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.

Operating revenue increased 31% to Rs 3,993 crore from Rs 3,049 crore last year. Swiggy’s overall gross order value (GOV) ...

Goyal stated that Eternal will comprise four major businesses as of now - Zomato, Blinkit, District, and Hyperpure. "When we acquired Blinkit, we started using "Eternal" (instead of Zomato ...

Indian apps continue to dominate global markets. Zepto’s rise shows the growing influence of Indian startups on the world ...

Can Amazon outrun India's Q-commerce kings? The 10-minute delivery market is heating up in a $3.34B industry showdown.

The monthly cash burn for quick commerce players, including new entrants, has surged to Rs 1,300-1,500 crore, doubling in ...

Deepinder Goyal, Group CEO and Founder, said in a letter, “When we acquired Blinkit, we started using “Eternal” (instead of Zomato) internally to distinguish between the company and the ...

Despite the name change, the Zomato app will continue to operate under its existing name. However, the company’s stock ticker ...

In 2024, over 15 lakh partners worked with Zomato, with those logging at least 8 hours a day seeing average monthly earnings ...

While the parent company will now be known as Eternal Ltd, the food delivery app will retain the familiar Zomato branding.

Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.

The Gurugram-based company, which joined India’s benchmark index, BSE Sensex, in December, said on Thursday the name change would better reflect its expanding business portfolio, which includes ...