Tag: zomato
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…
Deepinder Goyal’s Lat Aerospace completes second demo of ultra-short take-off flight
Lat Aerospace completed a test flight of its latest technology demonstrator, Lat One v0.2, co-founder Deepinder Goyal shared in a social media post on Thursday….
India parliament panel calls for tighter protection for gig workers
An Indian parliamentary panel has recommended mandatory registration of gig workers on a national labour database, while calling for clearer legal obligations for digital platforms…
Deepinder Goyal’s LAT Aerospace acquires robotics startup Sharang Shakti
LAT Aerospace, cofounded by Deepinder Goyal and former Zomato COO Surobhi Das, has acquired Gurugram-based defence robotics startup Sharang Shakti. In a post on X,…
Mutual funds adopt India Inc’s next gen companies with open arms
Domestic mutual funds held shares worth Rs 1.77 lakh crore in about two dozen new-age companies at the end of 2025, nearly double compared with…
Domestic MFs double their holdings in new-age startups over a year
Domestic mutual funds held shares worth Rs 1.77 lakh crore in about two dozen new-age companies at the end of 2025, nearly double compared with…