Gupta is credited with building the food delivery operations from scratch and was the segment's chief executive before being elevated to co-founder in May 2020.
An Australian writer studied the 'outside-inside' binary in Indian food for 25 years and identified a big shift—food delivery apps, and the supermarket and cafe boom.
Zomato clarified that ad featuring Hrithik Roshan had a reference to Mahakal restaurant, one of its 'high-order-volume restaurant partners' in Ujjain, and not the 'revered Shree Mahakaleshwar Temple'.
Gig workers deliver meals on bicycles in scorching heat not out of climate consciousness, but because they can't afford a motorcycle. And Zomato doesn't provide vehicles.
Analysis of 6 major tech IPO launches of 2021 — Zomato, Paytm, Nykaa, Fino Payments Bank, Policy Bazaar and CarTrade Tech — shows investor euphoria could be fading.
Shares of the food-delivery platform tumbled 8.4% in Mumbai trading Tuesday on top of a 6.6% drop Monday. The two-day fall to Rs 60.3 put shares 21% below the IPO price.
Aggregators are accused of monopolising market and imposing their own price terms on partner restaurants. Complaint in CCI was filed by restaurant-owners' body.
Until now, units operating even in recognised industrial areas needed a separate factory licence. The move is expected to especially give a boost to small and medium enterprises.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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