Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, Blinkit. Despite this,...
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Zomato has invested an additional Rs 500 crore into Blinkit, its quick commerce business, bringing total funding to Rs 2,800 crore since the 2022 acquisition. This move follows Zomato's recent Rs 8,500 crore fundraising, aimed at bolstering its financial position amidst stiff competition in India's quick commerce sector.
Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, Blinkit. Despite this,...
Zomato share price fell after its net profit plummeted by 57.24% to ₹59 crore, compared to ₹79 crore during the same quarter of the previous...
Deconstruct, a skincare brand, has secured Rs 65 crore in funding from investors including L’Oréal's BOLD, V3 Ventures, DSG Consumer Partners,...
In a major leap for the food-tech and entertainment industry, Zomato’s ‘District’ app has surpassed 6.5 million downloads, making waves in the...
Pushpa: The Rule - Part 2, starring Allu Arjun, continues its strong box office performance as it nears its OTT release. On its 54th day, the film...
A significant portions of Zomato's expenses came from purchases of stock-in-trade which grew to ₹1,510 crore from ₹783 crore earlier.
Union Finance Minister Nirmala Sitharaman’s Education Budget 2025 introduces significant initiatives for India’s IITs, including expansion of...
HUL’s ₹2,955 Crore Acquisition of Skincare Brand Minimalist: Here all you need to know about this deal Hey skincare lovers! Here’s news to...
In two days, the company's market capitalisation (mcap) got eroded by Rs 35,175.53 crore to Rs 2,04,876.94 crore.
Shares of Zomato fell by 12 per cent after a 57.2 per cent drop in its consolidated net profit for the December quarter. This decline also impacted...