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Tag: zomato

Zomato hit with over INR 4 Cr GST tax demand and penalties

Zomato, the listed foodtech giant, has received a tax demand and penalty order totalling over INR 4.59 crore related to goods and services tax...

Zomato completes acquisition of Paytm’s event and movie ticketing subsidiaries

Ahead of its annual general meeting, foodtech giant Zomato announced in an exchange filing that it has finalised the acquisition of Paytm's events and...

Zomato unveils ‘Zomato for Enterprise’ to streamline corporate food expense management

Building on its series of innovations, foodtech giant Zomato has launched 'Zomato for Enterprise' (ZFE), a platform aimed at helping companies manage food expenses...

Hyperlocal food & beverage brands scale up presence on quick commerce to capture festive season demand

Hyperlocal food and beverage brands are increasingly expanding to quick commerce platforms like Zomato's Blinkit, Zepto, Swiggy Instamart, and BigBasket's BBNow. These brands aim to...

BigBasket shifts focus to quick commerce with BB Now, aims for rapid 10-30-minute deliveries

Tata-owned BigBasket, the largest e-grocer known for its slotted deliveries, is transitioning into a full-scale quick commerce platform as the sector's rapid growth fuels...

E-commerce overtakes brick-and-mortar in high-value goods, quick commerce eyes next frontier

The traditional touch-and-feel retail experience, where customers prefer to inspect products physically before buying, is now being overshadowed by e-commerce. Despite e-commerce’s rapid growth...

Zomato unveils new feature to schedule food orders up to 2 days ahead

Continuing its streak of innovations, foodtech giant Zomato has rolled out a new feature enabling users to schedule food orders up to two days...

Swiggy targets $15 Bn valuation for its $1.2 Bn IPO

Foodtech giant Swiggy, last valued at $10.7 billion, is reportedly eyeing a $15 billion valuation for its $1 billion to $1.2 billion initial public...

Zomato stock jumps over 4%, touches intraday high of INR 269.75

Foodtech giant Zomato's shares surged 4.7% to reach an intraday peak of INR 269.75 on the BSE today, following the company's decision to close...

Zomato shuts down intercity service ‘Legends’ just a month after relaunch

Just a month after reviving its intercity food delivery service, ‘Zomato Legends,’ Zomato founder and CEO Deepinder Goyal announced its discontinuation. ͏In a post on...

Zomato shares surge 2.7% after announcing acquisition of Paytm’s ticketing business

Shares of foodtech giant Zomato rose by 2.7% to reach INR 267 on the BSE in early trading today, up from the previous close...

Paytm to sell entertainment ticketing business to Zomato for INR 2,048 Cr in all-cash deal

Fintech giant Paytm has signed a definitive agreement to sell its entertainment ticketing business to foodtech major Zomato for INR 2,048 crore in an...

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