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 ...

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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 ...

losses in its quick commerce unit Blinkit and the adoption of AI to automate customer support tasks. The layoffs coincide with the recent launch of Nugget, Zomato's in-house AI-powered customer ...

Eternal will comprise four major businesses (as of now) -- Zomato, Blinkit, District, and Hyperpure. Advt "...We wish to inform you that the Registrar of Companies, Ministry of Corporate Affairs ...

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

According to the All India Consumer Product Distributors Federation (AICPDF), the rise of quick commerce has led to the ...

Eternal will comprise four major businesses (as of now) -- Zomato, Blinkit, District, and Hyperpure. "...We wish to inform you that the Registrar of Companies, Ministry of Corporate Affairs (MCA ...

Zomato recently rebranded itself as Eternal Ltd. Under the Eternal Ltd. umbrella, the company manages Zomato, Blinkit, Hyperpure and District.

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.