Blinkit now the largest player in major metros except Chennai, Hyderabad: Zomato CFO
The food delivery major is focussing on the top eight cities in the country to build infrastructure and business, said ...
Quick-commerce players should come clean on their pricing game
Are quick delivery services using predatory prices? While it’s for the Competition Commission of India (CCI) to decide on ...
Fortune India1h
Zomato profit zooms to ₹176 cr; to raise ₹8,500 cr via QIP
Zomato reported a 389% year-on-year increase in consolidated net profit, reaching ₹176 crore in the second quarter, up from ...
ThePrint1h
India’s Zomato misses Q2 profit estimates as expansion costs squeeze margins
India's Zomato reported a smaller-than-expected rise in profit for the second quarter on Tuesday as margins took a hit from investments on growing "dark stores" used ...
Blinkit’s revenue share from Delhi-NCR falls to 40% as it strengthens hold over other regions
Several analysts and experts have said the $5.5-billion quick commerce market, like the food delivery industry, is fragmented and has different players dominating separate regions like Swiggy in ...
ThePrint2h
India’s Zomato misses Q2 profit estimates as expansion costs hit margins
India's Zomato reported a smaller-than-expected rise in second-quarter profit on Tuesday, hurt by a drop in margins, as it ...
cnbctv183h
Consumer watchdog issues notices to 11 quick and ecommerce firms: sources
We have sent notices to 11 companies in this space for these violations. Some sellers have placed products for human ...
Mint3h
Zomato to raise ₹8,500 cr via QIP as it braces for intensifying competition
(Reuters) The board of Zomato has approved a proposal to raise ₹8,500 crore via a qualified institutional placement (QIP) of ...
Republic Business on MSN3h
Why are startups Like Zepto and Groww leading shift from US, Singapore to India?
ReverseFlipping:   Zepto , the quick-commerce firm, is to move its domicile from Singapore back to India. Quickly becoming a ...
'At a certain point, money becomes inconsequential': Zepto CEO Aadit Palicha says team works 80-100 hours a week for 'sheer passion'
"We love what we're building, we work like crazy, and we're genuinely so excited about what we're creating. It's not really ...
retail.economictimes.indiatimes3h
Zomato to raise Rs 8,500 cr to bolster cash reserves, ensure level playing with competition
Zomato's board has approved raising up to Rs 8,500 crore through a qualified institution placement. This will strengthen ...
moneycontrol.com3h
Zepto founders Aadit Palicha Kaivalya Vohra dropped out of Stanford University. How their parents reacted
Today, their startup, Zepto, is valued at a staggering $5 billion. Speaking at the NDTV World Summit, Palicha, 22, opened up about the journey that led to the creation of Zepto and the challenges they ...