Tag: zomato
Young, loss-making startups keep OFS portion lean as investor scrutiny grows
Young, loss-making startups preparing for initial public offerings (IPOs) are increasingly keeping the fresh issue component large to fund their growth plans as investors grow…
Info Edge says it invested Rs 1,003 crore on AI, deeptech startups since 2020
Info Edge, the parent company of Naukri, has invested Rs 1,003 crore across 54 artificial intelligence (AI) and deeptech startups since 2020, as the early…
Deepinder Goyal’s Temple claims discovery of biomarker that calculates cost of being alive; here’s what it means
Deepinder Goyal on Thursday announced that his health and fitness wearables startup Temple has discovered a new biomarker called ‘Entropy’. “The Temple team has made…
Swiggy, Zomato, Uber asked to register gig workers by June 21: Report
The government has directed app-based platforms such as Swiggy, Zomato, Uber, Ola, Rapido, Blinkit and Zepto to register their gig workforce on the e-Shram portal…
ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for Instamart
Food and grocery delivery company Swiggy’s failure to secure shareholder approval for changing its articles of association has delayed a governance reset that was meant…
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…
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)…
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…
Eternal Q4 Preview: Will over 400% YoY profit growth help dominate Swiggy?
Zomato is expected to report a sharp surge in revenue and profit for the March quarter, driven largely by continued momentum in its quick commerce…