NPCI flags misuse of virtual IDs; q-comm’s festive playHappy Thursday! The NPCI is taking strict action against unauthorised use of virtual IDs. This and more in today’s ETtech Morning Dispatch.
24 Oct, 2024, 08.46 AM IST
Zomato plans for Blinkit to deliver more via ecommerceThis major push into the fast-growing direct-to-consumer space would entail Zomato building its own supply chain to directly source branded...
19 Feb, 2024, 06.00 AM IST
Zomato shares rally after management denies Shiprocket acquisition plansOn Thursday, Bloomberg had reported that Zomato has made an offer to acquire Shiprocket, which runs Bigfoot Retail Solutions, by valuing th...
22 Dec, 2023, 11.14 AM IST
Zomato offers to acquire Shiprocket for $2 billion: reportZomato has proposed to acquire the company for about $2 billion, the report said, adding that no final decision has been made.
21 Dec, 2023, 10.42 PM IST
Flipkart’s $1 billion fundraise; Zomato offers to acquire ShiprocketEcommerce giant Flipkart is in the middle of closing a $1 billion funding round in which Walmart has committed $600 million. This and more ...
21 Dec, 2023, 08.08 PM IST
Shiprocket acquires Arvind Ltd’s Omuni for Rs 200 crore in cash and stockThe transaction will enable faster deliveries of shipments from the nearest store or warehouse, reducing delivery timelines and enhancing c...
19 Jul, 2022, 07.29 PM IST
Shiprocket takes majority stake in Pickrr in a $200 million deal, closing Shyplite buy tooZomato and Temasek-backed Shiprocket is also in the final stages of closing its acquisition of the India business of smaller rival Shyplite...
15 Jun, 2022, 09.20 AM IST
Shiprocket launches new service to make cross-border shipping easierThe new product also implements automated shipping workflows, ensuring quick delivery while allowing sellers to place their brand logo, nam...
24 Mar, 2022, 12.00 PM IST
Shiprocket acquires supply chain management platform GlaucusGlaucus provides fulfillment services to mid-market brands supported by a mature combination of processes, geographic spread, quality repor...
14 Feb, 2022, 04.26 PM IST
Zomato’s Deepinder Goyal invests in Amit Lakhotia’s Park+Goyal’s personal bet on Park+ comes at a time when the Zomato founder has been divesting his own stake in companies where the food-delivery...
07 Feb, 2022, 03.23 PM IST
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...
04 Feb, 2022, 09.21 AM IST
Zomato-backed Shiprocket acquires B2B logistics aggregator RocketboxThe Rocketbox founders will join the Shiprocket leadership team, and continue to build the cargo product as part of this deal, a statement ...
14 Jan, 2022, 11.42 AM IST
Shiprocket acquires RocketboxTogether, Shiprocket and Rocketbox bring a robust combination of technology, efficiency, expert cargo partners, and lower shipping costs to...
14 Jan, 2022, 11.37 AM IST
Zomato loses 2% as firm completes Shiprocket acquisitionLast week, reports said that Shiprocket, a logistics aggregator, is closing $185 million (Rs 1,380 crore) in a Series E funding round co-le...
20 Dec, 2021, 10.42 AM IST
Shiprocket closing $185 million funding led by Zomato, Temasek and LightrockThe company did not share the expected valuation after the funding round, but people briefed on the matter said it would be $900-950 millio...
10 Dec, 2021, 07.42 PM IST
Google caves again on Play Store; Goyal denies conflict of interestOver the past year, Google has been under pressure worldwide to lower its steep Play Store commissions and allow other payment methods. Now...
10 Dec, 2021, 07.11 PM IST
'No conflict of interest', Deepinder Goyal says, on Zomato's investment in ShiprocketZomato founder and chief executive Deepinder Goyal said he exited his personal investment in Shiprocket at zero profit before his company i...
10 Dec, 2021, 03.39 PM IST