Page 58 - Zomato

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

Zomato raises Rs 184 cr from existing investor; eyes funds from Temasek

The infusion is expected to help Zomato compete with Tencent-backed Swiggy and e-commerce giant Amazon, which recently forayed into food delivery

Around 40% of restaurants may shut down permanently: Zomato report

Food delivery segment likely to bounce back to pre-Covid level in the next 2-3 months

Food delivery start-ups scale up faster in small towns: JM Financial report

Tapping small-tier cities, leveraging cloud kitchens to drive long-term growth for sector, says study

Zomato introduces 10 days of 'period leave' for employees per year

In a note for the male employees in the blog, Goyal said, "Our female colleagues expressing that they are on their period leave shouldn't be uncomfortable for us"

Covid-19: After Swiggy, ITC Hotels ties up with Zomato for delivery of food

COO of ITC Hotels Anil Chadha said with the changing world order owing to the Covid-19 pandemic, these arrangements will help customers get their favourite cuisines sitting at home

Zomato's FY20 revenue grows 105% to $394 mn, loss rises 6% to $293 mn

The Gurugram-based firm had cut 13 per cent jobs in May due to the impact from Covid-19

Zomato delivers two-fold jump in revenue at Rs 2,960 cr in FY20

The earnings before interest, taxes, depreciation, and amortization (EBITDA) in the last financial year stood at around Rs 2,200 crore, Zomato said in its performance report.