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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...- 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...
- Swiggy hikes platform fee; Wispr Flow CEO on India biz, AI fundingSwiggy has raised its per-order platform fee, days after rival Zomato’s move. This and more in today's ETtech Top 5.
- Zomato parent’s least flashy business may be its strongest moatEternal's Hyperpure unit has made a successful leap into profitability, marking a pivotal moment for this B2B restaurant supply endeavor as...
- Restaurant owners' association piloting new commission model with food aggregators to grow businessRestaurant owners are piloting a new partnership with food aggregators. This aims to create a fair financial structure, addressing issues l...
- Zomato ropes in former executive Shalin Bhatt to head dining out verticalBhatt replaces Sankalp Kathuria, who quit Zomato last month. Bhatt is the third head of dining at Zomato in the last two years. Zomato is c...
- NRAI pushes ONDC as alternative to food delivery majors Zomato, SwiggyIn a townhall meeting on Wednesday, the industry body said it is approaching the courts, the competition watchdog and the government to pre...
- What’s cooking at Swiggy, Zomato? New business recipesThe gambit by the two fierce competitors—which have battled each other for over a decade—comes even as they take on the might of ecommerce ...
- ‘Kapil Sharma Show’: Sudha Murty calls out Kapil Sharma for lying about washing dishesNow available on Netflix, the episode was filled with laughter as the elderly couples charmed viewers with their delightful personalities a...
- ‘Kapil Sharma Show’: Zomato CEO Deepinder Goyal reveals why food app sends flirty notifications!A newly released promo gives viewers a glimpse into the lively, fun-loving side of these business icons. The preview captures Deepinder Goy...
- Zomato’s Deepinder Goyal reveals why the app sends 'flirty notifications'. Kapil Sharma asks are they meant for his wife?In a fun segment on The Great Indian Kapil Show, Zomato CEO Deepinder Goyal revealed the inspiration behind the app’s playful, "flirty" not...
- Zomato users get new 'Delete' feature after wife found husband making late-night ordersZomato's Delete Order feature, announced by CEO Deepinder Goyal on X, originated from Karan Singh's 2023 viral plea. Singh's post humorousl...
- 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 CEO Deepinder Goyal's heartwarming gesture on Friendship Day goes viral on TwitterDeepinder Goyal, CEO of Zomato, celebrated Friendship Day by taking on the role of a delivery agent, distributing food orders and friendshi...
- Indian investors understand digital businesses better now: Zomato cofounder Mohit GuptaWe understand and appreciate that restaurant partners are the largest and most important part of our food delivery ecosystem .. we want to ...
- Blinkit acquisition to add significant addressable market for Zomato: CEO Deepinder GoyalBlinkit’s proprietary tech platform, the scale of business, and relationships with third-party brands and sellers are key to Zomato.
- Zomato CEO Deepinder Goyal says company won’t make any new minority investments"There is currently no plan for any more minority equity investments at this stage given that we have covered most of the ground on our obj...
- Zomato to invest $400 million more in quick commerce; will set up a lending biz for restaurantsZomato said it saw 9% growth in revenue from operations on a quarterly basis, while its customer delivery charges shrank 22%.
- New-age internet companies are going big on soft-skill trainingClientele from these businesses are growing for soft-skill trainers. These sectors are still nascent, but demand is rising. These firms hav...
- Swiggy, Zomato in top gear as ride-hailing companies slow downOnly two food delivery firms in competition now as UberEats, Ola’s Foodpanda cut spends.
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