Zomato IPO: Hype or just right?
For a loss-making company, the startup’s valuation may seem high, but analysts see value for investors in the long term.
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August 2021
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July 2019
Zomato IPO: Uber laughs all the way to the bank
After booking profit on Uber Eats sale, the ride hailing app is sitting on 5.6x gain in Zomato.
Business not as usual for e-commerce firms
While the government says e-commerce firms can resume delivery of non-essential items from April 20, a surge in the number of Covid-19 cases in the past week could stop consumers from shopping online.
New investors join food delivery bandwagon
Swiggy and Zomato have raised small tranches from new investors amid a slowdown in business.
Why less is more for Wow! Momo
For the rapidly growing Kolkata-based QSR chain, the small kiosk embedded in a mall has proven to be a profitable idea. Especially when it serves one of India’s favourite fast foods.
Zomato acquires Uber Eats in all-stock deal
The latest event of consolidation in the food tech space will further expand Zomato’s reach and give Uber a stake in a fast-growing restaurant aggregator.
Accel announces sixth fund of $550 million
The capital will be invested in seed and early-stage technology startups in India.
Swiggy, Dunzo spice up hyperlocal space
After seeing several shutdowns a few years ago, the hyperlocal space is abuzz with activity once again with players such as Swiggy and Dunzo expanding their roster of services as funding pours in.
Swiggy Go launched in Bengaluru
Swiggy Go will deliver all sundry items including laundry products, lunch boxes, documents, and parcels to the customer’s doorstep.
Fintech: Fast and furious
Fintech companies in India are not just competing with banks and e-commerce players but also collaborating with them to fulfil each other’s needs, keeping the sector abuzz with investment.
