Vy Capital
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...
Food Service
Zomato to become a one-stop-solution for resturants, consumers
In a bid to move ahead from just a restaurant search and discovery service, Zomato now plans to launch a food marketplace. The Gurgaon-based portal will provide a single platform that will serve the restaurant and fast food industry...
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Latest News
Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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