Zomato News

Eternal's Shares Surge 15% as Blinkit Outshines Zomato: A Deep Dive into the Rally

Eternal's shares surged 15% as Blinkit outperforms Zomato, marking a significant rally. With a 127% year-on-year rise in net order value, Blinkit's growth has eclipsed Zomato's, le...

Eternal's Q1 Profits Take a 90% Dive Amidst Heavy Investments in Blinkit and New Ventures

Eternal, Zomato's parent company, experiences a 90% profit drop in Q1 due to heavy investments in Blinkit and new ventures, while revenue grows by 70%.

Blinkit Surpasses Zomato in Order Value, Marking a Strategic Pivot Towards Quick Commerce

Blinkit has overtaken Zomato's core food delivery business in net order value, marking a strategic shift towards quick commerce for Eternal Ltd. The company reported a 70% YoY reve...

ONDC Aims to Boost Food Delivery with Rs 100-150 Crore Subsidy Revival Plan - What You Need to Know

ONDC proposes a Rs 100–150 crore subsidy revival to support food delivery partners, challenging Zomato and Swiggy's dominance with lower commissions and direct customer data access...

Zomato CEO Deepinder Goyal Invests in Luxury: A Rs 52.3 Crore Apartment in Gurugram's Elite DLF Camellias

Zomato CEO Deepinder Goyal has purchased a luxury apartment in Gurugram's DLF Camellias for Rs 52.33 crore, marking a significant investment in the luxury real estate sector. The d...

Eternal Ltd's Stunning 78% Profit Plunge to Rs 39 Crore Amidst a 64% Revenue Boom in Q4

Eternal Ltd, previously Zomato, faces a 78% profit drop to Rs 39 crore in Q4 2025, despite a 64% revenue increase to Rs 5,833 crore, with Blinkit's losses widening and strategic ac...

Restaurants Strategize to Leverage ONDC in Battle Against Zomato and Swiggy Dominance

Restaurants are planning to use the government-backed ONDC platform to challenge the dominance of Zomato and Swiggy, aiming to regain control over their digital presence and custom...

Top Stock Picks and Downgrades: Brokerages' Insights for January 22 Investment Strategies

Brokerage firms share their top stock picks and downgrades for January 22, highlighting Zomato's potential, Dixon Technologies' downgrade, and insights on Mangalore Refinery & Petr...

Top Stock Picks for January 17: Brokerages Eye Swiggy, Zomato, and More for Big Gains

Brokerages highlight Swiggy, Zomato, HDFC Life, L&T Technology Services, Mahanagar Gas, and PVR Inox as top stock picks for January 17, citing strategic growth, financial health, a...

NRAI Takes Legal Action Against Zomato and Swiggy Over Market Monopolization Claims

The National Restaurant Association of India (NRAI) is set to file a legal complaint against Zomato and Swiggy, accusing them of attempting to monopolize the food delivery market t...

Revolutionizing Food Delivery: India's 10-Minute Delivery Craze

Food delivery apps in India are promising to deliver a variety of dishes in under 10 minutes, driven by technology and the demand for instant gratification among urban consumers.

IIT Delhi Alumni Dominate the List of Top Startup Founders

A study shows IIT Delhi alumni lead in founding India's top 200 most valuable startups since 2000, with 36 founders from the institution, including Sachin and Binny Bansal.

5% GST Retroactively Imposed on Food Delivery Charges: What You Need to Know

The GST Council is expected to clarify a 5% levy on food delivery charges by apps like Zomato and Swiggy, applying retrospectively from 2022. This move addresses a tax demand of ar...

Indian Companies Smash QIP Fundraising Record, Raising Over Rs 1 Lakh Crore in 2024

Indian companies have raised a record-breaking Rs 1,21,321 crore through QIPs by November 2024, driven by strong stock market conditions and higher valuations. Key players include ...