Page 57 - Zomato

Zomato raises $195 mn in funding from 6 investors, valued at $3.6 bn

Upon closing of the fund raise, Info Edge's shareholding in Zomato shall stand reduced to about 20.8 per cent on fully converted and diluted basis

Start-ups take on Covid gloom with campaigns around safety and positivity

Some players are also striking an emotional chord by promoting values of togetherness; Brands are also spending more on e-commerce ads as opposed to conventional

Zomato COO Gaurav Gupta steps down to focus on firm's nutrition business

The nutrition business can be a large value driver for Zomato at a time when the company is preparing for a public listing next year and is focusing on profitability

Food delivery unicorn Zomato raises Rs 379 cr from US investor Kora

Gurugram-based Zomato has allotted 12,656 Class J5-1 compulsorily convertible cumulative preference shares at an issue price of Rs 3,00,235 per share to Kora

IPL playing key role in recovery of food delivery firms Swiggy, Zomato

Analysts say that due to IPL event food delivery volumes are seeing a jump and foodtech companies are capitalising on that demand

Food delivery volumes in India reach pre-Covid-19 peaks: Zomato CEO

The food delivery volumes in India have reached pre-Covid-19 peaks, Zomato Founder and CEO Deepinder Goyal said on Monday

Swiggy, Zomato pause gamification feature after Google sends notices

Gurugram-based Zomato confirmed that it has received a notice from Google

Indian unicorns diversifying to newer biz segments ahead of mega-IPO plans

A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans

Zomato, Swiggy get notices from Google for violating Play Store norms

The development comes just weeks after Paytm was blocked from the Play Store for a few hours for violating Google''s policy on sports betting activities

Food delivery industry recovers to 85% of pre-Covid levels: Zomato

The development comes after the company, in August, said around 40 per cent of the dining out restaurants may not reopen at all owing to the disruption caused by the Covid-19 pandemic.

Food delivery sector showing stronger signs of recovery: Zomato CEO

Delhi and Mumbai are nearing full recovery at around 95 per cent of the pre-Covid levels

Zomato to go public by H12021; raises Rs 760 cr from Tiger Global

The infusion from Tiger Global came a few days after Zomato raised Rs 456 crore from MacRitchie Investments, a subsidiary of Singapore-based Temasek Holdings

Mental health start-ups capitalise on pandemic-led demand for services

Many are discovering new revenue streams by adopting a digital-first approach and fostering ties with corporate clients to roll out customised solutions

Zomato raises Rs 456 cr from Temasek subsidiary MacRitchie Investments

Business Standard had earlier reported in August that the Bengaluru-based company was planning to raise capital from MacRitchie by allotment of 15,188 shares

HSBC values Info Edge's stake in Zomato at $1.1 billion; stock jumps 5%

HSBC Global Research, in its recent report, valued food delivery firm Zomato at $5 billion, a major increase from its earlier valuation of $3.5 billion

HSBC Global Research puts food delivery firm Zomato's valuation at $5 bn

Covid-19 has accelerated its path to profitability owing to lower discounts said HSBC Global Research in a report

Tech-sharing deals put Indian start-ups in fix with China's new controls

Beijing has added 23 technologies to its list of regulated exports; move could affect start-ups that have IP co-creation as part of investment deal with Chinese VC investors, say experts

Info Edge founder wants a hat-trick after Zomato, PolicyBazaar success

To pump in money more aggressively, Sanjeev Bikhchandani's company has set up its own alternative investment fund, Info Edge Ventures, for early stage investments

Period leave: Does not hamper business or reduce employability, say firms

One may argue, period leaves are easier for a small digital set-up. However, companies, like Tata Steel, have also offered period leave within the sick leave quota since 2018

Period leaves, business and productivity: What do companies think?

Zomato's announcement led to a social media storm that raised various questions. In this podcast we try to find what companies think