While 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 said it would acquire up to 33,018 equity shares of Blink Commerce Pvt Ltd from its shareholders for a total purchase consideration ...

While the contours of the deal are being finalised, it is expected that shareholders of Zomato would get 10 Blinkit shares for each held in...

The share transfer comes as Zomato is ramping up its investment in Blinkit (formerly Grofers), after abandoning its plans to enter the e-gr...

Instamart specialises in grocery deliveries in 15-30 minutes. The pilot service was launched in August last year in Gurugram and Bengaluru....

Zomato’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.

If the deal goes through it will be the largest investment for the food delivery platform. The new round, likely to value Grofers at $1.5 b...

Zomato, which has twice tested—and aborted—its own grocery delivery service since the start of the pandemic, is now in talks to invest up t...

Zomato began the pilot for its 45-minute grocery delivery service in a few markets, starting from Delhi NCR, in July. It operated on a mark...

Zomato, last month, said it has invested USD 100 million (around Rs 745 crore) for acquiring a minority stake in Grofers as the company loo...

Competition Commission of India has approved the “proposed acquisition by Zomato of approximately 9.3% stake in Grofers India and [Hands on...

In a blogpost, Grofers cofounder Albinder Dhindsa says the company delivered groceries to more than 7,000 households in Gurugram within 15 ...

Zomato, which is launching its IPO next week, reported operating revenue of Rs 1,993 crore for the year ended March, down 23.5% from Rs 2,6...

IPO-bound Zomato has filed a notification with the Competition Commission of India (CCI) to acquire a 9.3% stake in Grofers following its $...

Tiger Global, investor in both Zomato and Grofers, will also participate in the $120 million funding round. The companies had explored a po...

Zomato's investment is likely part of a larger financing round and may value the Gurugram-based online grocery firm at around $1 billion

In today's ETtech Morning Dispatch: Zomato may invest in Grofers, India goes Dogecoin crazy and Government shuts real-time access to CoWin ...