SOUTH AFRICA – Indian food delivery startup Zomato has completed the processes of deregistering its South Africa subsidiary. According to…
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Zomato to invest US$1B over the next 2 years to accelerate growth of Indian startups
INDIA – Indian multinational food delivery company, Zomato has announced plans to invest US$1 billion over the next two years…
Read MoreKroger partners Instacart to launch 30-minute delivery service as Zomato shutters grocery delivery service
US – American retail company Kroger is teaming up with Instacart on a new delivery service that can get grocery items to customers in as little as…
Read MoreZomato continues portfolio cleanup post-IPO, shuts down UK, Singapore businesses
INDIA – Indian multinational restaurant aggregator and food delivery company Zomato has closed two of its overseas subsidiaries – Zomato…
Read MoreZomato’s quarterly losses widen despite 22% jump in operational revenue
INDIA – Indian multination food delivery company Zomato has seen its net losses jump 168% from the previous quarter to Rs…
Read MoreZomato becomes first Indian unicorn to go public raising US$1.26B in successful IPO
INDIA – Food delivery start-up Zomato has become the first Indian unicorn to go public, successfully raising over US$1.26 billion in…
Read MoreZomato eyes 10% stake in e-grocery startup Grofers to counter rising competition from rivals Swiggy and BigBasket
INDIA – India multinational food delivery company Zomato is angling for a 10% stake in Indian e-grocey startup Grofers to stave-off competition from…
Read MoreZomato files for $1.11bn IPO as food delivery surges in pandemic
INDIA – India food delivery platform Zomato has filed for a US$1.11 billion IPO as food delivery surges in India…
Read MoreZomato expands meal delivery in India amid surging covid-19 cases, appoints 4 women to board
INDIA – Food delivery platform, Zomato has expanded the offering of its meal delivery service to include home-style mini-menus to…
Read MoreZomato raises US$250 million in new funding round even as it re-evelutes its office catering business
INDIA – Indian food delivery startup Zomato has raised US$250 million, two months after closing a US$660 million Series J…
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