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Deepinder Goyal

Affluent Indians lead food delivery market recovery: Zomato CEO

In a sign that Indians are now no more afraid of ordering food despite a surge in caseloads, Zomato on Wednesday revealed that the food delivery sector has recovered to (and even grown beyond) pre-COVID levels in a number...

Zomato raises US$ 150 mn from existing investor Ant Financial, to file for IPO in first half of 2021

Online restaurant guide and food ordering platform Zomato on Friday said it has raised US$ 150 million (over Rs 1,065 crore) from existing investor Ant Financial as part of a larger funding round. According to a regulatory filing by Info...

Zomato expects July net loss under $1mn as COVID-19 hits business

Foodtech unicorn Zomato expects its net loss in July to be under US$ 1 million even as COVID-19 has set it back by about a year in terms of the size of the business, the company said in its...

Zomato's food delivery CEO Mohit Gupta made co-founder

Foodtech unicorn Zomato has promoted its CEO for Food Delivery, Mohit Gupta, to the position of Co-Founder. The announcement was made by Zomato CEO Deepinder Goyal in an internal email to employees. "While the foundation of Zomato was built before...

Amazon enters food delivery business in India as Zomato, Swiggy struggle

Sending a strong signal to Zomato and Swiggy who have been severely hit by COVID-19, e-commerce giant Amazon with deep pockets has entered the vast online food delivery market in India, with launching Amazon Food at select pin codes...

Zomato to layoff around 13 pc employees due to COVID-19 impact

Online restaurant guide and food ordering platform Zomato on Friday said it is going to layoff around 13 per cent of its workforce on account of the impact of COVID-19 pandemic. The company has around 4,000 employees in different roles. In...

Zomato denies Grofers acquisition talks as e-grocery enters top gear

Food delivery platform Zomato on Tuesday refuted reports that the company is in talks with Gurugram-based grocery delivery platform Grofers to acquire it for nearly US$ 750 million. Flush with funds, Zomato has partnered Grofers for the delivery of essential...

Zomato begins grocery delivery in 80 Indian cities

After initial hiccups, Zomato has started grocery delivery in over 80 Indian cities with supplying essentials and is set to launch takeaway service in Australia and Portugal to support restaurants, its CEO Deepinder Goyal said on Tuesday. He said that...

Zomato, Swiggy still there but no food to order

Ironic as it may sound but digital India saw its biggest challenge on Wednesday when smartphone-based leading food delivery platforms Zomato and Swiggy found themselves in no man's land as restaurants, including cloud kitchens, went out of service and...

'Indian online food delivery market to hit US$ 8 billion by 2022'

Rapid digitisation and growth in both online buyer base and spending will help India's online food industry to become a US$ 8 billion market by 2022 -- growing at a CAGR of 25-30 percent, a new report said on...
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Levi’s opens store in Dhaka

The store offers Levis’s latest signature apparel and accessories for both men and women along with the iconic 501...
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