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Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...- India's electric scooter market regains charge after April slowdownIndia's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major pl...
- Ola Electric eyes commercial EV launch for gig workers amid quick commerce boomSources said the company received approval for the new vehicle in early February and is expected to launch the model in the coming quarters.
- Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & moreUber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company i...
- Quick commerce turns the corner; Karan Taurani picks Eternal, Trent, and Nykaa as top consumption betsIndia's consumption sector is changing. Companies are now focusing on profits, not just growth. Quick commerce players like Blinkit are lea...
- ETtech Explainer: What does Blinkit’s growth moderation mean for rivals?The platform recently reported its second straight quarter of positive adjusted Ebitda (earnings before interest, taxes, depreciation and a...
- ReBid launches agentic AI-powered tool to benchmark creative performanceReBid introduces a new AI tool to help brands understand competitor advertising. This technology analyzes ads across platforms like Meta an...
- Eternal eyeing $1 billion in adjusted EBITDA by FY29, says Deepinder Goyal in shareholder letterEternal founder Deepinder Goyal says the company reached adjusted EBITDA profitability in FY24 after 16 years and targets $1 billion by FY2...
- From Meerut to Mysuru: Amazon Now bets on non-metro markets. What lies ahead?Amazon is aggressively expanding its quick commerce operations into Tier II and Tier III cities with a significant investment and over 1,00...
- Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
- Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...
- Eternal, Swiggy shares rally 3% but HSBC just reduced target prices. Should you buy?Eternal and Swiggy shares rose after platform fee hikes, despite HSBC cutting target prices due to rising competition in quick commerce. Th...
- 'Not forcing employees to order on Zomato': CEO Deepinder Goyal refutes 'embarrassing' rumoursZomato's CEO, Deepinder Goyal, has refuted claims circulating online about the company's internal practices. An anonymous Reddit post alleg...
- Zomato may have lost food delivery market share in Q3 as rivals scaled up 10-minute services: ICICI SecuritiesFor the food and grocery delivery giant, the number of monthly transacting customers for the October-December quarter fell to 20.3 million ...
- Zomato CEO delivers friendship bands, food on friendship day, calls it 'best Sunday ever'Zomato CEO Deepinder Goyal, calling it "best Sunday ever", rode his Royal Enfield bike to personally hand out friendship bands and food to ...
- Government’s ONDC arrives with a price war taking on food-delivery majors Zomato, SwiggyPrices on brands such as McDonald’s, Taco Bell, Behrouz Biryani, Wow Momo, Pizza Hut and Cafe Coffee Day are at 30-80% discounts on ONDC or...
- Zomato Relaunches 'Gold Loyalty program', provides dining and delivery discountsZomato relaunches its Gold loyalty programme which would give its subscribers preferential access to restaurants amid high demand. In addit...
- Ant Financial places $150 million on Zomato table at $3 billion valuationZomato was last valued at $2 billion when it picked up capital last year after it sold its UAE delivery business to Berlin-based Delivery H...
- Zomato faces flak for using 'Halal' tag, user drop one-star reviews for app on Play StoreA customer recently refused to accept food from a Muslim delivery boy.
- Zomato eyes up to $80 million in Temasek-led funding roundWhen contacted, Zomato founder and CEO Deepinder Goyal said, "We are in advanced stages of talks with a lot of people."
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