In a rollercoaster financial reveal, Bengaluru-based food delivery giant Swiggy, one of Zomato’s fiercest rivals, stunned investors and analysts alike by reporting a staggering Rs 1,092 crore loss in Q2 FY26. The numbers, released on Monday, show that while Swiggy’s top line is soaring, the bottom line is bleeding, highlighting the high-stakes battle in India’s hyper-competitive foodtech and…
Rakesh Ranjan, former CEO of Zomato’s core food delivery business, has been appointed as the new CEO of Allen Online, the digital arm of India’s leading test preparation institute, Allen Career Institute. The announcement comes shortly after Abha Maheshwari, a former Meta executive who had been leading Allen Online since 2023, stepped down from the role.
Ranjan officially exited Zomato earlier…
Did Zomato’s Food Delivery Boss Just Walk Out? The Internet Exploded—Then Eternal Spoke.
The Indian startup world went into a frenzy after reports claimed that Rakesh Ranjan, the CEO of Eternal’s food delivery business (formerly Zomato), had suddenly quit.
Social media lit up. Headlines flew. People started guessing who would replace him. But just as quickly as the rumors spread, Eternal…
In a surprising turn of events, Rinshul Chandra, the Chief Operating Officer of Eternal Limited (formerly known as Zomato), has stepped down from his role. The news broke on April 5, with Chandra confirming that his last official day would be April 7, 2025. This marks the end of a significant chapter in both Chandra’s career and the evolution of Eternal’s food ordering and delivery…
Introduction
Zomato, the popular food delivery service led by Deepinder Goyal, has made a significant move to support its quick-commerce platform, Blinkit, by investing an additional Rs. 500 crore (approximately $60 million). This comes as part of Zomato’s strategy to strengthen Blinkit and expand its offerings, which includes faster deliveries and better customer service. The latest funding…
In a bold move to tap into India’s rapidly growing quick commerce market, Blinkit, the quick delivery platform owned by Zomato, has expanded its services to Jammu. The company is now offering fast deliveries of groceries and other essential products in just 10 minutes! This new expansion will bring Blinkit’s signature speed and convenience to more customers, making it easier than ever to get…
Veeba Foods’ Viraj Bahl Joins Shark Tank India as New Shark
In exciting news for startup enthusiasts and fans of Shark Tank India, Viraj Bahl, the founder and managing director of Veeba Foods, will be joining the panel of sharks for the upcoming season. Known for his success in the food industry, Bahl’s addition to the show is set to bring fresh perspectives and valuable insights to the table…
Zomato’s controversial Chief of Staff role has attracted thousands of hopefuls, despite the job offering no salary in the first year and requiring a hefty Rs 20 lakh fee. Here’s what the buzz is all about.
Introduction: A Job Listing Like No Other
Zomato CEO Deepinder Goyal recently stirred the pot with a unique job posting that’s been turning heads. The role, which has gone viral online…
Blinkit Launches 10-Minute Delivery Service for Large Orders
Zomato’s quick commerce platform, Blinkit, has just launched a new pilot program aimed at delivering larger consumer items within an impressive 10-minute window in the Delhi NCR region. The new initiative, known as Blinkit’s large-order fleet, is designed to cater to bulkier items such as PlayStation 5 consoles, luggage bags, air…
In a surprising twist of camaraderie amidst competition, food delivery giants Zomato and Swiggy shared a light-hearted exchange on social media as Swiggy made its debut on the stock market. This unique moment between two fierce rivals has caught the attention of netizens and sparked an interesting conversation about the future of the Indian food delivery industry.
Zomato’s Tweet Welcomes Swiggy…
