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Most Valued Indian Companies 2023: Policy Bazaar and Zomato Take the Crown as Fastest-Growing Listed Unicorns

The Indian corporate sector has undergone a dynamic transformation in recent years, with established industry leaders maintaining their dominance while innovative newcomers leave their mark. The latest Burgundy Private Hurun India 500 list presents an interesting data-driven perspective on...

Zomato Plays the Long Game: Prioritizes Brand Identity Over Super App Ambitions, Ditches International Dreams

Zomato has been making waves in recent months with its strategic business restructuring decisions in a bid to strengthen its dominance in India's fiercely competitive food delivery sector. A crucial part of this strategy involves making Blinkit, its quick...

Swiggy and Zomato Lock Horns in India’s Food Delivery Price War: Enough to Entice New Customers?

In India's rapidly expanding online food delivery landscape, industry frontrunners Zomato and Swiggy are revamping their strategies to appeal to a growing demographic of budget-conscious consumers, specifically focusing on students and job-seekers. As the conventional methods of customer acquisition...

Zomato FY Q2 2024: Second Straight Profitable Quarter with 72% YoY Revenue Surge

Zomato Ltd. (NSE: ZOMATO), India's online food delivery major, unveiled its financial results for the second quarter of fiscal 2024 ending September 30, 2023. Interestingly, the company witnessed substantial growth in both revenue and net profit during this period....

Zomato FY Q1 2024 Results: A Historic Profit, 70% YoY Surge in Revenue Cements Its Dominance in India’s Online Food Delivery Market

Zomato (NSE: ZOMATO) released its much-anticipated financial results for the first quarter of fiscal 2024, ending on June 30, 2023, leaving investors overjoyed. In a historic achievement, the Indian food-delivery giant reported its very first profitable quarter, a milestone...

Swiggy, Zomato, Blinkit saw record-breaking food and grocery orders on New Year’s Eve!

December is a holiday-filled month, including Christmas and New Year. As no new year party is ever complete without food and drinks, millions of Indians on 31 December 2022 used their smartphones/laptops to order food online. On new year's...

Amazon failed to compete with Swiggy, Zomato in India: Shutting down its food delivery business

Amazon Food is shutting down in India. This news comes as a surprise given that Amazon's food delivery service has been operational in the country for a little over two years now. In January 2020, the e-commerce giant started...

Uber offloads Zomato: The first step to exit the Indian market?

Zomato's ride of Uber is over! Last month rumours were making rounds on the internet that Uber was exploring options to exit the Indian market. While the debates and discussion related to Uber's possible exit were far from over, last...

Zomato Q4 FY22 Results: Lost Rs 4 crore every day despite 75% jump in revenue

India's leading food aggregator Zomato's Q4 FY22 results are out. The company presented a mixed bag of performance in the last fiscal quarter of 2022 albeit with a promising forecast for the quarters to come. Zomato's net loss in Q4...

Paytm Lags Much Behind Zomato And Nykaa: IPO Oversubcribed Nearly 2 Times

The much-awaited IPO of Paytm which was closed on November 10, 2021, was 1.89 times oversubscribed. While foreign institutional investors flooded the issue with offers, domestic mutual funds and wealthy individuals mostly decided to stay away and opted the...
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India’s Top 3 IT Firms Let Go 65k Employees in FY24: Is Automation the Culprit?

Tech industry layoffs post-Covid have been a major concern, affecting white-collar employment in India. This trend isn't confined to...
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