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Zomato raises $1 bn via QIP; Motilal Oswal, ICICI Prudential among big domestic investors

Zomato had launched its Qualified Institutional Placement (QIP) issue on 25 November, which closed on 28 November New Delhi: Food delivery aggregator Zomato has raised Rs 8,500 crore by selling equity shares to qualified institutional investors, mainly domestic mutual fund...

Chief of Staff vacancy at Zomato, CEO wants candidate to pay Rs 20 lakh in 1st yr

The 20 lakh will be donated to non-profit Feeding India with the company offering to contribute Rs 50 lakh to a charity of the candidate's choiceNew Delhi: In an unusual job vacancy posting for his Chief of Staff, online...

Home-cooked meals become dearer in October on costlier vegetables

The monthly 'roti rice rate' report said onion prices were up 46% on year in October, while potato prices were up 51%New Delhi: Both vegetarian and non-vegetarian home-cooked meals became costlier in October due to a pick up in...

Zomato, Swiggy hike platform fee in certain cities amid festive season

In the national capital, Zomato is now charging Rs 10 as a "festive season platform fee"New Delhi: Online food delivery platforms Zomato and Swiggy have hiked platform fees in certain cities amid the festive season.The two rivals are now...

Zomato posts Rs 176 cr profit for Sept quarter, revenue at Rs 4,766 cr

Consolidated revenue from operations stood at Rs 4,799 crore. It was at Rs 2,848 crore in the year-ago periodNew Delhi: Online food delivery firm Zomato Ltd on Tuesday reported a consolidated net profit of Rs 176 crore in the second...

Zomato not venturing into any new space, company clarifies on ‘Continue’

Goyal in a social media post said the 'Continue' health and wellness initiative was his "personal" ventureNew Delhi: Food delivery platform Zomato is not venturing into any new space and will continue to focus on its four existing businesses,...

Zomato board to consider raising funds via QIP on Tuesday

In a regulatory filing, the company informed that a meeting of the board of directors is scheduled to be held on Tuesday, October 22, 2024New Delhi: Food delivery platform Zomato on Thursday said its board will consider fundraising through qualified...

Malls need to be ‘more humane’ towards delivery partners: Zomato CEO hits out

Goyal shared his first-hand experience as a delivery executive picking up orders for the food tech giant on social mediaNew Delhi: Zomato CEO Deepinder Goyal on Sunday said malls need to be "more humane" towards delivery partners, sharing his...

Zomato gets fresh GST demand, penalty order of Rs 17.7 cr

The demand order, received by the company on Tuesday, is concerning non-payment of GST on delivery charges and interest, penalty thereonNew Delhi: Online food delivery aggregator Zomato on Wednesday said it has received a GST demand order along with interest...

Blinkit live in Kochi now

The quick commerce platform’s first Kochi store is located in Kaloor  New Delhi: Gurugram-based quick commerce platform Blinkit has extended its service to the city of Kochi in Kerala, a social media post by a top company official said on...
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Yes Madam criticised over purported email on firing of stressed staff; some dub it a marketing stunt

Internet users, however, were sceptical and speculated about the post's legitimacy, terming it a publicity stunt.New Delhi: Online beauty services...
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