Moneycontrol
    Moneycontrol PRO
    LAMF
    LAMF

    Zomato

    Zomato is an Indian multinational restaurant aggregator and food delivery company. Based in Gurugram, a satellite city of India's capital New Delhi, the company was founded in 2008 as Foodiebay, and was renamed Zomato in January 2010 as Zomato Media Pvt Ltd. It offers services like home delivery of food, restaurant discovery, menus, reviews, online table reservations, special discounts while eating at select restaurants, and digital payments when dining out. It also works with restaurant partners to provide tools that enable them to engage and acquire more customers while empowering them with a last-mile delivery service and a one-stop procurement solution – Hyperpure, for ingredients and kitchen products. As of March 2021, Zomato was present in 525 cities in India, with 3,89,932 active restaurant listings along with a presence in 24 countries and in more than 10,000 cities outside India. Deepinder Goyal is the founder and chief executive officer (CEO) of Zomato. On July 23, 2021, Zomato went public, opening its Initial public offering (IPO) at a price band of Rs 72-76 per share. It made a stellar debut on Dalal Street as the stock opened at Rs 116 on the NSE, a 52.63 percent premium to its final offer price of Rs 76. The listing price on the Bombay Stock Exchange was at Rs 115, up 51.32 percent. More

    Jump to

    • Zomato customer orders 2 dishes, gets food for 5 people, Rs 600 refund: ‘Restaurant is shocked’

      'So I ended up with a refund, free food which I wasn't able to finish by myself and a raw mango salad that started this whole fiasco,' Delhi-based creative manager Shatakshee Kar said.

    • 'Just learn cooking': Swiggy hikes platform fee by 17% to Rs 17.58 after Zomato. Internet reacts

      Swiggy has increased its platform fee to ₹17.58 per order, following Zomato’s recent hike. The move comes as Swiggy faces rising expenses and losses, while Zomato posts strong profits, prompting discussion and reactions from users online.

    • After Zomato, Swiggy hikes platform fee by 17% to Rs 17.58 per order; fourth in 7 months

      Move comes shortly after Zomato’s effective platform fee rose to Rs 18

    • Comfortably dumb: Why AI support at Swiggy and Zomato frustrates users

      As platforms tighten support through chatbot-led systems to curb costs and misuse, customers say resolving complaints has become slower, more rigid, and harder to escalate.

    • Zomato raises platform fee to Rs 14.9, second hike in six months

      The latest hike, up from Rs 12.5, comes six months after Zomato's last revision, as platform fees remain a key margin lever for food-delivery major

    • Zomato hikes food delivery platform fee to Rs 14.9 from Rs 12.5 per order: CNBC-TV18

      The revised platform fee represents a hike of 19.2% per order

    • Costly gas but steady gigs: Food delivery worker earnings hold firm amid LPG crunch

      Despite restaurants grappling with soaring LPG costs, supply disruptions and menu cuts, delivery partners for platforms like Swiggy and Zomato report little to no impact on order volumes or earnings, with demand largely stable after an initial dip

    • Eternal shares rise over 4% to emerge as top Sensex gainer on value buying; JM Financial sees up to 80% upside

      Food delivery is in decent shape and quick commerce will see uptick in profits, says JM Financial on 12-month prospects for Eternal stock

    • West Asia war: Swiggy, Eternal brace for impact as gas shortage hits restaurants in India

      Even if tensions ease soon, restaurants could need 30–60 days to normalise operations, and potential price hikes in the interim may pressure food delivery platforms, stakeholders told Moneycontrol

    • The Israel–Iran war is coming for your masala dosa

      Cooking gas shortages linked to the Israel–Iran war has had a ripple effect through restaurant kitchens across India, pushing up LPG prices, forcing menu changes and prompting industry bodies to seek government intervention.

    • Rapido formally rolls out Ownly across Bengaluru with zero-commission food delivery model

      Founder Aravind Sanka says the platform aims to build a “restaurant-first model” rooted in transparency and everyday low pricing

    • Eternal founder Deepinder Goyal bags EY Entrepreneur of the Year 2025

      Goyal will represent India at the EY World Entrepreneur Of The Year Awards in Monte Carlo in June 2025

    • Journalist slams Zomato after customer care AI bot fails to connect to human agents during ‘emergency’

      When an X user questioned what medical emergency could require a food‑delivery company, Abhishek Anand replied that low blood sugar can become serious and that he had ordered fresh juice because other quick‑delivery apps were unavailable at his location.

    • Eternal, Swiggy shares fall up to 3% as IPO-bound Flipkart likely to foray into food delivery

      Flipkart is evaluating a foray into India’s online food delivery segment, with a pilot likely in Bengaluru around May–June and a broader launch possible by late 2026 or early 2027, said a report

    • 'WhatsApp me': Eternal's Deepinder Goyal tells ex-employees after getting over 8,000 rehire emails

      The Eternal founder's appeal follows an overwhelming response to his open call earlier this month, inviting former employees to return to the company's ecosystem, formerly Zomato. On February 3, Deepinder Goyal had shared a post addressed to his former employees, stating, 'I want you back'.

    • Delivery tech stocks surge: Eternal shares rise 6% to 12-week high, Swiggy up 5%; here’s why

      Eternal and Swiggy shares also saw several block deals being executed on the markets today.

    • Deepinder Goyal formally resigns as MD, CEO and director of Eternal; Albinder Dhindsa takes charge

      After announcing the move on January 21, Goyal has now submitted his formal resignation, even as he is set to remain on Eternal’s board as vice chairman, subject to shareholder approval.

    • 'I want you back': Deepinder Goyal’s open call to former employees

      'If you used to work at Zomato, whether you chose to move on, or I was the one who asked you to leave, this is for you,'Deepinder Goyal wrote in a public message addressed to alumni of the food delivery and quick-commerce company.

    • Budget 2026: Food delivery ecosystem pushes for tax relief as costs pressure mounts on restaurants

      With delivery growth increasingly constrained by pricing sensitivity and thin margins, restaurant partners and platforms are pushing for GST clarity, lower compliance costs and policy stability to sustain online demand

    • Pune student demands OTP-based delivery after Zomato order goes missing. Netizens support idea

      Zomato eventually refunded the amount, but not without adding a warning that 'this is the first and last time,' which the student called 'unfair' -- especially since she had no role in the mishap.

    • Zomato Q3 PAT may dip 43.6% YoY to Rs. 99.3 cr: ICICI Securities

      Net Sales are expected to increase by 208.1 percent Y-o-Y (up 26.7 percent Q-o-Q) to Rs. 17,700.6 crore, according to ICICI Securities.

    • Eternal shares tumble 9% from day's high with management transition in focus, brokerages' concerns over competition

      Motilal sees the risk of Eternal being drawn into a 'dogfight', with lower minimum order values and higher discounts amid intensifying competition.

    • Eternal shares jump over 6% today, extend gains as brokerages turn bullish after robust Q3 results

      Eternal stock jumped over 6 percent in early trade on Thursday, building on Wednesday’s nearly 5 percent gain. Buying momentum is driven by upbeat brokerage commentary following the Q3 FY26 earnings announcement.

    • Eternal stock outlook: Brokerages bullish on Zomato after strong Q3 results as Blinkit turns EBITDA-positive

      Brokerages shared bullish views on Eternal (Zomato's) Q3 FY26 results, on the back of a strong quick commerce showing and improving profitability metrics. Analysts' optimistic targets reflect growing confidence in execution, particularly at Blinkit.

    • 'Temple' behind Deepinder Goyal’s resignation as Eternal CEO? Netizens wonder

      Despite online conjecture, Deepinder Goyal has positioned the transition as a shift of operational control rather than an exit. He added that Eternal 'remains my life’s work' and that his financial future remains closely tied to the company, even as he steps away from day‑to‑day execution.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347