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).

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.

07 Dec 2023

SoftBank Group

SoftBank may sell Zomato shares worth Rs. 1,125 crore

SoftBank plans to sell around 1.1% of its stake in the food delivery giant Zomato, amounting to approximately $135 million (Rs. 1,125 crore) through a block deal, as per Bloomberg.

22 Nov 2023

Swiggy

Zomato and Swiggy receive GST notices totaling Rs. 750 crore

The Directorate General of GST Intelligence (DGGI) has slapped food delivery giants Zomato and Swiggy with Goods and Services Tax (GST) demand notices, amounting to Rs. 400 crore and Rs. 350 crore, respectively.

03 Nov 2023

Business

Zomato reports Q2 profit of Rs. 36cr, revenue up 18%

Food delivery giant Zomato announced a Q2 FY24 profit of Rs. 36 crore, beating estimates.

20 Oct 2023

SoftBank Group

SoftBank likely offloads Zomato shares worth Rs. 1,040cr

On October 20, online food delivery titan Zomato saw its shares climb over 2.5%, hitting the day's high of Rs. 114.50 apiece on NSE.

16 Oct 2023

Swiggy

Swiggy increases platform fee on food delivery orders: Here's why

Popular food delivery service Swiggy has increased its platform fee by 50%, from Rs. 2 to Rs. 3 per order.

13 Oct 2023

India

Zomato launches Xtreme logistics service to take on Swiggy Genie

Zomato, the popular food aggregator, has introduced a new logistics service called Xtreme.

13 Oct 2023

Food

Zomato's food festival 'Zomaland' kicks off on November 4

Zomato's popular food and entertainment carnival, Zomaland, is gearing up for its fourth season, expanding to eight cities starting in November.

07 Oct 2023

Shark Tank India

'Shark Tank India': Zomato, OYO founders join as new sharks

After two successful seasons, Shark Tank India will soon return for a third installment with a captivating blend of innovation and ambition.

22 Sep 2023

Blinkit

Blinkit partners with Apple reseller for lightning-fast iPhone 15 deliveries

Blinkit, a subsidiary of Zomato has partnered with Apple premium reseller Unicorn, to deliver the iPhone 15 series in under 10 minutes.

12 Sep 2023

Business

Zomato to grow at 24% CAGR, says Bernstein Research

Indian food delivery giant Zomato has reached Consolidated Adjusted Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) break-even three quarters earlier than expected.

11 Sep 2023

NOTHING

Nothing Phone (2)'s Glyph LEDs now show Zomato order status

The Nothing Phone (2) has received the latest Nothing OS 2.0.3 update, introducing the much-awaited feature—support for Zomato in Glyph Progress.

02 Sep 2023

Zomato Gold

Meet Zomato AI, expert companion for personalized food orders

Zomato, the popular food delivery and restaurant discovery app, has launched a new AI-powered chatbot called Zomato AI.

03 Aug 2023

Blinkit

After years of losses, Zomato posts profit for first time

Zomato, India's online food delivery giant, has achieved its first-ever quarterly profit in Q1 2023, reporting a net profit of Rs. 2 crore.

01 Aug 2023

Deepinder Goyal

Zomato's Deepinder Goyal loses 15kg, here's how he did it

Zomato CEO Deepinder Goyal shared his fitness journey on Instagram, revealing how he lost over 15 kg, and reduced body fat, and cholesterol levels in four years.

11 Jun 2023

Bengaluru

Bengaluru: Zomato launches South India's first 'resting point'

Food delivery aggregator Zomato on Sunday launched a new resting point for its delivery partners at Vega City Mall in Karnataka's Bengaluru.

09 Jun 2023

Bollywood

'Kachra' ad: Aditya Lakhia says Zomato's 'positive campaign' backfired

Two decades ago, Aditya Lakhia received praise for playing Kachra in Ashutosh Gowarikar's 2001 film Lagaan. He reprised the character for Zomato's controversial Kachra advertisement which was released on World Environment Day. But instead of praise, he received criticism.

08 Jun 2023

Ashutosh Gowariker

Following immense online uproar, Zomato deletes its controversial 'Kachra' advertisement

After being relentlessly bashed online over its recent controversial Kachra advertisement, food delivery app Zomato has deleted the clip.

18 May 2023

Swiggy

In race to deliver profits, here's how Swiggy beat Zomato

Food and grocery delivery platform Swiggy has been on a profitability quest for a while. The company has finally found something to rejoice in.

16 May 2023

ICICI Bank

Zomato launches UPI payment service for seamless in-app payments

You will now be able to complete payments from the Zomato app itself.

08 May 2023

Swiggy

Can ONDC do to e-commerce what UPI did to payments 

Indians are raving about a new character in the food delivery scene: ONDC. The new entrant has seemingly caught the fancy of consumers, threatening the duopoly of Swiggy and Zomato.

28 Apr 2023

Swiggy

How Swiggy will earn Rs. 30L daily with new fee

Food and grocery delivery platform Swiggy has found a way to raise additional money of around Rs. 30 lakh every day. Do you know how?

23 Jan 2023

Workplace

Zomato CEO posts 800+ vacancies: 24x7 job, no work-life balance

Zomato founder and CEO Deepinder Goyal took to LinkedIn to announce a shedload of job vacancies across five roles at the company.

03 Jan 2023

Business

Zomato co-founder Gunjan Patidar resigns; 4th co-founder to leave firm

Gunjan Patidar, co-founder and chief technology officer (CTO) of Zomato, has resigned after over ten years in the firm, the company announced.

28 Dec 2022

Ola

Urban Company best for gig workers; Ola, Uber score zero

With the emergence of the digital platform economy in India, gig workers have grown in demand. However, it seems that these workers are yet to enjoy fair pay and good work conditions.

10 Dec 2022

Music Concert

Post Malone's Mumbai concert: All you need to know

American singer-rapper Post Malone arrived in Mumbai on Friday for his first-ever live concert in India.

19 Nov 2022

COVID-19

Zomato to fire nearly 3% employees in performance-based layoffs

Amid the layoff season across the globe, especially in the tech world, homegrown food aggregator and delivery platform Zomato has confirmed that it will lay off around 3% of its workforce across various departments, Livemint reported.

21 Aug 2022

Hrithik Roshan

Hrithik Roshan, Zomato invite wrath for 'offensive' advertisement hurting Hindus

For the second time this month, actor Hrithik Roshan has found himself clasped in a controversy.

20 Aug 2022

E-commerce

You can now order printouts from Blinkit: Here's how

Blinkit, the Zomato-owned grocery delivery app, has launched a new service to make it stand out in the crowded quick commerce segment - delivery of printouts.

12 Aug 2022

X

This Swiggy delivery executive on crutches wins the internet

The life of a delivery person can be unimaginably tough.

05 Aug 2022

Uber

#NewsBytesExplainer: Why are investors like Uber, Tiger Global quitting Zomato

Zomato has been going through a series of crests and troughs over the last few weeks.

01 Aug 2022

Blinkit

Zomato plans new parent organization 'Eternal' with multiple-CEO structure

Zomato is internally rebranding itself as "Eternal' and plans to have separate CEOs for each of its companies.

24 May 2022

Business

Zomato's loss widens to Rs. 359cr despite 75% revenue increase

Food delivery platform Zomato released a contrasting March quarter report. In Q4 of FY22, the company posted a consolidated net loss of Rs. 359.7 crore, up from Rs. 134.2 crore in Q4 of FY21.

22 Apr 2022

Sustainability

Earth Day 2022: Zomato announces 100% plastic neutral deliveries

As an Earth Day preset, food delivery platform Zomato announced 100% plastic neutral deliveries from this month onward. The company has also set a target of delivering more than 10 crore orders in sustainable packaging.

22 Mar 2022

Technology

Zomato to deliver food in just 10 minutes: Here's how

Zomato founder-CEO Deepinder Goyal on Monday announced the company will launch a 10-minute delivery service called Zomato Instant in India soon.

11 Jan 2022

Delhi Police

Salil Tripathi death: How COVID-19 ruined this ex-restaurant manager's life

Before the COVID-19 pandemic, 36-year-old Salil Tripathi was a Delhi-based restaurant manager, earning comfortable pay to support his wife and son.

31 Dec 2021

Indian Government

Zomato, Swiggy orders may get more expensive from next year

Food delivery services like Swiggy and Zomato will be required to collect and pay goods and service tax (GST) on behalf of all eateries on their platforms starting January 1, 2022.

17 Dec 2021

Narendra Modi

Gig workers threaten large protest over better pay, benefits

Gig workers in India have threatened large protests over their demands for better pay and benefits.

19 Oct 2021

Tamil Nadu

Zomato reinstates terminated agent after Twitter storm over Hindi imposition

Food delivery platform Zomato has reinstated a customer support agent after she was terminated over a Hindi imposition row on social media.

18 Sep 2021

Swiggy

Swiggy, Zomato will now collect GST. Does it affect you?

Food delivery platforms like Swiggy and Zomato will collect 5% Goods and Services Tax (GST) from customers instead of the restaurants they pick up orders from, the GST Council decided in a meeting on Friday.

14 Sep 2021

Gaurav Gupta

Zomato co-founder Gaurav Gupta quits to start 'a new chapter'

Gaurav Gupta, the co-founder and Chief Operating Officer (COO) of homegrown food-delivery platform Zomato, has announced his decision to quit the company.

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