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Deepinder Goyal

Zomato Q4 net loss narrows to Rs 187.6 crore

Its consolidated revenue from operations during the period under review stood at Rs 2,056 crore against Rs 1,211.8 crore in the year-ago periodNew Delhi: Online food delivery platform Zomato on Friday said its consolidated net loss narrowed to Rs...

Zomato setting up ‘Rest Points’ for delivery partners

Rest Points offer clean drinking water, phone-charging stations, access to washrooms, high-speed internet, a 24 7 helpdesk and first-aid supportNew Delhi: Online food delivery platform Zomato on Thursday said it is building public infrastructure called 'Rest Points' to support the...

Zomato worst digital workplace in India: Fairwork Survey

According to a survey by Fairwork India Ratings, Zomato, along with rival platform Swiggy and cab-hailing app Uber, were ranked the worst performing digital platforms this year, scoring only 1 out of 10 points. The report examined working conditions...

Zomato raises US$ 52 million from Kora Investments

Zomato has raised additional US$ 52 million from US-based Kora Investments, as part of its ongoing $600 million financing round, according to regulatory filings. The funding which is part of the company’s ongoing series J financing round marks the firm’s...

Food delivery volumes in India reach pre-COVID-19 peaks: Deepinder Goyal, CEO, Zomato

The food delivery volumes in India have reached pre-COVID-19 peaks, Deepinder Goyal, Founder and CEO, Zomato said on Monday. According to a PTI report: He also said it is anticipated that the food delivery sector will continue to grow at around...

Affluent Indians lead food delivery market recovery: Zomato CEO

In a sign that Indians are now no more afraid of ordering food despite a surge in caseloads, Zomato on Wednesday revealed that the food delivery sector has recovered to (and even grown beyond) pre-COVID levels in a number...

Zomato raises US$ 150 mn from existing investor Ant Financial, to file for IPO in first half of 2021

Online restaurant guide and food ordering platform Zomato on Friday said it has raised US$ 150 million (over Rs 1,065 crore) from existing investor Ant Financial as part of a larger funding round. According to a regulatory filing by Info...

Zomato expects July net loss under $1mn as COVID-19 hits business

Foodtech unicorn Zomato expects its net loss in July to be under US$ 1 million even as COVID-19 has set it back by about a year in terms of the size of the business, the company said in its...

Zomato's food delivery CEO Mohit Gupta made co-founder

Foodtech unicorn Zomato has promoted its CEO for Food Delivery, Mohit Gupta, to the position of Co-Founder. The announcement was made by Zomato CEO Deepinder Goyal in an internal email to employees. "While the foundation of Zomato was built before...

Amazon enters food delivery business in India as Zomato, Swiggy struggle

Sending a strong signal to Zomato and Swiggy who have been severely hit by COVID-19, e-commerce giant Amazon with deep pockets has entered the vast online food delivery market in India, with launching Amazon Food at select pin codes...
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Uniqlo India aims to touch Rs 1,000-cr sales mark in FY’25, to increase local sourcing

Besides Uniqlo India is also increasing local sourcing, aiming to source 18% from local production by 2025, from 15.5%...
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