Zomato’s Blinkit launches Bistro app: How does it compare with Zepto Cafe? All we know about ’new growth frontier’
3 months, 1 week ago

Zomato’s Blinkit launches Bistro app: How does it compare with Zepto Cafe? All we know about ’new growth frontier’

Live Mint  

Zomato's Blinkit launches Bistro app: Food aggregator and delivery platform Zomato's grocery arm Blinkit has lauched its new food delivery app called Bistro. Available on Google Play Store and with plans for roll-out on Apple's iOS soon, the new app challenegs the lucrative quick food delivery space just as Zepto announced the separate launch of Zepto Cafe app. Next Growth Frontier According to a Moneycontrol report, Zepto Cafe drew 30,000 daily orders, and Swiggy said 5 per cent of all its orders came from Bolt. In interviews with the publication, both Zomato CEO Deepinder Goyal and Swiggy CEO Sriharsha Majety felt that the 10-minute food delivery business is the “next growth frontier”.

Food App Zepto Zomato Cafe Swiggy Play Store Blinkit Bistro Google Play Store Zepto Cafe  google  delivery  compare  app  bistro  growth  cafe  know  quick  frontier  blinkit  zepto  food  launches  play  store  does  zomatos

History of this topic

Zomato Nugget launch: AI customer support platform for businesses to automate operations
1 month ago

Zomato Nugget launch: AI customer support platform for businesses to automate operations

The Hindu  

Zomato has announced an AI-powered customer support platform called Nugget to help businesses automate their operations. The AI customer support platform is able to resolve up to 80% queries autonomously, can learn and adapt in real-time and doesn’t require users to know coding as it’s a no-code platform. Goyal claimed that Nugget is already handling more than 15 million interactions …

From Gondal's Coconut Culture to Hubli's Lucky Hotel, small-town eateries tap technology as food delivery soars
Trending News
1 month, 2 weeks ago

From Gondal's Coconut Culture to Hubli's Lucky Hotel, small-town eateries tap technology as food delivery soars

Live Mint  

Bengaluru: Folks in India's small towns are increasingly ordering in and dining out, mimicking their counterparts in metros and other large cities, where delivery giants such as Zomato and Swiggy have dramatically altered consumption patterns. As food and grocery delivery giants make deeper inroads across the country, eateries and restaurants in small towns like Gujarat's Gondal and Karnataka's Hubli are …

Undeterred by 57% profit decline, Zomato to accelerate Blinkit expansion
2 months ago

Undeterred by 57% profit decline, Zomato to accelerate Blinkit expansion

Live Mint  

Zomato Ltd will continue to floor the accelerator on its Blinkit expansion, burning cash to reach 2,000 dark stores a year ahead of target even as the quick-commerce business plunged its third-quarter profit. The higher capex is also the key reason behind the quarterly increase in depreciation,” said Albinder Dhindsa, chief executive of Blinkit, adding that the quick-commerce business will …

Zomato stock down 21% from 52-week high amid market pessimism: Should you buy, sell, or hold to build sizable positions?
2 months ago

Zomato stock down 21% from 52-week high amid market pessimism: Should you buy, sell, or hold to build sizable positions?

Live Mint  

Zomato stock check: The stock price of leading food delivery app Zomato is currently trading 21 per cent below its 52-week high mark of ₹304.50 amid the current pessimism in the Indian stock market over persistent foreign capital outflows and stretched valuations. Zomato's stock faces investor concerns about accelerated investments in Blinkit’s supply chain and rising competitive pressures in quick …

Blinkit launches Bistro, 10-minute food delivery app in Gurugram as Pilot Programme
2 months, 1 week ago

Blinkit launches Bistro, 10-minute food delivery app in Gurugram as Pilot Programme

The Hindu  

Quick commerce platform Blinkit has officially launched Bistro, their new standalone 10-minute food delivery app. Co-founder and CEO Albinder Dhindsa announced the news on X saying Bistro will be offering “high quality, canteen type food, delivered hot” in 10 minutes.” He believes the platform could bring in more customers into the “outside of home” food consumption segment. Bistro will now …

Blinkit now offers laptops, monitors, and printers, CEO Albinder Dhindsa announces
2 months, 1 week ago

Blinkit now offers laptops, monitors, and printers, CEO Albinder Dhindsa announces

Hindustan Times  

Blinkit is now including larger electronic devices like laptops, monitors, and printers to its catalogue of products that can be delivered in around 10 minutes. “We're expanding our electronics range to cover more use cases and have partnered up with leading brands in this category,” the quick commerce giant's CEO CEO Albinder Dhindsa announced in a post on X on …

Blinkit to deliver laptops, monitors within 10 minutes
Trending News
2 months, 1 week ago

Blinkit to deliver laptops, monitors within 10 minutes

The Hindu  

Quick commerce platform Blinkit has added electronic items like laptops, monitors and printers to its 10-minute delivery. We’re expanding our electronics range to cover more use cases and have partnered up with leading brands in this category,” CEO Albinder Dhindsa tweeted on X. Dhindsa added that the laptops will be from HP, monitors from Lenovo, Zebronics and MSI and the …

NRAI opposes private-label food delivery by Swiggy, Zomato; to take legal action against food delivery giants
2 months, 1 week ago

NRAI opposes private-label food delivery by Swiggy, Zomato; to take legal action against food delivery giants

Live Mint  

The National Restaurant Association of India has opposed the "private labelling" by e-commerce platforms Zomato and Swiggy as they try to enter quick commerce food delivery through separate apps. NRAI said food delivery platforms, with their new platforms such as Blinkit Bistro and Swiggy Snacc, which deliver private-label food, will monopolise the market and violate marketplace neutrality, according to NRAI. …

Blinkit launches Bistro app for 10-minute food delivery
2 months, 1 week ago

Blinkit launches Bistro app for 10-minute food delivery

India Today  

In a bid to redefine fast food delivery, Blinkit has launched its new venture, Bistro, aimed at offering high-quality, canteen-style food delivered to your doorstep in just 10 minutes. On 10 January, Blinkit CEO Albinder Dhandsa wrote on X, “Introducing Bistro - Blinkit’s new 10-minute food offering. This service is currently live across a few locations in Gurugram to help …

Zomato’s losing steam and the Blinkit drag
Trending News
2 months, 1 week ago

Zomato’s losing steam and the Blinkit drag

Live Mint  

Zomato has been a poster child of startup success. For perspective, Zomato’s food-delivery business turned profitable as early as the second quarter of FY23, but owing to the drag by Blinkit, Zomato as a whole turned profitable only in FY24. Food delivery: From strength to strength Even as Blinkit grows as a share of Zomato’s business, food-delivery has remained the …

Is Zomato's dream stock market run over?
2 months, 1 week ago

Is Zomato's dream stock market run over?

India Today  

Shares of Zomato fell over 5% in early trade on Tuesday, extending its weak market run after a period of strong gains. The brokerage also reduced its target price for the food delivery giant by 18% to Rs 275, down from Rs 335, reflecting concerns over intensified competition in the quick commerce segment. Jefferies cited heightened competition from Swiggy’s Instamart, …

Zepto Cafe to get separate app, 100 new cafés a month, reveals Aadit Palicha; what’s brewing in 10-min delivery space?
3 months, 1 week ago

Zepto Cafe to get separate app, 100 new cafés a month, reveals Aadit Palicha; what’s brewing in 10-min delivery space?

Live Mint  

Aadit Palicha, co-founder of Zepto, announced via Twitter that the company is set to launch a dedicated app for Zepto Café next week. According to Palicha's tweet, the company is now opening over 100 new Cafés each month and handling more than 30,000 daily orders. Defending the quick commerce model Palicha strongly refuted claims that quick commerce disrupts traditional kirana …

Zomato shares up 131% this year: Should you buy multibagger stock?
3 months, 3 weeks 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
4 months 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 …

India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show
4 months, 1 week ago

India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show

Live Mint  

An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents show. Exclusivity arrangements between Swiggy, Zomato and their respective restaurant partners "prevent the market from becoming more competitive," the CCI's investigation arm noted in its findings reviewed by Reuters on Friday. …

Zomato Surges 8% After JPMorgan Hikes Target Price; Check Details
6 months, 2 weeks ago

Zomato Surges 8% After JPMorgan Hikes Target Price; Check Details

News 18  

Shares of food delivery platform Zomato surged 8 per cent to Rs 261.50 on the BSE in Thursday’s intra-day trade amid heavy volumes in an otherwise lacklustre market. For Blinkit, the company’s quick commerce arm, revenues surged 145 per cent year-on-year to Rs 942 crore, though adjusted EBITDA for the same period stood at Rs -3 crore. The gross order …

Blinkit expands quick commerce offerings with new categories, services
7 months, 1 week ago

Blinkit expands quick commerce offerings with new categories, services

New Indian Express  

BENGALURU: Zomato’s quick commerce platform Blinkit, which has been diversifying its offerings, will continue to invest in newer categories. In the past six quarters, Blinkit has launched products in electronics, beauty & make-up, pet care, and toys & games. Albinder Dhindsa, founder and CEO, Blinkit, in a post on X announced ‘LEGO sets are available on blinkit!’ “We have been …

Zomato stock price up 112% in 2024; should investors buy now?
7 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
7 months, 2 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 …

Quick Commerce Boom! Zepto, Swiggy, Instamart, and Blinkit Redefine Retail Trends | Paisa Live
7 months, 3 weeks ago

Quick Commerce Boom! Zepto, Swiggy, Instamart, and Blinkit Redefine Retail Trends | Paisa Live

ABP News  

With the rapid increase in internet usage, the Quick Commerce sector has witnessed substantial growth, significantly altering consumer buying behavior. Apps such as Zepto, Swiggy, Instamart, and Blinkit have become integral to this shift, providing swift access to everyday necessities and reshaping how Indians shop. These quick commerce platforms have led to a notable change in purchasing patterns, with consumers …

Zomato soups in new controversy as it retracts from ₹1.6 cr salary job offer
1 year, 3 months ago

Zomato soups in new controversy as it retracts from ₹1.6 cr salary job offer

Live Mint  

Online food delivery platform Zomato is once again facing the ire of the netizens as on the student of Indian Institute of Technology Delhi took to social to say how the online firm has gone back on its words regarding the placement. Hrithik Talwar, who is a research intern in IIT-Delhi wote on X “Zomato came to the campus, offered …

Zomato Q2 Result: Net profit at ₹36 crore, revenue rises 72%, stock surges 7%
1 year, 4 months 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 share price: Brokerages bullish on stock, upgrades estimates for FY24
1 year, 9 months ago

Zomato share price: Brokerages bullish on stock, upgrades estimates for FY24

Live Mint  

Zomato's last quarter of FY23 was sweeter with profitability in the food delivery business improving, hypercure continuing on a steady growth, alongside a meaningful reduction in losses of Blinkit business. Read here: Zomato’s consolidated loss narrows in Q4; eyes profitability in next four quarters Zomato's performance was primarily driven by the company’s food delivery segment, which delivered an adjusted Ebitda …

Blinkit not working? Here are other grocery delivery apps you can use
1 year, 11 months ago

Blinkit not working? Here are other grocery delivery apps you can use

India Today  

Blinkit, the grocery delivery app owned by Zomato, is currently experiencing functionality issues for numerous users in the Delhi NCR region. In 2017, Dunzo received funding from Google, which helped the company to grow and become one of the most promising grocery delivery apps in India. Jio Mart Jio Mart is another reliable grocery shopping app that can get you …

Seeing ‘temporarily unavailable’ message on Blinkit? The reason could be…
1 year, 11 months ago

Seeing ‘temporarily unavailable’ message on Blinkit? The reason could be…

Hindustan Times  

Food delivery firm Zomato's grocery unit, Blinkit has become ‘temporarily unavailable’ after 50 of its stores were closed in different parts of Delhi-NCR. Formerly known as Grofers, Blinkit was acquired by food delivery app Zomato for ₹ 4,447 crore. According to the revised pay structure of Blinkit, its delivery executives would receive a minimum fee of ₹15 per delivery, instead …

Zomato hopeful of turning profitable within one year
2 years, 6 months ago

Zomato hopeful of turning profitable within one year

Live Mint  

Zomato is likely to turn profitable within a year, the company’s management said at its first annual general meeting post-listing on Tuesday. Akshant Goyal, chief financial officer, Zomato told shareholders: “At the company level we should break even in six months to a year…without Blinkit which will take a bit longer,” Moneycontrol report said quoting Goyal. With the $1.6 billion …

Decoding Zomato’s Blinkit Acquisition To Take On The Big Boys In The Quick-Delivery Market
2 years, 8 months ago

Decoding Zomato’s Blinkit Acquisition To Take On The Big Boys In The Quick-Delivery Market

ABP News  

Mumbai: Zomato Ltd, an Indian food-delivery service, has agreed to buy local grocery-delivery start-up Blinkit for Rs 4,447 crore in an all-stock deal, as competition in the quick-delivery market heats up. Deepinder Goyal, founder, and chief executive of Zomato, believes that quick commerce has been the company’s strategic priority since last year when it first invested in Blinkit. Zomato’s capacity …

Zomato to acquire grocery delivery platform Blinkit for ₹4,447 Cr
2 years, 8 months ago

Zomato to acquire grocery delivery platform Blinkit for ₹4,447 Cr

Hindustan Times  

Zomato, the popular online food delivery platform is going to acquire online grocery delivery firm Blinkit, news agency Bloomberg reported on Friday. > Blinkit - known for quick deliveries of groceries and essentials - is owned & managed by ‘Blink Commerce Private Limited’ which was formerly known as Grofers India Private Limited. Grofers essentially rebranded itself as ‘Blinkit’ as its …

Zomato to acquire Blinkit for ₹4,447 crore in all-stock deal
2 years, 8 months ago

Zomato to acquire Blinkit for ₹4,447 crore in all-stock deal

Live Mint  

Food delivery platform Zomato has agreed to acquire instant grocery startup Blinkit for ₹4,447 crore in an all-stock deal, as it seeks to exploit a fast-growing market for quick grocery delivery. Japan’s SoftBank, the biggest shareholder in Blinkit with a 46% stake, will get around 3.2% stake in Zomato as part of the transaction, as per VCCircle estimates. Other investors …

Zomato to Swiggy: In Internet’s Winner Takes All Model, We End up as Losers
2 years, 11 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, 11 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, 11 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 …

What does the merger with Blinkit mean for Zomato and its shareholders?
2 years, 11 months ago

What does the merger with Blinkit mean for Zomato and its shareholders?

Business Standard  

Less than a year after investing $100 million in Blinkit for a 9.3% stake, Zomato is reportedly in talks to merge with the online grocery company in an all-stock deal. Blinkit shareholders will get a 10% stake in Zomato A Business Standard report said that Blinkit would be valued at around $750-800 million dollars, which is much lower than the …

Zomato vs Swiggy: How Blinkit merger deal adds a new chapter in growing rivalry
3 years ago

Zomato vs Swiggy: How Blinkit merger deal adds a new chapter in growing rivalry

India Today  

A new chapter has been added to the growing corporate rivalry between online food-delivery platforms Zomato and Swiggy. ZOMATO-BLINKIT DEAL Zomato said in a statement that it would loan as much as $150 million to Blinkit for the start-up's near-term capital needs. Earlier this year, Zomato said it would invest as much as $400 million in the Indian quick commerce …

Zomato nears all-stock takeover for Blinkit
3 years ago

Zomato nears all-stock takeover for Blinkit

Hindustan Times  

India’s online food delivery platform Zomato Ltd. is nearing an all-stock deal to take over instant grocery delivery service Blinkit, according to people familiar with the matter. Zomato The companies are at an advanced stage discussing the deal structure, said the people, who asked not to be identified as the information is private. The proposed takeover would come soon after …

Know How Blinkit Aims To Push 10-Minute Grocery Delivery Amid Competition
3 years, 3 months ago

Know How Blinkit Aims To Push 10-Minute Grocery Delivery Amid Competition

ABP News  

Bengaluru: Betting on the 10-minute instant delivery of grocery, e-commerce company Grofers’ Founder and Chief Executive Officer Albinder Dhindsa announced rebranding of the platform as Blinkit on Monday. In a move to push its quick commerce offering across Indian cities, the company has partnered with local store owners and following a ‘dark store strategy’ dedicated towards online e-commerce deliveries. Blinkit …

Zomato to stop grocery delivery service from September 17
3 years, 6 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 acquires Uber Eats for Rs 2,485 crore
5 years, 1 month ago

Zomato acquires Uber Eats for Rs 2,485 crore

Op India  

The Indian restaurant aggregator Zomato on 21 January, announced it’s acquisition of Uber Eats, the food delivery app of Uber, the US-based ride-hailing giant. Uber Eats India tweeted a goodbye note stating that it will be taking a different route after its acquisition by Zomato and will not be longer available with immediate effect. Zomato has acquired Uber Eats in …

Zomato acquires Uber Eats in an all-stock deal; to get around 10% shares in Gurgaon-based food delivery platform
5 years, 1 month ago

Zomato acquires Uber Eats in an all-stock deal; to get around 10% shares in Gurgaon-based food delivery platform

Firstpost  

Despite arriving in the Indian market in 2017, Uber Eats has not made enough inroads in the online food delivery segment Uber Eats, the food delivery business run by Uber has been acquired by Zomato, the online food delivery and restaurant discovery platform in all-stock deal, according to news reports. Uber Eats in India will discontinue operations and direct restaurants, …

Ant Financial-led funding boost may put Zomato back in the saddle in race with Swiggy
5 years, 5 months ago

Ant Financial-led funding boost may put Zomato back in the saddle in race with Swiggy

Live Mint  

Online food ordering and discovery platform Zomato could not have earned its fat cheque at a more opportune time. Just like e-commerce or ride hailing apps, food delivery is a two-player game now,” said Harish H.V., managing partner, ECube, an environmental, social and governance fund. The largest-ever fundraise by Zomato comes at a time when the Gurugram-headquartered firm, along with …

Now order food through Paytm, Zomato announces new partnership
6 years, 2 months ago

Now order food through Paytm, Zomato announces new partnership

Live Mint  

New Delhi: Foodtech startup Zomato today announced a partnership with Paytm allowing its customers to order online food directly from the digital payments app. With this partnership, Zomato users can now browse restaurants listed on Zomato on the Paytm app and order food instantly. This will allow us to reach a much larger user base and add to the overall …

Zomato acquires Lucknow-based TechEagle to start delivering food through drones
6 years, 3 months ago

Zomato acquires Lucknow-based TechEagle to start delivering food through drones

Firstpost  

With an aim to deliver food via drones in India, online ordering app Zomato on Wednesday announced it has acquired a Lucknow-based startup TechEagle Innovations that works exclusively on drones, for an undisclosed sum. “We are currently at the early stage of aerial innovations and are taking baby steps towards building a tomorrow wherein users can expect a drone to …

Swiggy, Zomato plan to raise fresh funds as investor appetite grows
6 years, 11 months ago

Swiggy, Zomato plan to raise fresh funds as investor appetite grows

Live Mint  

Bengaluru/New Delhi: Less than two months after raising funds, both Swiggy and Zomato are in talks to raise more money, as investors queue up to back online food delivery start-ups, three people familiar with the matter said. Swiggy and Zomato are in talks with at least three new investors each to raise more capital, the people said. In the same …

Zomato’s revenue doubled to Rs399 crore in 2016-17, losses fell
6 years, 11 months ago

Zomato’s revenue doubled to Rs399 crore in 2016-17, losses fell

Live Mint  

Bengaluru: Revenues at Zomato Media Pvt. Ltd doubled to Rs399 crore in the year ended 31 March 2017, even as the restaurant discovery and online food delivery start-up reduced its losses. Net loss at Zomato fell to Rs389 crore in the year ended 31 March 2017 from Rs590 crore in the previous year, according to its financial statements available with …

Zomato working on two new initiatives in bid to increase revenue and profitability
8 years, 4 months ago

Zomato working on two new initiatives in bid to increase revenue and profitability

Live Mint  

New Delhi: Zomato Media Pvt. Ltd is working on two new initiatives—Zomato Red and Zomato Infrastructure Services—to boost revenue and profitability as part of its plan to turn around the company. Zomato, which generated net revenue of $4 million in October, is expected to reach annual sales of $50-60 million by March 2017, largely on the back of strong online …

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