Zomato's Rs 8,500 crore qualified institutional placement (QIP) is expected to pave the way for the company to gain control ...

It’s not just about delivery — the fundraise also positions Zomato to invest heavily in its District and going out platform ...

BENGALURU: A few years ago, when the concept of quick commerce, a business model where goods are delivered within 10 minutes ...

Around Rs 10,820 crore worth of kirana sales are expected to shift to quick commerce in 2024, a study has indicated, as ...

Walmart owned PhonePe has ventured into the quick commerce space with its Pincode app, offering 10-20 minute delivery ...

Food delivery aggregator Zomato has raised Rs 8,500 crore by selling equity shares to qualified institutional investors, ...

In this week's newsletter, read more about how Vora brothers kept SILA bootstrapped yet profitable all these years, Hitachi ...

Food delivery giant Zomato has successfully raised Rs 8,500 crore through a Qualified Institutional Placement (QIP) issue to ...

PhonePe-owned Pincode has ventured into the competitive quick commerce market, offering grocery and essential deliveries ...

Zomato believes it needs to enhance its cash balance given the competitive landscape, with rivals Swiggy and Zepto gearing up ...

The Fund Raising Committee of Zomato's board approved the allotment of 33,64,73,755 (33.65 crore) shares to eligible ...

The quick commerce market size is expected to reach $40 billion by 2030, a jump from $6.1 billion in 2024, according to a ...