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Ashneer Grover blames Zomato's Blinkit acquisition for its share price fall

Former BharatPe Co-founder and managing director Ashneer Grover said on Tuesday that Zomato should …

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3 mins read

Amazon, Flipkart, Zomato fall under ‘essential services’ but their delivery agents are being stopped by the police

However, the relief was been short-lived. Delivery agents from Amazon, Flipkart, Zomato, Grofers…

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Swiggy is now valued more than Zomato

Swiggy was valued at $10.7 billion in this latest round, a source close to the deal told Busines…

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Zomato founder Deepinder Goyal sells all his shares in Blinkit to Tiger Global

Zomato, however, will continue to be a shareholder in the online grocery delivery company. Th…

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3 mins read

The sequence of events leading up to the exit of Gaurav Gupta from Zomato

Zomato’s initial public offering (IPO) was the watershed moment of the Indian startup ecosystem, pa…

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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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Mukesh Ambani is taking e-tail by storm⁠ — JioMart already has more daily active users than BigBasket and Grofers

The same report said that, JioMart has already crossed BigBasket and Grofers in terms of daily a…

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Zomato and Swiggy have never been this close to making profit, say Goldman Sachs analysts

India’s food delivery market is dominated by two players – Zomato and Swiggy. The two foodtech unic…

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2 mins read

Zomato co-founder Deepinder Goyal has joined Magicpin as an independent director

Magicpin has appointed Zomato’s chief executive officer (CEO) and cofounder Deepinder Goyal as an i…

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5 mins read

Startups go physical from digital as pandemic boom ends

Now that the pandemic boom has faded, edtech startups like Byju’s, Unacademy, Vedantu or furnitu…

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3 mins read

Amazon’s entry in food delivery is a speed bump on Zomato and Swiggy’s race to profitability, says report

India’s food delivery fight enters a new round, and the battle for profitability is going to get to…

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2 mins read

Zomato founder Deepinder Goyal shares an internal joke - the only hurdle for their IPO is Covid-19

This seems to be on the mind of Zomato founder Deepinder Goyal. He shared an internal joke on Tw…

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Zomato and Swiggy both raise funds – but Swiggy leads with a higher valuation

But not far behind is its rival Swiggy. Today, Swiggy announced that it has raised an addition…

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Swiggy gets a $1.25 billion cheque from Softbank for the same reason Zomato went for an IPO

Swiggy has raised $1.25 billion in a funding round led by SoftBank Vision Fund II and Prosus, a wee…

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3 mins read

Swiggy says it's the most loved brand and doesn’t need discounts

This time around though, players might stay away from the price game. Swiggy in fact has a strat…

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Swiggy and Zomato confirm home delivery of alcohol in Jharkhand – and it’s a lot easier than getting liquor in Maharashtra

Foodtech unicorns Swiggy and Zomato are finally delivering alcohol now, although only in Jharkhand …

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1 min read

Swiggy orders $113 million in funds to take on Zomato-UberEats combine

Interestingly, MIH India Food is owned by Naspers, while Hadley Harbor is backed by Wellington M…