Hong Kong-based AMC Kadensa Capital offloaded more than 60 Lakh shares of foodtech giant Zomato in an INR 119.84 Cr block ...
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 ...
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 ...
Shares of Swiggy Ltd and Zomato Ltd have tumbled up to 46 per cent ... late to start operations or had limited firepower to burn cash, first focussed on scaling up their presence in the long ...
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 ...
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 ...
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 ...
Shares of leading quick commerce and food delivery majors Zomato and Swiggy are higher in ... in share prices may be due to concerns over high cash burns in the quick commerce business.
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