India’s Food tech Unicorn Zomato to raise $146m in preparation for 2021 IPO
INDIA – Indian Food Tech Unicorn, Zomato is in the process of raising US$146 million…
Zomato
Indian Digest: Online food delivery startups BigBasket, Swiggy and Zomato raise funds
INDIA – The ongoing Covid-19 pandemic induced lock down has let Indians discover the convenience…
India keen to tap into the growing appetite for healthier eating options
INDIA – The food and beverage industry in India is seeing a very definite change…
Zomato acquires Uber’s food delivery business in India to accelerate growth
INDIA – Zomato, the food delivery company backed by Alibaba’s Ant Financial, has acquired Uber…
Indian foodtech unicorn Zomato appoints Akriti Chopra as new CFO
INDIA – Zomato, an Indian online food delivery platform, has named Akriti Chopra as the…
Zomato eyes UberEats business in India to strengthen footprint ahead of major rivals
INDIA – Zomato is said to have entered negotiations with UberEats seeking to acquire its…
India’s online grocery retail market set to reach US$10.5bn by 2023
INDIA – Online food and grocery retail in India is estimated to hit US$10.5 billion…
Ant Financial backed foodtech unicorn Zomato to raise US$600m in fresh funding
INDIA – Food ordering and delivery platform, Zomato is in the process of raising US$600…
Zomato to invest US$8m in 20 new warehouses in India by 2020
INDIA – The Indian restaurant search and discovery service, Zomato has said that it plans…
Food delivery firm Zomato sells UAE business to Delivery Hero for $222m
INDIA – Food ordering and restaurant discovery platform, Zomato, has sold off its United Arab…
Zomato delists 5,000 restaurants in India over hygiene non-compliance
INDIA – Zomato, online food delivery firm in India, said it has delisted over 5000…
UberEats in talks to sell India business to delivery firms Zomato and Swiggy
INDIA – Uber India is set to sell its two-year-old online food delivery business, UberEats…
Zomato gets US$39.7m capital injection from US-based Glade Brook Capital
INDIA – Haryana based food delivery service, Zomato has received US$39.75 million (Rs 284 crore)…
Zomato in talks to raise between US$500m and US$1b in ecommerce grapple
INDIA – Leading food delivery platform, Zomato is in talks to raise between US$500 million…
Zomato, Swiggy delists 10,500 restaurants for violating food safety law
INDIA – Indian e-commerce firms, Zomato, Swiggy, among others have removed 10,500 restaurants from their…
Zomato acquires TechEagle Innovations for drone-based food delivery
INDIA – One of India’s largest restaurant search and discovery platform, Zomato has announced that…
Zomato Chief Financial Officer Sameer Maheshwary resigns after 5 months
INDIA – Food delivery platform, Zomato’s Chief Financial Officer, Sameer Maheshwary has resigned less than…
Ant Financial invests another US$210m in Indian food delivery firm Zomato
INDIA – Indian food delivery and restaurant service Zomato has raised US$210 million from Alibaba’s…
Food delivery firms Swiggy, Zomato, UberEats delists 10,500 ‘unsafe’ restaurants
INDIA- Food delivery and ecommerce platforms Zomato, Swiggy, UberEats and Food Panda have abandoned and…
Ant Financial secures right to become the largest shareholder in Zomato
ASIA – Zomato’s newest investor and an affiliate company of the Chinese Alibaba Group, Ant…
Swiggy launches marketplace program ‘Swiggy Packaging Assist’ for restaurant partners
ASIA – Swiggy, the Indian online restaurant firm has launched ‘Swiggy Packaging Assist’, a marketplace…
Food ordering firm Zomato expands food delivery service to 3 more cities
ASIA – The restaurant guide and service provider Zomato is expanding its food delivery services…
Zomato expands operations to 7 more cities as India forms its largest focus market
INDIA – Restaurant service and online delivery platform Zomato said it is expanding operations to…