Zomato drops 3%; board likely to ink Blinkit deal next weekShares of Zomato plunged 3 per cent to Rs 67.85 on Tuesday before trading at Rs 68.10 at 10.35 am. The scrip had settled at Rs 69.85 on Mon...
Zomato likely to sign Blinkit deal on June 17Zomato has previously invested in Blinkit, and extended a loan of up to $150 million for the quick-commerce entity earlier this year.
Swiggy buys Dineout from Times Internet in $120 million all-stock dealDineout will continue to operate as an independent app after the acquisition, Swiggy said in a statement on Friday.
Musk mutes Twitter; Swiggy acquires Dineout"Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,...
ETtech Deals Digest: CoinDCX, Rario, VideoVerse raise funds this weekCricket non-fungible tokens (NFTs) platform Rario has raised $120 million, led by Dream Capital, the corporate venture capital and M&A arm ...
Zerodha’s revenue & profits soar; Tata Neu’s tech fix; and CoinDCX’s valuation doublesZerodha’s cofounder Nithin Kamath spoke to ETtech exclusively and gave us a lowdown on the latest financials at the country’s largest onlin...
Technology to push investments: TCS chief; India to have over 250 unicorns by 2025In the financial year 2022, TCS grew 15.9% on the back of record deal wins amounting to $34.6 billion for the full year with nearly a third...
Swiggy, Zomato back restaurant management startup UrbanPiper in a $24 million funding roundExisting investors Sequoia Capital India and Tiger Global led the round with a slew of angel investors also participating in the financing ...
Zomato's 10-minute delivery plan has everyone on the boilMany restaurant executives told ET they won’t be able to offer fresh food within 10 minutes even as Goyal clarified on his Twitter handle t...
Aditya Kondawar on what is ailing Zomato and other new tech stocks“The kind of acquisitions that Zomato has done recently may not necessarily fit into the whole delivery ecosystem. Zomato disclosed that th...
Zomato, Swiggy results; RBI's crypto warningFood delivery firm Zomato has reported a consolidated net loss of Rs 67.2 crore for the December quarter, down from Rs 352.6 crore in the s...
Zomato’s Deepinder Goyal transfers his Blinkit shares to Tiger GlobalThe share transfer comes as Zomato is ramping up its investment in Blinkit (formerly Grofers), after abandoning its plans to enter the e-gr...
Google bets a billion on Bharti Airtel; Zomato backs two more startupsGoogle will make an equity investment of $700 million in Bharti Airtel at Rs 734 a share. The $300 million go towards scaling Airtel’s offe...
ETtech Deals Digest: Bharti Airtel, Swiggy, Moglix raise fundsTelecom major Airtel, food delivery platform Swiggy and Ola Electric were among the startups/companies that raised funding this week.
Zomato picks up stakes in Adonmo and UrbanPiper; company board approves NBFC incorporationWhile the name of the subsidiary is still to be decided, Zomato is in process of acquiring the NBFC license. The company will look to provi...
Razorpay executives try a MarsShotA group of top executives from fintech startup Razorpay, including co-founders Harshil Mathur and Shashank Kumar, have set up MarsShot Vent...
Tiger Global leads $20 million funding round in Infra.MarketThe Series A round of financing follows the $3.5 million Infra.Market raised from Accel Partners in August earlier this year.