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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...- Breakout Stocks: How are Cipla, Zomato and InfoEdge looking on charts for Monday’s trade?Stocks that were in focus include names like Cipla which hit a record high and closed with gains of nearly 4%, Zomato rallied over 10% and ...
- VLCC to acquire D2C men’s grooming brand Ustraa through strategic mergerThe acquisition marks VLCC’s foray into specialised men's grooming and enhances new age digital commerce and product innovation capabilitie...
- JP Morgan is bullish on these three new-age stocks. Will they keep up?"Our positive views come from two emerging trends that reflect strongly in the third quarter performance, that is, profitability across con...
- What's TOMA? Sanjeev Bikhchandani cites an example with Zomato'Top-of-mind awareness' simply refers to a brand or specific product being first in customers' minds when thinking of a particular industry...
- Looking to bet on fallen angels? Here’s what you can buy, suggests Digant Haria"From these entire fallen angel categories, there are a few good business models. Nykaa and Policy Bazaar are two genuinely good business m...
- Naukri B2B hiring biz up 80%, rejigging Jeevansathi business model: Hitesh Oberoi“We are experimenting with a new model in matrimony business. The chat on the side is now free which was not the case earlier. This is help...
- Zomato plummets 14%, hits record low after lock-in for 613 crore shares endsZomato's shares have lost about 72 per cent of their value from the all-time peak of Rs 169.10, whereas the stock is trading about 38 per c...
- Temasek to anchor InfoEdge funds, to put half of corpusInfoEdge, an early backer of food delivery app Zomato and online insurance aggregator PolicyBazaar, takes initial bets in companies and bac...
- Where to look for leadership in banking pack in Q2? Mahantesh Sabarad answers“The theme for most of the banks is that the leadership will come once they are up and ahead in terms of cleaning up the books. if you go a...
- Buy ICICI Bank & Axis Bank on dips: Siddhartha Khemka“ICICI is our top pick in the private banking space with the target price of Rs 750 from a one year perspective.”
- Zomato files IPO draft papers, to raise Rs 8,250 croreZomato’s IPO is one of the most awaited in recent capital market history given that it will be among the first technology unicorns to be li...
- 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...
- HSBC’s $3.6-b valuation puts Zomato ahead of SwiggyHSBC Research on parent InfoEdge says Zomato’s business has changed fundamentally, with food delivery now contributing about 70% of revenue
- Zomato acquires drone delivery startup TechEagle InnovationsThe acquisition comes in roughly a year after the food tech company bought last mile delivery fleet startup Runnr.
- Zomato Treats crosses 21,500 subscriptions in four monthsThe paid service allows subscribers a free chef-crafted dessert for every online order with partner restaurants in India and the UAE.
- Zomato raises Rs 227 crore from Sequoia, InfoEdge for overseas expansionZomato has raisedRs 227 crore from Sequoia Capital and InfoEdge in one of the largest funding rounds for a consumer internet company in Ind...
- Zomato raises Rs 227 crore from Sequoia & InfoEdge“Zomato is a very people intensive business. We intend to use the capital for expansion and hiring of people in about 22 overseas markets,"...
- InfoEdge to write off Rs 29cr investment in Ninety Nine LabelsInfoEdge, which owns job portal Naukri.com, today said it will be writing off its entire Rs 29.3 crore investment in online retailing firm ...
- Info Edge acquires MakeSense Tech for Rs 8 crThat apart in the same month, InfoEdge announced that it has invested an additional Rs 55 crore in restaurant guide service Zomato.
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