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2 mins read
Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal
Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…
2 mins read
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…
3 mins read
Zomato to acquire Paytm's entertainment ticketing business for Rs 2,048 crore
Zomato has acquired Paytm's entertainment ticketing division for Rs 2,048 crore. The move, includin…
PTI
1 min read
Zomato completes acquisition of Paytm's entertainment and ticketing business
Food delivery company Zomato has completed the acquisition of Paytm subsidiaries WEPL and OTPL for …
ANI
2 mins read
Zomato will absorb around 280 Paytm employees, CEO Deepinder Goyal says
Zomato recently acquired Paytm's entertainment and ticketing business for Rs 2,048 crore in an all-…
2 mins read
Paytm stocks rise over 2 percent after selling entertainment ticketing business to Zomato
One97 Communications, the owner of Paytm, saw its shares rise by more than 2% after announcing the …
PTI
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…
1 min read
Diwali gift from Zomato – Platform fee increased to ₹10 ahead of the festive season
The festive season is here and you are more likely to order food and sweets from apps like Zomato a…
2 mins read
Do large IPOs guarantee large returns? Data suggests that 18 of India's biggest 30 IPOs did not generate solid returns
While over Rs 50,000 crores have been raised by these share sales so far since 2023, only 22% of th…
1 min read
SoftBank sells another 2% stake in Paytm, offloads ₹3,800 cr worth shares in FY24
Japanese investment giant SoftBank has sold an additional 2 per cent stake in Paytm's parent compan…
4 mins read
Block deal bonanza for investors as bull run continues
Indian stock market indices are scaling new highs every day with the Nifty having scaled Mt 21,000 …
3 mins read
Stocks to watch out for tomorrow : Vodafone, Paytm, Hindustan Aeronautics
Both Sensex and Nifty recorded all time highs during the day's trade. HDFC, ICICI, Mahindra and Mah…
1 min read
Chinese multinational Alibaba exits India, sells its entire stake in Paytm
With this sale, Alibaba is no longer a stakeholder in Paytm. The company had sold around 3.1 per ce…
ANI
5 mins read
Stock price run up in Paytm, Nykaa, Zomato, PB Fintech & Delhivery could see large shareholders cashing out - BofA
“Ironically, better-performing stocks may see blocks //(deals)// a…
6 mins read
New age technology companies back in the spotlight after Q3 performance
There’s no end to the woes of new age technology companies. They are in the spotlight yet again, af…
2 mins read
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…
3 mins read
Bull run bonanza yields almost ₹1 lakh crore in exits for PE/VC investors
Thanks to the bull run which has also seen the market change its view on new-age companies — the ye…
4 mins read
BYJU’s, Zomato, Dream11 among India’s most valuable PE/VC-funded companies as per Hurun
The second edition of the Burgundy Private Hurun India 500 report featured India’s 500 most valuabl…
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…
2 mins read
Zomato, Paytm, Nykaa and others spent ₹6,000 crore on their employees last year
Zomato, Paytm, Nykaa, Delhivery and PolicyBazaar have cumulatively spent close to ₹6,000 crore on e…