Zomato

HSBC's brokerage arm - HSBC Securities and Capital Markets (India) - has cut the valuation of Zomato. The restaurant search service's valuation was slashed from $1 billion to $500 million. The move comes close on the heels of a valuation downgrade in e-commerce player Flipkart...

Zomato's chief product officer Tanmay Saksena, who quit the restaurant discovery platform earlier this year, is joining health care startup 1mg as its chief operating officer (COO). Saksena, along with Namita Gupta, who came from social networking site Facebook, and...

The F&B service industry is one of India’s most vibrant industries with over 25 per cent yearly growth. The Indian food and beverage market, estimated to be over Rs 2 lakh crore in size, may nearly double to touch...

Technology reaches every aspect of our lives, but with the emergence of mobile devices and cloud computing, the impact is more than ever. After the arrival of portable devices on the table, online bookings, social media, and new payment techniques,...

Zomato, the restaurant information portal, has introduced Zomato Base, a bid to get into sales of a cloud-based point-of-sale (PoS) product for restaurants. The company, which is headquartered in Gurgaon, is planning on boosting revenue through new business verticals. Zomato Base is an...

Snapdeal is in talks with Uber to integrate its API on the Snapdeal platform. The tie-up between both the companies will allow consumers to book Uber cab through Snapdeal's app. Apart from this, over the past 12 months, Snapdeal has...

In the next three months, online bus ticketing platform redBus is launching its operations in at least four South and Southeast Asian countries. Last year in June, redBus expanded its operations in Singapore and Malaysia. The company is also exploring...

Snapdeal customers can now book bus tickets, flight tickets, hotel tickets and food directly from its application as it has integrated redBus, Zomato and Cleartrip inventory in its mobile application as a pilot. After this association, redBus, Zomato and Cleartrip...

In recent years, India has become a high-priority market for the global food service industry. In the past few months alone, marquee International brands like Burger King, Wendy’s, Carl's Junior, etc. have pitched their tents in the country. These...