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ZOMATO 2021 REPORT
Kunal Shah heads to Meta; New-age IPO playbookHappy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtec...- Ex-Mirae Asset India head Ashish Dave launches Rs 700-1,000-crore fundAshish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will ...
- Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...
- Peak XV, YC and Ribbit pocket up to 94x returns from Groww stake sales as IPO lock-in endsGroww's early investors have sold shares after their IPO lock-in period ended. This move has generated massive returns for firms like Peak ...
- Paradise Biryani plans ₹100-crore fundraiseParadise Biryani plans to raise ₹100 crore. This funding will fuel aggressive expansion. The iconic Hyderabadi brand aims to open 100 new o...
- Zomato drops pricing clause after pushback, source saysEternal's Zomato app has 24 million consumers and 300,000 listed restaurants. As demand for food delivery boomed, Eternal shares have more ...
- Pocket FM elevates Lalit Gangwar as COO to lead global operationsIn his new role, Lalit Gangwar will lead the company’s audio vertical as it expands internationally and oversee business operations and mon...
- Zomato takes a 'jab' at Deepinder Goyal's 'chief of staff' role, says 'no need to pay us Rs 20 lakh' for new offerZomato announced a special weekend offer for its Gold membership, allowing users to subscribe for six months at just ₹30, a dig at CEO Deep...
- Zomato closes QIP, Motilal Oswal, ICICI Pru and HDFC Mutual Fund leadZomato QIP which opened on November 25 saw participation from a clutch of domestic investors like Motilal Oswal, ICICI Prudential, and HDFC...
- Zomato CEO Deepinder Goyal extends salary waiver till 2026Goyal had previously waived his salary for 36 months, beginning April 1, 2021, as outlined in the food delivery giant’s FY24 annual report....
- Zomato grants Rs 330 crore in stock options to employees via ESOPsZomato, the renowned food delivery platform, announced the grant of nearly 12 million stock options valued at Rs 330.17 crore under its ESO...
- Zomato temporarily halts UPI rollout for new usersZomato’s move to launch its own UPI offering had come at a time when the National Payments Corporation of India, which manages the UPI netw...
- Zomato requests restaurants for higher advertising expenditure to cover cancellation cost, Restaurants call it ‘Arm Twisting’Restaurant owners question the Zomato policy on cancellation and their demand for more advertisement revenue from restaurants.
- Zomato's Blinkit acquisition: For the investor, the devil is in the detailsWhile Blinkit does align to Zomato’s food delivery business and its ambition to step into online grocery business, the stock price of the c...
- Zomato crosses 2-mn orders 'first time in a single day' on New Year's Eve, CEO Deepinder Goyal shares live updates on TwitterThe food delivery giant did brisk business with most of India indoors on December 31.
- On Zomato's 2021 menu, biryani tops the chart; Ahmedabad man placed biggest order of Rs 33kA girl named Shweta made 12 orders with Zomato in a single day this year, all for ice-creams.
- Zomato gains 3% on report of $500 million investment in GrofersZomato’s share price rose to a high of Rs 161.85 on the National Stock Exchange as against the previous close of Rs 156.55.
- Buy Zomato, target price Rs 183: GeojitZomato Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 122816.29 Crore) operating in Services sector.
- Buy Zomato, target price Rs 220: ICICI SecuritiesZomato Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 109910.97 Crore) operating in Services sector.
- Buy Zomato, target price Rs 159: Chandan TapariaZomato Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 117481.57 Crore) operating in Services sector.
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