Zomato
Retail
In Pics: Why Silicon Valley imports are quitting Indian unicorns
Silicon Valley, which became the preferred recruiting grounds for online entrepreneurs last year, appears to be struggling in terms of retaining the Bay Area employees.
Over the past one year, Indian e-commerce firms have hired several senior technology executives from...
Food Service
Zomato rolls back operations in 9 overseas markets
After a series of valuation markdown and a sharp 262 per cent increase in losses yesterday, the online restaurant aggregator and food delivery platform, Zomato has pulled off plug in nine of its 23 overseas markets, including the US...
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TinyOwl shuts operations in all cities except Mumbai
TinyOwl, the online food ordering platform has temporarily discontinued its services in all cities except Mumbai from, according to the official blog of the company.
Earlier, TinyOwl was operational in cities like Delhi-NCR, Bangalore, Mumbai, Navi Mumbai, Hyderabad, Chennai, Ahmedabad,...
Food
HSBC brokerage slashes Zomato’s $1bn value by half
HSBC's brokerage arm - HSBC Securities and Capital Markets (India) - has cut the valuation of Zomato. The restaurant search service's valuation was slashed from $1 billion to $500 million.
The move comes close on the heels of a valuation downgrade in e-commerce player Flipkart...
Retail
Zomato's Tanmay Saksena joins e-pharmacy 1mg as COO
Zomato's chief product officer Tanmay Saksena, who quit the restaurant discovery platform earlier this year, is joining health care startup 1mg as its chief operating officer (COO).
Saksena, along with Namita Gupta, who came from social networking site Facebook, and...
Food
Future of QSRs: Collaborative, offline-to-online models
The F&B service industry is one of India’s most vibrant industries with over 25 per cent yearly growth. The Indian food and beverage market, estimated to be over Rs 2 lakh crore in size, may nearly double to touch...
Food
How technology will change the restaurant industry
Technology reaches every aspect of our lives, but with the emergence of mobile devices and cloud computing, the impact is more than ever. After the arrival of portable devices on the table, online bookings, social media, and new payment techniques,...
Retail
Zomato launches cloud-based PoS
Zomato, the restaurant information portal, has introduced Zomato Base, a bid to get into sales of a cloud-based point-of-sale (PoS) product for restaurants.
The company, which is headquartered in Gurgaon, is planning on boosting revenue through new business verticals.
Zomato Base is an...
Retail
Snapdeal in talks with Uber to integrate its API
Snapdeal is in talks with Uber to integrate its API on the Snapdeal platform. The tie-up between both the companies will allow consumers to book Uber cab through Snapdeal's app.
Apart from this, over the past 12 months, Snapdeal has...
Latest News
Online bus ticketing platform redBus plans to expand globally
In the next three months, online bus ticketing platform redBus is launching its operations in at least four South and Southeast Asian countries.
Last year in June, redBus expanded its operations in Singapore and Malaysia. The company is also exploring...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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