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Zomato Cfo Akshant Goyal

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  • Business

Unicorns Carve Profits In Funding Winter

'Given that the market is now demanding disciplined growth, well-run companies should be able to demonstrate profitability with the cash on hand.' Illustration: Dominic Xavier/Rediff.com  ......

Change in tack: Zomato's side ventures continue to outshine core business

As the industry-wide slowdown in food delivery business continues to affect Zomato's numbers, with the food aggregator's losses widening to Rs 346.6 crore in the third quarter of the fiscal year......

Zomato to stop grocery delivery service from Sep 17

Online food delivery platform Zomato has decided to stop its grocery delivery service from September 17 mainly on account of gaps in order fulfillment leading to poor customer experience, marking......

Zomato gets nod to buy 9.3% stake in Grofers

The Competition Commission has approved online food delivery platform Zomato's proposed purchase of 9.3 per cent stake in online grocery shopping player Grofers India. Zomato, last month, said it......

Zomato eyes grocery rollout, invests $100 mn in Grofers

Food ordering platform Zomato, whose Rs 9,375 crore IPO opens on July 14, is planning to launch a grocery section on its app soon, a senior company official said. The company recently invested USD......

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