Several brokerages stated in separate notes that Rapido's entry into the food delivery market through a pilot in Bengaluru is unlikely to significantly upend the established duopoly of Zomato and Swiggy due to the business's intrinsic operational complexity, capital intensity, and customer experience issues. Bengaluru-based Rapido
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Zomato is an Indian restaurant search, discovery, and online food delivery service. The food tech unicorn was founded by Deepinder Goyal and Pankaj Chaddah in 2008. Zomato is well known throughout the country and has also managed to venture into many international markets over the years. It currently operates in
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The food delivery segment in India has witnessed an unprecedented surge. Late-night cravings, urgent home delivery, etc., have now become the norm. Despite being a huge potential market in India at present, only 2-3 brands dominate this industry, and Zomato is one of them. Zomato is an Indian restaurant aggregator
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ââPeople's eating habits have changed significantly, specifically because of the lockdown. People become more familiar with ordering food online from the convenience of their homes. Two players, Zomato and Swiggy, dominate the Indian food delivery industry. âFood delivery businesses got paced during the lockdown period. According to the
Zomato, a key player in the foodtech industry, has allegedly begun collecting a new "long-distance service fee" for orders that are delivered more than four kilometres. The company would now charge its clients INR 15 for deliveries within a 4- to 6-kilometre radius if the order value exceeds
Zomato has discreetly declared that its Gold subscription users will now be required to pay a "rain fee". The restaurant aggregator has changed its subscription plan so that even its premium customers will now be charged more for deliveries conducted in adverse conditions. Â The majority of rapid commerce
A post on Reddit from an anonymous source who claims to be an employee of Zomato, has stirred up quite a bit of controversy. It alleges that Zomato is in crisis and that the popular food delivery platform is steadily losing ground to competitors like Zepto Cafe and Swiggy. The
According to reports, the HC made the rulings at a hearing on a plea against the National Restaurant Association of India's (NRAI) exclusion from the confidential ring during the investigation.
The petition was submitted without the required notice under section 8 of the Insolvency and Bankruptcy Code (IBC).
A former Zomato employee claims in a widely shared Reddit post that the firm unexpectedly and without warning fired over 300 employees, sparking uproar. According to the former worker, who says he was one of those affected, the decision was made based on an "average lateness" of only
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âFoodiebayâ or âZomatoâ as we now call it, was a startup founded in Delhi, now headquartered in Gurgaon, in July 2008. A website, Foodiebay.com, which initially started as a food review website containing the menus from popular restaurants nearby and gradually turned into the best food delivery service in
Priyank Kharge, Karnataka's IT minister, has alerted to take regulatory action against e-commerce and fast commerce platforms if they don't enhance customer service and complaints. According to the minister, current technological solutionsâlike chatbots used by different platformsâcannot resolve client complaints, leaving people stuck in
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Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. As we move forward in the world of modernization, we tend to scroll the screens of our mobile phones too often and for many reasons. We swipe our mobile screens to shop, learn, relax,
Zomato has invested INR 4,300 crore into Blinkit since acquiring the online grocery delivery service, formerly known as Grofers, in an all-stock deal for INR 4,477 crore in August 2022. Zomato has been investing more in Blinkit, mostly to finance its rapid growth and offset operating losses in
Zomato, a leading food delivery company, has introduced 'Nugget', an AI-driven customer support platform designed to help businesses enhance their customer service operations. This announcement was made by Zomato's CEO, Deepinder Goyal, on social media platform X (formerly Twitter). Nugget is a no-code platform, meaning businesses
On February 17, the foodtech juggernaut Zomato introduced Nugget, an AI-powered customer service tool. Deepinder Goyal, the founder, shared the news on the social media site X. "With its high degree of customisation, low cost, and lack of a development team, Nugget helps businesses scale support with ease."
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Zomato is one of Indiaâs leading food delivery companies, making it easy to get your favourite meals to your doorstep. But Zomato is more than just a food delivery app, it has grown into a powerhouse by acquiring several businesses. The Deepinder Goyal-led company now offers services like quick
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There were days when we used to call different restaurants to place orders and again call up for corrections, directions, and reservations. Then came applications like Zomato, which reversed the whole scenario and made it extremely simple for consumers. Deepinder Goyal and Pankaj Chaddah founded Zomato in 2008, which eased
Zomato, a meal delivery aggregator, has appointed two individuals to the position of chief of staff following the widely reported search. In a post on X, Zomato's founder and CEO, Deepinder Goyal, stated that the firm got more than 18,000 applications, of which 150 were selected for
Deepinder Goyal-led Zomato has announced that it has officially changed its company name to "Eternal Ltd," with the board approving the move on February 6, 2025. This change will apply to the company itself, but the Zomato brand and app will remain the same. Along with the new
Quick, a 10-minute food delivery service from Zomato, is currently available in several cities. Customers can get fast food and pre-cooked instant meals, including snacks, desserts, beverages, etc., delivered within 15 minutes from restaurants and cloud kitchens within a 2-kilometre radius of their location by using the "Quick 10
2.61 Cr equity shares have been distributed by listed foodtech giant Swiggy through its different employee stock option (ESOP) plans. Swiggy announced in an exchange filing on January 25 that the nominating and compensation committee had authorised the distribution of 2,61,93,411 equity shares of the firm
With the distribution of approximately 1.2 Cr in stock options to qualified employees, foodtech giant Zomato has increased the size of its employee stock option plan (ESOP) pool. The company, managed by Deepinder Goyal, announced in an exchange statement on October 2 that its board has approved the issuance
On January 20, foodtech giant Zomato released its financial results for the third quarter (Q3) of the fiscal year 2024â2025 (FY25). 57% Profit Slumps in Q3 of FY25: The foodtech giant's consolidated net profit fell 57.2% to INR 59 Cr from INR 138 Cr in the