Page 5 - Zomato

Zomato founder buys apartment for ₹52.3 cr in DLF Camellias in Gurugram

Zomato founder Deepinder Goyal has bought a nearly 11,000 sq ft apartment in DLF's ultra luxury project in Gurugram for Rs 52.3 crore, according to Zapkey. Goyal, who co-founded food delivery platform Zomato, bought this apartment in 'DLF Camellias' project from DLF Ltd in August 2022. The registration of this property has been done in March this year, as per the Zapkey, which has seen and reviewed the registration document. Goyal bought an apartment, having 10,813 square feet super built up area, in 'DLF Camellias' project on Golf Course Road, DLF phase-5 for Rs 52.3 crore, Zapkey said. According to market experts, the value of this property is now between Rs 125 crore and Rs 150 crore. In Gurugram, housing prices have surged significantly in the last three years. Many industrialists and top executives have bought apartments in the DLF Camellias project. After the success of DLF Camellias project, DLF Ltd has launched another ultra luxury project 'The Dahlias' at same location.

Stocks to Watch Today, July 7: IndusInd Bank, RVNL, Nykaa, UltraTech Cement

Stocks to Watch today, July 7, 2025: Dabur, Senco Gold, Tata Steel, Utkarsh Small Finance Bank, Ultratech Cement, and Jubilant Foodsworks are some of the top stocks to watch today

Eternal appoints Aditya Mangla as CEO of food ordering and delivery

Aditya Mangla takes over as CEO of Eternal's food delivery business from Rakesh Ranjan, as Deepinder Goyal signals a shift in leadership style at Zomato

Ola, Paytm crash up to 50% in H1 2025; are new-age stocks worth buying now?

Share price of Zomato, Ola Electric, and Swiggy have tumbled up to 50 per cent in calendar year 2025. Should you buy or sell new-age stocks for the rest of 2025

Zomato's Goyal launches LAT Aerospace; eyes regional flying segment

LAT Aerospace aims to make flying affordable with compact STOL aircraft and air-stops, connecting underserved regions and unlocking India's aviation potential

Zomato founder Deepinder Goyal eyes aviation segment with LAT Aerospace

Deepinder Goyal, who co-founded food delivery platform Zomato, is now eyeing the regional air travel segment with LAT Aerospace, according to a LinkedIn post by the aerospace startup co-founder Surobhi Das. Goyal's bet on the aviation venture could redefine regional air travel in India which is at a nascent stage, as uncertainty remains over regulatory clearance, technological capability and public adoption. "While building Zomato and flying across India, Deepinder and I kept circling back to the same question: Why is regional air travel still so broken - expensive, infrequent and mostly out of reach unless you live in a metro? India has 450 + airstrips - but only 150 see commercial flights. That means nearly two-thirds of our aviation potential is being wasted. Meanwhile, millions in Tier 2 and 3 cities spend hours - sometimes days - traveling by road or rail," Das said in the post. Outlining the vision behind building LAT Aerospace, Surobhi further stated, "Think buses in the sky

Rapido pilots food delivery in Bengaluru; analysts see limited impact

Rapido's entry into food delivery comes with low take rates and scale ambitions, but Bernstein sees limited disruption to Zomato and Swiggy's duopoly in the near term

What does Rapido's foray into food delivery mean for Zomato and Swiggy?

Rapido enter food delivery segment; what does its imply for Zomato (Eternal) and Swiggy shares? Elara Capital decodes

Rapido to undercut Zomato, Swiggy with 8-15% restaurant commissions

Ride-hailing firms have previously struggled with high costs and thin margins, raising questions about the long-term profitability of the segment as Rapido enters the food delivery space

Food delivery shares in focus; Eternal, Swiggy rally up to 11% in 2 days

Shares of Eternal (formerly known as Zomato) and Swiggy rallied up to 6 per cent on the BSE in Thursday's intra-day deal, and traded higher for the second straight day.

Eternal up 2% on heavy volumes; Morgan Stanley maintains overweight rating

Eternal's share price surged in trade today, driven by strong volumes and a bullish outlook from Morgan Stanley

Eternal slumps ahead of FPI selloff after lowering investment limit

Eternal stock fell nearly 5% as passive funds prepare to sell over Rs 7,500 crore worth of shares following a cut in the FPI investment limit to 49.5%

Eternal vs Swiggy: Tech charts favour this stock, hint up to 21% upside

Eternal is seen trading in a tight range of ₹220 - ₹247, with strong support seen around ₹218 levels; Chart hints at a likely positive bias for this stock; while Swiggy may face downward pressure.

Eternal shares slide 4% on $840 mn outflow fears as FTSE, MSCI cut weight

Shares of Eternal fell over 4% on reports of passive outflows following index weightage cuts by global index providers FTSE Russell and MSCI

Zepto's Aadit Palicha accuses 'rival q-commerce CFO' of smear campaign

Zepto's Aadit Palicha claims a rival CFO is running a smear campaign to undermine its rapid Ebitda gains and aggressive dark store expansion

Zepto pays ₹95 crore in April salaries, rivals Swiggy on employee costs

Zepto's ₹95 crore salary payout in April nears Swiggy despite a smaller workforce, reflecting its aggressive hiring strategy and drawing comparisons with larger rivals like Zomato and Swiggy

Zomato adds new charges for long-distance deliveries; restaurants unhappy

In addition to the new delivery fee, Zomato has also asked some restaurants to sign new agreements reflecting a name change of its parent company to 'Eternal'

Logistics firm Shiprocket confidentially files draft papers for IPO

Shiprocket's IPO will include a fresh issue and offer for sale; proceeds to fund tech upgrades, acquisitions, and expansion of logistics and warehousing capacity

CCPA likely to direct Zomato, Swiggy to revise cancellation, refund policy

The consumer watchdog took suo-motu cognisance of unfair practices in 2024 and is now likely to direct Zomato and Swiggy to revise refund and cancellation policies

Prosus CEO Bloisi visits India to launch flagship 'Luminate' event series

Bengaluru hosts Prosus's inaugural Luminate forum as the firm strengthens its ties with India's tech ecosystem and explores AI, digital commerce, and frontier tech