Zomato

Hyperpure, Zomato’s B2B vertical, introduces rapid delivery service

TFW Bureau Nov 28, 2024 - 1 min read

Zomato’s B2B supply arm Hyperpure has launched ‘Express’ delivery service. As per Hyperpure’s app, the express delivery service will be available from 8 AM to 4 PM. It will be offered alongside Hyperpure’s standard next-day delivery at INR 99 fee. The delivery time for the express service will be from 30 minutes to 4 hours, with ...

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CCI finds Zomato and Swiggy guilty for violating competition laws

TFW Bureau Nov 11, 2024 - 1 min read

    India's Competition Commission of India (CCI) has found food delivery giants Zomato and Swiggy guilty of violating competition laws, according to a report by Reuters. The investigation revealed that both companies allegedly engaged in practices favouring select restaurant partners, thereby limiting market competitiveness, according to documents cited in the report. The investigation reportedly ...

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Zomato Q2 Results: ₹176 crore profit for Sept quarter, revenue at ₹4,766 crore

TFW Bureau Oct 24, 2024 - 1 min read

Food delivery aggregator Zomato Ltd. has reported its September quarter results. The company reported a net profit for the fifth quarter in a row. Zomato reported a net profit of ₹176 crore for the July-September period. The figure though is lower compared to Jefferies' estimates of ₹245.3 crore. The company had reported a net profit ...

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Zomato-owned Blinkit to Establish Express Dark Stores for 30-Minute Delivery of High-Value Items

TFW Bureau Oct 21, 2024 - 1 min read

Blinkit, Zomato's quick commerce platform, is set to introduce a new category of high-value items, including jewelry, with a 30-minute delivery service starting next year. Supported by a network of "express dark stores," the initiative is expected to roll out by mid-FY26. This move aims to increase Blinkit's average order value (AOV) and intensify competition ...

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Zomato launches food expense management platform 'Zomato for Enterprise'

TFW Bureau Aug 29, 2024 - 1 min read

 The introduction of ZFE comes nearly a week after the company shut down its 'Intercity Legends' service. Legends offered iconic dishes from 10 cities to other parts of the country. The company had earlier put on hold the service and restarted it in July with a few tweaks. In a post on micro-blogging platform X, ...

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Blinkit targeting 2,000 dark stores by 2026: CEO Albinder Dhindsa

TFW Bureau Aug 02, 2024 - 2 min read

Online food delivery majorZomato-controlled Blinkit achieved impressive financial performance in the first quarter of the fiscal year 2025, as per reports. Blinkit’s revenue increased significantly by 22% quarter-on-quarter, reaching Rs 942 crore. Furthermore, the Gross Order Value (GOV) experienced substantial growth, rising by 130% year-on-year and 22% quarter-on-quarter to Rs 4,923 crore. Zomato had acquired Blinkit ...

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Food safety body inspects Blinkit warehouse in Telangana, finds violations

TFW Bureau Jun 08, 2024 - 1 min read

As per a recent post on social media ,The Commissioner of Food Safety, Telangana raided a warehouse of Zomato-owned Blinkit and found numerous health violations.  The inspection was conducted in a warehouse at Devar Yamjal, Medchal Malkajgiri District on June 5. The Commissioner of Food Safety, Telangana, shared the post on the social media platform ...

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Blinkit targets 1,000 store mark by FY25, triples revenue in Q4 FY24

TFW Bureau May 14, 2024 - 1 min read

Blinkit’s revenue from operations for the financial year that ended March31, 2024 stood at Rs 2,301 cr against Rs 806 cr in the last fiscal, as per the regulatory filing.Industry reports quote Albinder Dhindsa, the CEO of Blinkit, saying that store expansion is one of thekey vectors of growth for the brand.&quot;In addition to scaling ...

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