Blinkit

Zomato reports first-ever net profit on back of tax credit

TMT

03 August, 2023

Zomato reports first-ever net profit on back of tax credit

Foodtech major Zomato reported its first net profit on Thursday propelled by a tax gain, a quarter ahead of its ......

Finance

19 May, 2023

Zomato's Q4 loss narrows, revenue grows as food delivery scenario improves

Food delivery platform Zomato narrowed its net loss for the quarter ended 31 March 2023 to Rs 188.2 crore against ......

TMT

01 March, 2023

Deepinder Goyal steps down from Urban Company board as Blinkit may enter home services space

Zomato's co-founder and chief executive officer Deepinder Goyal has resigned from the board of Urban Company as the ......

TMT

22 November, 2022

Zepto unlikely to turn profitable in near term

Quick commerce platform Zepto does not expect to turn profitable in the near term, but is looking to turn cash ......

Finance

15 November, 2022

Blinkit's marketplace arm's FY22 loss widens to over Rs 1,000 crore

Zomato-owned Blinkit's marketplace arm Blink Commerce Pvt. Ltd reported its FY22 loss at Rs 1,019 crore against Rs ......

TMT

15 September, 2022

Sequoia backs Sigmoid in Series B round

Data solutions startup Sigmoid has closed a Series B round of $12 million (around Rs 94.8 crore) in a mix ......

Consumer

30 August, 2022

Zomato rekindles hope of profitability in 6 months

Zomato management reiterated that the food delivery company is expected to hit profitability over the next six months in......

TMT

05 August, 2022

Zomato rejects EY's latest report pricing its stock lower for Blinkit acquisition

Online food delivery aggregator Zomato, on Friday said its board has rejected EY's new valuation report from July ......

Consumer

02 August, 2022

Uber likely to sell Zomato shares in block deal

On a day when shares of Zomato Ltd jumped 20% to hit the upper circuit following its Q1 earnings, a ......

Consumer

02 August, 2022

Zomato shares sharply higher after net loss halves in Q1

Shares of online food delivery aggregator Zomato rallied nearly 8% on the BSE to ₹49 apiece in Tuesday's opening ......

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