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Zomato raises $1 bn via QIP; Motilal Oswal, ICICI Prudential among big domestic investors

Zomato had launched its Qualified Institutional Placement (QIP) issue on 25 November, which closed on 28 November New Delhi: Food delivery aggregator Zomato has raised Rs 8,500 crore by selling equity shares to qualified institutional investors, mainly domestic mutual fund...

Chief of Staff vacancy at Zomato, CEO wants candidate to pay Rs 20 lakh in 1st yr

The 20 lakh will be donated to non-profit Feeding India with the company offering to contribute Rs 50 lakh to a charity of the candidate's choiceNew Delhi: In an unusual job vacancy posting for his Chief of Staff, online...

Malls need to be ‘more humane’ towards delivery partners: Zomato CEO hits out

Goyal shared his first-hand experience as a delivery executive picking up orders for the food tech giant on social mediaNew Delhi: Zomato CEO Deepinder Goyal on Sunday said malls need to be "more humane" towards delivery partners, sharing his...

Zomato to acquire Paytm’s entertainment ticketing business for Rs 2,048 cr

Zomato will spin off the new business into a new app called 'District'New Delhi: Online food delivery platform Zomato will acquire Paytm's entertainment ticketing business for Rs 2,048 crore to strengthen its "going-out" segment in a deal that will...

Zomato collected Rs 83 crore in platform fee from customers till March

Platform fee has been cited as one of the three key factors driving Zomato's adjusted revenue, which grew 27 per cent year-on-year to Rs 7,792 crore in FY24New Delhi: Food delivery aggregator Zomato, which began charging platform fee on...

Zomato to launch ‘District’ app for out-of-home services: CEO Deepinder Goyal

Goyal shared that he sees 'District' emerging as the third large B2C business out of ZomatoNew Delhi: Food delivery aggregator Zomato is launching "District", a new platform to consolidate going-out services such as dining, movies, sports ticketing, live performances,...

Motilal Oswal MF sells Zomato shares for Rs 646 crore

Motilal Oswal MF sold more than 2.84 crore shares or 0.3 per cent stake in Gurugram-based ZomatoNew Delhi: Motilal Oswal Mutual Fund (MF) on Tuesday divested its stake in online food delivery aggregator Zomato for Rs 646 crore through...

Zomato to surrender RBI licence to operate as online payment aggregator

Zomato announced the incorporation of ZPPL in 2021 as its wholly owned subsidiary to carry out the business as a payment aggregatorNew Delhi: Food tech major Zomato on Monday said its subsidiary Zomato Payment Pvt Ltd (ZPPL) has decided...

Zomato shares decline nearly 4%

At the NSE, shares of the company dipped 2.30% to Rs 196.65New Delhi: Shares of online food delivery firm Zomato Ltd on Monday declined nearly 4% on a day the company announced its March quarter earnings.The stock went lower...

Zomato posts Q4 consolidated net profit at Rs 175 crore

Consolidated revenue from operations stood at Rs 3,562 croreNew Delhi: Online food delivery firm Zomato Ltd on Monday reported a consolidated net profit of Rs 175 crore in the March quarter on the back of higher revenue.The company had...
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IndiaMART reports 16% revenue growth in Q3 FY25; net profit jumps 36%

Net Profit Margin Expands to 30%; EBITDA Margin Reaches 39%New Delhi: Online B2B marketplace IndiaMART has announced robust financial...
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