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New year has got along a Fresh Round INR 110 Crore worth Funding for FreshMenu
Of the many pressing concerns in life, the one that bothers most of the busy, bored and always-on-the-run modern day youth is ‘Food’. Dulled by eating ‘ghar ka khaana’ everyday, the need to go online...
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Zomato Shuts Down Its Online Ordering Service In 4 Cities
Gurgaon based Zomato which launched its online food ordering business in April 2015, has announced it will be shutting down its online ordering service in Lucknow, Kochi, Indore, and Coimbatore on...
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Baidu’s attempt at entering Indian market, loops in Zomato, Bookmyshow and...
Baidu, Inc., incorporated on January 18, 2000, is a Chinese web services company headquartered at the Baidu Campus in Beijing’s Haidian District. Baidu offers many services, including a Chinese...
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Zomato Launches Table Reservation Service Zomato Book
Food ordering and delivery website Zomato, has partnered with hundreds of restaurants to enable millions of its users across multiple cities to book tables via the Zomato app and website, said the...
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10 Startup news really big this week [11 January – 17 January]
This week, the startup scene in India witnessed some big announcement from PM Modi at Startup India event like tax exemption and no inspection till 3 years, easy registration and exit policy. The event...
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Online Gadget Accessory Marketplace DailyObjects Raises funding
Online gadget accessory marketplace, DailyObjects has raised Rs 9 crore led by Ronnie Screwvala’s venture capital firm Unilazer Ventures, Lenskart founder Peyush Bansal and redBus founder Phanindra...
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Zomato on its way to double revenue this year, now worths $1 billion
Indian food-tech industry has seen frequent layoff and shutdown last year, So there may be reason to cheer when Zomato, the largest restaurant search and discovery service says it will be operationally...
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10 Startup news you need to know this week [25 January – 31 January]
This week, ZipGo has again run into trouble with the government. It has suspended its services in the city. MakeMyTrip net loss widens in Q3, revenue up 3.5%. So let’s look at some of the news which...
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Zomato chief product officer Tanmay Saksena quits
Tanmay Saksena, chief product officer of Zomato has quit the company. Zomato issued a statement, “Tanmay headed our online ordering until the end of October 2015. Since then, Zomato’s co-founder Pankaj...
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8 Startup news you need to know this week [08 February – 14 February]
This week, Mukesh Bansal, founder of Myntra, who was recently appointed as Head of Commerce Platform and chief business officer Ankit Nagori has resigned, and will be serving Flipkart for another three...
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Zomato enters into Sale of Cloud based PoS product for Restaurants called...
Zomato is entering into sale of Cloud based Point of Sale product for Restaurants called Zomato Base. This development is in a bid to boost revenues by means of new business verticals. The company has...
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How To Get Leadership Hiring Right At Startups
“Nearly all men can stand adversity, but if you want to test a man’s character, give him power.” – Abraham Lincoln No organisation can succeed without great leaders who inspire their people with their...
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Snapdeal collaborates with UrbanClap to offer personal services on its app
Online marketplace Snapdeal has now partnered with UrbanClap. Under the partnership, Snapdeal will offer 80+ personal and home services available on UrbanClap through Snapdeal android app. The...
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HSBC Securities and Capital Markets slashes the Valuation of Zomato by half...
HSBC’s brokerage arm HSBC Securities and Capital Markets has slashed the valuation of Zomato by half to $500 million. This information was made available in a note covering Zomato’s majority investor...
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Food delivery startup Swiggy raises $7 million
Bangalore-based Bundl Technologies Pvt Ltd, who runs and operates food ordering app Swiggy, has raised an additional $7 Mn (INR 47 Cr) from its existing investors Norwest Venture Partners, DST Global...
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Zomato’s losses for FY16 rises, even the parent Info Edge faces loss
Gurgaon based Zomato losses has reported a significant increase in its operating losses in the financial year through March 2016 and even pushed parent Info Edge (India) Ltd into losses. Pre-tax loss...
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Zomato rolls back operations from 9 countries in a cost cutting bid
Zomato is a restaurant search and discovery service founded in 2008 by Deepinder Goyal and Pankaj Chaddah. It currently operates in 23 countries, including India, Australia and the United States. It...
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Aramex invests in Grab.in and Logisure as part of its ‘Rapid Scaling-Up’...
Aramex, an international express, mail delivery and logistics services company has invested in Grab.in, a last mile mobile-based company and Logisure which is again into delivery to strengthen its...
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Zomato acquires logistics startup Sparse Labs
Restaurant search online portal Zomato has acquired Sparse Labs, a logistics technology startup.The term of deal is undisclosed . Sparse Labs specializes in helping restaurants track delivery drivers,...
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Zomato plans to raise fresh funding to expand its food delivery business and...
Zomato, seems to be getting back in shape with new products and business models. The company is now planning for investment in food delivery and other new businesses. After rolling back from 9...
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