (176.4 million shares) in Zomato

Zomato plans D2C expansion of Blinkit to compete with ecommerce giants

This ambitious endeavour would involve building a dedicated supply chain infrastructure to directly source branded products and manage inventory, to compete with giants like Amazon and Flipkart

From Delhivery to Zomato, Q3 sees startups turn a profitable corner

Startups like Delhivery, Zomato, PolicyBazaar, Mamaearth, and Nykaa have either become profitable or improved their profit margins in Q3FY24

Zomato zooms 5%, nears record high after CLSA raises target price by 22%

CLSA maintained its 'buy' rating on Zomato and lifted the target price from Rs 181 to Rs 227 per share.

Blinkit introduces 'Single Mode' for solo shoppers ahead of Valentine's Day

New feature caters to both singles and couples with curated product selections and an on/off button to switch between the two

Man gets kebab in Gurugram from Lucknow in less than 30 mins, sues Zomato

The petitioner urged the court to restrain Zomato from continuing the services under 'Zomato Legends'