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Here to win quick commerce, will become market leader in near-term: Samir Kumar, Amazon India chiefAmazon is planning to aggressively expand its 10-minute delivery service, Amazon Now, aiming for market leadership despite moderating quick...
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...
India seeks Mythos access; Eternal's strong Q4Happy Wednesday! India is in talks with Anthropic and the US government to give homegrown companies access to Mythos. This and more in toda...
Eternal Q4 revenue, profit surge on Blinkit boostEternal, which runs Zomato and Blinkit, saw its March quarter revenue surge threefold and net profit rise 4.5 times. Quick commerce margins...
Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
AI chats won't displace food delivery, quick commerce: Zomato founder Deepinder GoyalEternal founder Deepinder Goyal believes AI chat interfaces won't displace food delivery and quick commerce apps, arguing that habitual tra...
Zomato founder Deepinder Goyal downplays impact of LPG shortage on businessZomato founder Deepinder Goyal stated that a recent LPG shortage in India has not significantly impacted the company's operations. He expla...
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...
Blinkit flags growth moderation as margins improveBlinkit, India's largest quick commerce platform, expects growth to slow as its base expands. The company reported improved profitability f...
Eternal targets $20 billion in B2C NOV by FY28; $1 billion in adjusted Ebitda by FY29: Deepinder GoyalFood and grocery delivery firm Eternal has surpassed $10 billion in annual net order value from its B2C operations, a milestone achieved af...
TCS Q4 drags down IT stocks; Swiggy cofounder exitsShares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.
Buildit: Eternal CEO Albinder Dhindsa turns author, pens book on Blinkit’s journeyAlbinder Dhindsa, Eternal CEO and Blinkit cofounder, is launching his book Buildit, announced book publisher HarperCollins. The book, price...
Blinkit lands at Mumbai Airport, but not for all flyersBlinkit has launched its services at Chhatrapati Shivaji Maharaj International Airport, with availability at Terminal 2 for domestic depart...
Zomato CEO Deepinder Goyal's wife embraces Indian traditions; celebrates vibrant Holi with delivery partners. Check photosZomato CEO Deepinder Goyal and his wife, Grecia Munoz, celebrated Holi at a Blinkit store alongside Blinkit founder Albinder Dhindsa. Munoz...
Zomato's Deepinder Goyal on his day as a delivery agent with wife Grecia. 'Customers just can’t stop staring'Zomato co-founder Deepinder Goyal and his wife, Grecia Munoz, recently shared their experience delivering Zomato orders on The Great Indian...
Zomato CEO Deepinder Goyal and wife Grecia Goyal turn delivery agentsZomato's CEO Deepinder Goyal, along with his wife Grecia, turned delivery agents in Gurugram, donning uniforms and delivering food to exper...
Who is Grecia Munoz? Zomato CEO Deepinder Goyal's second wifeZomato CEO Deepinder Goyal has married former model Grecia Munoz, who is also an entrepreneur. The couple returned from their honeymoon in ...
Zomato Food Delivery Scam: Enjoy Rs 1k food for just Rs 200, says delivery agentA LinkedIn user was told by a Zomato delivery agent that if he pays in cash, there is a way to scam the company easily. The user posted abo...
You are not alone. Zomato CEO orders in food every dayDeepinder Goyal shared a 45-second video of his order history from Nov 8 to Dec 17, this year.
Zomato eyes quicker global expansion, opens subsidiary companies in over a dozen countriesIt has opened “on paper” companies in Mexico, Sweden, Germany, Finland and Norway complete with a bank account and other legal requirements.