Zomato Reports Q3 Net Profit of Rs 138 Crore
The company recorded an increase in total expenses, reaching Rs 3,383 crore, up from Rs 2,485 crore in the same period last year
Tata Group to Enter Food Delivery Segment; Challenge Swiggy, Zomato
The Tata Neu app currently features a food category section, displaying menus exclusively from restaurants affiliated with the Tata Group's…
Zomato and Stripe Receive RBI Approval for Online Payment Aggregator
Zomato announced that its subsidiary, Zomato Payments Pvt Ltd has received approval from the RBI to function as a payment aggregator.
Swiggy Teases Rs 10 Rise in Platform Fee
This move follows the company's introduction of the platform fee model in April 2023, where an initial extra charge of Rs 2 was applied to…
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Zomato raises Rs 284 crore from Glade Brook Capital
The investment is part of Zomato's series-I financing round.
Zomato claims 28 million monthly order run rate in Dec
It's a significant 7 million up from the previously disclosed 21 million run rate for October. 
Food aggregators like Swiggy, Zomato delist 10,500 unlicensed eateries
The move comes after FSSAI had directed the food delivery platforms to de-list all unlicensed and non-registered restaurants from their listings.
Zomato hires Thomas Phillippe as its General Counsel
Prior to joining Zomato, Thomas was partner at legal firm Khaitan & Co.
Zomato likely to get $100m from China's Ctrip
Ctrip is in talks to invest around $100 million in online restaurant discovery and food-delivery platform Zomato.
Zomato, swiggy begin delisting restaurant partners without FSSAI license
FSSAI, in July, had instructed all major foodtech players to delist non-compliant restaurant partners to ensure food hygiene and safety.
Zomato Increases Platform Fee by 33 percent in Major Markets
The Gurugram-headquartered company implemented a uniform flat platform fee in August 2023, initially set at Rs 2 per order and subsequently raised to…
Zomato Refutes Acquisition Talks with Shiprocket Amidst Rumors
Zomato's CEO, Deepinder Goyal, dismissed reports of a $2 billion acquisition offer for Shiprocket, affirming that the company currently isn…
Cakes by Flower Aura Teams Up with Swiggy & Zomato
The partnership between Flower Aura and these platforms is geared towards making their diverse range of cakes more accessible to customers, aiming to…
Zomato's Q2 PAT Hits Rs 36 Crore amid Soaring Revenues
During the current quarter, the revenue from operations amounted to Rs 2,848 crore, marking a significant increase from the Rs 1,661 crore recorded…
Softbank to Cut Stake in Zomato; May exit
Similarly, private equity firm Tiger Global, also sold its remaining 11.24 billion rupees stake in the company after cutting 2.34% stake last year.
  • By - Nusra
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Zomato Join Hands with IRCTC for Delivery of Pre-ordered Meals
As part of this collaboration, IRCTC has initiated a Proof of Concept (PoC) at five prominent railway stations: New Delhi, Prayagraj, Kanpur, Lucknow, and Varanasi.
  • By - Nusra
  • / 2 MIN READ
Zomato Starts Liquidation of its Portugal Biz
As per reports, Zomato decided to shut down international businesses as they do not contribute to its revenues, following its listing on the exchanges.
  • By - Nusra
  • / 2 MIN READ
Data Insight Platform Launched by Zomato to Support Restaurant Partner
Restaurant partners can utilize this platform to access valuable information regarding demand and supply gaps, pricing distribution, and trending demands for various dishes or cuisines.
Zomato May Embrace AI Tools, Expand Team for Enhanced Services
The aim is to improve the overall customer experience across both Zomato and Blinkit platforms. The company plans to develop and implement these AI tools accordingly.
Zomato and Swiggy's IPL Impact: Meager 7% Growth in Food-Delivery Business, Says Report
Food delivery companies experienced consistent growth in their business from 2018 to 2020, with the percentage increasing from 43% to 52% during this period.
Rakesh Ranjan Promoted as Food Delivery CEO at Zomato
The company on Friday reported a 70% year-on-year jump in its operational revenue for the March-quarter to Rs 2,056 crore, and its net loss narrowed to Rs 187.6 crore in the quarter, compared to Rs 359.7 crore in the year-ago period.
  • By - Nusra
  • / 3 MIN READ
Zomato's Gold program boosts market share against Swiggy: HSBC report
The report predicts that Zomato's market share will rise to 57% in the fiscal year 2023-24 (April-March).
Swiggy and Zomato contest Delhi RTO's bike-taxi ban interpretation
Food delivery platform, Swiggy and Zomato have lodged a complaint with the Delhi government regarding the issuance of fines to their two-wheeler delivery personnel under the pretext of the bike-taxi service ban in the capital.
Zomato Launches 'Everyday' Home-style Meal Service, Discontinues 10-Minute Delivery
A consumer can "browse the menu, personalise your meal, and have hot and wonderful food delivered straight to your home within minutes," the company claimed, making ordering even easier.