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Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato

Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…

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Have you heard of Hyperpure — Zomato’s lesser-known cousin for restaurant owners?

As a B2B food procurement platform, Hyperpure acts as one stop shop that restaurants, cafes and clo…

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4 mins read

Scheduled food orders to using drones: Zomato experiments that made headlines

Zomato has never really shied away from experimenting in the past. The food delivery giant recently…

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7 mins read

A billion little pieces: Unicorns lose bragging rights as funding winter deepens

A unicorn, by its very definition, is a rare creature only to be found in myths and fairytales. Not…

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7 mins read

New-age tech companies rake in business but are still making losses

New-age technology companies like Paytm, Delhivery, Zomato and Policybazaar are among companies tha…

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Fewer restaurants and delivery partners are signing up with Zomato

Restaurants and delivery partners are critical to Zomato’s business model, but few are signing up w…

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Zomato tanks 22% in two days wiping out over ₹9,000 crore investor wealth – here’s what is happening

Shares of Zomato tanked 22% in two days, wiping out over ₹9,000 crore of investor wealth in a flash…

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Nykaa plunges to all-time low; analysts say overvalued stocks hit most during volatile markets

The stock of FSN E-Commerce Ventures, parent company of Nykaa has tumbled this entire week, and hit…

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3 mins read

This is why it costs more to order online on Zomato and Swiggy than to dine-in

Zomato has come under a lot of fire after a social media user pointed out that the same food, when …

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4 mins read

From 0 to $100 million in 5 years – That’s how long startups founded in 2017 took to scale up, says Redseer report

The average time taken by startups to reach revenue of $100 million has gone down significantly in …

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1 min read

Blue-collar workforce management platform BetterPlace aquires OkayGo, aims to provide pre-skilled workers in India

With this move, BetterPlace said it aims to reduce the cost of hiring for enterprises by 15-20 per …

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4 mins read

Zomato IPO opens tomorrow — and even analysts are confused

Zomato will open its IPO on Wednesday, July 14, at a price band of ₹72-76.

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5 mins read

Indian markets open in the red tracking Covid-19 concerns in China – Tata Steel, Tata Motors, Zomato and others in focus

Indian markets made a negative opening for the week tracking fresh outbreaks of Covid-19 in China, …

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Swiggy tightens focus on grocery delivery, as Zomato steps out

While Zomato has decided to step away from direct competition in the segment for now, Swiggy has…

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1 min read

March saw Zomato processing 2 million online orders, with 23% MoM growth

Zomato processed 2 million online orders in March and registered 23% MoM growth

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Zomato investor Info Edge has invested in a drone startup helping Swiggy make deliveries

Skylark Drones, which is Swiggy get its drones off the ground, has raised $3 million in a funding …

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3 mins read

Tempted to buy new age tech stocks — Zomato, Paytm, Nykaa? Here’s what experts are suggesting

The recent slump in such stocks is because of overall weakness in the global and domestic mark…

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2 mins read

Here’s why Zomato is reportedly cutting a $300 million cheque for Grofers

Zomato had recently announced its $1.1 billion initial public offering plan, in which it had men…

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After giving up on 90-minute delivery five years ago due to lack of profitability, Grofers is now chasing 10-minute delivery

Zomato-backed groceries delivery startup Grofers has decided to rebrand itself to Blinkit as it aim…

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4 mins read

Paytm is inching closer to Macquarie's target of ₹1200

The shares of Paytm were trading at ₹1298 at 12:13 p.m. on November 22, representing a drop of 1…