Zomato CEO Deepinder Goyal vehemently refuted claims of significant market share loss circulating online, labeling them as “utter nonsense.” The strong denial comes in the wake of a viral Reddit post that alleged a substantial decline in Zomato’s dominance in the Indian food delivery market. While the specifics of the Reddit post remain somewhat hazy, … Read more
Zomato, one of India’s leading online food delivery platforms, has witnessed a significant downturn in its share prices following the release of its third-quarter (Q3) financial results for the fiscal year 2024-25. The company’s performance fell short of market expectations, leading to a sharp decline in investor confidence. This negative sentiment has also impacted Swiggy, … Read more
In today’s fast-paced world, instant gratification is the name of the game. This is especially true in the food delivery sector, where companies are constantly vying to deliver meals to hungry customers faster than ever before. Leading the charge in this “quick-commerce” revolution are industry giants like Zomato, Swiggy, and Zepto, all of whom are … Read more
Mumbai, India (December 12, 2024): Deepinder Goyal, the charismatic CEO of Zomato, made a significant impact during his brief stint on Shark Tank India in its third season. 1 His sharp insights, candid advice, and strategic investments captivated audiences and left a lasting impression. Now, Sony LIV’s Danish Khan, the mastermind behind the show’s success, … Read more
Swiggy, India’s leading food delivery and quick commerce platform, has announced its financial results for the second quarter of the current fiscal year (Q2 FY25). The company reported a significant 30.3% quarter-on-quarter growth in its operating revenue, which surged to Rs 3,601 crore compared to Rs 2,763 crore in the same period last year. Key … Read more