Tag: Zomato

New Delhi, May 09, 2025.Zomato, India's food ordering and delivery platform, in collaboration with Startup India, Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, concluded the second edition of the Zomato Plastic-Free Future Packathon, held at Bharat Mandapam in New Delhi. The event brought together key stakeholders such as Shri Sanjiv, Joint Secretary, Startup India, DPIIT, 35+ startups, ~50 restaurant partners and investors to discover and celebrate sustainable packaging solutions by startups, for the delivery and dine-in industry.The Packathon event recognized winners from the top 10 ready-to-scale and prototype-stage startups that presented their innovations aimed at reducing plastic waste. The winners were chosen from a pool of 128 applica...

New Delhi, January 21, 2025.Food delivery and quick commerce major Zomato reported a 57.24 per cent year-on-year (YoY) decline in the profit after tax (PAT) at Rs 59 crore for the third quarter ended December 2024 as against Rs 138 crore in the same period a year ago, primarily due to the ongoing store expansion.It had reported a net profit of Rs 176 crore in the September quarter.Zomato’s revenue from operations rose 64 percent YoY to Rs 5,405 crore in Q3, up from Rs 3,288 crore a year ago. It had reported a revenue of Rs 4,799 crore in the previous quarter.

New Delhi, November 29, 2024.Food delivery aggregator Zomato on Friday said it has raised Rs 8,500 crore by selling equity shares to qualified institutional investors to fund its growth objectives.Zomato CEO Deepinder Goyal had earlier shared that the proposed fundraise is meant to strengthen its balance sheet