Zomato: News

A restaurant aggregator and food delivery company, Zomato has been in the news a lot recently. Founded in 2008, this Indian start-up operates in more than 10,000 cities in 24 countries. It provides information and details about menus and user-reviews of restaurants, and also food delivery options from partner restaurants. Off late, in light of the ongoing COVID-19 outbreak, Zomato had started delivering groceries under the name of Zomato Market. And after two months, sources said that this “is not working out for them.” There has been no official verification though. Zomato also is into alcohol delivery in Jharkhand, Odisha and West Bengal, along with its competitor, Swiggy. Further, Zomato, in May, had laid-off 13% of its workforce, which was confirmed by Deepinder Goyal (Founder and CEO).

25 Jul 2024

Instagram

Zomato delivery agent's ₹500 room in Mumbai slum goes viral

Pranjoy Borgoyary, a Zomato delivery agent originally from Northeast India, has garnered widespread attention after sharing a video tour of his modest living quarters in a Mumbai slum.

22 Jul 2024

Amazon

Amazon India is in talks to buy this Blinkit rival

Amazon is reportedly in talks with food delivery giant Swiggy for a potential deal involving its quick commerce business, Instamart.

16 Jul 2024

Swiggy

You can again order liquor from Swiggy, Zomato, and BigBasket

Food delivery behemoths Swiggy, Zomato, and BigBasket are reportedly gearing up to recommence home delivery of low-alcohol beverages such as wine, and beer.

15 Jul 2024

Karnataka

Zomato fined ₹60,000 for not delivering ₹133 momos order

A consumer court in Karnataka has ruled in favor of a woman who did not receive her momos order placed through the food delivery app Zomato in 2023.

15 Jul 2024

Deepinder Goyal

Middle-class roots to billionaire club: Story of Zomato's Deepinder Goyal

Deepinder Goyal, the founder of Zomato, has an inspiring journey from a middle-class background to leading a global food delivery brand and entering the billionaire club.

15 Jul 2024

Swiggy

Platform fee hiked: Your Swiggy, Zomato orders are getting costlier

Food delivery behemoths Swiggy and Zomato have escalated their platform fee by 20%, from ₹5 to ₹6 per order.

15 Jul 2024

Deepinder Goyal

Zomato's Deepinder Goyal becomes billionaire: Check his net worth

Deepinder Goyal, the founder and CEO of food delivery company Zomato, has become a billionaire following a record rally in the company's shares.

12 Jul 2024

Deepinder Goyal

Zomato users can now delete individual orders from delivery history

Zomato, a widely-used food delivery app in India, has launched a new feature that allows users to delete individual orders from their order history.

02 Jul 2024

NBFC

Zomato withdraws NBFC licence application, exits lending business

Zomato, the food and grocery delivery giant, has decided to withdraw its application for a non-banking financial company (NBFC) licence.

30 Jun 2024

GST

Zomato hit with ₹9.45 crore GST notice, plans to appeal

Zomato has been issued a Goods and Service Tax (GST) demand notice of ₹9.45 crore by the Assistant Commissioner of Commercial Taxes (Audit), Karnataka, according to the company's BSE exchange filing.

New F&O rules open doors for JFS, Zomato's Nifty entry

The Securities and Exchange Board of India (SEBI) has introduced significant changes to equity derivatives regulations, potentially enabling Jio Financial and Zomato to join the NSE Nifty 50 Index.

16 Jun 2024

Paytm

Zomato in talks to acquire Paytm's ticketing business: Report

Zomato, a leading food delivery service, is reportedly in advanced negotiations to acquire Paytm's movie ticketing and events business.

12 Jun 2024

Blinkit

Zomato invests ₹300 crore in Blinkit amid quick commerce battle

Zomato, a leading food delivery platform, has announced a fresh investment of ₹300 crore in its subsidiary, Blinkit.

31 May 2024

Blinkit

Zomato shares tank 5% following Macquarie's downbeat forecast

Zomato, a leading food delivery platform in India, experienced a more than 5% drop in its share price on Friday.

29 May 2024

Business

Zomato in discussions with NBFCs to provide loans to restaurants

Zomato, a leading food delivery platform, is reportedly reviving its lending ambitions after a brief hiatus.

13 May 2024

Blinkit

Zomato reports Q4 profit of ₹175 crore, revenue grows 73%

Zomato, a leading food delivery platform, has announced a consolidated net profit of ₹175 crore for the quarter ending March 31, 2024.

13 May 2024

Deepinder Goyal

Zomato achieves biggest ever order volume on Mother's Day

Zomato reported an unprecedented volume of orders on Mother's Day, surpassing even the numbers seen on New Year's Eve, as stated by CEO Deepinder Goyal.

12 May 2024

Business

Zomato subsidiaries' auditor resigns, clearing path for Deloitte

Zomato, the popular food delivery platform, has announced that Batliboi & Associates, the auditor of its subsidiaries Zomato Hyperpure and Blink Commerce, has resigned effective immediately.

08 May 2024

Deepinder Goyal

Zomato launches weather network to provide real-time temperature, rainfall updates

Zomato, a prominent food aggregator in India, has launched the country's first crowd-supported weather network.

26 Apr 2024

Blinkit

Blinkit more valuable than Zomato's food delivery business: Goldman Sachs

Goldman Sachs, a leading brokerage firm, has revealed that the value of Zomato's quick commerce venture, Blinkit, has exceeded its main food delivery business.

26 Apr 2024

Deepinder Goyal

Zomato's Deepinder Goyal behind Delhi's biggest land deal in FY24

Deepinder Goyal, the founder of food delivery giant Zomato, has made a significant mark in Delhi's real estate sector.

22 Apr 2024

Blinkit

Zomato increases platform fee by 25%, halts Intercity Legends service

Zomato has announced a 25% increase in its platform fee, taking it to ₹5 per order, ahead of its financial results for the March quarter.

20 Apr 2024

GST

Zomato faces ₹11.82 crore GST demand notice: Here's why

Zomato has been issued a tax demand and penalty order totaling ₹11.82 crore, by the Additional Commissioner, Central Goods and Services Tax, Gurugram.

18 Apr 2024

Amazon

Ex-Google, Amazon recruiters advise against LinkedIn's 'Open to Work' badge

Two former recruitment professionals from Google and Amazon have advised job seekers against using LinkedIn's "Open to Work" badge.

16 Apr 2024

Deepinder Goyal

Zomato launches India's first large-order delivery fleet for big events

Zomato has announced a new initiative in India, introducing a large-scale delivery fleet specifically designed to cater to big gatherings of up to 50 people.

03 Apr 2024

Reliance Industries

Adani Power shares skyrocket to record highs: What's fueling rally?

Adani Power's shares reached a fresh record high on April 3, marking the fourth consecutive day of gains.

31 Mar 2024

Patiala

Zomato delists restaurant after girl dies eating cake ordered online

Zomato announced on Sunday that it has delisted a restaurant and barred its owner after a 10-year-old girl died after eating a birthday cake bought online from the restaurant in Patiala.

22 Mar 2024

Deepinder Goyal

Zomato's Deepinder Goyal is married to Mexican entrepreneur Grecia Munoz

Deepinder Goyal, the CEO of Zomato, recently exchanged vows with Grecia Munoz, a former model from Mexico.

20 Mar 2024

Deepinder Goyal

Zomato drops green uniforms for 'pure veg' fleet after criticism

Zomato's CEO Deepinder Goyal has declared that the company would not proceed with its plan to differentiate its 'pure veg' delivery personnel by dressing them in green uniforms.

19 Mar 2024

India

Zomato gets pure veg mode and fleet in India

Food delivery platform Zomato has launched a 'Pure Veg Mode' and 'Pure Veg Fleet,' for customers with a 100% vegetarian dietary preference in India.

16 Mar 2024

Aston Martin

Zomato CEO brings home India's first-ever Aston Martin DB12

Aston Martin has delivered the first unit of DB12 in India. Launched in the country last year, it is the first of its kind to be delivered in the country.

06 Mar 2024

Stock Market

Why Zomato shares declined today to end 5-day rally

Zomato shares took a 5% hit after a five-day surge, as 2% of the company's equity was traded in several large transactions earlier today.

08 Feb 2024

Business

Zomato's Q3 profit surges over 280% to Rs. 138cr

Zomato has reported a net profit of Rs. 138 crore for the October-December quarter, marking its third straight quarter of positive earnings.

06 Feb 2024

Tata

Tata Neu embraces ONDC to start food ordering service

Tata Neu, the Tata Group's super app, is gearing up to join the online food ordering sector by utilizing the Open Network for Digital Commerce (ONDC).

Zomato receives RBI approval for payment aggregator license in India

The Reserve Bank of India (RBI) has given Zomato Payments Private Limited, a subsidiary of food delivery giant Zomato, the green light to operate as a payment aggregator (PA) in the country.

23 Jan 2024

Hrithik Roshan

Zomato-backed Cult.fit lays off 150 employees in cost-cutting drive

Cult.fit, a popular fitness company backed by Zomato, has laid off around 120-150 employees in an effort to cut costs and improve its financial standing.

23 Jan 2024

Swiggy

Swiggy's latest 'experiment' doubles platform fee to Rs. 10

Swiggy may double the platform fee on food orders from Rs. 5 to Rs. 10 in the coming days.

15 Jan 2024

Domino's

You can now order Domino's Pizza using ONDC platforms

In a move aimed at reducing its dependence on food delivery platforms like Zomato and Swiggy, several outlets of Domino's pizza in Delhi-NCR have joined the Open Network for Digital Commerce (ONDC).

06 Jan 2024

Business

Zomato exits 10 international markets in less than year

Zomato has announced that it is dissolving its subsidiaries in Vietnam and Poland.

01 Jan 2024

Zomato Gold

Zomato raises platform fee for food delivery orders

Starting January 1, 2024, Zomato has raised its platform fee for food delivery orders from Rs. 3 to Rs. 4 per order in major markets.

01 Jan 2024

Deepinder Goyal

Zomato delivers record-breaking orders on New Year's Eve

Zomato rang in the New Year with a bang, experiencing an incredible surge in orders that surpassed all previous records.

25 Dec 2023

Mumbai

Biryani is most-ordered dish on Zomato in 2023

Zomato has released its yearly report on ordering patterns, disclosing the top three dishes that were most frequently ordered.

21 Dec 2023

E-commerce

Zomato makes offer to acquire Shiprocket

Leading food delivery company Zomato has proposed a deal to acquire Indian e-commerce shipping start-up Shiprocket, according to Bloomberg.

15 Dec 2023

Stock Market

New-age stocks make comeback in 2023: Zomato, Paytm, and more

In 2023, stocks like Paytm, Zomato, Nykaa, PB Fintech, CarTrade Tech, and Delhivery have made a strong comeback, rewarding investors after a disappointing 2022.

14 Dec 2023

Business

Zomato empowers delivery partners with CPR, first-aid skills

Zomato has launched a first-responder training program called 'Serving India' for its delivery partners.

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