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Zomato to sell UAE food delivery biz for US$ 172 mn

Online restaurant guide and food ordering firm Zomato will sell its UAE food delivery business to Germany-headquartered Delivery Hero Group for about US$ 172 million (nearly Rs 1,220 crore), one of the company's largest shareholders Info Edge said Monday.According...

Zomato to open warehouses in 9 more cities this year

Online restaurant guide and food ordering firm Zomato Friday said it will open warehouses in nine more cities across India by the end of this year. Hyperpure warehouses by Zomato supplies restaurants fresh and clean ingredients at competitive prices,...

How retail’s new-age baniyas are becoming digital disruptors, courtesy millennials

Born with business in their DNA, baniyas have written several success stories when it comes to traditional, brick-and-mortar industry. With the spurt in digital economy, the clan - be it a Bansal, a Goyal, a Gupta or an Agarwal...

Zomato buys Lucknow-based TechEagle to deliver food via drones

With an aim to deliver food via drones in India, online ordering app Zomato on Wednesday announced it has acquired a Lucknow-based startup TechEagle Innovations that works exclusively on drones, for an undisclosed sum.TechEagle will help Zomato create a...

Zomato to expand food delivery business to 100 cities

Online restaurant guide and food ordering firm Zomato on Friday said it is expanding food delivery services to 100 cities over the next week.The company's food delivery services are currently present across 93 cities and lists over 75,000 restaurants...

Mohit Gupta joins Zomato as CEO – Food Delivery

Mohit Gupta, who was formerly at MakeMyTrip as the Chief Operating Officer – Online, has joined Zomato as the CEO of the food delivery business at Zomato."We’re thrilled to have Gupta join our team - he is one of...

Zomato appoints Sameer Maheshwary as CFO

Online restaurant guide and food ordering firm Zomato has appointed Sameer Maheshwary as chief financial officer of the company.Maheshwary will be joining Zomato in July, from GE, where he is currently the CFO for South Asia, Zomato said in...

Zomato posts 45 pc increase in revenue growth over last year

Food technology firm Zomato’s founder and CEO Deepinder Goyal on Monday announced that the company has posted 45 percent jump in gross revenue to US $74 million in FY18 from US $51 million in FY17.Goyal made the announcement via...

Zomato hits US $100 mn revenue run rate, 40 pc growth in last two months, says CEO Deepinder Goyal

Foodtech startup Zomato hit the US $100 million revenue run rate mark in this last month of the current fiscal, Founder and CEO Deepinder Goyal tweeted on Thursday.However, this is not the actual annual revenue of the company as...

Zomato co-founder Pankaj Chaddah quits

Pankaj Chaddah, co-founder of online restaurant guide and food ordering app Zomato has resigned from the company after serving 10 years saying he will take a few months break and start something new.In his letter to the employees posted...
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Ambani unveils growth roadmap for Reliance, co to double in size by 2030

The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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