In a draft red herring prospectus (DRHP) filed with the market regulator, Zomato said it aims to raise Rs 8,250 crore in capital by offering the company's equity shares for sale.
Foodtech platform Zomato on Wednesday rolled out a priority delivery feature for Covid-19 emergencies, including oxygen, Chief Executive Officer Deepinder Goyal announced on Twitter
The proposed investment comes at a time when rival food ordering platform Zomato is planning to go for an initial public offering (IPO) during the year
Zomato is also covering the medical expenses of the model-turned-makeup artiste who posted a video clip on social media platforms alleging an assault on her by the Zomato delivery executive.
The battle between Reliance and Amazon with the Future Group’s assets as the prize promises a nail-biting finish
The new valuation marks an increase from $3.9 billion valuation of Zomato in December.
The company which currently has 1,300 employees hired over 550 people last year and witnessed a three times business growth in the pandemic-hit year.
The app-based virtual number gives users the option of blocking all calls and also all messages sent to this number are stored in the app.
"It is a case of daylight robbery of e-commerce entities in India and, therefore, demands immediate action against the erring e-commerce portals and online mechanism providers," CAIT stated.
Lately, a large number of Hyderabadis have been making the switch to these healthy laddus made with the goodness of ghee and jaggery and without artificial colours and preservatives
"Zomato ranked at the bottom of 2020 Fairwork India scores. We knew we had things to work on, but we didn't know that there is so much room for improvement," Goyal said in a tweet.
According to the survey conducted by Market research company YouGov, a majority of urban Indians have downloaded their favourite QSR's app, and many claim their order frequency has increased since then.
The food delivery platform said that for restaurants to be able to tap into this growing demand, it is making takeaway service available for free to its restaurant partners.
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