Zomato believes it needs to enhance its cash balance given the competitive landscape, with rivals Swiggy and Zepto gearing up ...
The quick commerce market size is expected to reach $40 billion by 2030, a jump from $6.1 billion in 2024, according to a ...
Motilal Oswal was the largest investor with its family of funds picking up 20.81% of the shares issued. ICICI Prudential’s ...
Zomato plans to channel a significant portion of the funds-Rs 2,137 crore-towards expanding its quick commerce unit, Blinkit.
The company's board, in a meeting held on November 29, approved the issue and allotment of 336,473,755 equity shares at an ...
Flipkart is expanding its quick commerce operations under the brand 'Minutes,' piloting in Bengaluru, Mumbai, and Delhi NCR to meet rising demand for faster deliveries. Competing with platforms like ...
Zomato had launched its Qualified Institutional Placement (QIP) issue on 25 November, which closed on 28 November ...
Zomato raises Rs 8,500 crore through QIP, led by domestic investors like Motilal Oswal and ICICI Prudential, to fuel ...
By the end of FY25, Zepto also plans to run more than 700 dark stores, and Swiggy Instamart wants to increase the number of ...
Indian food delivery app Zomato has raised $1 billion from institutional investors, completing its first major fundraise ...