Zomato

The Bubble Is Bursting Despite beginning with a bang, Indian food tech startups have been feeling the heat since last year. Many of them have either shut down or have scaled down their operations. Though, initially touted to be worth $50...

Silicon Valley, which became the preferred recruiting grounds for online entrepreneurs last year, appears to be struggling in terms of retaining the Bay Area employees. Over the past one year, Indian e-commerce firms have hired several senior technology executives from...

After a series of valuation markdown and a sharp 262 per cent increase in losses yesterday, the online restaurant aggregator and food delivery platform, Zomato has pulled off plug in nine of its 23 overseas markets, including the US...

TinyOwl, the online food ordering platform has temporarily discontinued its services in all cities except Mumbai from, according to the official blog of the company. Earlier, TinyOwl was operational in cities like Delhi-NCR, Bangalore, Mumbai, Navi Mumbai, Hyderabad, Chennai, Ahmedabad,...

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...

Zomato's chief product officer Tanmay Saksena, who quit the restaurant discovery platform earlier this year, is joining health care startup 1mg as its chief operating officer (COO). Saksena, along with Namita Gupta, who came from social networking site Facebook, and...

The F&B service industry is one of India’s most vibrant industries with over 25 per cent yearly growth. The Indian food and beverage market, estimated to be over Rs 2 lakh crore in size, may nearly double to touch...

Technology reaches every aspect of our lives, but with the emergence of mobile devices and cloud computing, the impact is more than ever. After the arrival of portable devices on the table, online bookings, social media, and new payment techniques,...

Zomato, the restaurant information portal, has introduced Zomato Base, a bid to get into sales of a cloud-based point-of-sale (PoS) product for restaurants. The company, which is headquartered in Gurgaon, is planning on boosting revenue through new business verticals. Zomato Base is an...