The acquisition of Blinkit has been a game-changer, giving Zomato a foothold in the booming quick commerce. Blinkit’s rapid scale-up and Ebitda breakeven have strengthened Zomato’s financials.

The reported layoffs came as the company faces challenges in its core food delivery business and rising losses in its quick commerce subsidiary, Blinkit. Zomato, the popular online food delivery ...

Rinshul Chandra (L) is a close aide of Zomato founder Deepinder Goyal (R). In a major setbackf for Zomato, its Chief Operating Officer (COO), Rinshul Chandra, has resigned from the company.

Blinkit. According to reports, the company had hired nearly 1,500 employees last year through its Zomato Associate Accelerator Program (ZAAP) to fill customer support roles. However, in recent ...

He attributed this maturity to the fact that Blinkit is owned by Zomato (now Eternal) and is therefore part of a larger business ecosystem. Vats pointed to several instances where Blinkit managed ...

This move comes as the company reportedly experiences slowing growth in food delivery and losses in its quick commerce unit, Blinkit. Zomato has also been using artificial intelligence (AI ...

He attributed this edge to Blinkit's parent company, Zomato (now rebranded as Eternal), which, in his opinion, provided a more organized and structured work environment. "Last week, I took on a ...

Goldman Sachs remains confident in Zomato, maintaining a 'buy' rating with a target price of Rs 310 despite recent stock ...

Blinkit, is suffering losses. According to a Moneycontrol report, 1,500 customer support executives were hired under the Zomato Associate Accelerator Program (ZAAP). Many employees were hoping for ...

Swiggy is pricing in higher in higher risk in quick commerce (QC), it said adding that margin for Zomato's Blinkit will be under pressure in Q4. On BEL, Kotak said the defence PSU's ability to ...

Zomato laid off around 500 employees from its Zomato Associate Accelerator Program (ZAAP) across Gurugram and Hyderabad, according to a report by Outlook Business. The company logged employees out ...

He attributes this to "Blinkit's integration within the larger Zomato (now Eternal) business ecosystem." Before diving deep, a brief note: While Zepto scores higher for its store conditions (based on ...