July 14th, 2021Zomato's initial public offering was oversubscribed on an opening day with retail investors bidding for 2.7 times the number of shares reserved for them.
April 28th, 2021Food delivery company Zomato files for a $1.1 billion IPO and its initial investor Info Edge will gain $100 million in the initial public offering.
October 29th, 2018Food delivery company Swiggy saw a revenue surge in FY18, with operating revenues more than trebling to Rs 442 crore from Rs 133 crore last year. The company has been growing more and more with time and became a unicorn expanding its geographic footprint across the country.
Starting from seven cities in March 2017, Swiggy has expanded...
October 26th, 2018Online food delivery player Foodpanda has reportedly expanded its delivery network to 30 more cities in India which has further increased its existence to 50 cities across the country.
With this expansion, the company mentioned that its delivery network is now live in cities like Jodhpur, Kota, Udaipur, Amritsar, Ludhiana, Jalandhar,...
October 6th, 2018India’s food delivery sector is growing a lot these days. Restaurant discovery and food delivery firm Zomato recently claimed to have hit the 21 million monthly order run rate in India.
The company said that it saw its highest weekly order volume during the month of September touch 700,000 orders each day of the week. With this,...
