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All posts tagged "Zomato"
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995NewsFoodtech Major Zomato trims Cash Burn Rate by more than 50%
It is no secret that foodtech sector’s overreliance on the strategy of deep discounting has resulted in higher cash burn rate, eventually...
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1.6KFunding NewsNew Funding Round is all set to be Served on Zomato’s Platter
With UberEats and FoodPanda scaling down their businesses, it is now no secret that India’s foodtech sector is proving to be a...
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887NewsTo cut Operational Cost, Zomato Fires Nearly 100 Employees
Foodtech major Zomato has fired nearly 70-100 employees from its customer support team in Gurgaon in its latest cost-cutting drive. The Gurgaon...
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1.3KNewsIs Swiggy & Zomato’s Love Affair with Deep Discounting Coming to End
After e-commerce players, online food aggregators are now likely to face heat for their alleged practice of deep discounting and predatory pricing....
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2.2KNewsZomato surges ahead of Swiggy in Valuation Game, HSBC Report Claims
Zomato can take a sigh of relief as the startup gears up for its fresh fundraising round that may fructify in a...
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1.5KFunding News
Zomato Parts ways with UAE Business & Closes Series I Round
Zomato has reached an agreement with German-based food tech delivery major Delivery Hero to sell its UAE business for $172 million (Rs...
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1.7KFunding NewsZomato Raises $62.5 Mn to Catch up with rival Swiggy
Food delivery major and online restaurant discovery platform Zomato has raised $62.5 Mn (nearly Rs 441 crore) in a latest funding round....
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1.3KNews
Zomato may Divest its UAE Business to Compete with Swiggy
Zomato is in talks to sell its UAE business to German based food delivery firm Hero Delivery, according to sources familiar with...
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1.5KFunding News
Zomato likely to Raise $1 bn in Fresh Funding Round as Counter Move to Swiggy
Zomato is likely to add more fodder to the ongoing bitter battle with its rival Swiggy as sources have claimed to The...
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3.5KNewsGovt’s new Rules may make Life little Difficult for Swiggy & Zomato
It seems like India government is in no mood to give any more leverage to the startup world. Barely 48 hours after...
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1.6KNews
As Delivery Boy takes the bite, Zomato Promises Precautionary measures
Social media and controversies share a very deep bond. Something that food delivery startup Zomato seem to have experienced during the last...
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1.2KNewsZomato may bring China’s Ctrip on board to take on Swiggy
Zomato seems to be inching closer towards second fundraising round of this year. China’s online traveling behemoth Ctrip is reportedly planning to...
