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ZOMATO FOUNDER NEWS
'From delivery bike to high AI traffic': This Bengaluru-based founder was once a Zomato delivery boy, now owns an million-dollar startupSuraj Biswas transitioned from a food delivery rider in Bengaluru to founding AI startup Assessli, recognized on global platform F6S. His j...- 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...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- 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.
- The numerous reasons of why startup founders are stepping downMany Indian startup founders are stepping down due to issues like co-founder disagreements, loss of passion, and market pressures. High-pro...
- Zomato founder Deepinder Goyal splurges Rs 4.5 cr on India’s 1st Aston Martin DB12 sport carA devout four-wheeler aficionado, the Zomato boss reportedly owns a fleet of sports cars which include a Ferrari Roma, a Porsche 911 Turbo ...
- 'Shark Tank India' gears up for season 3 with new 'Sharks'; Zomato chief Deepinder Goyal, OYO boss Ritesh Agarwal join juryThe shooting of the third season of 'Shark Tank India' has already begun! Let's meet the news 'Sharks' in town.
- Zomato shares fall over 4% after co-founder Gunjan Patidar resigns“Such developments create extra selling pressure on the stock. If these kinds of exits happen at the top level, it will have a negative imp...
- Is yet another top-level exit at Zomato a winter chill for Street investors?Some market participants see a knee jerk negative impact of the news on the stock on Tuesday. Shares of the company ended 1.5% higher on th...
- Bad news surrounds Zomato, but Street’s faith in turnaround story intactThe shares have corrected 9% in a week, but this is after the stellar gains it made earlier in the month. Net-net, so far in November, the ...
- Zomato not allowing users to renew Pro membershipThe program was hit because it allowed users to avail a lot of big discounts while ordering food online as well as when dining out. Current...
- Aswath Damodaran re-evaluates Zomato at Rs 35. Read his rationaleAllowing for the wide ranges of estimates that one can have on the total market for food (restaurant and grocery) delivery in India in 2032...
- Aswath Damodaran calls out Zomato conspiracy theorists, says time for investors to take responsibilityDamodaran said one should not attribute the fall to conspiracies where insiders, founders and backers play the role of villains, especially...
- Zomato’s lax disclosure practice is more worrisome than co-founder’s exitWhat should trouble investors more is the behaviour of the company since it became a listed entity. By all means, the COO may have resigned...
- Most of Zomato stock held by institutions: Zerodha CEO"No one is selling the (Zomato) stock and that is essentially why the price is going up. Most of the stock is held by institutions," Zerodh...
- Zomato founder denies filing IPO draft papers with Sebi“Wouldn't typically comment on speculation, but had to in order to stop the barrage of phone calls from the press and friends/family. Back ...
- Zomato says it will cover legal expenses of delivery executive accused of assaultEarlier this week, model and makeup artist Hitesha Chandranee had posted a video clip on Twitter and Instagram alleging that she was hit by...
- ETtech Evening Briefing on Feb. 23, 2021: Facebook ends Australia news blackout, Zomato zoomsFacebook to turn back on news sharing on its platform in Australia. Fresh funding pushes Zomato’s valuation to $5.4 billion ahead of an IPO...
- 'Food has no religion': Zomato tweets savage reply to customer who cancels order because of non-Hindu riderThe customer did not demand a refund for the order.
- Zomato acquires US-based Nextable, to rename it Zomato bookThis news comes on the heels of Zomato's acquisition of the cloud-based restaurant POS product MaplePOS.
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