To compete with Swiggy, Zomato plans to start its own delivery operations

Zomato, one of the key stakeholders in Indian online food-tech space, is planning to launch its own delivery service. Zomato is evaluating the option of fulfilling deliveries on its own for a small set of restaurants, said its largest investor Info

How an ethical hacker accessed Zomato’s 17 million accounts

In a company blog post signed off by the founder himself clarifies why and how the Ethical hacker accessed the Zomato’s 17 million accounts. Statement from Zomato CEO on why the hack happened and how he controlled it: A part

Zomato assures hacker will destroy data of 17 million users.

Online food aggregator Zomato has contacted hackers to destroy the 17 million-stolen information and taking a host of security steps to prevent reoccurrence of such security breach, the company said. On Thursday, Zomato’s site was hacked, and email addresses and

Food delivery app Zomato hacked, data from 17 million user accounts stolen

Online restaurant guide and food ordering service Zomato on Thursday said about 17 million user records have been stolen from its database. The stolen information contains user email addresses and ‘hashed’ passwords but no payment information or credit card data

Zomato & UberEats in talks to acquire Runnr

Food-technology start-up Zomato and UberEats are in talks with  food delivery startup Runnr for a potential acquisition. With the acquisation both the startups willing to strenthen its roots in Foodstartup market. According to ET reports Both UberEATS and Zomato have given

Zomato hits out at the HSBC Report; Says Investors Back Company’s Valuation

Hitting back at HSBC analysts for marking down its valuation by half at $500 million, online restaurant guide and food ordering firm Zomato on Monday said the investors have backed the current valuation. In a mail to the company’s 2,100

Zomato valuation slashed by 50% – Now valued at $500 million

Zomato Media Pvt Ltd has now been valued at $500 million by HSBC Securities & Capital Markets (India) Pvt Ltd, about half the valuation at which the restaurant search firm raised its last round of funding in September. HSBC has

Online food platform Zomato turns profitable in India and 5 more countries

Indian restaurant search and food delivery service Zomato said on Monday it had broken even in key markets including India and is on track to make a profit as early as June next year. The result comes as Zomato seeks

Role of government that of catalyst, companies need to do hard work: Zomato CEO Deepinder Goyal

Emphasising that the role of the government is mainly to act as a catalyst and provide a conducive enabling environment, online restaurant guide and food ordering firm Zomato today said it is for companies to do the hard work to

Baidu to invest in Indian start-ups, in talks with Zomato, Bookmyshow, BigBasket

Baidu is in talks to invest in Indian e-commerce start-ups including Zomato, BookMyShow and BigBasket, a spokesman for China’s top online search provider said on Wednesday. “The Indian market represents an enormous opportunity for us to connect more people with

Zomato shuts down food ordering service in 4 cities

Restaurant discovery and food ordering app, Zomato is shutting down its ordering service in Lucknow, Kochi, Indore and Coimbatore on account of small market size in these cities. However, the company said there would be no job cuts due to the

Zomato Apologies & discontinues advertising on porn sites

Zomato CEO Deepinder Goyal in a blog said that the marketing campaign crossed the fine line between marketing irreverence and cultural insensitivity. He apologised to users who may have been offended by the company’s advertising stunt. “Some folks got offended

Zomato advertising on Porn Sites? – Yes Its True

Zomato has taken online advertising to another level. And while it may seem erotic, the treat at the end of the click promises to be a lip smacking delight. Yes, the food search-and-delivery giant has begun advertising on porn sites

Well done Paytm, Ola & Zomato – for helping Chennai floods victims

The city is witnessing the heaviest downpour in over 100 years. For the first time since 1878, the newspaper The Hindu did not put out a print edition on Wednesday as workers could not access the press.  The Army has been deployed

Zomato has been blacklisted and barred from the IIT placements this year

Zomato has been blacklisted and barred from the Indian Institutes of Technology (IIT) placements this year. A decision to this effect was taken recently by the All-IITs Placement Committee (AIPC), multiple sources at top engineering colleges privy to the decision

Zomato announce fresh infusion of $60 Mn, led by Temasek Holdings, and existing investors Vy Capital.

Restaurant search and discovery platform Zomato has raised $60 million in a fresh round of funding from Singapore government-owned investment company Temasek, along with existing investor Vy Capital. The company said that it will use the investment to further grow

Zomato launches Whitelabel app, platform to empower digital presence for restaurants

Zomato have been in the business of connecting people with great restaurants and dining experiences around them for the past seven years. Today, they’re taking that a step further with the launch of Zomato Whitelabel, a platform that enables restaurants to

Zomato partners with Delhivery, Pickingo, and Grab India for home delivery

Restaurant search and discovery app Zomato on Tuesday said it has entered the last-mile delivery business with Zomato Order by enabling restaurants across India to deliver food to a customer’s home. In couple of tweets Zomato Founder & CEO , Deepinder

Namita Gupta chief product officer quits from Zomato

Namita Gupta, Zomato’s chief product officer has quit, a company spokeswoman confirmed this to ETtech on Friday. // Gupta, a mother of two kids who headed Facebook’s Global Games Partner Engineering in the Bay Area until last year, joined Zomato

Zomato reports Rs 136 Cr EBITDA loss for 2014-15 with Rs 96.7 Cr revenue

Zomato has reported an EBIDTA loss of Rs 136 crore for the 12 month period ended 31st March 2015 (FY15), up 228.6% year on year from Rs 41.39 crore loss reported in FY14. The online restaurant guide, and now food

Restaurants Serving Gang Rape in Delhi NCR as per Zomato

Do you ever think that a company like Zomato can be too poor in handling its pages that it is showing this in google search ” gang rapes in delhi ncr  ” ( Below we used zomato as well in search to

Zomato launches a separate app- “Zomato Order” for food delivery

Zomato, restaurant search and discovery app has launched a separate app Zomato Order.After weeks of building, intensive testing, and rebuilding, Zomato’s online ordering service – Zomato Order – is finally good to go. This signals Zomato second significant add-on feature, following

Uber Ties Up With Zomato To Provide Cab Rides When Dining Out.

Uber and Zomato are joining hands to make your dining out experience even better and more smooth than ever before. In fact, it’s never been easier. The partnership allows customers on Zomato to book a cab to the restaurant where they plan

Zomato acquires NexTable, Aggressively Expanding With New Strategies in Restaurant Business.

Restaurant search app Zomato has acquired NexTable, an online table reservation platform based in Charlotte, North Carolina for an undisclosed sum. NexTable is to soon be renamed Zomato Book. Deepinder Goyal, CEO of Zomato had tweeted about the acquisition. This

Zomato Updated App Allows You Order Online

Zomato, the online restaurant discovery platform with presence in over 22 countries, has started to offer its own food delivery service, starting from Delhi NCR. The service is expected to expand to Mumbai and Bangalore soon. Zomato has been promising to

Zomato Buys Data Firm Maple Graph & Launches as “Zomato Base”

Zomato, among India’s biggest internet companies, has acquired data firm MaplePOS to expand beyond restaurant reviews, into online table reservations and payment, a top executive said on Tuesday. Online restaurant guide Zomato on Tuesday announced the acquisition of MaplePOS, a

Zomato raises Rs 311 crore from it existing investors

Restaurant & food Industry startup Zomato has raised $50 million (Rs 311 crore) from existing investors in a round of funding. “This round is to be used for immediate investments,” said a top company executive. “A bigger round is in the

clevertap
CleverTap Raises $26 million from Sequoia, Tiger Global and Accel

CleverTap Funding Highlights: This Series B round of $26 million is led by existing investor Sequoia Capital with participation from Accel & Tiger Global Management. CleverTap will use the latest funds towards product innovation, expansion of its team globally and

Why Customer Experience Should be Priority For Every Startup

“Running a startup in today’s competitive world must be difficult, how do you manage?” If I had a nickel for everytime someone has said something like this to me, I would be swimming in coins, Uncle Scrooge style. It’s an

Why Co-Working is the First Choice for Millennials – Interview with Sudeep Singh [GoWork]

Currently, around 50 percent of the total Indian workforce is millennials. Typical co-working spaces have a high concentration of start-ups, which barring a few exceptions are all-millennial enterprises. Co-working spaces support the flexible lifestyle of millennials offering cost-effective and flexible

Why It’s The Right Time For Indian Startups To Tap The International Market

Gone are the days when the Indian startups confined themselves to India, toiling their time and resources in replicating the Silicon Valley startup culture. It’s not merely about the imitation anymore. Instead, it’s about venturing into the Silicon Valley and

BookMyShow acquires restaurant discovery & food delivery platform Burrp

Mumbai-based online ticketing platform BookMyShow has acquired Mumbai-based restaurant discovery platform Burrp, another Network18-owned firm. The Network18 divestment has been made to Foodfesta Wellcare, a subsidiary of BigTree Entertainment which owns and operates BookMyShow. The deal is a pittance compared

Uber expands UberEATS to Delhi-NCR.

Uber today announced the expansion of its ‘UberEATS’ service in the Delhi-NCR region as it attempts to bite into the food delivery market currently dominated by the likes of FoodPanda, Swiggy, and Zomato. UberEATS will be available in Gurugram initially

HyperTrack secures $7 million from Nexus Venture, Founders Fund

Delhi-based HyperTrack has raised$7 million in Series A round of funding led by Nexus Venture Partners and Founders Fund. With the funding, Naren Gupta of Nexus Venture Partners has joined HyperTrack board which already has Ashish Gupta, co-founder of Helion Venture

Noida based SquadRun raises $2.1 million

Noida based startup SquadRun Inc has raised $2.1 million in a fresh round of funding led by early-stage investor Blume Ventures, as per reported by Mint reports on Wednesday. SquadRun was started in June 2014 by Apurv Agrawal, Kanika Jain

Swiggy in talks with Naspers, Fosun to raise $50 million

Food delivery  Startup Swiggy is in talks with South African media company Naspers Ltd and Chinese conglomerate Fosun International Ltd to raise to raise $50 million in fresh funding. Existing investors are likely to participate in current funding round according to Mint newspaper.

IITs Stand 4th in the Global list for Producing Unicorn Founders

Indian Institute of Technologies Stand 4th in the Global list for Producing Unicorn Founders a report by Sage, a U.K-based accounting software firm said this week. IIT Stands at 4th position with 12 Founders. According to the report, 12 out of

Cracking the Startup Puzzle in India – Cashflow or Growth

As India accelerates in entrepreneurship today, there are plenty of startups rising in the country including a number of promising and innovative ones. In fact, India is the fastest growing and the third largest startup eco-system in the world. This

Oyo launches “Oyo for Business”, a platform for Corporate Travellers

Oyo launches “Oyo for Business”, a self-serve platform for business travellers on its mobile app and website. It offers rooms to cater to the needs of corporate travellers. Amenities include air-conditioned rooms equipped with flat-screen television, free Wi-Fi, complimentary breakfast and 24×7

Tu Beer Hai – Startup Bubble is Bursting

QUESTION: Do you believe that #Startup Bubble is going to burst?#Survey#Poll#blogger — Khalid Raza (@khalidraza9) May 26, 2016 It was my friend’s cute chubby daughter’s birthday party, almost one year ago and our group of friends, after dinner, were discussing

Indian start-up story – Why are most start-ups feeling the heat? What’s next for them?

I think it is well documented now that the Great Indian Start-up journey is going through a bumpy ride at the moment. Is it the end of the ‘Gold Rush’? A lot of people have been talking about the doomsday

Facebook has launched its ambitious service ‘Facebook At Work’ in India

Social networking giant Facebook has launched its ambitious service ‘Facebook At Work’ in India. The company is highly promoting ‘Facebook At Work’ among Indian enterprises and has announced to soon start testing the app with more companies in the country.

This is How Devaluation of startups will Impact Startup Ecosystem in India

IT’s a question in mind of many young entrepreneurs that what went wrong with Indian Unicorns that their valuation is going down? Recently Zomato has now been valued at $500 million by HSBC Securities & Capital Markets (India) Pvt Ltd, about half

Mobikwik raises $50 Mn funding led by Japan’s GMO-PG & Taiwanese Mediatek

MobiKwik, India’s one of largest independent mobile payments company has raised about $50 million funds led by Japan’s GMO Payment Gateway and Taiwanese fabless semiconductor company MediaTek. The investment is being made jointly with major US venture capital firm Sequoia

Fashion-focused social network Roposo.Com secures $5 Mn funding from Bertelsmann India Investments

Gurgaon-based startup Fashion-focused social network, Roposo.Com has raised USD 5 million (about Rs 33.2 crore) funding from Bertelsmann India Investments (BII). With this, Roposo has closed the series B funding, raising a total of USD 15 million in this round.

How Clicktable problem-solving approach aims to ease concerns of hospitality industry

Over the years the restaurant industry has redefined food, ambience, service and delivery standards by creating unique experiences from uber cool to ultra-sophisticated. But there is one area where restaurants still struggle to match up to their reputation and that

9 Indian Unicorns – Everything you need to know about

Unicorns are venture-backed private companies valued at $1 billion or more. India has its own billion-dollar startup club; the Indian Unicorn club which have now 9 startups. [easy-tweet tweet=”VC Backed Indian Companies which are valued over $1Billion” user=”@bizztor_” hashtags=”#startups”] Companies which are valued

Housing partners Uber to allow home buyers book cabs for site visits

Realty portal Housing has signed a strategic alliance with cab hailing app Uber* to allow home buyers to book cabs for site visits. The feature is available on Housing.com’s Android and iOS app in cities where both the companies are

Meet 17 New Age successful Indian Entrepreneurs who are just brilliant

Let’s take a look at 17 of these inspiring young Indian Entrepreneurs who are changing the game for their generation and taking Indian Entrepreneurship to the next level. These New age young entrepreneurs had proved themselves with their out of box

Significant traction in startup investments in 2015: Grant Thornton

Investment momentum in startups has witnessed a rapid rise in the last five years and in 2015, over 600 companies got funded with more than $2 billion being deployed by PE and VC funds. According to assurance, tax and advisory