Sarah ChenE-Tailing
Zomato and Blinkit Help 210,000 Delivery Partners Claim Rs 33.6 Crore
About 75 per cent of the gig workers filed their income tax returns for the first time through an in-app chatbot service.
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Zomato
Every story tagged Zomato on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
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15 stories in this topic
Aiko TanakaE-Tailing
Alipay set to sell its stake in India’s Zomato for nearly $400 million
Chinese payments group Alipay plans to sell its 3.4 per cent stake in Indian food delivery giant Zomato for nearly $400 million through block deals on Indian stock exchanges, according to three sources and a Reuters review of the deal’s term sheet. Alipay,…
Rajiv MenonStartups
India’s Zomato shares tumble to record low
Shares of Indian food-delivery company Zomato plunged 14.3 per cent to a record low today, as a one-year lock-in period for promoters, employees and other investors came to an end following last year’s listing. Zomato made a stellar debut on July 23 last year…
Aiko TanakaStartups
Zomato boosts Blinkit delivery stake for US$568 million
The top brass of food delivery app Zomato are set to come together on the 17th of June to pen to paper and make the acquisition of Indian based start-up company Blinkit officially complete. The deal is set to be of a stock exchange type at a ratio of 1:10…
Maria SantosStartups
Indian grocery startup Zepto raises new funds at $900 million valuation
Instant grocery startup Zepto has raised $200 million in a new financing round as it looks to expand its 10-minute delivery service to more cities in India and grow its network of dark stores. Existing backer Y Combinator Continuity led Zepto’s Series D…
Rajiv MenonStartups
India’s Zomato raises US$1.26 billion in IPO
Indian food delivery startup Zomato Ltd ` will raise US$1.26 billion by pricing its shares at 76 rupees each in its initial public offering, according to two sources with direct knowledge of the matter. The sources could not be named as the information has…
Maria SantosStartups
Zomato takes over Uber Eats in India
Local food-delivery app Zomato has purchased Uber Eats in India. “We are proud to have pioneered restaurant discovery and to have created a leading food-delivery business across more than 500 cities in India,” said Zomato CEO Deepinder Goyal. “This…
Rajiv MenonFashion
India’s Zomato to convert 40 pc of delivery fleet into power-assisted bikes in 2 years
Online restaurant guide and food ordering firm Zomato Monday said it is planning to convert 40 percent of its delivery fleet into power-assisted bikes in two years. Currently, the company has over 5,000 cyclists operating across 12 cities in India, with the…
Wei ZhangFood
Restaurant association questions deep discounts on Swiggy, Zomato
The National Restaurant Association of India (NRAI) on Tuesday said it has raised concerns over deep discounting and data masking by food ordering and delivery startups such as Swiggy, Zomato and Ola’s Foodpanda. According to a report, The restaurants’ body…
Rajiv MenonFood
Zomato India 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 on the…
Aiko TanakaE-Tailing
Myntra launches loyalty program, ‘Myntra Insider’
Myntra has announced the launch of its loyalty program, Myntra Insider. A first of its kind in the country, the program is a comprehensive package, designed to strengthen engagement with its users to drive stickiness on the platform. This open-to-all program…
Sarah ChenFood
Zomato India expands food delivery services to other cities
Online restaurant guide and food ordering firm Zomato on Wednesday said it has expanded its ordering and food delivery services to Vijayawada, Madurai, and Cuttack as part of its expansion plans. With this launch, Zomato’s online ordering services are now…
Maria SantosE-Tailing
Deliveroo heads to India
UK food-delivery startup Deliveroo is preparing to launch in India. Valued at US$2 billion, the company is hiring a country head along with a full team, insiders say, according to The Times of India. It will go head to head with local players like Swiggy and…
Rajiv MenonE-Tailing
Foodpanda India looking to raise $50m
Rocket Internet-backed Foodpanda India, which last year faced allegations of internal fraud and misappropriation of funds, is reported to be raising fresh capital. It has mandated Mumbai-based mid-market investment bank O3 Capital for a US$40-60 million…
Wei ZhangFood
Google India delivers for food fans
Working with local partners, Google India has made online ordering and restaurant bookings easy. When people use their phones to search Google for nearby restaurants, the search results offer an option to “place an order”. By tapping the option, users can…