Date | Title | Description |
27.04.2025 | Zomato's Turbulent Times: A Closer Look at the Crisis Within | Zomato, the food delivery giant, is in the eye of a storm. Recent claims on social media paint a grim picture of internal chaos and market struggles. Deepinder Goyal, the CEO, finds himself defending the company against allegations that it ... |
27.04.2025 | Meet The Investors Betting Big On India’s Ecommerce Boom | SUMMARY
The Indian ecommerce market is on track to breach the $400 Bn mark by 2030, growing from $138 Bn in 2024 at a steady 19% CAGR
The rampant rise of the Indian quick commerce space, projected to cross the $40 Bn milestone by 2030, is f... |
27.04.2025 | Deepinder Goyal refutes Reddit post on losing market share, forcing employees to order from Zomato | New Delhi, Zomato Founder and CEO Deepinder Goyal has rejected an anonymous Reddit post alleging that things were "going off the rails" with the company, rebranded as Eternal, losing market share to Zepto Cafe and Swiggy and forci... |
26.04.2025 | Deepinder Goyal responds to Zomato ‘off the rails’ Reddit claim: ‘Embarrassing to even clarify...’ | Online food delivery platform Zomato's chief executive officer (CEO) Deepinder Goyal, in a social media post, called out a user's Reddit claim that the company has gone off the rails and said it was embarrassing for him even to issue a clar... |
24.04.2025 | The Rise of India’s Tech Titans: Vayudh and Finodaya Capital Secure Major Funding | In the heart of India’s bustling startup ecosystem, two companies are making waves. Vayudh, a defense technology startup, and Finodaya Capital, a non-banking financial company (NBFC), have recently secured significant funding. These investm... |
24.04.2025 | The Rise of Innovative Startups: A Glimpse into India’s Tech Landscape | In the bustling streets of India, innovation is the new currency. Startups are sprouting like wildflowers after a rain. They are bold, ambitious, and ready to disrupt traditional industries. Two recent funding rounds highlight this trend: V... |
24.04.2025 | The Rise of Investment in India’s Defense and Private Equity Sectors | India is witnessing a surge in investment, particularly in defense technology and private equity. This growth reflects a broader trend in the global market, where innovation meets capital. The landscape is changing, and players are emerging... |
24.04.2025 | The Tug of War in India's Tech Landscape: Funding and Denials | In the bustling world of Indian startups, funding is the lifeblood. It flows like a river, nourishing innovation and ambition. Yet, sometimes, the waters become murky. Recent events highlight this dynamic. Two stories emerge, revealing the ... |
24.04.2025 | Swiggy Allots Equity Shares Worth INR 124.94 Cr Under ESOP Plan Based on Swiggy's opening share price of INR 344.80, the total value of this latest allotment stands at approximately INR 124.94 crore. | Quick commerce and food delivery player Swiggy has allotted 36.32 lakh equity shares under its Employee Stock Ownership Plans (ESOP) 2015 and 2021, according to a regulatory filing with the National Stock Exchange (NSE) on Tuesday.
The newl... |
24.04.2025 | [Update] Zomato’s Food Delivery Biz CEO Quits, Eternal Says Part Of Internal Reshuffle | SUMMARY
Eternal has clarified that chief executive of Eternal’s (formerly Zomato) food delivery business, Rakesh Ranjan has not tendered his resignation
However, the foodtech major said that the leadership cadre is going through a reshuffli... |
22.04.2025 | Traders' Body CAIT Urges Govt to Regulate Quick Commerce | - |
22.04.2025 | India Digest: Vayudh, POSHS Metal Industries raise funds | Vayudh, the defence technology arm of IIT Delhi-incubated BotLab Dynamics, has raised $10 million in fresh funding led by Dharana Capital. Separately, POSHS Metal Industries has raised Rs 43 crore ($5 million) from Aavishkaar Capital’s Glob... |
22.04.2025 | Defence tech startup Vayudh raises $10 million from Dharana Capital, Zomato’s Deepinder Goyal, others | ETtech
Home-grown defence technology company Vayudh has raised $10 million in a funding round led by Vy Capital’s offshoot Dharana Capital.
Read More News on
Vayudhdrone technologyDharana Capitalfunding rounddefence technologyZomato founder... |
21.04.2025 | Zomato’s Platform Fees, Delivery Charges Not Unfair Or Discriminatory: CCI | SUMMARY
CCI has ruled that platform fees, food prices and delivery charges levied by the foodtech major Zomato do not amount to unfair or discriminatory conduct
The ruling follows a complaint filed by Lalit Wadher, who accused Zomato of ant... |
21.04.2025 | Zomato, CCI get Delhi high court notice on restaurant body’s plea in antitrust probe | The Delhi high court on Monday issued a notice to the Competition Commission of India (CCI) and food delivery platform Zomato on a plea filed by the National Restaurant Association of India (NRAI), challenging its exclusion from the confide... |
20.04.2025 | NRAI contests exclusion from CCI confidentiality ring in Zomato antitrust probe | - |
15.04.2025 | Swiggy launches Pyng app for professional services: Book health experts, financial advisors & more on iOS, Android | Food delivery platform Swiggy has launched Pyng, marking its entry into the professional services market. Swiggy's Pyng is a standalone AI-powered app that provides users with verified professional services across over 100 specializations.
... |
10.04.2025 | Start-up debate: Food apps meet todays needs, deep-tech will define future, says marketing guru | New Delhi, Apr 10 (PTI) The nation that produced the world's cheapest data and a battalion of app developers now needs to train its sights on more complex problems and larger prizes in building its own Tesla's, Huawei's and TSMCs, a top mar... |
10.04.2025 | Eternal Initiates Liquidation Of Zomato Netherlands | SUMMARY
Zomato's parent Eternal announced that its step-down subsidiary in the Netherlands, Zomato Netherlands, has initiated its liquidation process
Zomato Netherlands' turnover was nil in FY24, while its net worth stood at INR 32 Lakh. Th... |
06.04.2025 | Swiggy receives ₹7.59 crore tax demand over alleged violation of professional tax deduction from Maharashtra Govt | Online food delivery and quick commerce platform Swiggy Limited announced on Saturday, April 5, that the company had received a tax demand of ₹7.59 crore from the Maharashtra government for an alleged violation of professional tax deduction... |
06.04.2025 | Zomato Food Delivery COO Rinshul Chandra Resigns | SUMMARY
Chandra said he is stepping down to “pursue new opportunities and passions that align with my evolving personal and professional goals”
Zomato cofounder and CPO Akriti Chopra stepped down in September 2024, while the company’s busin... |
03.04.2025 | The Rise of India’s Start-Up Ecosystem: A New Era of IPOs and Mergers | India's start-up landscape is evolving. A wave of late-stage start-ups is preparing to go public, marking a significant shift in the country’s economic narrative. The RainGauge Private Pulse report reveals that 38 high-growth start-ups are ... |
03.04.2025 | NCLT dismisses insolvency plea against Zomato over alleged payment default | The National Company Law Tribunal (NCLT) Delhi on Thursday dismissed an insolvency plea filed against food delivery giant Zomato by uniform supplier Nona Lifestyle over an alleged payment default of ₹1.64 crore.
The NCLT dismissed the insol... |
03.04.2025 | India’s Low Labour-Cost Advantage Under Threat Due To Tech Advancements: CEA Nageswaran | SUMMARY
Speaking at the ongoing Startup Mahakumbh, Nageswaran underlined the growing challenge posed by automation and AI-driven innovations
However, he added that India has key strengths in intellectual inputs, data generation and software... |
03.04.2025 | Relief For Zomato As NCLT Dismisses Insolvency Plea Over Alleged Unpaid Dues | SUMMARY
The National Company Law Tribunal has dismissed an insolvency plea filed against Zomato by Nona Lifestyle over alleged unpaid dues of INR 1.64 Cr
The matter dates back to 2023 when Nona Lifestyle bagged bulk orders from the Delhi NC... |
02.04.2025 | Listed start-ups to contribute 4-5% of India’s market cap: Report | A growing number of late-stage start-ups are gearing up for public listings, according to The RainGauge Private Pulse report by The Rainmaker Group. The report highlights a cohort of 38 high-growth start-ups spanning consumer internet, fint... |
01.04.2025 | Zomato Layoffs: Food delivery firm cuts up to 600 customer support jobs. Here’s why | Zomato Layoffs: Online food delivery platform Zomato cuts up to 600 customer support jobs within a year of taking them on board, reported the news portal Moneycontrol, citing people aware of the development on Tuesday, April 1.
Also Read | ... |
01.04.2025 | Exclusive: Boba Bhai’s Revenue Zooms 6X To INR 30 Cr In FY25, Eyes 3X Growth Next Year | SUMMARY
The startup is currently generating INR 4 Cr in monthly revenue, Kohli told Inc42, adding that it is seeing strong traction from the quick commerce channel
Founded in 2023, Boba Bhai offers bubble tea in 45 flavors. Its other offeri... |
31.03.2025 | BigBasket didn’t imagine consumers will adapt to quick commerce in this manner, says promoter K Ganesh | K Ganesh
K Ganesh, promoter and founder director of BigBasket, said that while the online grocery platform needs to catch up in the quick commerce space, it has inherent supply chain benefits that will help it beat rivals Zepto, Blinkit, an... |
30.03.2025 | Zomato, Ola Electric Amid Losers In A Mixed Week For New-Age Tech Stocks | SUMMARY
Ahead of the start of the earnings season, 20 out of the 32 new-age tech companies under Inc42's coverage declined in a range of 0.18% to just under 19%
The mixed week for new-age tech companies comes despite benchmark indices conti... |
29.03.2025 | Now get AC in just 10 mins! Blinkit delivers in Delhi-NCR, plans expansion in other cities | Zomato's Quick Commerce-arm Blinkit's founder and chief executive officer (CEO) Albinder Dhindsa, on Saturday, March 29, announced that the firm will be delivering Air Conditioners (ACs) in 10 minutes, according to a social media post on pl... |
29.03.2025 | Over 70K Gig Workers Registered On e-Shram After More Aggregators Joined | SUMMARY
As many as 70,000 gig workers have reportedly registered with the e-Shram portal, benefitting from social security schemes, following the onboarding of ten major ecommerce platforms such as Uber, Zomato and Blinkit
As of February 19... |
29.03.2025 | Kadensa Offloads Stake In Zomato Worth INR 120 Cr | SUMMARY
Kadensa Master Fund sold 60 Lakh shares of Zomato at INR 199.5 apiece
The shares that flooded the market were lapped up by Goldman Sachs (Singapore) Pte-ODI for INR 119.84 Cr
This comes days after BofA Securities downgraded Zomato s... |
28.03.2025 | Aggregators May Have To Contribute 2% Of Gig Workers’ Earnings For Pension Scheme | SUMMARY
The government is reportedly planning to introduce a pension scheme requiring platform aggregators to contribute 2% of each worker's income
All major platform aggregators such as Swiggy, Zomato, Binkit and Uber may be asked to make ... |
28.03.2025 | Brands, Celebs clamber onto the Ghibli AI trend, the internet’s latest obsession | With everyone from Prime Minister Modi to cricketer Sachin Tendulkar being part of the viral Ghibli AI trend with their animated pictures seen on social media, could brands be far behind? Sure enough, Zomato, Blinkit, Swiggy, Zepto, Paytm, ... |
27.03.2025 | India's quick commerce sector made two-thirds of all 2024 e-grocery orders, report says | India's quick commerce sector accounted for over two-thirds of all e-grocery orders last year, with its total market share growing about five times to $6-7 billion from 2022, a report by consultancy firm Bain and e-commerce giant Flipkart s... |
27.03.2025 | Quick commerce boom: $6-7 b market set for 40% annual growth: Flipkart-Bain | As quick commerce frenzy intensifies in India, nearly two-thirds of online grocery orders and one-tenth of e-retail spending last year took place on quick commerce platforms, according to a report by Flipkart and Bain and Company.
The secto... |
26.03.2025 | BofA Downgrades Swiggy, Zomato Citing Rising Losses In Q-Com | SUMMARY
BofA Securities has downgraded ratings for Zomato and Swiggy, citing concerns over their future growth prospects and the increasing competitive pressure in the food delivery industry
The brokerage downgraded Zomato’s shares to 'Neut... |
24.03.2025 | Acer India announces one day menstrual leave per month | New Delhi, Mar 24 (PTI) Acer India has introduced a menstrual leave policy that would give female employees one additional day of paid leave per month, as the tech firm joined a growing roster of companies that are looking to foster a more ... |
23.03.2025 | New Age Tech Stocks Recover $6 Bn+ In M-Cap As FIIs Turn Bullish | SUMMARY
In the third week of March (between March 17 and March 21), as many as 27 of the 32 new-age tech companies under Inc42's purview gained in a range of 0.98% to just under 21%
PB Fintech, Ola Electric, Zomato, Paytm, among others were... |
21.03.2025 | Zomato Is Now Officially Eternal As MCA Confirms Name Change | SUMMARY
This comes a couple of weeks after the foodtech major’s shareholders passed a special resolution to change the name of the company to Eternal Limited
The latest exercise marks the second time that the company is rebranding itself, a... |
19.03.2025 | Swiggy Rolls Out B2B Platform ‘Assure’ To Rival Zomato’s Hyperpure | SUMMARY
Assure allows hotels, restaurants and caterers to procure locally-sourced fresh ingredients directly from the platform
The foodtech major has launched a separate app for the new platform on Google Play Store and Apple’s App Store un... |
18.03.2025 | India’s 15-minute meal hunger games | EcommerceNewsletters
Jofie Yordan · 5h ago · 4 min readIndia’s 15-minute meal hunger games
IN FOCUS
In today’s newsletter, we look at:
Quick food deliveries’ high costs in India
The possible outcome of a Grab-GoTo merger deal
Welcome to The... |
18.03.2025 | Vendors turn to insolvency petitions as payment disputes escalate | In an unexpected twist, companies are increasingly finding themselves entangled in legal disputes with their vendors. Suppliers and vendors are turning to insolvency petitions over payment delays, as a legal tool to recover dues.
This comes... |
18.03.2025 | Zomato may face insolvency plea before NCLT | Food delivery aggregator Zomato may face an insolvency plea as one of its operational creditors has moved the National Company Law Tribunal (NCLT), seeking restoration of its previous petition.
Nona Lifestyle Pvt Ltd, an operational credito... |
17.03.2025 | Trends Shaping Early-Stage Investing: Key Takeaways from Leading Investors Top VCs decode the evolving early-stage investment landscape, sharing insights on fundraising, founder traits, sector trends,... | The world of early-stage investing is evolving at an unprecedented pace, driven by emerging trends and technologies that are reshaping how capital is deployed. At the Tech and Innovation Summit 2025 in Bengaluru, leading Indian venture capi... |
17.03.2025 | Quick meals, high costs: inside India’s 10-minute food fight | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Samreen Ahmad · 1d ago · 6 min readQuick meals, high costs: inside India’s 10-minut... |
15.03.2025 | Urban Company launches 15-minute ‘Insta Maids’: Price, cities, offers; ‘expected better’, say netizens | Home services firm Urban Company has forayed into the quick commerce business with its latest offering ‘Insta Maids’, a maid-for-hire service. The service provides users with access to maids within 15 minutes, aiming to make house help serv... |
14.03.2025 | Blinkit job opening gets 13,451 applications in one day; X post sparks debate, netizens say ‘sad reality of market’ | A job posting of Zomato's quick commerce arm Blinkit has sparked an online controversy. The company made a LinkedIn job post seeking a Software Development Engineer in Bengaluru, and its screenshot was shared by a user on X. The screenshot ... |
14.03.2025 | Allo Health raised Rs 16 Cr Pre-series A funding | In its pre-Series A round, which was led by Rainmatter and included current investors, the sexual health startup Allo Health raised Rs 16 crore ($1.83 million).
Prior to this round, Allo had raised $4.4 million in seed funding from Nexus Ve... |
14.03.2025 | Food delivery ecosystem sees push for zero-commission model | India’s food delivery market has long been dominated by the duopoly of Zomato and Swiggy. However, a surge in demand and increasing competition from emerging players offering zero-commission models are reshaping the landscape.
The food deli... |
14.03.2025 | Former L&T Finance chief Sanjay Garyali appointed CEO of microfinance lender Fusion Finance | Former Chief Executive Officer (CEO) of L&T Financial Services, Sanjay Garyali, is set to join as the CEO of a microfinance lender, Fusion Finance, according to an exchange filing on Friday, March 14.
Also Read | Zomato CEO Deepinder Go... |
13.03.2025 | IPO-Bound PhysicsWallah Onboards Three Independent Directors | SUMMARY
PhysicsWallah’s board approved the appointment of former Zomato deputy CFO Nitin Savara, former RBI regional director Rachna Dikshit and ex-bureaucrat Deepak Amitabh
The company said in the filing that the appointments were done in ... |
13.03.2025 | Allo Health Secures INR 16 Cr Funding Led by Rainmatter to Expand Sexual Healthcare The fresh funds will be used to expand clinics, invest in AI-driven healthcare, and enhance patient engagement, stre... | Sexual health startup Allo Health has raised INR 16 crore (USD 1.83 million) in a pre-Series A round led by Rainmatter, with participation from existing investors.
This follows its USD 4.4 million seed round led by Nexus Venture Partners, w... |
08.03.2025 | Bengaluru's Auto-Rickshaw Drivers Stand Firm Against Bike Taxis | In the bustling streets of Bengaluru, a storm brews. Auto-rickshaw drivers, the lifeblood of the city’s transport, are gearing up for a showdown. The Auto-rickshaw Drivers’ Union (ARDU), backed by the Centre of Indian Trade Unions (CITU), i... |
08.03.2025 | Bridging the Gender Gap: The State of Women in Indian Unicorns | In the bustling world of Indian unicorns, a stark reality looms. Women occupy a mere 5.8% of board seats across 116 unicorns, according to PrivateCircle Research. This figure is a drop in the ocean compared to the 18.3% representation in br... |
07.03.2025 | Women hold only 5.8% of board seats across Indian unicorns: PrivateCircle Research | Women held just 5.8 per cent(76) of the 1,314 board seats across 116 Indian unicorns, according to a private market intelligence platform, PrivateCircle Research.
In contrast, women occupied 18.3 per cent of board seats across India Inc in ... |
07.03.2025 | Swish Secures USD 14 Mn in Series A to Expand Instant Food Delivery Post-funding, Hara Global Capital now holds a 13.33% stake in Swish, while Accel India owns 27.24%. Co-founders Aniket Sunil Shah, S... | Swish, the 10-minute food delivery startup, has raised INR 122.32 crore (approximately USD 14 million) in its Series A funding round, led by Hara Global Capital and existing investor Accel India.
This comes just three months after its USD 2... |
06.03.2025 | After 90 hours a week comment, L&T chairman SN Subrahmanyan now announces ‘one day menstrual leave’ | L&T Chairman SN Subrahmanyan has announced that women employees in the L&T parent group will now be entitled to one day of menstrual leave. Women employees make up approximately 9 per cent of the company’s 60,000-strong workforce. T... |
06.03.2025 | Swiggy Shares Jump 5% During Morning Trade | SUMMARY
Brokerage ICICI Securities said in a report on Tuesday said that it sees a potential upswing in the company’s fortunes as soon as May 2025
The brokerage reiterated its ‘BUY’ rating for Swiggy with a target price (PT) of INR 740
Zoma... |
05.03.2025 | The Future of Education and AI: A Tale of Two Innovations | In the heart of Jaipur, a revolution is brewing. JECRC, a beacon of academic excellence, has shattered placement records, setting a new standard in North India. Meanwhile, across the globe, Chinese firms are pivoting towards responsible art... |
05.03.2025 | JECRC Sets New Placement Record | Jaipur, Rajasthan, India
Marking 25 years of academic excellence, JECRC has once again surpassed its own benchmarks in placements, reaffirming its dominance in North India’s recruitment landscape. With a thriving student community of 22,000... |
04.03.2025 | ’Verifiably untrue’: Zepto’s Aadit Palicha refutes Deepinder Goyal’s claim of losing ₹2,500 crore per quarter | Zepto chief executive officer (CEO) Aadit Palicha, on Tuesday, March 4, called out Zomato CEO Deepinder Goyal over claims that the quick commerce giant is losing ₹2,500 crore per quarter. Palicha took to LinkedIn and refuted Goyal's stateme... |
28.02.2025 | John Abraham-backed NOTO Ice Cream raised Rs 15 Cr Growth funding | In a growth funding round headed by Inflection Point Ventures (IPV), NOTO Ice Cream has raised Rs 15 crore ($1.75 million), with LetsVenture and JITO Incubation and Innovation Foundation also participating.
Before this, Titan Capital, Rocks... |
25.02.2025 | Blinkit gets Rs 1,500-crore cash boost from Zomato | ETtechAlbinder Dhindsa, CEO, Blinkit and Deepinder Goyal, CEO, Zomato
India’s largest quick commerce platform Blinkit has received a Rs 1,500 crore fund infusion from its parent company Zomato, according to a regulatory filing made with the... |
25.02.2025 | India Digest: Gensol Engineering to sell its US unit; Zomato invests $178m in Blinkit | Gensol Engineering is selling its US unit Scorpius Trackers, while Zomato has invested Rs 1,500 crore in Blinkit. Gensol Engineering to sell US unit
Gensol Engineering, a renewable energy and electric mobility services provider, is selling ... |
24.02.2025 | Blinkit Well Placed To Dominate Quick Commerce Despite Rising Competition: Bernstein | SUMMARY
Rising competition in the quick commerce market has set Blinkit and Swiggy Instamart off the adjusted EBITDA margin breakeven course by at least 12 months
Blinkit is expected achieve breakeven by Q3 FY26, while Instamart will hit ad... |
24.02.2025 | Zomato Injects INR 1,500 Cr In Blinkit | SUMMARY
Foodtech major Zomato has infused INR 1,500 Cr in its quick commerce arm Blinkit
The latest fundraise comes a month after Zomato injected INR 500 Cr into the quick commerce arm
With the latest funding, Zomato has injected a total of... |
22.02.2025 | Zepto Cafe crosses 100,000 orders per day mark: CEO Aadit Palicha | Quick commerce major Zepto’s 10-minute food delivery service, Zepto Café has hit 100,000 orders per day, noted Aadit Palicha, CEO.
“Zepto Café has hit 100,000 orders per day. That’s closing in on a $100 million annualised GMV (gross merchan... |
21.02.2025 | Together AI Raises $305M Series B to Scale AI Acceleration Cloud for Open Source and Enterprise AI | Funding will accelerate Together AI's leadership as the preferred AI Cloud for building modern AI applications with open source models, and for training frontier models with its large-scale deployment of NVIDIA Blackwell GPUs.
SAN FRANCISCO... |
20.02.2025 | John Abraham-Backed NOTO Ice Cream Raises INR 15 Cr This funding will fuel the company's expansion into Tier I and Tier II cities, the launch of new flavors and formats, and strengthen its marketing, ... | Mumbai-based NOTO Ice Cream, a leading guilt-free ice cream brand, has secured INR 15 crore in its latest funding round, led by Inflection Point Ventures (IPV), with participation from JITO and Lets Venture.
This funding will fuel the compa... |
19.02.2025 | Navigating the Digital Frontier: BlackCloak and Zomato's Bold Moves in Cybersecurity and AI | In the fast-paced world of technology, two companies are making waves: BlackCloak and Zomato. Each is carving a niche in their respective fields—cybersecurity and artificial intelligence. Their recent developments signal a shift in how busi... |
18.02.2025 | 5 Things to Know About Zomato's Nugget AI With the Indian conversational AI market projected to grow from USD 274.5 million in 2022 to USD 1.03 billion by 2029 at a CAGR of 24.58%, Zomato's entry into... | Zomato has introduced Nugget, an AI-powered customer support platform, marking its expansion into business-to-business (B2B) software services.
Deepinder Goyal, co-founder, CEO, and managing director of Zomato, posted on X that the platform... |
17.02.2025 | Zomato Opens Up In-House AI Platform ‘Nugget’ For Enterprises | SUMMARY
Nugget is an AI-native, no-code customer support platform. It provides AI agents ranging from conversational AI chatbots to co-pilots
Deepinder Goyal said that the platform was built as an internal tool over a period of three years,... |
16.02.2025 | India's fledgling startups are ditching the growth-at-all-costs culture for an old favourite | - |
15.02.2025 | Entrepreneur India 35 Under 35 2025: The Geospatial Intelligence Democratiser "I faced a tough challenge— quantifying the devastation of the 2020 California wildfires for an energy giant. The Pro... | For someone yet to hit 35, Suyash Singh has a few notable yet significant accomplishments to his name. This includes building India's first self-propelled hyperloop pod prototype, being the only Asian finalist and one of the top 21 teams gl... |
14.02.2025 | Rebel Foods Launches 15-Minute Food Delivery App ‘QuickiES’ | SUMMARY
IPO-bound cloud kitchen unicorn Rebel Foods is foraying into the 15-minute food delivery segment to take on the likes of foodtech giants Zomato and Swiggy
In a LinkedIn post, EatSure cofounder and CEO Sagar Kochhar said Rebel Foods ... |
13.02.2025 | Delhi high court bars Adyar Gate Hotels from using ITC’s ‘Dakshin’ brand | New Delhi: In a relief for ITC Ltd, the Delhi high court on Thursday restrained Chennai-based Adyar Gate Hotels Ltd from using the name and trademark “Dakshin” for their standalone restaurant.
The court granted an interim injunction in resp... |
13.02.2025 | Swiggy Instamart Behind Blinkit, Zepto In Quick Commerce Race: Citi | SUMMARY
In the QC space, Citi estimates Zomato’s market share at 41%, while Zepto is projected ‘par/higher than Swiggy’, based on data traffic trends, pushing Swiggy to the third place
Swiggy's market share in the quick commerce space is es... |
12.02.2025 | Lotus Makhana Unveils Revolutionary Snacking Innovations at a Grand Product Launch Event | Mumbai, Maharashtra, India
Lotus Makhana set a new benchmark in the snacking industry with an extravagant product launch event held at Taj Santacruz (Mumbai) recently. The event was attended by top professionals from modern trade platforms ... |
10.02.2025 | Zomato’s gamble with ‘Eternal’: A visionary leap or just a name game? | - |
08.02.2025 | What Zomato by any other name means for its business and investors | - |
07.02.2025 | Zomato Transforms into Eternal: A Bold Step Beyond Food Delivery | In a world where change is the only constant, Zomato has taken a leap into the future. On February 6, 2025, the food delivery giant announced its decision to rebrand itself as Eternal Ltd. This transformation is not just a name change; it’s... |
07.02.2025 | Info Edge India Commits INR 1,000 Cr to New Venture Fund In partnership with Temasek, Singapore's sovereign wealth fund, the new fund is expected to exceed INR 2,000 crore (USD 230 million). | Consumer internet company Info Edge India has committed INR 1,000 crore (USD 115 million) to its latest venture capital initiative, IE Venture Investment Fund III, as per its BSE filings on Thursday.
In partnership with Temasek, Singapore's... |
07.02.2025 | AI-Powered Hiring Platform Vahan.ai Secures Investment from Persol Group The funds will enable the Bengaluru-based company to scale its operations, target emerging sectors like manufacturing and retai... | Vahan.ai, an AI-driven recruitment platform, announced securing an undisclosed investment from Asia-Pacific HR services provider Persol Group.
The funds will enable the Bengaluru-based company to scale its operations, target emerging sector... |
07.02.2025 | Zaggle’s Q3 Profit Zooms 30% YoY To INR 20 Cr | SUMMARY
The fintech SaaS company's operating revenue surged 69% YoY and 11% QoQ to INR 336.89 Cr in Q3 FY25
Narayanam said that Zaggle expanded its customer base to over 3,300 during the quarter, signing contracts with companies like Zomato... |
06.02.2025 | Labour min to soon seek Union Cabinet nod for pension scheme for gig workers for online platforms | New Delhi, Feb 6 (PTI) The labour ministry will soon seek the Union Cabinet's approval for a pension scheme for one crore gig workers engaged with online platforms, where social security contribution will be made from their income for every... |
06.02.2025 | Zomato board approves company’s name change from ‘Zomato’ to ‘Eternal’ | Zomato announced on Thursday, February 6, 2025, that it would rename the company “Eternal Ltd” more than two years after it began using the new name internally. The leading food and grocery delivery giant informed in a regulatory filing to ... |
06.02.2025 | Zomato to be renamed ’Eternal’; platform unveils new logo, aims for lasting legacy beyond food delivery | New Delhi [India], February 6 (ANI): Zomato Ltd on Thursday announced that its board has apporved the change of name of the company to Eternal Ltd., marking a significant transformation in its corporate identity.
Deepinder Goyal, CEO, Zomat... |
06.02.2025 | Zomato Gets Board Approval To Rename Itself As ‘Eternal’ | SUMMARY
Zomato said that its board has approved the amendment in the Memorandum of Association and Articles of Association to give effect to the name change
Founder Deepinder Goyal said that following the acquisition of Blinkit, Zomato star... |
06.02.2025 | Deepinder Goyal reveals reason for changing ‘accidental company’ Zomato’s name to ‘Eternal’: ‘It scares me to my core…’ | Online food delivery platform Zomato Ltd's board of directors on Thursday, February 6, approved the holding company's name change to “Eternal” without changing the name of the brand or the app.
Also Read | Zomato board approves change in na... |
05.02.2025 | Healthy food brand Salad Days raised Rs 30 Cr Series A funding | Salad Days, a healthy food brand, has raised Rs 30 crore ($3.6 million) in a Series A funding round led by Client Associates Alternate Fund (CAAF) and V3 Ventures. Notably, after more than a decade of successfully operating as a bootstrappe... |
04.02.2025 | Wardwizard Enters Fleet Operations Space, Deploys 100 E-Bikes in Hyderabad According to Wardwizard, unlike traditional fleet operations, the company aims to introduce first of its first-of-its-kind 'h... | Wardwizard Innovations & Mobility Limited, one of the leading manufacturers of electric vehicles (EVs) under the brands 'Joy e-bike' and 'Joy e-rik', has recently announced its entry into fleet operations and last-mile delivery mobility... |
04.02.2025 | Respite For Zomato: INR 11.8 Cr GST, Penalty Demand Dropped | SUMMARY
Zomato said it received a favourable order from the appeals commissioner, Gurugram, Haryana, dropping the earlier demand order passed by the additional commissioner, CGST Gurugram
Zomato had received the GST demand notice in April l... |
02.02.2025 | Urban Company, Zomato, Blinkit & Uncle Delivery register on e-Shram portal; aid govt move for social security to gig workers | Four leading aggregators — Urban Company, Zomato, Blinkit and Uncle Delivery — have registered on the e-Shram portal, joining an initiative of the Ministry of Labour and Employment to register themselves and their gig employees for availing... |
01.02.2025 | Start-ups see more capital, but key reforms still awaited | Indian start-ups saw the government renew its pledge to increase rupee capital participation through their announcement of a new Fund of Funds (FoF) for start-ups. The previous ₹10,000 crore FoF, managed by SIDBI, helped galvanise around ₹9... |
30.01.2025 | Healthy Food Brand Salad Days Raises INR 30 Cr Series A Funding from V3 Ventures and CAAF With the fresh funds, the Gurugram-based brand aims to drive omnichannel expansion, open new stores, enhance t... | Healthy food brand Salad Days announced that it has secured INR 30 crore in a Series A funding round co-led by V3 Ventures and Client Associates Alternate Fund (CAAF). This milestone marks the company's first institutional funding round aft... |
24.01.2025 | India's Quick Commerce Landscape to Transform with 5,000+ Dark Stores by FY26: Report By 2027–28, dark stores are projected to achieve a gross order value of $35 billion to $40 billion. | The quick commerce industry in India is entering a new phase of evolution, poised for significant growth while balancing expansion with profitability. According to a recent report by HSBC Global Research, the sector, driven by major players... |
22.01.2025 | SamVed Launches USD 50 Mn Fund to Back Early-Stage Tech Startups in India SamVed targets early-stage investments of USD 80K–USD 120K, with up to USD 1 million for pre-Series A, focusing on startups ad... | SamVed, a US-incorporated venture capital firm, has unveiled a USD 50 million fund to fuel early-stage tech startups in India.
The firm, led by experienced professionals from LetsVenture, Bridgewater Associates, and Google, aims to invest b... |
21.01.2025 | Burma Burma and Workie Raise Capital to Fuel Growth and Strengthen Market Presence The following startups have successfully closed their investment rounds, securing capital for future growth. |
Negen Capital Leads INR 25.46 Cr Funding Round for Burma Burma
Burma Burma, a popular pan-India Burmese restaurant chain under Hunger Pangs Pvt Ltd, has raised INR 25.46 crore (USD 3 million) in its latest equity funding round.
The round w... |