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ZOMATO WAREHOUSE
From Rs 4,900 crore to Rs 41,300 crore: How Sanjeev Bikhchandani turned 135 startups into a 743% return machineSanjeev Bikhchandani's Info Edge has achieved remarkable capital compounding, deploying Rs 4,900 crore across 135 startups since 2007, now ...- Smiles, fries & air-fryers: Why Canadian food giant McCain is bullish on India’s snacking boomConsumers are embracing global and local flavours, driving innovation in products like fries and premium appetisers. McCain is actively add...
- Info Edge says it invested Rs 1,003 crore on AI, deeptech startups since 2020Info Edge, the parent of Naukri, has significantly boosted its AI and deeptech investments, pouring Rs 1,003 crore into 54 startups since 2...
- Petrol, diesel price hike impact: From milk, onions, Blinkit deliveries to Uber fares & others, here's all that may get costlierPetrol, diesel price hike impact: Centre’s Rs 3 per litre hike in petrol and diesel prices may not feel massive immediately, but its ripple...
- Year in Review | Zomato in 2024: A year of milestones, momentum and controversiesIn 2024, Zomato achieved profitability milestones and diversified its revenue streams under CEO Deepinder Goyal. The company's quick commer...
- Zomato launches QIP; sets floor price at Rs 265.91 per shareGurugram-based Zomato had announced the plan to raise fresh capital last month, at a time when the rapidly growing quick commerce industry ...
- Zomato CEO Deepinder Goyal chief says Hyperpure’s packaging date fiasco was manual error by vendorDeepinder Goyal said the vendor in question has been delisted from the B2B marketplace’s database. But he wonders why the small number of m...
- ‘Future-dated’ mushrooms in Zomato's Hyderabad warehouse? CEO Deepinder Goyal says it’s just a ‘typing error’An inspection at Zomato's Hyderabad Hyperpure warehouse found mislabeled mushrooms and hygiene issues. Zomato CEO Deepinder Goyal clarified...
- Zomato to raise Rs 8,500 crore via QIP to fight quick commerce competitionThis qualified institutional placement (QIP) will be the first fundraising by Zomato since its initial public offering in July 2021.
- Blinkit unit economics hit in July-September on back of investment ramp upBlinkit saw its adjusted Ebitda loss rise to Rs 8 crore in the three months ended September, from loss of Rs 3 crore in the April-June peri...
- Swiggy targets $15 billion valuation in IPOSoftBank-backed Swiggy is planning an IPO to raise $1-1.2 billion, targeting a $15 billion valuation. Competing with Zomato in the quick co...
- Zomato signs lease for its largest warehousing space in BengaluruFood delivery giant Zomato secures its largest warehouse yet, spanning 300,000 sq ft in Bengaluru's Sumadhura Logistics Park. The park, inv...
- Zomato offers to acquire Shiprocket for $2 billion: reportZomato has proposed to acquire the company for about $2 billion, the report said, adding that no final decision has been made.
- Zomato Hyperpure acquires Blinkit’s warehousing, ancillary services businessZomato acquired Blinkit's ancillary service for about $8 million in cash.
- How Blinkit is integrating with Zomato’s Hyperpure after its long-awaited acquisitionBlinkit is expected to shut most of its own backend fulfilment warehouses and merge them with Zomato’s business-to-business restaurant supp...
- 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 defends 10-minute food deliveries after backlashDeepinder Goyal posted details about the ultra-fast delivery model on the microblogging platform explaining how it would work while defendi...
- Blinkit gets $100 million from Zomato, in talks to raise another $300 millionThis is a part of a larger $400-million funding Blinkit is looking to raise from Zomato and other investors, which is expected to close in ...
- Zomato to invest around Rs 56 crore to set up 20 more warehouses by 2020The warehouses would be set up in Delhi, Bengaluru, Mumbai, Pune, Chennai, Hyderabad, Kolkata, Jaipur, Ahmedabad, Chandigarh, Nagpur, Luckn...
- Zomato gets Rs 441 crore in funding round led by Delivery HeroChinese companies Shunwei, Saturn Shine also among investors; capital infusion to value the company at about $2 billion.
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