Blinkit
TMT
Separating fact from fiction: how many unicorns does India really have?
Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......
TMT
Zomato posts net profit in Q3, revenue from quick commerce more than doubles
Indian food delivery platform Zomato reported a quarterly profit that beat market expectations on Thursday, aided by increased demand during ......
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 Zomato's owned ......
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 381.7 crore ......
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 its ......
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 that priced ......