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Tiger Global has made a complete exit from Zomato after selling its remaining 1.44% stake at around Rs 1,124 crore or $136 million approximately. The US-based investment firm has sold …
Tiger Global fully exits Zomato Read More
Several Indian startups joined the initial public offering (IPO) rush in 2021 and since then a dozen startups have been listed on the bourses. Entrackr has sifted through the latest …
How new-age startup IPOs performed in Q1 FY24 Read More
Zomato’s operating revenue surged 17.5% to Rs 2,416 crore during the first quarter of FY24 ending June 2023 compared to Rs 2,056 crore during the quarter ending March 2023 or …
Zomato posts Rs 2,416 Cr revenue in Q1 FY24, turns profitable Read More
After facing a depletion in scale during FY21, offline discovery and reward platform Magicpin has hacked over 59% growth in the last fiscal year. However, the six-year-old company bled heavily …
Zomato-backed Magicpin’s losses shot up over 3X in FY22 Read More
Zomato has turned down a report that claimed that it was shutting down its 10-minute food delivery service, Zomato Instant. The company, however, added that it was rebranding the business …
Zomato says Instant not shutting down, but rebranding on the cards Read More
Covid-19 disrupted most businesses and foodtech majors Zomato and Swiggy were no different with their scale shrinking over 20% during FY21. But the two companies seem to have bounced back …
Swiggy outpaces Zomato with higher revenue and scale in FY22 Read More
Zomato said on Monday its co-founder and chief technology officer Gunjan Patidar has left the firm, the latest in a series of departures at the Indian food delivery firm whose …
Yet another Zomato co-founder leaves the firm Read More