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Zomato Q2 net loss narrows to Rs 250.8 cr

The company’s consolidated net loss stood at Rs 434.9 crore in the year-ago period New Delhi: Online food delivery platform Zomato on Thursday reported narrowing of its consolidated net loss to Rs 250.8 crore for the second quarter ended September 2022. The...

Zomato Q2 revenue surges to Rs 1,024 crore

Online food delivery platform Zomato has reported its revenue from operations jumped from Rs 1,024.2 crore in this quarter ended in September from Rs 462 crore earlier in this year. And the loss also widened from Rs 434.9 crore...

Zomato IPO receives Sebi go-ahead

Food delivery platform Zomato, which filed preliminary IPO papers with Sebi in April, has received a go-ahead to raise Rs. 8,250 crore through an initial public offer (IPO). The IPO comprises fresh issue of equity shares worth Rs 7,500...

Zomato to bolster finances to remain competitive in online food delivery market: GlobalData

Following the news that Indian food delivery startup Zomato has raised US$250m in a fresh funding round; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: "After the latest funding round, Zomato has emerged...

Delivered 5X as many orders since lockdown began: Swiggy

In pandemic times, when the food delivery space literally exploded, online food delivery platform Swiggy has revealed in a report that it delivered 5X as many orders to home addresses as compared to work addresses between January and March, and...

Zomato worst digital workplace in India: Fairwork Survey

According to a survey by Fairwork India Ratings, Zomato, along with rival platform Swiggy and cab-hailing app Uber, were ranked the worst performing digital platforms this year, scoring only 1 out of 10 points. The report examined working conditions...

FableStreet on strong growth trajectory; strengthens leadership team

FableStreet, a digitally native, home-grown apparel brand for professional women has appointed Adarsh Sharma as the Chief Revenue Officer. The appointment comes as the brand looks to scale new heights having successfully maneuvered its way through the challenges thrown...

Zomato raises US$ 195 million in funding from 6 investors, valuation touches US$ 3.6 billion

Info Edge said its investee company Zomato has raised US$ 195 million (about Rs 1,455.4 crore) in funding from six investors including Luxor, Kora and Steadview, valuing the online food ordering platform at US$ 3.6 billion. "Zomato Pvt Ltd has...

Zomato raises US$ 52 million from Kora Investments

Zomato has raised additional US$ 52 million from US-based Kora Investments, as part of its ongoing $600 million financing round, according to regulatory filings. The funding which is part of the company’s ongoing series J financing round marks the firm’s...

Food delivery volumes in India reach pre-COVID-19 peaks: Deepinder Goyal, CEO, Zomato

The food delivery volumes in India have reached pre-COVID-19 peaks, Deepinder Goyal, Founder and CEO, Zomato said on Monday. According to a PTI report: He also said it is anticipated that the food delivery sector will continue to grow at around...
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