Zomato to sell food at unbeaten price to cut cancelled-orders wastage
Trending News
1 month, 1 week ago

Zomato to sell food at unbeaten price to cut cancelled-orders wastage

India Today  

A cancelled order could be your next meal and that, too, at a discount. The food delivery app Zomato has launched 'Food Rescue', an initiative which helps in turning food that will be wasted due to its cancellation into a pocket-friendly meal. This initiative has been launched by Zomato to tackle the problem of food wastage, wherein around 4 lakh orders are cancelled each month despite no-refund policies, states Zomato. Even Swiggy received 3.8 lakh cancellations every month and, that amounted to around 7 lakh kilograms of food wastage, which was enough to feed 3,000 people for a year, according to a Change Started report. This is a welcome initiative, as Zomato adds, despite their no refund on cancellation policy, around 4 lakh orders still get cancelled each month.

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History of this topic

Bengaluru techie’s experience of ordering food through Zomato on train: ‘I’m taking revenge’
3 weeks, 4 days ago

Bengaluru techie’s experience of ordering food through Zomato on train: ‘I’m taking revenge’

Hindustan Times  

A Bengaluru-based techie has shared his experience of ordering food via Zomato while travelling on a train. Sunny Gupta ordered food from Zomato while travelling on a train Ordering food on train He documented his experience of ordering Triple Schezwan rice to be delivered to his train in an X thread that has gone viral on the social media site. …

Zomato shares up 131% this year: Should you buy multibagger stock?
3 weeks, 5 days ago

Zomato shares up 131% this year: Should you buy multibagger stock?

India Today  

Food delivery giant Zomato’s shares surged over 131% on a year-to-date basis, delivering multibagger returns to investors. Zomato plans to invest Rs 2,100 crore in Blinkit’s capex over FY2026-28, including the development of dark stores and warehousing capabilities. The brokerage noted that Zomato’s food delivery business continues to grow, with a 24% year-on-year increase in power customers to 34 lakh …

Zomato eyes 30 per cent annual growth in food delivery business in next 5 years: Report
1 month ago

Zomato eyes 30 per cent annual growth in food delivery business in next 5 years: Report

India TV News  

Zomato, an Indian food delivery major reportedly expects its key meal delivery business to grow at an annual rate of 30 per cent over the next 5 years, a top executive stated, hailing the listing of SoftBank-backed peer Swiggy as a boost for the sector. It was on Monday when Rakesh Ranjan, Zomato's food delivery CEO said, "The food delivery …

Zomato CEO Deepinder Goyal offers job to X user after impressive feedback on 'food rescue' feature
Trending News
1 month, 1 week ago

Zomato CEO Deepinder Goyal offers job to X user after impressive feedback on 'food rescue' feature

India TV News  

Deepinder Goyal, the CEO of Zomato, caught the attention of many after reaching out to one of the talented social media users who made constructive criticism about the company’s recently introduced “Food Rescue” feature. This feature lets users get food wastage and instead, allows them to buy food that would otherwise go to waste in cancelled orders sold at a …

Bengaluru man’s suggestion on Zomato’s ‘Food Rescue’ feature impresses CEO Deepinder Goyal; here’s what happens next
Trending News
1 month, 1 week ago

Bengaluru man’s suggestion on Zomato’s ‘Food Rescue’ feature impresses CEO Deepinder Goyal; here’s what happens next

Live Mint  

Zomato on Sunday introduced a new feature to reduce food wastage, facilitating ‘unbeatable’ prices for customers keen to purchase discarded items. A Bengaluru man's comment on this attracted the attention of Zomato CEO Deepinder Goyal, who was so impressed with the recommendations that he asked the man to apply for a job. Commenting on Deepinder Goyal's post, the user wrote, …

Deepinder Goyal asks Bengaluru man to apply for job after reading his suggestions for Zomato
1 month, 1 week ago

Deepinder Goyal asks Bengaluru man to apply for job after reading his suggestions for Zomato

Hindustan Times  

Zomato recently announced a new feature that will allow users to buy cancelled food orders at a discounted price. A Bengaluru man’s suggestions to fine-tune the feature impressed Zomato CEO Deepinder Goyal so much that he asked the man to apply for a job. Zomato CEO’s post In his X post, Zomato CEO Deepinder Goyal said that “more than 4 …

Zomato's new 'Food Rescue' feature saves meals, cuts waste – how does it work?
1 month, 1 week ago

Zomato's new 'Food Rescue' feature saves meals, cuts waste – how does it work?

India Today  

Zomato has introduced a new feature, 'Food Rescue,' allowing nearby users to purchase recently cancelled orders at a reduced rate. Zomato’s new ‘Food Rescue’ feature saves meals, cuts waste – how does it work? Cancelled orders will now pop up for nearby customers, who can grab them at an unbeatable price, in their original untampered packaging, and receive them in …

Bengaluru man's 4 suggestions for Zomato get him a job offer from Deepinder Goyal
Top News
1 month, 1 week ago

Bengaluru man's 4 suggestions for Zomato get him a job offer from Deepinder Goyal

India Today  

Zomato CEO Deepinder Goyal offered a job to a Bengaluru-based man after he shared four thoughtful suggestions following the launch of their new "Food Rescue" feature. As several social media users shared their thoughts and opinions after Goyal announced the feature in a post on X, Bhanu listed four suggestions for Zomato in order to prevent the misuse of Food …

Zomato to resell cancelled orders at 'unbeatable prices', here is what CEO Deepinder Goyal said
Trending News
1 month, 1 week ago

Zomato to resell cancelled orders at 'unbeatable prices', here is what CEO Deepinder Goyal said

India TV News  

The famous food delivery app Zomato has come up with a new feature to resell the orders cancelled by customers. Complany CEO Deepinder Goyal made the announcement calling the feature a 'food rescue.' Inspite of stringent policies, and a no-refund policy for cancellations, more than 4 lakh perfectly good orders get cancelled on Zomato, for various reasons by customers. " …

Zomato introduces new ‘food rescue’ feature to avoid wastage, Deepinder Goyal says ‘cancelled orders will now…’
Top News
1 month, 1 week ago

Zomato introduces new ‘food rescue’ feature to avoid wastage, Deepinder Goyal says ‘cancelled orders will now…’

Live Mint  

Zomato introduced a new feature on Sunday to cut down on food wastage — with customers offered ‘unbeatable’ prices to snag the discarded items. CEO Deepinder Goyal said the company saw around 4 lakh orders being cancelled every month — with such orders now popping up for customers within a 3 km radius of the delivery partner. In spite of …

Zomato launches new feature to tackle food waste due to cancelled orders
Trending News
1 month, 1 week ago

Zomato launches new feature to tackle food waste due to cancelled orders

Hindustan Times  

Food delivery firm Zomato on Sunday launched a new “food rescue” feature to tackle with food waste arising out of cancelled orders. Now, customers living near restaurants will be able to purchase cancelled food orders at “unbeatable prices”, announced the company's CEO Deepinder Goyal. The CEO said that customers cancel more than 4 lakh “perfectly good orders” on a daily …

Zomato launches 'food rescue' feature to offer cancelled orders at discounted prices
Top News
1 month, 1 week ago

Zomato launches 'food rescue' feature to offer cancelled orders at discounted prices

New Indian Express  

According to Goyal, the cancelled order will pop up on the app for customers within a 3 km radius of the delivery partner carrying the order. “Orders containing items sensitive to distances or temperature, such as ice creams, shakes, smoothies, and certain perishable items, will not be eligible for Food Rescue,” he said. Restaurant partners will receive compensation for the …

Zomato expands its train food delivery service across 100 stations
3 months, 1 week ago

Zomato expands its train food delivery service across 100 stations

The Hindu  

Zomato has expanded its train food delivery service to 100 railway stations across 88 cities in the country. Working in association with the Indian Railway Catering and Tourism Corporation, the online food delivery platform claims to have served 10 lakh orders in trains till date. Under the ‘Zomato - Food Delivery in Train’, it delivers vegetarian and non-vegetarian items. We …

Zomato stock price up 112% in 2024; should investors buy now?
4 months, 2 weeks ago

Zomato stock price up 112% in 2024; should investors buy now?

Live Mint  

Global brokerage firm Nomura has increased its target price for Zomato to ₹280 from ₹225 while maintaining a ‘buy’ recommendation. Q1 Earnings Zomato’s consolidated net profit for Q1FY25 skyrocketed to ₹253 crore, up from ₹2 crore a year ago, driven by increased gross order value across its food delivery, quick commerce, and going-out verticals. Investment Rationale Food Delivery Growth: Nomura …

Zomato Q1 Result: Food Delivery Platform's Net Profit Surges To Rs 253 Crore
4 months, 3 weeks ago

Zomato Q1 Result: Food Delivery Platform's Net Profit Surges To Rs 253 Crore

ABP News  

Zomato Q1 Result: Food delivery platform Zomato announced a beyond-expected rise in quarterly profit, driven by robust demand for its food and grocery delivery services. On Thursday, the company reported a consolidated net profit surged to Rs 253 crore for the April-June quarter of the fiscal year 2024-25, up from Rs 2 crore in the same period last year. The …

Soon, you may be able to get your Zomato delivery faster if you pay extra
7 months, 4 weeks ago

Soon, you may be able to get your Zomato delivery faster if you pay extra

Hindustan Times  

Zomato is trying out a new feature using which you can pay extra to get your food delivered faster. Even customers having Zomato Gold, who are offered extra discounts and offers, must pay this fee. It offers next-day meal delivery from a few locations but ran into issues when its pre-stocked goods delivery mechanism was altered and is also currently …

Zomato gets tax demand order of Rs 23.26 crore, online food delivery platform to appeal against it
8 months, 3 weeks ago

Zomato gets tax demand order of Rs 23.26 crore, online food delivery platform to appeal against it

India TV News  

Zomato on Sunday stated that it has been issued a tax demand, along with interest and penalty, amounting to Rs 23.26 crore by the Assistant Commissioner of Commercial Taxes in Karnataka. Zomato's regulatory filing In a regulatory filing to the BSE, the company said it has "received an order for FY 2018-19 pursuant to the audit of GST returns and …

Zomato customer flags unavailability of chicken. Food delivery platform replies
11 months ago

Zomato customer flags unavailability of chicken. Food delivery platform replies

Hindustan Times  

Zomato on Monday responded to a customer's complaint on X regarding the unavailability of chicken for food delivery, saying that they have ‘disabled delivery of non-veg items’ in certain states in accordance with government instructions. Speculating about the reason, the user added, "“tbh it could be because of supply of meat not being available today v/s anything decision by zomato.” …

Zomato aims for EV deliveries, plastic-free orders
11 months ago

Zomato aims for EV deliveries, plastic-free orders

Live Mint  

Zomato on Wednesday announced goals for 2030, to protect and ensure, "sustainable growth of the platform economy and all its stakeholders". The food aggregator's sustainability goals have been crafted around eight themes, such as ‘climate-conscious deliveries’, a ''waste-free world', ‘zero hunger’, ‘customer centricity’, ‘governance’, ‘inclusive growth’, ‘health, safety’, and ‘diversity and equity’. Anjalli Ravi Kumar, Chief Sustainability Officer, Zomato, said, …

Zomato Q2 Result: Net profit at ₹36 crore, revenue rises 72%, stock surges 7%
1 year, 1 month ago

Zomato Q2 Result: Net profit at ₹36 crore, revenue rises 72%, stock surges 7%

Hindustan Times  

Online food delivery platform Zomato on Friday reported a consolidated profit after tax of ₹36 crore for the second quarter ended September 2023, driven by strong revenue growth. Food delivery company Zomato as seen on its app The company had reported a loss of ₹251 crore for the corresponding quarter of the previous financial year. The company also announced that …

Zomato rolls out food trends platform for restaurant partners
1 year, 5 months ago

Zomato rolls out food trends platform for restaurant partners

Live Mint  

New Delhi: Food delivery platform Zomato on Friday announced the rollout of ‘Zomato Food Trends’ a data platform that will now be publicly available to restaurant partners. Zomato Food Trends, an open platform accessible to all free of charge, will provide insights by analyzing data from millions of transactions across hundreds of cities in India. The rollout comes after restaurants …

Why Zomato will not be affected by popularity of food delivery app ONDC?
1 year, 7 months ago

Why Zomato will not be affected by popularity of food delivery app ONDC?

Live Mint  

There is a lot of noise related to the recent entrant the Open Network for Digital Commerce application in the e-commerce industry. From price wars, and intensifying competitions to overtaking biggies like Zomato and Swiggy in the food delivery business, ONDC is seen as the new golden fish in the market. Although ONDC was founded on December 31, 2021, it …

Missing home-cooked food? ‘Zomato Everyday’ is here for you
1 year, 10 months ago

Missing home-cooked food? ‘Zomato Everyday’ is here for you

Hindustan Times  

For those staying away from home and missing home-cooked meals, Zomato has launched a service called ‘Zomato Everyday.’ With this, the food delivery company says it will deliver ‘fresh home-style meals crafted with real home-chefs at affordable prices.’ Representational Image On Wednesday, co-founder and CEO Deepinder Goyal took to Twitter to introduce Zomato Everyday. With menus designed by real home …

Zomato exits 225 cities, reports losses of Rs 346 crore: All details here
1 year, 10 months ago

Zomato exits 225 cities, reports losses of Rs 346 crore: All details here

India Today  

Zomato, during its quarter three financial earnings report, noted that the food delivery tech company's losses have widened further. The company's decision to pull out of 225 small cities comes at a time when it is planning to hire people for around 800 roles. Zomato will no longer be available in 225 small cities The company, in its financial earnings …

Zomato is hiring, founder is looking for people who can work 24 hours with no work-life balance
1 year, 10 months ago

Zomato is hiring, founder is looking for people who can work 24 hours with no work-life balance

India Today  

After firing nearly 3 per cent of its workforce, online food delivery is hiring for various positions. Zomato founder Deepinder Goyal recently revealed in his LinkedIn post that the company is hiring for around 800 positions, but what caught attention was one of the job requirements. For one of the posts, the Zomato founder noted the candidate should forget work …

Zomato customer flags scary Cash-on-Delivery scam, CEO says he is aware and working to fix
1 year, 11 months ago

Zomato customer flags scary Cash-on-Delivery scam, CEO says he is aware and working to fix

India Today  

Food tech company Zomato might have a scam plaguing its day-to-day operations. Zomato’s food delivery scam The man, named Vinay Sati, shared that he had ordered some burgers from a restaurant and had paid for the same online. The Zomato user then, instead of paying the company, can straightaway pay the delivery person a small sum of Rs 200 or …

Food delivery firms see revenue bouncing back
1 year, 11 months ago

Food delivery firms see revenue bouncing back

Deccan Chronicle  

Chennai: Food delivery businesses bounced back in financial year 2021-22 in terms of revenues. After a decline of 24 per cent in FY21, Zomato’s gross revenue grew over two times to ₹4,192 crore during the fiscal year ending March 2022. Swiggy, whose business also dipped 27 per cent in financial year 2020-21, managed to grow 2.2 times to ₹5,705 crore …

Zomato reveals top trends of 2022; customer orders food worth ₹28 lakh
1 year, 11 months ago

Zomato reveals top trends of 2022; customer orders food worth ₹28 lakh

Live Mint  

The year of 2022 is about to end. The food-delivery service’s annual report suggested that a customer from Delhi placed more than 3000 food orders in 2022 which were almost nine orders per day. Interestingly, the company has also revealed that a man from Pune ordered food worth ₹28 lakh. Zomato revealed that a loyal customer from Pune has spent …

Delhi man placed 3330 food orders through Zomato app in 2022, around 9 orders every single day
1 year, 11 months ago

Delhi man placed 3330 food orders through Zomato app in 2022, around 9 orders every single day

India Today  

After Swiggy, Zomato has released its yearly report of 2022 on its app. Not only that, the list has also revealed the name of Zomato's top customer, who has apparently placed 3,330 food orders through the app this year. Ankur, a resident of Delhi, has reportedly placed 3,330 orders in 2022 using the food delivery app- Zomato. Statistics revealed that …

Zomato lays off under three per cent of its workforce: Report
2 years, 1 month ago

Zomato lays off under three per cent of its workforce: Report

Hindustan Times  

Food aggregator platform Zomato has confirmed that it will lay off around three per cent of its workforce across various departments in the organisation. A company spokesperson told Hindustan Times' business website Livemint that the company witnessed a regular performance-based churn of under three per cent of the workforce. On November 10, the food delivery platform had reported narrowing of …

Zomato rolls out phone number to report rash driving by its delivery partners
2 years, 1 month ago

Zomato rolls out phone number to report rash driving by its delivery partners

Live Mint  

Deepinder Goyal, founder of online food delivery platform Zomato said on Wednesday that Zomato has started rolling out delivery bags with "hotline phone number" to report rash driving by its delivery partners. In August at the company's annual general meeting, Deepinder Goyal had said that Zomato would put a phone number on the bags of its delivery partners for people …

Zomato to focus on Hyperpure, expects it to be larger than food business
2 years, 3 months ago

Zomato to focus on Hyperpure, expects it to be larger than food business

Live Mint  

Online food delivery firm Zomato has decided to narrow its focus on three key areas of food ordering and delivery; supplies to restaurants through 'Hyperpure' and quick commerce, Kaushik Dutta, chairman of the company's board of directors, told shareholders on Tuesday. Subsequently, he said Zomato would narrow its focus to three crucial areas – food ordering and delivery; Hyperpure and …

Zomato edges past Swiggy in India’s food delivery market, finds report
2 years, 3 months ago

Zomato edges past Swiggy in India’s food delivery market, finds report

Firstpost  

Zomato’s acquisition of Blinkit has helped it close the gap with Swiggy and race ahead of it in terms of market share Food delivery platform Zomato is edging ahead of its competitor Swiggy, as per a report by brokerage firm Bernstein India. However, that has started to change with Zomato expanding share to around 55 per cent in food delivery,” …

Zomato vs Swiggy vs Ola: Race hots up for 10-minute delivery
2 years, 8 months ago

Zomato vs Swiggy vs Ola: Race hots up for 10-minute delivery

India Today  

The Indian quick-commerce sector may witness a multi-cornered contest for 10-minute delivery or faster food delivery among Zomato, Swiggy, and Ola. After receiving criticism, Zomato in a statement said the 10-minute delivery would be for specific nearby locations, popular and standardised menu items only. Zomato Instant food items can be dispatched within 2 minutes, the online food delivery platform stated. …

Swiggy, Zomato face outage across India: Here's what happened
2 years, 8 months ago

Swiggy, Zomato face outage across India: Here's what happened

India TV News  

As per the current search, we have witnessed that Zomato and Swiggy, two prominent food delivery apps have been running down for users across the country. But since the apps were down, social media already got flooded with a number of complaints from the users who were unable to place orders and could not browse the menus. Image Source : …

Zomato to Swiggy: In Internet’s Winner Takes All Model, We End up as Losers
2 years, 8 months ago

Zomato to Swiggy: In Internet’s Winner Takes All Model, We End up as Losers

News 18  

The internet model of a single winner that controls everything from supply chains to payment systems is creating fragile, monopolistic ecosystems that can potentially harm society. Investors in delivery firms also follow the WTA model that has resulted in consolidation – only one strong player will stand, not multiple players. The Zomato-Blinkit Case Study Even the latest acquisition of Blinkit …

Zomato announces 10-minute food delivery service. Internet is divided
2 years, 9 months ago

Zomato announces 10-minute food delivery service. Internet is divided

India Today  

Zomato has announced a 10-minute food delivery service for all foodies. Food quality 10/10 Delivery partner safety 10/10 Delivery time 10 minutes Here’s how Zomato Instant will achieve the impossible while ensuring delivery partner safety https://t.co/oKs3UylPHh pic.twitter.com/JYCNFgMRQz — Deepinder Goyal March 21, 2022 However, Twitter did not seem to be satisfied with the explanation. — Seema Jay March 21, 2022 …

Zomato to start 10-minute food deliveries, says founder Deepinder Goyal
2 years, 9 months ago

Zomato to start 10-minute food deliveries, says founder Deepinder Goyal

Live Mint  

As quick services catch up with food aggregator platforms, Ant Group-backed Zomato Ltd plans to deliver food in 10-minutes, the company’s founder Deepinder Goyal said in a blogpost on Monday. “After becoming a frequent customer of Blinkit, I started feeling that the 30-minute average delivery time by Zomato is too slow, and will soon have to become obsolete. And here …

Zomato Announces ‘Instant’ Food Delivery In Ten Minutes, Coming Soon To Major Cities
2 years, 9 months ago

Zomato Announces ‘Instant’ Food Delivery In Ten Minutes, Coming Soon To Major Cities

News 18  

Food delivery giant Zomato has announced its 10-minute delivery service called Instant which will be piloted in Gurgaon from next month. Goyal felt that a 30-minute average delivery by his service is too slow, and that is why Zomato is bringing its 10-minute food delivery offering called Zomato Instant. Food quality – 10/10Delivery partner safety – 10/10Delivery time – 10 …

Zomato to deliver food in 10 minutes, says ‘30-minute delivery is too slow’
2 years, 9 months ago

Zomato to deliver food in 10 minutes, says ‘30-minute delivery is too slow’

Live Mint  

Zomato founder and CEO Deepinder Goyal on Monday announced that its platform will deliver food in 10 minutes soon, without compromising on food quality and delivery partner safety. Zomato said the instant delivery will be without compromises and is based on eight principles, which include highest quality of fresh food and world class hygiene practices among others. "Each of our …

Swiggy, Zomato to collect 5% GST from customers starting 1 Jan, 2021; here's how much you will have to pay
3 years, 3 months ago

Swiggy, Zomato to collect 5% GST from customers starting 1 Jan, 2021; here's how much you will have to pay

Firstpost  

Nirmala Sitharaman made the announcement after the GST Council meeting, which has made the decision for ease in tax administration. Food delivery apps like Swiggy and Zomato will collect five percent Goods and Services Tax from consumers instead of the restaurant they pick up orders from, starting 1 January 2022. Sitharaman said that the customer would be “the point on …

Zomato to Shut its Grocery Delivery Service this Week, Says 'Current Model is not Best'
3 years, 3 months ago

Zomato to Shut its Grocery Delivery Service this Week, Says 'Current Model is not Best'

News 18  

Zomato, the food delivery giant and restaurant aggregation platform, recently announced that it has stopped its grocery delivery services. Hence, we intend to stop our pilot grocery delivery service effective 17 September, 2021,” the email read, according to PTI. Zomato said that its investment in grocery start-up, Grofers, would generate better results than the efforts in its in-house grocery delivery …

Zomato to stop grocery delivery service from September 17
3 years, 3 months ago

Zomato to stop grocery delivery service from September 17

The Hindu  

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. Hence, we intend to stop our pilot grocery delivery service effective 17 September, 2021". Earlier Zoamto had said that it had invested USD 100 million for acquiring a minority stake in …

Zomato IPO: What the food tech says about growth, sustainability and competition
3 years, 5 months ago

Zomato IPO: What the food tech says about growth, sustainability and competition

Live Mint  

BENGALURU: The much-anticipated domestic public offer of food tech major, Zomato, is here, with the opening of the three-day share sale for retail investors on Wednesday. “Amazon has been in the food delivery space in India for a year now and we haven’t seen any impact on their or our market share. And we believe there is still a large …

Zomato Now Lets You Mark Food Orders As COVID Emergencies But You Must Promise To Not Misuse It
3 years, 8 months ago

Zomato Now Lets You Mark Food Orders As COVID Emergencies But You Must Promise To Not Misuse It

News 18  

Food delivery and restaurant aggregator Zomato has rolled out a new feature for the Zomato app for your Apple iPhone and Android phone, which now allows users to mark food orders as a COVID-19 emergency. This would allow Zomato to prioritize these orders in the queue and also assign the quickest possible delivery by assigning who they call the ‘fastest …

Zomato, Swiggy to stop delivering food in Mumbai after 8 pm
3 years, 8 months ago

Zomato, Swiggy to stop delivering food in Mumbai after 8 pm

India Today  

In view of a surge in COVID cases, food-hailing giants Swiggy and Zomato have announced that they will stop delivering food after 8pm in Maharashtra. Users in Maharashtra have received in-app notifications from Swiggy and Zomato, asking them to order food before 8 pm. The government order read, “Take-away orders, parcels, and home delivery services will only be allowed between …

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