Swiggy and Zomato shares have corrected around 32% and 21% over the last three months given concerns around increasing cash burns in Quick commerce (QC). This was mostly on account of higher ...
The Zomato CEO went on to say in the piece that his companies were burning less cash by comparison. Palicha took the statement to mean that his own quick commerce company was losing more than ...
However, the issue of such heavy sell-off in Zomato’s and rival Swiggy’s shares is sector-specific. Steep competition in the food quick commerce businesses and massive cash burns by Zomato ...
Food and grocery delivery major Zomato on Thursday (March 20, 2025) said it has received the Corporate Affairs Ministry's approval regarding its name change to "Eternal Limited" with effect from ...
BENGALURU: Quick commerce start-up Zepto CEO Aadit Palicha on Tuesday refuted Zomato founder Deepinder Goyal's comment on quick commerce cash burn statement as 'verifiably untrue'. Goyal in an ...
Zomato CEO Deepinder Goyal is India's 2nd biggest self-made entrepreneur, the top position goes to...., Swiggy founders are at.... India’s quick commerce sector is witnessing significant cash ...
Food delivery aggregator Zomato may face an insolvency plea as one of its operational creditors has moved the National Company Law Tribunal (NCLT), seeking restoration of its previous petition.
Zomato, the food ordering and delivery platform, announced the launch of its latest campaign for Zomato Quick, its 10-minute food delivery service. The quirky new campaign comprises four snackable ...
Zomato, a food and grocery delivery major, on Thursday (March 20) said it has received the Corporate Affairs Ministry's approval regarding its name change to 'Eternal Limited' with effect from ...
Zomato on Thursday said that the Ministry of Corporate Affairs, has approved its rebranding from “Zomato Limited” to “Eternal Limited”, with effect from March 20. Earlier this month it had ...
Zepto CEO Aadit Palicha refuted claims made by Zomato CEO Deepinder Goyal that quick commerce companies are burning massive amounts of cash, particularly implicating Zepto. In an Economic Times ...
Food and grocery delivery major Zomato on Thursday said it has received the Corporate Affairs Ministry's approval regarding its name change to "Eternal Limited" with effect from March 20.