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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

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  • Swiggy, Eternal shares rise up to 3% as Citi raises price targets

    Citi said Blinkit's growth momentum 'remains stellar' on user acquisition focus, continued investment in dark store expansion, adding new cities

  • Google rejected Ragini Das in 2013. Now she heads its startup arm in India: 'Felt like destiny'

    Google rejected Ragini Das in 2013. Now she heads its startup arm in India: 'Felt like destiny'

    Ragini Das said she accepted the job at Google after two months of conversations with their team. 'We’re on a mission to support thriving startups around the world,' she said.

  • Zubeen Garg Death: Quick delivery apps Swiggy, Zomato, Blinkit pause services in tribute to ‘King of Humming’

    Zubeen Garg Death: Quick delivery apps Swiggy, Zomato, Blinkit pause services in tribute to ‘King of Humming’

    In tribute to Zubeen Garg, food delivery platforms like Swiggy, Zomato, and Blinkit paused operations across the state as thousands of fans lined the streets to pay their final respects.

  • DMart, Eternal shares rise 2% on positive brokerage notes: Check latest target prices

    DMart, Eternal shares rise 2% on positive brokerage notes: Check latest target prices

    UBS raised its target price for Avenue Supermarts, while Goldman Sachs increased its target price for Zomato-parent Eternal.

  • From Amazon to Zomato: Platform fee is the charge that keeps on giving for e-commerce apps

    From Amazon to Zomato: Platform fee is the charge that keeps on giving for e-commerce apps

    From food delivery and e-commerce to fashion and ticketing, fees tucked into bills are quietly reshaping how platforms balance costs, fend off competition, and chase profitability.

  • Brokerages see negligible impact of GST on food delivery fees, Eternal shares hit record

    Brokerages see negligible impact of GST on food delivery fees, Eternal shares hit record

    Zomato, Swiggy will have to pay 18 percent GST on delivery charges collected from customers, but are likely to pass on the cost to consumers.

  • Swiggy, Zomato brace for GST impact on delivery fees; may pass cost to consumers

    Swiggy, Zomato brace for GST impact on delivery fees; may pass cost to consumers

    Industry experts warn that the move could squeeze margins, strain working capital, and trigger higher delivery charges for customers.

  • Swiggy hikes platform fee for third time in three weeks, taking it to Rs 15

    Swiggy hikes platform fee for third time in three weeks, taking it to Rs 15

    At Swiggy’s present order volumes — estimated at over 2 million orders per day — the higher fee translates to up to Rs 3 crore in daily revenue, compared to around Rs 2.4 crore when the fee was at Rs 12. That’s an additional Rs 54 crore per quarter and Rs 216 crore annually if the rate sustains.

  • Zomato hikes platform fee to Rs 12 to boost profitability amid festival season rush

    Zomato hikes platform fee to Rs 12 to boost profitability amid festival season rush

    The company has also begun testing a Rs 50 'VIP Mode' in select locations that promises faster deliveries, priority riders, and a concierge-style service for select top customers.

  • Swiggy, Zomato temporarily halt food delivery services in parts of Delhi-NCR amid heavy rains

    Swiggy, Zomato temporarily halt food delivery services in parts of Delhi-NCR amid heavy rains

    Users in Gurugram were unable to place or track orders on the two apps during the outage, with both platforms showing restaurants as “temporarily unavailable.”

  • Swiggy hikes platform fee to Rs 14 to boost profitability during festive season rush

    Swiggy hikes platform fee to Rs 14 to boost profitability during festive season rush

    It is likely that a higher platform fee is an experiment Swiggy is doing for large demand occassions, like festive days, where it needs to pay the fleet more and keep up with operating costs and it reverts to its old structure later. The fee has been hiked from Rs 12 earlier.

  • Rapido’s food delivery offering to go live in Bengaluru’s Koramangala, HSR and BTM Layout

    Rapido’s food delivery offering to go live in Bengaluru’s Koramangala, HSR and BTM Layout

    The zero-commission platform, called Ownly, will be available on the App Store and Play Store this week, offering offline-equivalent prices and a flat delivery fee for restaurants.

  • Bulk deals: Alibaba-backed Antfin offloads 1.46% stake worth Rs 4,097 crore in Eternal

    Bulk deals: Alibaba-backed Antfin offloads 1.46% stake worth Rs 4,097 crore in Eternal

    Despite such a big transaction, Eternal shares closed the session higher at Rs 301.75, up nearly a percent amid higher volumes.

  • Eternal shares see Rs 5,624 crore block deal as Antfin likely exits holding

    Eternal shares see Rs 5,624 crore block deal as Antfin likely exits holding

    Eternal shares slipped on Thursday after a Rs 5,624 crore block deal took place on the bourses, with Antfin likely fully exiting its stake.

  • Eternal shareholders get richer by Rs 40,000 crore in two days: Why Street is excited about Zomato-parent's Q1 results

    Eternal shareholders get richer by Rs 40,000 crore in two days: Why Street is excited about Zomato-parent's Q1 results

    Eternal share price: Eternal shares rallied nearly 15 percent to hit an all-time high of Rs 311.25 per share on July 22.

  • Eternal shares hit record high as Blinkit growth outpaces Zomato; should you buy, sell, or hold?

    Eternal shares hit record high as Blinkit growth outpaces Zomato; should you buy, sell, or hold?

    Eternal reported a sharp 90 percent YoY fall in net profit for the first quarter of FY26, with earnings falling to Rs 25 crore.

  • Zomato-parent Eternal's shares rally over 7% despite 90% plunge in Q1 net profit: Here's why

    Zomato-parent Eternal's shares rally over 7% despite 90% plunge in Q1 net profit: Here's why

    Eternal share price: Q1 marked the first quarter where Blinkit’s net order value surpassed that of Zomato.

  • Eternal Q1: Blinkit revenue jumps 155% YoY to Rs 2,400 crore as user base, orders surge

    Eternal Q1: Blinkit revenue jumps 155% YoY to Rs 2,400 crore as user base, orders surge

    Sequential margin gains, rising user base and store-level efficiency are hinting at improving unit economics at Blinkit.

  • Eternal cash balance increases to Rs 18,857 crore in Q1FY26; nearly 3X of rival Swiggy

    Eternal cash balance increases to Rs 18,857 crore in Q1FY26; nearly 3X of rival Swiggy

    While the comparable periods are not similar as Swiggy is yet to announce its Q1FY26 results, it is likely that Swiggy’s cash balance will further reduce from Rs 6,695 crore, and widen the gap with Eternal, as the Bengaluru-based company invests in Instamart, its quick commerce arm.

  • Zomato-parent Eternal's Q1 revenue jumps 70%, shares surge 7.5%

    Zomato-parent Eternal's Q1 revenue jumps 70%, shares surge 7.5%

    Eternal Q1 results: Zomato parent reports a 90% slump in consolidated net profit to Rs 25 crore, weighed by higher costs at Blinkit

  • Q1 Results Highlights: Eternal shares rally 7% on positive management commentary; UltraTech Cement net profit jumps 49%

    Q1 Results Highlights: Eternal shares rally 7% on positive management commentary; UltraTech Cement net profit jumps 49%

    Q1 Results: 'New ideas, new entrants and disruption are all inevitable,' says Deepinder Goyal amid buzz over Rapido's potential entry into food delivery business.

  • India’s listed startups have now seen four seasons in public markets, now the bigger playground for late-stage growth capital

    India’s listed startups have now seen four seasons in public markets, now the bigger playground for late-stage growth capital

    Over the last two years, India’s startup cohort has gone through the full arc - from euphoric listings to painful drawdowns, and now a more measured phase of rationalization and re-rating.

  • Eternal CEO-backed LAT Aerospace buys Bombardier private jet; Deepinder Goyal denies deal

    Eternal CEO-backed LAT Aerospace buys Bombardier private jet; Deepinder Goyal denies deal

    Deepinder Goyal said LAT Aerospace is a startup focused on building planes for regional aviation and "has not bought any private jet." He added that the company is not in the business of buying planes.

  • Shah Rukh Khan, Jasprit Bumrah, AR Rahman, and Mary Kom come together for Zomato ad leaving the internet abuzz - watch video

    Shah Rukh Khan, Jasprit Bumrah, AR Rahman, and Mary Kom come together for Zomato ad leaving the internet abuzz - watch video

    Zomato has recently released an exciting ad featuring some of the prominent personalities like Shah Rukh Khan, Jasprit Bumrah, AR Rahman, and Mary Kom. The ad campaign has received great response from the audience.

  • Zomato founder Deepinder Goyal registers Rs 52.3 crore super luxury apartment purchase at DLF Camellias

    Zomato founder Deepinder Goyal registers Rs 52.3 crore super luxury apartment purchase at DLF Camellias

    The conveyance deed was executed in March with Goyal paying Rs 3.66 crore in stamp duty. The 10,813 square feet apartment comes with five parking spaces

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