Zomato’s New “Food Rescue” Feature Aims to Cut Food Waste – Here’s How You Can Benefit
Food waste is a massive problem in the delivery industry, with millions of meals getting tossed out every year. To combat this, Zomato, one of India’s leading food delivery services, has introduced a game-changing feature called “Food Rescue.” This new initiative aims to tackle food wastage by…
In a recent controversy surrounding Zomato’s Hyperpure warehouse, Deepinder Goyal, the company’s CEO, addressed the issue of incorrectly labeled mushroom packets. The problem, which initially drew attention from the Telangana Commissioner of Food Safety, revolved around a small batch of mushroom packets with a future packaging date. Despite the uproar, Goyal defended the company, calling it a…
Zomato is making headlines once again! The Indian food delivery giant announced plans to raise $1 billion through a qualified institutions placement, marking its first major fundraising effort since its IPO in 2021. This move comes at a crucial time, just weeks ahead of rival Swiggy’s highly anticipated IPO, where it aims to raise $1.4 billion.
Market analysts were surprised by Zomato’s…
A Personal Venture for Wellness Tracking!
Deepinder Goyal, co-founder and CEO of Zomato, has launched a new healthtech startup called Continue, aimed at health tracking and mental wellness. Currently operating in stealth mode, Continue is branded as “The Ultimate Health Tracker,” but specific details are still under wraps.
Behind the Scenes of Continue
The new venture is legally registered as…
Deepinder Goyal, co-founder and CEO of Zomato, is stepping into the health and wellness space with a new venture called Continue. This initiative aims to promote longevity through health tracking and mental wellness.
What is Continue.com?
The website Continue.com, billed as “The Ultimate Health Tracker,” is linked to Upslope Advisors Pvt Ltd, a company registered just this April. Currently…
India’s largest group of retail distributors is urging the antitrust authority to investigate three popular quick commerce companies—Zomato’s Blinkit, Swiggy, and Zepto. They are concerned about these companies’ alleged predatory pricing practices, which they say threaten traditional retailers.
Quick commerce is taking India by storm, with businesses promising delivery of everything from…
The Karnataka government is set to impose a new transaction fee on popular aggregator platforms like Zomato, Swiggy, Uber, and others. This move aims to support the welfare of gig workers in the state.
What You Need to Know About the New Fee
Karnataka’s Labour Minister, Santosh Lad, announced that a small cess—ranging from 1% to 2%—will be charged on every transaction made through these…
In a significant development, Gunjan Soni, an independent director at Zomato, has resigned due to increasing professional responsibilities. The company announced her resignation in a recent exchange filing, effective from the end of business hours on October 11, 2024.
In her resignation letter, Soni expressed her gratitude for her time at Zomato but noted that the demands of her other…
Hyderabad-based adtech startup AdOnMo has successfully raised $25 million (approximately ₹209 crore) in a funding round led by Singapore-based Rigel Capital and Indonesia’s Sinar Mas. This investment will enable the company to scale its operations and enhance its presence across India.
Previous Funding and Growth Trajectory
Before this latest round, AdOnMo raised $7 million in a Series B round…
Zomato Ltd’s co-founder and Chief People Officer (CPO), Akriti Chopra, has resigned to pursue other interests, as announced in the company’s filing with the Bombay Stock Exchange (BSE) on September 27, 2024.
The company stated, “We would like to inform that Ms. Akriti Chopra, Co-Founder & Chief People Officer designated as Senior Management Personnel (SMP), has tendered her resignation…
