In case Zomato wants to take on more, funds should not be an issue. As of December 2024, its cash reserves stood at ₹19,235 crore, bolstered by the ₹8,446 crore raised around Swiggy’s IPO.

Zomato’s decision to rename its parent company to Eternal Ltd. sent social media into a frenzy, with netizens speculating about the future of their favourite food delivery platform. The ...

It cannot be transferred to a bank account. (Image/PTI) New payment methods have been operationalised on the mobile applications of Swiggy and Zomato’s Blinkit. These features were announced ...

A name can mean everything—or nothing. When Zomato decided to rename its corporate entity to Eternal Ltd last week, the industry sat up and took notice. Was this a strategic move, a branding ...

The Gurugram-based company, which joined India’s benchmark index, BSE Sensex, in December, said on Thursday the name change would better reflect its expanding business portfolio, which includes ...

Amidst rising concerns about 10-minute food deliveries, Zomato founder and CEO Deepinder Goyal told the company’s restaurant partners that Zomato as a restaurant aggregator will “never compete ...

In the 12 years that have passed since, two of its invested businesses have listed on Indian stock exchanges: Zomato* is almost twice the market-cap of Info Edge, while PolicyBazaar is closing in ...

The shares of food delivery and quick commerce majors Swiggy and Zomato extended losses on February ... marking a premium of 5.6 percent over the IPO price of Rs 390. It has now fallen 19 percent ...

An earlier version of this story misspelled the name of Smithfield Foods Inc. in its headline. Smithfield Foods Inc. is offering Wall Street a seat at the table for potential growth in its ...

The NRAI had filed a petition with the Competition Commission of India (CCI) in 2021, accusing both Zomato and Swiggy of abusing their dominant market positions The National Restaurant Association ...

Zomato has recently revealed that its 1.5 million delivery partners earned an average of Rs 28,000 a month in 2024, an income that CEO Deepinder Goyal called "fairly attractive vis-à-vis ...

Pankaj Chaddah earned his degree in Mechanical Engineering from IIT Delhi, following which he joined global management consulting firm Bain & Co as an analyst. This is where he met Goyal, a fellow ...