Tag: zomato
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…
Ex Swiggy, Zomato execs launch AI startup Profound, raise $1.5 million from Stellaris, 3one4
Former Swiggy SVP Anuj Rathi and Zomato CTO Prashant Parashar have launched Profound, an agentic platform that creates AI representatives. The startup has raised $1.5…
Selective VCs turning more to experienced founders, says report
Senior executives who have spent years building India’s largest startups before turning into founders themselves are attracting a disproportionate share of venture capital, according to…
Quick medicine delivery startup Plazza raises $15 million from Accel, Elevation, Nexus, others
Quick medicine delivery startup Plazza has raised $15 million in a round co-led by Accel, Elevation Capital, and Nexus Venture Partners, with participation from existing…
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…