Blinkit
TMT
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
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
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
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
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
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
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
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
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
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 ......
