Tag: eternal

Rapido: From bikes to billions: Rapido’s gross order value quadruples in two years to $4 billion
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Rapido: From bikes to billions: Rapido’s gross order value quadruples in two years to $4 billion

New Delhi: Ride-hailing startup Rapido has crossed $4 billion in annualised gross order value (GOV), quadrupling its scale in two years, as it steps up…

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Eternal vs Swiggy: Eternal vs Swiggy: How the numbers stack up against each other
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Eternal vs Swiggy: Eternal vs Swiggy: How the numbers stack up against each other

In the July-September quarter, for instance, Swiggy managed to narrow its net loss while Eternal increased its profit. In the quick commerce business, Eternal’s Blinkit…

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Deepinder Goyal’s Temple to open pre-orders on November 1
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Deepinder Goyal’s Temple to open pre-orders on November 1

Deepinder Goyal’s wearable venture Temple will open pre-orders for the first batch of its device on November 1, the founder announced on X. Each Temple…

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Blinkit sees no compelling case for expanding private labels, says Dhindsa
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Blinkit sees no compelling case for expanding private labels, says Dhindsa

In a letter to shareholders about Eternal’s September quarter earnings, chief executive Albinder Dhindsa said on Wednesday that the company does not see private labels…

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Eternal Q2 Results: Profit soars 92% YoY to Rs 125 crore; revenue zooms 78%
Posted in Startups

Eternal Q2 Results: Profit soars 92% YoY to Rs 125 crore; revenue zooms 78%

Eternal, the parent company of Zomato and Blinkit, reported a 92.3% year-on-year (YoY) jump in net profit to Rs 125 crore in the second quarter…

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MyGate and Adonmo merger: Mygate, Eternal-backed digital ads firm Adonmo to merge, create Rs 3,500 crore entity
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MyGate and Adonmo merger: Mygate, Eternal-backed digital ads firm Adonmo to merge, create Rs 3,500 crore entity

Housing society management platform Mygate and Eternal-backed digital advertising company Adonmo are merging in an all-stock deal that will create a combined entity with Rs…

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Deepinder Goyal says Temple device available for pre-orders; shipping expected by year-end
Posted in Startups

Deepinder Goyal says Temple device available for pre-orders; shipping expected by year-end

Deepinder Goyal’s Temple wearable device is now available to pre-order in a limited edition launch, the Zomato and Eternal founder said in a post on…

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Yulu, Bounce seek funds as gig-EV rentals zoom
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Yulu, Bounce seek funds as gig-EV rentals zoom

Electric mobility startups Yulu and Bounce Infinity are in talks to raise $50 million and $20-25 million, respectively, to expand their electric vehicle (EV) rental…

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Zomato’s District is shopping for growth beyond its dining business
Posted in Startups

Zomato’s District is shopping for growth beyond its dining business

Eternal-owned District is betting that offline shopping will emerge as its second-largest business within the next three years, as the company broadens its ambitions beyond…

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Bistro sees limited impact from Swiggy's Toing, Rapido's Ownly: Deepinder Goyal
Posted in Startups

Bistro sees limited impact from Swiggy’s Toing, Rapido’s Ownly: Deepinder Goyal

Eternal is not putting much effort into dealing with competition from Swiggy’s Toing and Rapido’s food delivery platform Ownly, said founder Deepinder Goyal in a…

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