Page 3 - Zomato

c launches ‘Food Rescue’ feature to cut down on food wastage: How does it work?

Swiggy pilots 'Yello' service marketplace as Zomato eyes concierge model

Swiggy and Zomato, India's top delivery platforms, are branching out beyond core food and grocery services. Swiggy's 'Yello' marketplace and Zomato's concierge model lead new initiatives

Zomato, Swiggy deny CCI antitrust violations, say media report 'misleading'

Deepinder Goyal-led Zomato clarified to the BSE that although the CCI initiated a preliminary investigation in April 2022, no findings or orders have been issued against the food delivery platform

Zomato's 'Food Rescue' feature offers cancelled orders at discounted rate

To curb food wastage, Zomato's 'Food Rescue' initiative allows cancelled orders to appear on the app for customers located within 3 km of the delivery partner holding the order

CCI probe finds Zomato, Swiggy breached antitrust regulations: Report

The CCI documents are not public, in line with its confidentiality rules, and were shared with Swiggy, Zomato and the complainant restaurant groups in March 2024

Zomato, Swiggy face CCI probe over allegations of favouring big chains

The CCI found that Zomato signed 'exclusivity contracts' for lower commissions, while Swiggy promised business growth to restaurants listing exclusively on its platform

Shreyas Srinivasan quits as Paytm's CPO after Zomato's Insider acquisition

The Rs 2,000-crore acquisition was finalised in Q2, with Shreyas Srinivasan leaving Insider in August and marking his last day at Paytm on Monday

Vendor delisted for mislabelling mushrooms at Hyperpure warehouse: Zomato

Zomato CEO Deepinder Goyal on Monday said the company has delisted the vendor responsible for putting "incorrect packaging date" on mushroom packets that were found during an FSSAI inspection at the Hyperpure warehouse in Hyderabad. During the inspection, a Food Safety and Standards Authority of India (FSSAI) team had reportedly found future-dated mushrooms at the warehouse concerned. Goyal clarified that the incorrect packaging date on the 90 button mushroom packets was due to a "manual typing error on the vendor's side". "Hello all - just want to clarify that the fssai team noted that 90 packets of button mushrooms had incorrect packaging date - these were already identified by our warehouse team and were rejected during an inward QC. This is not usual, and was due to a manual typing error on the vendor's side. Still, the concerned vendor has been delisted from our database. At Hyperpure, we have stringent inward guidelines and tech systems that helped our teams to identify this ..

Quick commerce boom: Industry giants race to claim their slice of the pie

India's quick commerce sector has seen an astonishing growth rate, with sales increasing by more than 280 per cent over the past two years

Swiggy cuts IPO valuation again, to $11.3 bn, BlackRock and CPPIB to invest

Swiggy does not want a bad IPO, a source said. Its last funding round, led by Invesco, valued it at $10.7 billion in 2022

Food delivery just got pricier: Swiggy joins Zomato with Rs 10 fee hike

Zomato has communicated that its festive season hike is temporary, whereas Swiggy has not offered any such clarification

Zomato share price slips 3% as company clarifies hiking platform fees

Zomato said that hiking platform fees was not a rumor, as the source of information mentioned in the article is the Zomato mobile application itself.

Zomato raises platform fee to Rs 10 as festive season demand spikes

With a reported order volume of 647 million in FY23, the Re 1 increase could add Rs 65 crore to Zomato's annual revenue

What led Zomato to slip 5% despite 5x rise in Q2 PAT? CLSA ups target price

Zomato reported a 388 per cent year-on-year rise in second quarter net profit at Rs 176 crore, from Rs 36 crore in the year ago period

Zomato Q2 results: Profit rises 5x to Rs 176 crore, revenue up 69%

The company has also received approval from its board of directors to raise up to Rs 8,500 crore via QIP of equity shares

Zomato Q2 results: Net profit rises to Rs 176 crore, misses estimates

The company also approved raising up to Rs 8,500 crore via the issue of shares in a qualified institutional placement

Zomato's CEO Deepinder Goyal launches health, wellness startup 'Continue'

Goyal, who has long expressed interest in health and wellness, has previously invested $10 million in Alpha Wave-backed Ultrahuman-a startup that makes health tracking wearables

Zomato likely to post robust Q2 nos with 7x increase in PAT, say analysts

In Q2, investors will monitor any change in guidance from Zomato/Blinkit and the 'District' scale-up strategy

Karnataka plans 1-2% levy on aggregator platforms like Swiggy, Zomato, Uber

The levy of such a fee is part of the state govt's draft notification on Platform-based Gig Workers (Social Security and Welfare) Bill, 2024

Zomato share price drops 5% on BSE on Friday; QIP, Q2 results in focus

Zomato share price: Zomato's fundraising plans come ahead of rival Swiggy's initial public offering (IPO)