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Zomato raises US $200 million from Alibaba’s Ant Financial

Food ordering and restaurant discovery platform Zomato Media Pvt. Ltd has raised US $200 million from Ant Small and Micro Financial Services Group, valuing the company at about US $1.1 billion.Ant Financial will hold around 18 percent stake in...

How reservation apps are changing the dining landscape

Restaurants in increasing numbers are adopting table-booking apps for optimizing management of reservations, wait-lists, guest data, and table allocation. At the same time, consumers have also started to rely on this technology to reserve a table, compare a restaurant,...

UberEATS food-ordering trend report 2017

The humble samosa and chhole and potato patty-version of the burger have topped the list of most ordered on Uber's food ordering platform 'UberEATS' in India, ahead of Middle Eastern and American dishes, the company said. According to a PTI...

Zomato launches subscription-based ‘Zomato Gold’ in India

Online restaurant guide and food ordering app Zomato on Tuesday launched its Zomato Gold programme - a paid subscription-based service- in India. According to a PTI report: As part of the programme, subscribers will get access to complimentary food and...

Zomato invests in home-cooked meal delivery app Tinmen

Online restaurant guide and food ordering firm Zomato on Monday said it has made an investment into Hyderabad based home-cooked meal delivery app Tinmen. According to a PTI report: The company did not share the amount of investment it has...

Zomato turns profitable, won't charge commission from restaurants: CEO

Online restaurant discovery and food delivery platform Zomato on Tuesday said it has become a profitable company. "Zomato is now a profitable company. Yes, throughout the 24 countries where we operate, and across all our businesses, we are starting to make money,"...

Zomato acquires Runnr in all stock deal

It is a piece of news that is being speculated for some time now, and on Wednesday, CEO of Zomato, Deepinder Goyal confirmed it on his blog. "I’m very excited to share, that beginning today, you will see our team...

How Chef Saransh Goila resurrected the butter chicken

Television chef Saransh Goila launched a QSR dedicated to butter chicken in Mumbai last year, which has attracted widespread popularity since its opening. India’s favourite dish – butter chicken – was fast loosing its authenticity feels celebrity chef and author...

Zomato processes 2 million food orders in March

Zomato has processed 2 million food orders in March marking a 23 per cent + over February, the online restaurant aggregator and food delivery platform shared it in a blog post. According to the blog post, the Zomato reveals how...

Swiggy to consolidate market position; to turn profitable in all 7 cities

Despite beginning with a bang, Indian food tech startups have been feeling the heat since 2015. Many of them have either shut shop, others have scaled down operations. Though, initially touted to be worth US $50 billion, food tech startups...
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India leads in GenAI adoption, investment trends likely to rise in coming years: Report

The study also predicted promising investment trends shortly, with about 94% of respondents anticipating increased investments and budget allocations...
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