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Zomato to divest, shut down, non-core biz like Fitso

Consumer

10 November, 2021

Zomato to divest, shut down, non-core biz like Fitso

Online food delivery platform Zomato is in the process of divesting or shutting down its non-core businesses. In a blog ......

Zomato's investment turns Curefit to unicorn valued at $1.5 bn

Consumer

10 November, 2021

Zomato's investment turns Curefit to unicorn valued at $1.5 bn

Food delivery and restaurant aggregation platform Zomato Ltd has acquired a 6.4% stake in Curefit Healthcare Ltd via twin deals, ......

Zomato invests in Curefit, Shiprocket, magicpin; parks $1 bn to invest in startups

Consumer

10 November, 2021

Zomato invests in Curefit, Shiprocket, magicpin; parks $1 bn to invest in startups

Online food aggregator Zomato Ltd. has signed definitive agreements to invest $75 million for an 8% stake in Bigfoot Retail ......

Zomato invests $60 mn in hyperlocal discovery startup Magicpin

TMT

10 November, 2021

Zomato invests $60 mn in hyperlocal discovery startup Magicpin

Samast Technologies Pvt. Ltd, which operates hyperlocal discovery startup Magicpin, on Wednesday said it has raised $60 million (Rs 443 ......

Snapdeal appoints two ESG-focused directors ahead of Rs 3,000 cr IPO

People

26 October, 2021

Snapdeal appoints two ESG-focused directors ahead of Rs 3,000 cr IPO

SoftBank-backed ecommerce platform Snapdeal, which is likely to file its IPO draft papers in the next few months, has appointed ......

Workforce manager Smartstaff raises $4.3 mn from Blume Ventures, Nexus, others

TMT

04 October, 2021

Workforce manager Smartstaff raises $4.3 mn from Blume Ventures, Nexus, others

Blue-collar workforce management platform Smartstaff (previously Qikwork Services Pvt Ltd) has raised $4.3 million in funding from existing investors Blume ......

Zomato says Gaurav Gupta exit ‘does not warrant disclosure'

Consumer

19 September, 2021

Zomato says Gaurav Gupta exit ‘does not warrant disclosure'

Zomato Ltd has said that its co-founder Gaurav Gupta’s exit from the company ‘does not warrant any disclosure under the ......

Now, onus on food delivery apps to collect GST

Consumer

17 September, 2021

Now, onus on food delivery apps to collect GST

The Goods and Services Tax (GST) council on Friday left the tax slab on food  delivery apps unchanged but is ......

Let food delivery apps grow first; tax them later, say industry experts

TMT

15 September, 2021

Let food delivery apps grow first; tax them later, say industry experts

Zomato initial public offering (IPO) and its stellar listing on the stock exchanges created waves in July as the food ......

Zomato co-founder Gaurav Gupta quits six weeks after food delivery app's market debut

People

14 September, 2021

Zomato co-founder Gaurav Gupta quits six weeks after food delivery app's market debut

Gaurav Gupta, co-founder and top executive of Ant Group-backed Zomato Ltd, has resigned from the food delivery company about one ......