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Swiggy makes a grand debut, stock surges 10% on first day of listing

Food delivery giant Swiggy debuted on the Indian stock market with its shares listing at a premium …

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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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3 mins read

ONDC not an immediate risk for Zomato and Swiggy as lower prices are due to discounts

Food delivery app Zomato’s stock price has been languishing between ₹52 and ₹64 for the last one ye…

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Zomato Gold re-launched with free deliveries, VIP access, up to 40% discount on dining, and more

Popular food delivery app Zomato has relaunched its Gold loyalty program, replacing the company’s “…

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Swiggy denies exodus of high-end cafes, restaurants amid deep discounting concerns

A Swiggy spokesperson told IANS that Swiggy Dineout works with over 15,000 restaurant partners on t…

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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

With Zomato rallying over 25% in the past month, street looks at the road ahead

Zomato's Q1FY24 results have shown recovery, with the company surpassing its listing price. The fir…

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Zomato net loss narrows to ₹188 crore in Q4, revenue rises 70% YoY

Online food delivery platform Zomato on Friday said that its consolidated net loss narrowed to abou…

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3 mins read

There are huge discounts on Nykaa, Zomato and shares of other listed tech startups

The sell-off in Indian equity markets has taken the wind out of some of the hottest tech startups t…

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4 mins read

Shinier Zomato Gold, better commissions makes analysts bullish in the long term

Zomato’s stock has been under the pump in 2023, declining by over 12% while the benchmark Nifty50 i…

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HDFC Bank and Swiggy launch co-branded credit card – cashback, offers and more

HDFC Bank, India’s biggest bank has partnered with food and grocery delivery platform Swiggy to lau…

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7 mins read

Serum Institute tops India’s unlisted majors but sheds valuation; Byju’s, Swiggy see worrisome fall

The cumulative value of India's 500 most valuable companies declined by 6.4% to ₹212 lakh crore in …

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Sensex, Nifty50 close in the red as realty, IT and metal stocks decline

Benchmark indices Sensex and Nifty ended lower on Wednesday, dragged down by intense selling in IT …

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Swiggy's losses jump 2X to ₹3,629 crore in FY22, layoffs coming

Online food delivery platform Swiggy's losses doubled to ₹3,629 crore in FY22 compared to ₹1,617 cr…

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4 mins read

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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Hotel industry body cautions restaurants over Zomato Pay, Swiggy Diner

However, restaurants will now compulsorily offer discounts in the range of 15-40 per cent to e…

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3 mins read

Zomato’s path to profitability in the next three years requires two things, say analysts

Brokerages believe there might be a chance for the company to woo investors in a few years as th…

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4 mins read

Zomato posted a ₹1,222 crore loss but its stock gained 18% — reasons behind the surge

Zomato has been losing steam ever since PayTM’s listing debut took the wind off all tech startup va…

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3 mins read

Swiggy’s Instamart is a success but a grocery entry can become Zomato’s ‘poison pill’ says report

Zomato is again trying its hand at something that it has failed twice at – grocery delivery. This t…