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Zomato gets RBI approval to operate as 'online payment aggregator'

Zomato gets RBI approval to operate as 'online payment aggregator'

Thu, Jan 25, 2024

"We wish to inform that ZPPL has been granted a certificate of authorisation dated January 24, 2024, from the RBI to operate as an 'Online Payment Aggregator' in India with effect from January 24, 2024, as per the guidelines issued by the RBI," Zomato said in an exchange filing.

Zomato hits fresh 52-week high again; can you still join the party?

Zomato hits fresh 52-week high again; can you still join the party?

Fri, Jan 12, 2024

With that, the stock took its overall upmove to 6.6 per cent in four days, having scaled a series of 52-week highs this week.

Zomato to show muted business, stock performance this year, says HSBC; target raised

Zomato to show muted business, stock performance this year, says HSBC; target raised

Thu, Jan 11, 2024

Zomato posted a net profit of Rs 36 crore for the September quarter, driven by higher food delivery orders, as against a net loss of Rs 251 crore for the corresponding period a year ago.

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Zomato expands food delivery business to 213 cities across India

Zomato expands food delivery business to 213 cities across India

Mon, Apr 01, 2019

With the launch in 17 new cities, Zomato has expanded its online ordering and food delivery services to 213 cities in India, the online restaurant guide and food ordering firm said Monday.

Zomato introduces 100% tamper-proof packaging in 10 cities, plans to launch in 25 more by April

Zomato introduces 100% tamper-proof packaging in 10 cities, plans to launch in 25 more by April

Wed, Mar 20, 2019

During the first phase, this tamper-proof packaging is being implemented across 10 cities - Delhi NCR, Mumbai, Bengaluru, Hyderabad, Kolkata, Pune, Jaipur, Chandigarh, Nagpur and Vadodara.

Zomato to sell UAE food delivery biz for $172 mn

Zomato to sell UAE food delivery biz for $172 mn

Tue, Mar 05, 2019

Online restaurant guide and food ordering firm Zomato will sell its UAE food delivery business to Germany-headquartered Delivery Hero Group for about USD 172 million (nearly Rs 1,220 crore), one of the company's largest shareholders Info Edge said Monday.

Restaurant aggregators may be summoned over new FDI norms for e-commerce

Restaurant aggregators may be summoned over new FDI norms for e-commerce

Fri, Feb 22, 2019

The government is likely to summon online restaurant aggregators like Zomato, Swiggy and Foodpanda soon to discuss provisions relating to the revised FDI guidelines on e-commerce segment, said informed sources on Friday.

Zomato delists 5,000 restaurants in Feb for failing to meet hygiene standards

Zomato delists 5,000 restaurants in Feb for failing to meet hygiene standards

Fri, Feb 22, 2019

Online restaurant guide and food ordering firm Zomato Friday said it has delisted over 5,000 restaurants in February for non-compliance with the hygiene standards set by food regulator FSSAI.

Zomato to convert 40 pc of delivery fleet into power-assisted bikes in 2 years

Zomato to convert 40 pc of delivery fleet into power-assisted bikes in 2 years

Tue, Feb 12, 2019

Online restaurant guide and food ordering firm Zomato Monday said it is planning to convert 40 per cent of its delivery fleet into power-assisted bikes in two years.

Swiggy, Zomato, Uber Eats and Foodpanda row: This is what has happened now

Swiggy, Zomato, Uber Eats and Foodpanda row: This is what has happened now

Tue, Feb 12, 2019

With hundreds of restaurant owners sending a petition to theCCI alleging wrongdoings by food delivery companies, Zomato on Monday said it was discussing the matter with the involved restaurant partners to achieve an amicable solution which would benefit all the parties in the ecosystem.

Man ordered paneer masala from Zomato, his kids told him 'it hurts, too hard', because this is what they got

Man ordered paneer masala from Zomato, his kids told him 'it hurts, too hard', because this is what they got

Wed, Jan 23, 2019

Zomato is popping up in news for some time now for one reason or the other. In a recent incident, an Aurangabad resident reportedly got fibre instead of paneer in his food after ordering 'paneer' dishes from the restaurant discovery and food delivery platform, Zomato.

Zomato enters experiential events segment

Zomato enters experiential events segment

Thu, Dec 27, 2018

Online restaurant guide and food ordering firm Zomato Thursday said it has entered into experiential events segment with the launch of multi-city food and entertainment carnival, Zomaland.

Start-up India success: These start-ups got rich, valued over Rs 7000 crore in 2018

Start-up India success: These start-ups got rich, valued over Rs 7000 crore in 2018

Tue, Dec 25, 2018

The start-ups joining the select club for their valuation over $1 billion are Oyo Rooms, Zomato and Swiggy, Udaan, Byju`s, Paytm mall, Freshworks and Policybazaar.

WhatsApp is most-downloaded app in 2018; Check out top apps that caught users' fancy

WhatsApp is most-downloaded app in 2018; Check out top apps that caught users' fancy

Wed, Dec 19, 2018

With more than 779 million downloads between iOS and Android, WhatsApp is the most downloaded app of 2018 followed by casual game Helix Jump with more than 334 million installs.

Zomato promises strict measures against food tampering after viral video - What customers need to beware of

Zomato promises strict measures against food tampering after viral video - What customers need to beware of

Wed, Dec 12, 2018

Zomato now plans to introduce 'tamper-proof tapes' along with other measures, which it believes, can add an extra layer of safeguard against such recalcitrant behaviour.

Zomato takes to the skies, set to deliver your food by drones

Zomato takes to the skies, set to deliver your food by drones

Thu, Dec 06, 2018

Zomato Wednesday said it has acquired Lucknow-based startup TechEagle Innovations, for an undisclosed amount, to carve a path toward drone-based food delivery in India.

Domino's Pizza is a boon for McDonald's in India

Domino's Pizza is a boon for McDonald's in India

Thu, Nov 15, 2018

Domino’s moves pizza delivery in-house; McDonald's operator sees apps bringing more revenues

Diwali dhamaka! GrabOn sees 40% jump in customers using coupon redemptions in festive season

Diwali dhamaka! GrabOn sees 40% jump in customers using coupon redemptions in festive season

Sat, Nov 03, 2018

Hyderabad based online couponing company, GrabOn has helped online shoppers save on their Diwali expenses by providing the top offers, deals and discounts on products across segments like food, recharge, travel, electronics and more.

Zomato raises USD 210 mn from Alipay Singapore

Zomato raises USD 210 mn from Alipay Singapore

Sat, Oct 13, 2018

According to a regulatory filing by BSE-listed Info Edge (India) Friday, Zomato has signed a definitive agreement to undertake a primary fund raise of approximately USD 210 million from Alipay Singapore Holding Pte Ltd and/or any of its affiliates.

Love ordering food? Why this should send you over the moon

Love ordering food? Why this should send you over the moon

Tue, Oct 02, 2018

The food start-up sector is going through some dramatic shifts and turns. It is time to look beyond Zomato, Swiggy, UberEats and Foodpanda, which deliver food from partner restaurants and make news for their frequent acquisitions and humongous fundraising deals.

Food hygiene in India: From Ikea, Haldiram to Zomato, Swiggy, Foodpanda, UberEats and more

Food hygiene in India: From Ikea, Haldiram to Zomato, Swiggy, Foodpanda, UberEats and more

Fri, Sep 28, 2018

Recent cases where foreign objects – lizards to be precise – were present in vada served at outlets in Ambernath and Badlapur, two extended suburbs of Thane in Maharashtra, sent a shock wave across the food industry. What is more appalling is that these incidents happened within the space of a month at two different outlets at nearby locations. The complete disregard for following the basic safety and hygiene practices has surely frightened customers.

After Ola buys Foodpanda, Swiggy acquires Scootsy, smaller start-ups in India face big threats

After Ola buys Foodpanda, Swiggy acquires Scootsy, smaller start-ups in India face big threats

Mon, Sep 24, 2018

The last few months have been ripe with unicorns and big start-ups acquiring smaller rivals or ventures in allied sectors. Ride-hailing app Ola acquired food delivery start-up Foodpanda. Food delivery start-up Swiggy acquired on-demand delivery start-up Scootsy for $7.3 million.

Start-ups in food tech space: In hunger games, a new recipe being prepared

Start-ups in food tech space: In hunger games, a new recipe being prepared

Mon, Apr 23, 2018

Everyone is hungry for success. And more so, start-ups in the volatile food-tech space which has time and again witnessed major rounds of shutdowns. Even though food is regarded as being immune to unpredictable market conditions, the sector has been ridden with closures of notable names. f

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