Quick commerce is on steroids. The two listed companies, Zomato and Swiggy, have doubled their revenue from this segment in ...

Foodtech platform Zomato has invested INR 500 crore in its quick commerce arm, Blinkit, bringing its total investment in the platform to INR 2,800 crore since acquiring it in August 2022.

“Given that Zomato and Blinkit currently have strong margins, they should be able to offset the increased advertising costs. As a result, while we can expect a temporary rise in ...

Driven by the growth of Zomato’s food delivery business and Blinkit’s GMV, domestic brokerage firm Kotak Institutional Equities has retained its ‘buy’ rating on the stock with a target ...

JM Financial said the move would enable Blinkit to better compete with competition, as most competitors today continue to ...

Whether Zomato should gobble up the whole of Blinkit. Five months earlier, in July that year, Zomato had bought 9.3 percent equity in Grofers, an online grocery delivery company. In August ...

The March quarter earnings season will be pivotal for new-age tech companies, particularly quick commerce players like Zomato ...

The buzz around Zomato has been dominated by its name change to Eternal Limited. The change, approved by the Ministry of Corporate Affairs, aligns with its multi-brand strategy spanning Blinkit ...

“Nugget” is an AI-powered customer support platform which handles over 15 million monthly interactions across Zomato’s brands including, Blinkit and Hyperpure. It has been made specifically ...

which now includes four major business units -- Zomato, Blinkit, District, and Hyperpure -- as part of its new structure. Informing shareholders, the company's Chief Executive Officer (CEO ...

As per the company, Nugget is currently powering over 15 million support interactions per month for Zomato, Blinkit, and Hyperpure. This comes at a time when Zomato has reported slowing growth in ...

The industry, which is dominated by the likes of Zomato-owned Blinkit, also accounted for a ... Advt "The dramatic rise of quick commerce (i.e., delivery in less than 30 minutes) has been one ...