On July 14, 2021, the stage was set, and excitement was high when Zomato launched its IPO. At ₹72–76 per share and a size of ₹9,375 crore, the offering sparked immense excitement. However, only a few anticipated what followed...
India is an uncertain market, with companies either losing or making huge money amid changing consumer demand. Interestingly, 11 publicly listed companies with market capitalizations exceeding ₹2,000 crore have reported an eye-popping 1,000%+ YoY surge in their net profits...
Zomato Ltd. (NSE: ZOMATO) has recently unveiled its financial results for the first quarter of fiscal 2025, ending June 30, 2024, and the numbers are nothing short of extraordinary. India’s online food delivery giant has been witnessing phenomenal growth in...
In the ever-evolving Indian startup ecosystem, food delivery giant Zomato is discussing acquiring Paytm’s ticketing business for approximately ₹1,600-1,750 crore ($190-210 million). Both companies have confirmed this deal in their filings, indicating a significant strategic realignment for both parties.
The...
Flipkart is reportedly gearing up to enter the food and beverage (F&B) sector via the Indian government-backed Open Network for Digital Commerce (ONDC). Some of the top executives of the Walmart-owned e-commerce giant recently engaged with ONDC officials for...
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 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...
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 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 (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...
