Business News Startups Zomato reports first quarterly profit, revenue jumps 54% YoY to reach ₹2786 crore Zomato reported its Q1’24 earnings today, with the headline being the company… Staff@The Tech PortalAugust 3, 20232 minute read
Business News Startups Zomato says it turned EBITDA positive in Q4 FY23, narrows loss to ₹188 crores Amid the current largely depressed global macro-economic scenario, tech startups are facing… Soumyadeep SarkarMay 19, 20233 minute read
News Startups Zomato launches its own UPI platform for in-app payments, others expected to follow suit Leveraging the fintech phenomena that India’s UPI has come to be known… Soumyadeep SarkarMay 16, 20233 minute read
Business News Most Blinkit stores have resumed operations: Zomato Food delivery firm Zomato has stated, that most of the stores of… Soumyadeep SarkarApril 20, 20232 minute read
News Startups Zomato tries hand at affordable daily meals delivery through ‘Zomato Everyday’ Zomato is looking to try its hand at a brand new delivery… Staff@The Tech PortalFebruary 22, 20232 minute read
Business News Zomato clocks 75% rise in revenue for Q3 FY23, net loss widens to ₹347 crore Zomato’s shares rose slightly (to ₹54.60 per share) on Thursday as the… Soumyadeep SarkarFebruary 9, 20232 minute read
News Startups Zomato reintroduces Gold with free deliveries, VIP access, and more The streak of Zomato’s loyalty programme has been marred with discontinuations and… Soumyadeep SarkarJanuary 25, 20232 minute read
Business News Zomato co-founder Gunjan Patidar ends 14-year run at the company, quits It may be a new year for many, but in the case… Soumyadeep SarkarJanuary 3, 20232 minute read
Business News ‘Zomato Gold’ could make a comeback soon Zomato Gold, the food delivery unicorn’s customer loyalty program, could make a… Soumyadeep SarkarDecember 30, 20222 minute read
News Startups Alibaba expected to sell Zomato shares in block deal worth nearly $200Mn With IPO share sale lock in periods ending for India’s listed tech… Staff@The Tech PortalNovember 30, 20221 minute read
Business Culture & Policy News Zomato confirms 3% workforce being laid off across verticals In the latest instance of employees getting the boot from amid challenging… Soumyadeep SarkarNovember 19, 20222 minute read
Business News Zomato’s food delivery, quick commerce businesses grow in Q2 FY23, net loss narrows to ₹251 crore Restaurant aggregator and food delivery major Zomato reported on Thursday that it… Soumyadeep SarkarNovember 10, 20223 minute read
News Startups Zomato pilots ‘Intercity Legends’ that lets users order from famous eateries in difference cities and deliver them the following day This one is for the foodies. The next time you are craving… Soumyadeep SarkarSeptember 1, 20222 minute read
Business News Venture Capital Sequoia Capital India reduces stake in Zomato, sells stock in two tranches Sequoia Capital India has joined the ever-increasing list of private investors selling… Soumyadeep SarkarAugust 26, 20222 minute read
Business News Zomato stops taking new memberships for its ‘Pro’ loyalty program If you have been looking to subscribe to Zomato‘s loyalty programs, then… Soumyadeep SarkarAugust 22, 20222 minute read
Business News Startups Zomato net revenue up 18% QoQ as losses reduce Zomato reported its first quarter (Q1’23) financials late evening yesterday, and there… Staff@The Tech PortalAugust 2, 20222 minute read
Business Internet News Zomato reorganising itself under a new parent named ‘Eternal’, with each business headed by its own CEO: Report Zomato, while faring decently at the time of its Indian stock market… Staff@The Tech PortalAugust 1, 20222 minute read
Business News Startups Zomato scrip drops by 14%, market cap below last private equity valuation as IPO lock-in period ends Just as journalists, interns, 9-to5ers and day traders were all about to… Guntas SinghJuly 25, 20222 minute read
Business News Startups Days within Blinkit acquisition, Zomato sheds off $1Bn in market cap as shares plummet Zomato, one of India’s earliest tech unicorns, hasn’t had the best of… Guntas SinghJune 28, 20222 minute read
Acquisitions News Zomato to acquire quick commerce startup Blinkit for $568 Mn in all-stock deal The Indian quick commerce sector is in for a ride as food… Soumyadeep SarkarJune 24, 20223 minute read
Business News Uber refutes reports of company’s plans to exit India Responding to a report by Bloomberg claiming Uber had discussed shutting shop… Guntas SinghJune 23, 20222 minute read