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Govt. announces new norms to curb fake online reviews of products, services

The BIS standards, prepared after extensive stakeholder consultations and to be effective from November 25, will be voluntary but the government will consider making them mandatory in case the menace of fake reviews continues on the online platforms.New Delhi: E-commerce...

Zomato shares climb over 8 pc as firm narrows loss

New Delhi: Shares of Zomato rallied over 8 per cent in morning trade on Friday after the company announced that it has narrowed its consolidated net loss to Rs 250.8 crore in the second quarter ended September.The stock rose...

Zomato Q2 net loss narrows to Rs 250.8 cr

The company’s consolidated net loss stood at Rs 434.9 crore in the year-ago periodNew Delhi: Online food delivery platform Zomato on Thursday reported narrowing of its consolidated net loss to Rs 250.8 crore for the second quarter ended September 2022.The...

Zomato Q2 revenue surges to Rs 1,024 crore

Online food delivery platform Zomato has reported its revenue from operations jumped from Rs 1,024.2 crore in this quarter ended in September from Rs 462 crore earlier in this year. And the loss also widened from Rs 434.9 crore...

Zomato IPO receives Sebi go-ahead

Food delivery platform Zomato, which filed preliminary IPO papers with Sebi in April, has received a go-ahead to raise Rs. 8,250 crore through an initial public offer (IPO). The IPO comprises fresh issue of equity shares worth Rs 7,500...

Zomato to bolster finances to remain competitive in online food delivery market: GlobalData

Following the news that Indian food delivery startup Zomato has raised US$250m in a fresh funding round; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view:"After the latest funding round, Zomato has emerged...

Delivered 5X as many orders since lockdown began: Swiggy

In pandemic times, when the food delivery space literally exploded, online food delivery platform Swiggy has revealed in a report that it delivered 5X as many orders to home addresses as compared to work addresses between January and March, and...

Zomato worst digital workplace in India: Fairwork Survey

According to a survey by Fairwork India Ratings, Zomato, along with rival platform Swiggy and cab-hailing app Uber, were ranked the worst performing digital platforms this year, scoring only 1 out of 10 points. The report examined working conditions...

FableStreet on strong growth trajectory; strengthens leadership team

FableStreet, a digitally native, home-grown apparel brand for professional women has appointed Adarsh Sharma as the Chief Revenue Officer. The appointment comes as the brand looks to scale new heights having successfully maneuvered its way through the challenges thrown...

Zomato raises US$ 195 million in funding from 6 investors, valuation touches US$ 3.6 billion

Info Edge said its investee company Zomato has raised US$ 195 million (about Rs 1,455.4 crore) in funding from six investors including Luxor, Kora and Steadview, valuing the online food ordering platform at US$ 3.6 billion. "Zomato Pvt Ltd has...
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Hong’s kitchen opens new outlet at Delhi’s Rohini

Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
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