Zomato Sees Massive Block Deal Amid Surge In Profits & Growth
On Tuesday, Zomato experienced a notable block deal involving 21 crore shares, which represents roughly 2.4% of the company’s total equity.
These Indian Startups Raise $202 Million, Growth Increases 100% From Last Week
In a significant development, Zepto, a quick grocery delivery platform, is preparing to raise nearly $650 million from both existing and new investors.
Zepto To Raise $650 Million, Valuation To Hit $3.5 Billion
Quick grocery delivery platform Zepto is on the verge of securing nearly $650 million in funding from both existing and new investors, according to sources.
Zomato After Infusing 300 Cr In Blinkit, Puts 100 Cr In Entertainment Arm
Zomato will invest Rs 100 crore in Zomato Entertainment, which focuses on organizing and selling tickets for concerts, parties, and festivals.
Blinkit permanently Closes Some Dark Stores Amid delivery workers’ Protests
Blinkit told the delievery executives that it will shut down some of the dark stores in Gurugram permanently
Blinkit Delivery Partners Continue Strike In Delhi-NCR
The Zomato-owned quick-commerce platform's service, Blinkit, has been impacted by a protest organised by delivery partners in the cities of Delhi, Noida, Gurugram, and Faridabad over changes to the compensation structure.
