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India seeks Mythos access; Eternal's strong Q4Happy Wednesday! India is in talks with Anthropic and the US government to give homegrown companies access to Mythos. This and more in toda...- Eternal Q4 revenue, profit surge on Blinkit boostEternal, which runs Zomato and Blinkit, saw its March quarter revenue surge threefold and net profit rise 4.5 times. Quick commerce margins...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Eternal targets $20 billion in B2C NOV by FY28; $1 billion in adjusted Ebitda by FY29: Deepinder GoyalFood and grocery delivery firm Eternal has surpassed $10 billion in annual net order value from its B2C operations, a milestone achieved af...
- Eternal Q4 Results: Cons net profit spikes 346% YoY to Rs 174 crore; revenue soars 196%Eternal Q4 Results: Eternal, operator of Zomato and Blinkit, announced strong financial results for the fourth quarter. The company saw a s...
- Eternal Q4 Preview: Will over 400% YoY profit growth help dominate Swiggy?Zomato is likely to report strong Q4 growth, with revenue rising about 180% YoY and profit up nearly 430%, driven by Blinkit’s continued mo...
- Zomato parent Eternal extends Hyperpure to food businesses big & smallHyperpure, the B2B grocery supply arm of Zomato’s parent Eternal, has expanded its services from hotels and restaurants to all types of foo...
- Zomato Hyperpure leases 5.5 lakh sq ft warehouse in Bhiwandi near MumbaiZomato Hyperpure has secured a significant warehousing space in Bhiwandi, near Mumbai. This move strengthens their backend operations for s...
- Hyperpure eyes home bakers, caterers amid Blinkit model shiftThe push comes as Hyperpure braces for a revenue squeeze after it stopped supplying groceries to sellers on the group’s quick-commerce plat...
- Zomato Hyperpure leases over 2.5 lakh sq ft warehouse in Palava near MumbaiZomato Hyperpure has leased a 253,000 sq ft warehousing facility at Lodha Industrial and Logistics Park in Palava, Mumbai. The five-year le...
- BB & Associates, auditor of Zomato subsidiary Hyperpure resignsIn a letter to the board of Zomato Hyperpure Pvt Ltd, which was shared on stock exchanges, BB & Associates said its resignation was after v...
- Zomato's revenue grows to Rs 844 crore as losses widen 168% for April-June quarterWhile Rs 806 crore of operational revenue came from India, revenue of Rs 31 crore was logged from the UAE, and the balance from other marke...
- JM Financial initiates coverage on Zomato with 'buy', sees 28% upsideThe brokerage opines that Zomato can churn out positive cash operating profit from 2024-25 provided its annual order volumes hit 1 billion ...
- You have just seen the trailer, the movie has not even started, says Zomato co-founder“We will continue to invest and build those core businesses while we try things like grocery and we will see how it pans out, says Gaurav G...
- Long-term Reliance story is intact: Gurmeet Chadha“Reliance is one company which can get to $500 billion this decade and eventually will become a $1-trillion company.”
- Zomato’s secret growth engine: A farm-to-fork business unitAs Covid-19 jolts both the food ordering and dining out business for Zomato, one arm of the company did brisk business.
- Zomato to invest around Rs 56 crore to set up 20 more warehouses by 2020The warehouses would be set up in Delhi, Bengaluru, Mumbai, Pune, Chennai, Hyderabad, Kolkata, Jaipur, Ahmedabad, Chandigarh, Nagpur, Luckn...
- Zomato gets Rs 441 crore in funding round led by Delivery HeroChinese companies Shunwei, Saturn Shine also among investors; capital infusion to value the company at about $2 billion.
- After Amazon & Flipkart, now Swiggy, Zomato face the ire of small businesses500 small to mid-sized restaurants sign online petition addressed to CCI and PMO; accusations include use of deep discounting, in-house kit...
- Zomato’s full-course strategy: From supply to delivery and moreThe company’s diversification plan is is simply to double down on food business — from supplying clean ingredients to restaurants to delive...
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