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Retail Tracker: With over 60 new stores and Rs 4,930 fundraising prospects, here’s how July fared

In terms of fundraising, brands raised or proposed plans to raise amounts over Rs 4,930 crore IndiaRetailing Insights: More than 60 new stores were rolled out throughout India in July, according to the latest survey by IndiaRetailing Insights, a retail...

Ex-Zomato executive-owned F&B company Ninecamp Ventures raises Rs 16 cr seed funding

The proceeds will be allocated to enhancing the brand portfolio, acquiring prime real estate, recruiting talent, and investing in research and development to foster innovative concepts and products. New Delhi: Food and beverages company Ninecamp Ventures founded by Ex-Zomato executive Chaitanya...

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...

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 expands food delivery service to 500 cities in India

Zomato on Wednesday said it has expanded its food delivery services to 500 cities in India. The company now has 1.5 lakh restaurant partners and a delivery fleet of 2.3 lakh partners.Zomato had reached 200 cities milestone in April...

Zomato enters 17 new cities, eyes 500 towns by Sept

Food ordering app Zomato on Monday announced its expansion in 17 new cities in India, taking the total to 213 cities.The new cities are Bulandshahr, Shahjahanpur, Solan, Palwal, Rewari, Machilipatnam, Nandyal, Bhimavaram, Ongole, Srikakulam, Kadapa, Kottayam, Kollam, Khanna, Gurdaspur,...

Zomato to convert 40 pc of delivery fleet into power-assisted bikes in 2 years

Online restaurant guide and food ordering firm Zomato Monday said it is planning to convert 40 percent of its delivery fleet into power-assisted bikes in two years.Currently, the company has over 5,000 cyclists operating across 12 cities in India,...

Zomato expands food delivery services to Vijayawada, Madurai, Cuttack

Online restaurant guide and food ordering firm Zomato on Wednesday said it has expanded its ordering and food delivery services to Vijayawada, Madurai, and Cuttack as part of its expansion plans.With this launch, Zomato’s online ordering services are now...

Zomato strengthens presence in tier II; adds 7 more cities

Online food delivery platform Zomato on Friday announced its expansion of operations to seven cities including Dehradun, Agra, Patna, Mysore, Ranchi, Raipur and Aurangabad, making its presence stronger in tier II cities."We're heads down focused on growing this business...

Mohit Gupta joins Zomato as CEO – Food Delivery

Mohit Gupta, who was formerly at MakeMyTrip as the Chief Operating Officer – Online, has joined Zomato as the CEO of the food delivery business at Zomato."We’re thrilled to have Gupta join our team - he is one of...
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Varun Beverages to raise Rs 7,500 cr to fund expansion plans

The fund would be raised in "one or more tranches" and would be "subject to receipt of approval of...
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