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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.
- 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...
- Eternal Q4 Results: Cons net profit spikes 346% YoY to Rs 174 crore; revenue soars 196%Eternal Q4 Results: Eternal, operator of Zomato and Blinkit, announced strong financial results for the fourth quarter. The company saw a s...
- Eternal Q4 Preview: Will over 400% YoY profit growth help dominate Swiggy?Zomato is likely to report strong Q4 growth, with revenue rising about 180% YoY and profit up nearly 430%, driven by Blinkit’s continued mo...
- 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...
- Zomato parent Eternal extends Hyperpure to food businesses big & smallHyperpure, the B2B grocery supply arm of Zomato’s parent Eternal, has expanded its services from hotels and restaurants to all types of foo...
- Zomato Hyperpure leases 5.5 lakh sq ft warehouse in Bhiwandi near MumbaiZomato Hyperpure has secured a significant warehousing space in Bhiwandi, near Mumbai. This move strengthens their backend operations for s...
- Zomato Hyperpure leases 2.5 lakh sq ft warehouse in Bhiwandi near MumbaiZomato Hyperpure is expanding its supply chain operations with a new 2.5 lakh sq ft warehouse in Bhiwandi, near Mumbai, under a five-year l...
- Zomato Hyperpure leases over 2.5 lakh sq ft warehouse in Palava near MumbaiZomato Hyperpure has leased a 253,000 sq ft warehousing facility at Lodha Industrial and Logistics Park in Palava, Mumbai. The five-year le...
- Zomato's B2B vertical Hyperpure introduces rapid delivery serviceThe company said that the delivery time will range from 30 minutes to four hours. The price of products under this service is higher than t...
- 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...
- Auditor of Zomato subsidiaries resignsThe food tech platform's auditor Deloitte Haskins & Sells has been appointed in its place to make the audit process more efficient.
- BB & Associates, auditor of Zomato subsidiary Hyperpure resignsIn a letter to the board of Zomato Hyperpure Pvt Ltd, which was shared on stock exchanges, BB & Associates said its resignation was after v...
- Zomato says B2B vertical Hyperpure could be bigger than food delivery“Our core food delivery business is headed for profitability. We think Hyperpure may become as large as or larger than even food delivery.....
- 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...
- 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...
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