In 2024, Indian startups demonstrated remarkable resilience and growth by collectively raising over $5.2 billion through 22 mega deals, surpassing the $4.2 billion raised in 2023. This significant increase highlights the growing investor confidence in India’s burgeoning startup ecosystem. 2024 For Food Delivery Giant Among the notable performers, food delivery giant Zomato and quick-commerce startup […]
Swiggy, an online food delivery company, was launched on August 1, 2014. Over the years, it has become a prominent player in the food delivery industry, serving millions of customers across India. However, despite its consistent efforts and improvements, Swiggy faces challenges in staying ahead in the competitive market. Swiggy Challenge According to HDFC Securities, […]
In a strategic move, Zomato has dissolved its Slovakian subsidiary effective 12 July, 2024. This decision underscores Zomato focus to concentrate its operations mainly in market of India. The dissolution follows the company’s announcement last September about beginning the liquidation process of its Slovakian operations. This article delves into the implications of this move and […]
Recently Zomato has announced launches of a new feature, that allows customers to delete their past orders from their order history. This innovative addition is set to enhance user experience, providing more privacy and control over personal data. Zomato’s New Feature Explained Earlier this week, Zomato announced the rollout of a new feature enabling users […]
Zomato recently seen a surge of 5X in its shares which take its stock price to unprecedented heights. This rise in Zomato shares price help it to attract a significant attention in the market. In this article, we will delve into the factors contributing to this surge and what it means for the company’s future. […]
Zomato ends its ‘Xtreme’ delivery service and relaunching the ‘Legends’ intercity food delivery. This strategic move aims to enhance customer satisfaction and streamline their operations. End of the ‘Xtreme’ Delivery Service The ‘Xtreme’ app, which was launched in October last year, has been removed from the Google Play Store. Users attempting to access the app […]