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India's M&A deal value surges 66% in 2024, bucks global trends of just 10% uptick in value

India is outpacing this trend with a 66% surge in M&A activity, as compared to a 5% decline noticed…

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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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Zomato posts Q4 consolidated net profit at ₹175 crore

Consolidated revenue from operations stood at Rs 3,562 crore. It was Rs 2,056 crore in the year…

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Zomato’s Blinkit buy is a poison pill that will burn cash and delay profits

Zomato today said that it will acquire Blinkit Commerce (formerly known as Grofers India) for a …

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Grofers puts on a new name, Blinkit, to show how the focus of its business is changing

The rebranding comes months after the company launched an initiative to deliver groceries in 10 …

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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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A nine-month old startup is racing past Reliance, Tata and Zomato backed startups in the 10-min delivery market

The users themselves are lapping up the fast delivery options - thereby expanding the market…

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Grofers becomes a unicorn after Zomato reportedly invests $120 million

Gurugram-based grocery delivery startup Grofers has reportedly entered the unicorn club, after rais…

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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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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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Zomato denies rumours about Grofers acquisition deal amid surge is grocery orders

Flush with funds, Zomato has partnered Grofers for the delivery of essential items – along with …

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4 mins read

INTERVIEW: Grofers founder explains why he rushed to rebrand the startup and his plans seem ambitious

“We were doing it [rebranding and focusing on faster delivery] out of the mind that we either out-i…

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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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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

A netizen is seeking roll back of the 10 minute delivery feature on Swiggy, Dunzo, Zepto and Grofers

Social media has been filled with such critics who have been raising voices against the quick comme…

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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…

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Grofers cofounder Saurabh Kumar exits, says he wants to ‘wander again’

Kumar, in a farewell email to employees at Grofers, wrote “I haven't known a life outside Grof…

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Partners’ association tells Zomato to see delivery executives as human beings

Even as Zomato is celebrating its entry into the 10-minute food delivery space, the delivery partne…

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6 mins read

Here’s why Grofers may allow an American 'blank cheque' firm to buy it out instead of fighting Ambani and BigBasket for IPO

India’s grocery market is estimated to be $600 billion and less than 5% of it is organised, accordi…