Food delivery giant Zomato has pumped in another ₹500 crore into its quick commerce arm, Blinkit. The investment was revealed ...
Zomato is expected to report strong Q3FY25 growth, with a 66% YoY revenue increase, driven by food delivery and Blinkit’s ...
As per Blinkit’s regulatory filings, it allotted 2,537 equity shares at an issue price of INR 19.7 Lakh (19,70,181) each to ...
The latest investment, which comes shortly after Zomato’s Rs 8,500 crore QIP, brings the firm’s total investment in Blinkit ...
Zomato's remarkable growth trajectory is now at a crossroads as it battles profitability issues and fierce competition. With ...
Zomato infuses Rs 500 crore in Blinkit as competition in quick commerce intensifies. This and more in today’s ETtech Top 5.
Currently, Blinkit holds a 45% market share in the quick commerce segment, along with the highest gross order value (GOV), exceeding $3 billion.
The latest infusion comes after Zomato raised Rs 8,500 crore through a Qualified Institutions Placement (QIP) in November 2024.
Brokerages tracked by Business Standard estimate Zomato's profit after tax (PAT), on an average, to increase 65.5 per cent ...
Zomato shares jumped 3% to INR 248.65 apiece on the BSE after JM Financial reiterated its ‘buy’ rating on the stock.
JM Financial prefers Zomato over Swiggy post the recent correction in both stocks. It suggested a 'Buy' on Swiggy with a ...
Deepinder Goyal, the CEO of Zomato, responded to the post in response to the criticism and promised that the additional cost ...