SoftBank to sell 1.17% stake in Zomato for Rs 940 crore via block deal Ishaan Negi·August 30, 2023Recent news suggests that SoftBank Vision Fund (SVF) Global may sell its 1.17 percent share in the world’s...BusinessMarketsNewsTechTrendingWorld·0 Comments·0
Invesco drops Swiggy’s Valuation to $5.5B amid Volatility Ishaan Negi·May 9, 2023Food delivery services in India aren’t new, in-fact India boasts the oldest food delivery service still in use...BusinessMarketsNewsTrending·0 Comments·0
Swiggy to layoff around 8-10% of workforce Sumbul Farid·January 19, 2023According to sources, food and grocery delivery app Swiggy will lay off around 8-10 per cent of its...BusinessIndia NewsTrending·0 Comments·0
Dinner not delivered: Zomato, hotel ordered to reimburse Bengalurean Rs 3,000 Service Deficiency Kratigya Manjhu·January 8, 2023Restaurant Zomato was forced to pay a Bengaluru client for cancelling his dinner order. Through Zomato, Abhishek MR...News·0 Comments·0
Swiggy losses double to Rs 3,629 cr in FY22 Sumbul Farid·January 3, 2023In the previous year, food ordering and grocery delivery behemoth Swiggy saw a steep surge of losses, which...BusinessTechTrending·0 Comments·0
Ashneer claims he recieved ₹2.25 crore from Zomato IPO Grover stated in his memoir, "Doglapan," that the Initial public offering was oversubscribed over thirty times. Prity Khanal·December 27, 2022Ashneer Grover, the former managing director and co-founder of BharatPe, has confessed that he gained handsome rupees of...India News·0 Comments·0
Zomato shares spike up as investors become optimistic about growth after Amazon shuts down food-delivery business Sumbul Farid·November 29, 2022On Nov 28, shares of Zomato traded in green after Amazon decided to shut down its food delivery...BusinessPopularTrendingWorld·0 Comments·0
Zomato intends to reduce its workforce by 3% Sneha Singh·November 20, 2022As part of attempts to reduce costs and become profitable, Zomato, the nation’s oldest online food aggregation and...Business·0 Comments·0
BYJU’s upcoming IPO values its tutoring business at up to $4 billion Sneha Singh·November 4, 2022According to people familiar with the situation, BYJU’s, one of India’s biggest online education providers is completing plans...Tech·0 Comments·0
Zomato never asks the drivers to deliver order quickly, says Deepinder Goyal Sujata Sharda·September 1, 2022This statement is being published by Deepinder Goyal himself. The renowned food delivering app does not really ask...BusinessElectric Vehicles·0 Comments·0