IPO-bound edtech unicorn Physicswallah appoints three independent directors to boardNoida-based Physicswallah has appointed former Zomato deputy CFO Nitin Savara, former RBI regional director Rachna Dikshit, and ex-bureaucr...
13 Mar, 2025, 02.12 PM IST
PhysicsWallah appoints Amit Sachdeva as chief financial officerPhysicswallah CFO: Amit Sachdeva was previously CFO at Grofers (now Blinkit) till August 2022, when it was acquired by food delivery platfo...
14 Nov, 2024, 03.14 PM IST
Paytm biz acquisition may boost going-out vertical's gross order value to Rs 10,000 crore by FY26: Zomato CEOZomato's purchase of Paytm's events and movie ticketing division hinges on effective customer transition and team integration, as noted by ...
22 Aug, 2024, 10.25 AM IST
UBS pegs $15.4 billion enterprise value to Zomato's Blinkit businessUBS valued Zomato at $32.1 billion – a 15% premium over its current market capitalisation of $27.8 billion. As of July, the brokerage firm ...
20 Aug, 2024, 08.08 PM IST
Zomato’s revenue rises 74% on Blinkit, Hyperpure surge; profit grows to Rs 253 croreFood delivery giant Zomato reported multifold year-on-year (YoY) growth in its consolidated net profit while revenue soared for the June qu...
02 Aug, 2024, 08.45 AM IST
Zomato to launch District app for dining out, events, ticketing bizZomato introduced a new app, District, for its going-out vertical, which includes dining, live events, and ticketing. This follows efforts ...
01 Aug, 2024, 07.11 PM IST
How dark stores are powering quick commerce's riseAt the heart of the ‘quick’ behind this new form of commerce are micro warehouses that have mushroomed all over urban commercial centres. O...
28 Feb, 2024, 09.31 PM IST
Tomato skyrockets to Rs 150/kg in some markets including DelhiTomatoes, along with potatoes and onions, are a constant in most Indian kitchens. The recent surge in their prices has severely hit monthly...
05 Jul, 2023, 12.27 PM IST
Blinkit still facing disruptions in some pockets of Delhi-NCRThis has led increased delivery times and sporadic store closures across localities in Delhi, Gurgaon, Noida, Faridabad and Ghaziabad, peop...
09 May, 2023, 09.22 AM IST
Fresh trouble for Blinkit as over 1,000 riders join rivalsEarlier this month, Zomato-owned Blinkit had announced that it would pay delivery executives a minimum of Rs 15 per trip with a distance-ba...
25 Apr, 2023, 11.14 AM IST
Delivery workers' strike shuts more than 100 Blinkit dark stores in Delhi NCRCustomers have been unable to place orders at the offline stores with the Blinkit app showing these locations as “temporarily unavailable” ...
19 Apr, 2023, 08.20 AM IST
Blinkit strike: Zomato-owned company tells riders it is shutting some Delhi-NCR stores permanentlyBlinkit riders across some stores in Gurgaon and in some Delhi-based stores said that they had received a message on the Blinkit delivery p...
18 Apr, 2023, 05.14 PM IST
Rivals gain as Blinkit riders continue strike in NCROrders have surged 40% at Zepto, a top industry executive said, while two people associated with Swiggy said daily orders had jumped more t...
18 Apr, 2023, 07.46 AM IST
Why is Blinkit showing ‘temporarily unavailable’?Zomato-owned quick commerce platform Blinkit is facing opposition from its delivery partners for lowering the payout for every delivery. Th...
17 Apr, 2023, 12.21 PM IST
Problem isn’t Rs 15 payout: Ashneer Grover reveals the real reason behind Blinkit/Zepto issues“BlinkIt / Zepto - problem is not ₹15 for delivery against ₹50,” Ashneer Grover tweeted. “Problem is 10 Min delivery has no economics - low...
17 Apr, 2023, 11.45 AM IST
Wage protests halt high-speed grocery deliveries at India's ZomatoVideos on social media showed hundreds of Blinkit bike riders protesting and raising slogans against the introduction of a payment structur...
14 Apr, 2023, 07.16 PM IST
Blinkit delivery workers protest in Delhi-NCR over changes in pay structurePeople aware of the development said delivery partners will now be paid a minimum fee of Rs 15 per delivery, down from Rs 25 earlier. In ad...
12 Apr, 2023, 06.49 PM IST