Tag: eternal
Eternal founder Deepinder Goyal drops 100 Temple wearables, but there’s a catch
Eternal founder Deepinder Goyal announced on Tuesday that his wearables startup Temple has manufactured the first batch of 100 devices, which will be available to…
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloff
Falling share prices of new-age companies in the quarter to March, tracking weaker macroeconomic indicators, pushed mutual funds to step up buying and raise their…
Quick commerce firms face heat as riders stay off peak hours
The quick commerce industry is facing a shortage of delivery partners amid intense heatwaves, prompting companies to roll out incentives to keep them on the…
Deepinder Goyal says AI chat interfaces won’t displace food delivery and quick commerce business
Eternal founder Deepinder Goyal dispelled fears that artificial intelligence (AI) chat interfaces could displace food delivery and quick commerce apps, while making the case that…
Eternal targets $20 billion in B2C NOV by FY28; $1 billion in adjusted Ebitda by FY29: Deepinder Goyal
Food and grocery delivery company Eternal, which operates platforms such as Zomato, Blinkit and District, has crossed $10 billion in annual net order value (NOV)…
Blinkit flags growth moderation as quick commerce firm’s profitability improves
India’s largest quick commerce platform Blinkit flagged a potential moderation in growth as the base expands, even as it improved profitability in the January-March quarter….
Eternal Q4 Results: Cons net profit spikes 346% YoY to Rs 174 crore; revenue soars 196%
Synopsis Eternal Q4 Results: Revenue from operations surged 196% YoY to Rs 17,292 crore. ETMarkets.com Eternal, which operates food delivery platform Zomato and quick commerce…
ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growth
Finance Minister Nirmala Sitharaman said the government is working on fresh reforms to ease regulatory compliance burden for India Inc, adding that a reforms package…
Gig workers’ body writes to labour ministry to mandate heatwave protection
The Indian Federation of App-Based Transport Workers (IFAT) has written to the ministry of labour and employment, urging the government to mandate heatwave protection for…
Quick commerce turning to reset lane as profit push tempers growth metrics
After several quarters of breakneck expansion, quick commerce majors Blinkit and Instamart are expected to report moderation in growth in the January-March quarter, as they…