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  • Zomato rolls out 'priority delivery' feature on app for orders marked as 'COVID-19 emergency' Apr 21, 2021 10:36 PM IST

    Zomato rolls out 'priority delivery' feature on app for orders marked as 'COVID-19 emergency'

    Thousands of restaurants have pledged to prioritise these orders in their kitchen above all others, Zomato founder Deepinder Goyal said.

  • Glenmark Pharma’s Kaizad Hazari to become General Counsel of Arcelor Mittal Nippon Steel India; Ex- Dr Reddy’s Suprio Dasgupta to replace Hazari Apr 17, 2021 07:00 PM IST

    Glenmark Pharma’s Kaizad Hazari to become General Counsel of Arcelor Mittal Nippon Steel India; Ex- Dr Reddy’s Suprio Dasgupta to replace Hazari

    Kaizad Hazari has more than 28 years of experience and has previously worked with HDFC Ltd, GSK, Hindalco Industries, Raymonds, Asian Paints and ICICI Bank. Prior to Dr Reddy’s, Dasgupta, an alumnus of the NLSIU Bangalore 1994 LLM batch, has had stints at Schneider Electric, International Paper , Honeywell International, General Electric and the United Nations High Commission for Refugees.

  • Mumbai Police clarifies curfew rules after Zomato taunts Swiggy for night deliveries Apr 15, 2021 05:16 PM IST

    Mumbai Police clarifies curfew rules after Zomato taunts Swiggy for night deliveries

    Sharing pictures of the Swiggy home page, Zomato CEO Deepinder Goyal had tweeted: “I see our competition is continuing to operate post 8 pm. I urge Mumbai Police to please clarify the way forward here.”

  • Softbank founder Masayoshi Son picks Swiggy over Zomato, to invest $450-$500 million Apr 15, 2021 04:12 PM IST

    Softbank founder Masayoshi Son picks Swiggy over Zomato, to invest $450-$500 million

    The investment from SoftBank will come on top of $800 million series J round that Swiggy recently closed, with Falcon Edge, Amansa, Think Investments, Carmignac and Goldman Sachs at a valuation of $5 billion.

  • Zomato comes under fire as restaurateurs object to policy penalising for order rejection Apr 11, 2021 11:01 AM IST

    Zomato comes under fire as restaurateurs object to policy penalising for order rejection

    The food aggregator also pointed out that in all the rejected order cases, the company passes on all the collected refunds to the customers.

  • No change warranted in FDI norms, Amazon, Flipkart tell DPIIT even as other e-tailers call for penalties for violators Mar 25, 2021 04:38 PM IST

    No change warranted in FDI norms, Amazon, Flipkart tell DPIIT even as other e-tailers call for penalties for violators

    While Amazon and Flipkart expressed their concerns with regards to a proposed change in the existing rules, companies such as Tata Cliq, Snapdeal, BigBasket and Grofers were of the view that while the policy was fine, a proper implementation was lacking, according to sources who attended the meeting.

  • Swiggy announces COVID-19 vaccine cover for 2 lakh delivery partners Mar 24, 2021 04:21 PM IST

    Swiggy announces COVID-19 vaccine cover for 2 lakh delivery partners

    In the first tranche of the programme, 5,500 of Swiggy’s delivery partners, aged 45 and above will be eligible to opt in for the vaccination.

  • Dukaan steps into e-commerce space to bring neighbourhood stores online Mar 23, 2021 01:19 PM IST

    Dukaan steps into e-commerce space to bring neighbourhood stores online

    Dukaan aims to help neighbourhood stores face competition from e-commerce giants such as Amazon and Flipkart. It plans to keep its service free initially but would charge stores if they have ask for services such as GST invoices.

  • Police book Bengaluru woman who accused Zomato delivery guy of assault Mar 16, 2021 09:24 AM IST

    Police book Bengaluru woman who accused Zomato delivery guy of assault

    In the complaint, Kamraj alleged Hitesha Chandranee had hit him with slippers, accused him of defaming her and hurling abuses at him.

  • Zomato extending all support in investigation of alleged assault case: Founder Deepinder Goyal Mar 12, 2021 11:53 AM IST

    Zomato extending all support in investigation of alleged assault case: Founder Deepinder Goyal

    After the incident highlighted, Zomato has temporarily suspended Kamraj from active deliveries, but it is covering his earnings in the “interim while there is an active police investigation”, it said.

  • Woman alleges Zomato delivery boy broke her nasal bone, left her bleeding Mar 10, 2021 05:02 PM IST

    Woman alleges Zomato delivery boy broke her nasal bone, left her bleeding

    In a video posted by her on Twitter, the makeup artist is seen crying with a bleeding nose alleging that the delivery executive attacked her after she confronted him over the delay in the delivery of her order.

  • Zomato to raise up to $1 billion from investors ahead of IPO: Report Mar 03, 2021 09:45 AM IST

    Zomato to raise up to $1 billion from investors ahead of IPO: Report

    Zomato is expected to launch its IPO around June 2021 for valuation of $6-8 billion.

  • Startup funding this week | Zomato raises $250 million; Innovaccer becomes a unicorn Feb 27, 2021 02:32 PM IST

    Startup funding this week | Zomato raises $250 million; Innovaccer becomes a unicorn

    Semi-cooked foods, personal loans and ed-tech were among other sectors that saw funding activity

  • RBI rejects merchants’ bid to allow storage of customer credit card data: Report Feb 26, 2021 10:09 AM IST

    RBI rejects merchants’ bid to allow storage of customer credit card data: Report

    Merchants wrote to the RBI on February 1, that not allowing storage of the data "disrupts a system that has been functioning seamlessly."

  • Zomato revises delivery partner fee following fuel price hike; Swiggy to follow suit  Feb 25, 2021 08:58 PM IST

    Zomato revises delivery partner fee following fuel price hike; Swiggy to follow suit 

    Zomato has also identified the impact of fuel price increase in case of long-distance orders since delivery partners are required to return to their base-working localities to get another order assigned.

  • Flipkart plans to deploy 25,000 EVs by 2030 in India Feb 24, 2021 02:07 PM IST

    Flipkart plans to deploy 25,000 EVs by 2030 in India

    The e-tailer has already started deploying 2 and 3-wheeler electric vehicles in multiple locations for delivery across the country, including in Delhi, Bengaluru, Hyderabad, Kolkata, Guwahati and Pune.

  • Zomato raises $250 million in funding from Tiger Global, Kora and others Feb 22, 2021 10:26 PM IST

    Zomato raises $250 million in funding from Tiger Global, Kora and others

    As per the latest filing by Info Edge, $115 million has been invested by Kora Management LP, $55 million from funds associated with Fidelity, $50 million from Tiger Global Management, LLC, $20 million from Bow Wave Capital Management, LP and $10 million from Dragoneer Investment Group, LLC.

  • India needs local innovations to make mapping accurate: Zomato's Mohit Gupta Feb 16, 2021 07:08 PM IST

    India needs local innovations to make mapping accurate: Zomato's Mohit Gupta

    After facing constant issues with the locations while delivering food to customers, Zomato had to launch a feature on its app which allowed users to leave voice commands narrating the location for the delivery personnel.

  • Housing ministry, Zomato partner to take street food vendors’ businesses online Feb 04, 2021 10:30 PM IST

    Housing ministry, Zomato partner to take street food vendors’ businesses online

    Initially, a pilot programme will be initiated by onboarding 300 vendors across six cities namely Bhopal, Ludhiana, Nagpur, Patna, Raipur and Vadodara.

  • Swiggy's FY 2020 losses widen 61% to Rs 3,768 crore Jan 28, 2021 11:11 AM IST

    Swiggy's FY 2020 losses widen 61% to Rs 3,768 crore

    Swiggy, however, reported a 115 percent increase in revenue at Rs 2,776, with a total expense of Rs 6,545 crore.

  • CAIT alleges Amazon, Flipkart, Zomato and Swiggy of flouting rules Jan 25, 2021 07:09 PM IST

    CAIT alleges Amazon, Flipkart, Zomato and Swiggy of flouting rules

    Confederation of All India Traders (CAIT) Secretary General Praveen Khandelwal said that Rule 10 of Legal Metrology (Packaged Commodities) Rules, 2011, provides that e-commerce entities have to display details of the manufacturer, 'country of origin' and common/generic name of the product, MRP, and dimensions of the commodity, among others.

  • Ahead of IPO, Zomato nears $500 million fundraising round: Report Jan 22, 2021 08:42 AM IST

    Ahead of IPO, Zomato nears $500 million fundraising round: Report

    Moneycontrol had in September 2020 reported that Zomato is planning to file for an IPO in the first half of 2021.

  • Zomato's losses swell to Rs 2,451 crore in FY20 Jan 04, 2021 05:16 PM IST

    Zomato's losses swell to Rs 2,451 crore in FY20

    Zomato's Rs 2,451 crore loss could be attributed to its Rs 2,485-crore acquisition of rival UberEats, the food delivery unit of cab hailing firm Uber, in January last year.

  • Zomato records highest ever order velocity, says CEO Deepinder Goyal Jan 01, 2021 01:06 PM IST

    Zomato records highest ever order velocity, says CEO Deepinder Goyal

    At 8.22 pm on December 31, Goyal tweeted that there were 4,100 orders per minute on Zomato.

  • May the new year be that of startup IPOs Dec 30, 2020 12:33 PM IST

    May the new year be that of startup IPOs

    With all the disclaimers that apply to predictions for a year that’s coming after a year of Coronavirus, here’s wishing that 2021 will be the year when Indian startups will finally go public. 

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