Page 56 - Zomato

Zomato's valuation crosses $5.4 billion, after raising $250 million

Ahead of its expected IPO, investors such as Kora, Tiger Global and Fidelity have made fresh investments in the Deepinder Goyal-led foodtech company

Zomato raises $250 mn from Tiger Global, Kora; valuation touches $5.4 bn

On a fully converted and diluted basis, Info edge's effective stake in Zomato stands at 18.4 per cent, it added

Info Edge drops 12% in 2 days despite analysts raising targets; here's why

Analysts at Edelweiss Securities have 'Hold' rating on the stock with a target price of Rs 5,460 considering the core business's steep valuation

Zomato partners with govt for street food project, ropes in 300 vendors

With this, these street vendors would be able to serve customers within the safety of their own homes, service a much larger user base with Zomato's technology and last-mile delivery

Zomato inks pact with MoHUA to onboard 300 street vendors

Zomato on Friday said it has signed an agreement with the Ministry of Housing and Urban Affairs (MoHUA) to onboard 300 food street vendors on its platform

A business hotel for that great weekend getaway with your family and Fido

WFH and travel paranoia during Covid-19 have lowered occupancy in these hotels, forcing them to offer alluring rates as low as Rs 5,000 a night with meals to leisure customers

Swiggy's revenue jumps 115% to Rs 2,776 cr, losses up 61% to Rs 3,768 cr

The Bengaluru-based food delivery giant's total expenses for the fiscal were reported as Rs 6,545 crore

Info Edge stock rides high on hopes of economic revival, Zomato IPO

Shares have rallied 42% since November to a record high of Rs 5,876.05 on Jan 6, before taking a breather

Meat startups move to stem bird flu fear, give assurance on poultry quality

While organised meat startups claim 100% traceability of their products with full biosecurity, unorganised meat market has taken a beating, going down by 20-25%

Info Edge stock flies on hopes of economic revival, Zomato's upcoming IPO

Shares have rallied 27 per cent in the last one month to a record high of Rs 5,549.25 apiece

IPO street: From Zomato to InMobi, 2021 could be the year of start-ups

The country has realised the potential of start-ups that have disrupted traditional businesses (or ways of doing business) and have garnered large market share, across segments

Zomato's revenue doubles to Rs 2,743 cr, losses up 138% to Rs 2,386 cr

The Deepinder Goyal-led firm's total expenses for the fiscal were reported as Rs 5,006 crore. Zomato is gearing up for an IPO this year

Curfews help Swiggy, Zomato serve record food orders on New Year's Eve

At peak, while Swiggy fulfilled 5,500 orders per minute, Zomato clocked in 4,254 orders per minute

Zomato valuation crosses $3.9 billion after closing $660-million financing

The company CEO said marquee global investors share the company's enthusiasm about the future of this business

Will leave no stone unturned to improve working conditions: Zomato

Only two platforms (Urban Company and Flipkart) were able to demonstrate that additional measures were taken to actively improve working conditions

Zomato and Swiggy leading food delivery race in the country: Report

A survey showed that when it comes to food delivery from QSR chains; three in five urban Indians (60 per cent) prefer ordering food through apps such as Zomato and Swiggy

Foreign funds colonising Indian startups: Naukri.com founder Bikhchandani

Naukri.com and Zomato investor said foreign funds are the new East India Company that are colonising successful Indian startups by transferring ownership abroad to skip Indian regulations and taxes

Zomato to charge zero commission from restaurants for takeaway service

Takeaway on Zomato app has witnessed tremendous growth with the order volume increasing by more than 200% in the last few months

This hottest India internet stock is surging on back of startup investments

Info Edge India climbed to a record on Tuesday and is the top gainer this month on the National Stock Exchange's 10-member IT index. The company runs Naukri.com, nation's leading job-hunting platform

Zomato to charge zero commission to restaurants for takeaway service

The food delivery platform said that for restaurants to be able to tap into this growing demand, it is making takeaway service available for free to its restaurant partners