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Flower Aura takes sweet indulgence to next level, now offering cakes on Zomato and Swiggy
Flower Aura has launched its assortment of cakes on Swiggy and Zomato.The collaboration between Flower Aura and these platforms aims to enhance accessibility for...
Zomato and Swiggy innovate solutions to lure price-conscious users amid growth challenges
Zomato and Swiggy, prominent online food delivery platforms, are actively pursuing creative approaches to allure cost-conscious consumers at the lower end of the economic...
Zomato experiences stock boost following high-value block deal
Zomato, the foodtech industry leader, saw a slight uptick in its stock during the initial trading hours this Friday, propelled by a substantial block...
Dheeraj Nagpal joins Zingavita as Co-Founder, fueling innovation and growth in India’s retail health sector
Zingavita, a prominent player in India's retail health sector, has appointed Dheeraj Nagpal as Co-Founder, signaling a strategic move to enhance its product innovation,...
Alipay exits Zomato with INR 3,336.7 Cr stake sale; Morgan Stanley, Birla Mutual Fund among key buyers in block deals
Alipay, the Chinese payments group, divested its complete 3.44% share in the prominent food tech company Zomato through various block deals on Wednesday, amounting...
Zomato stocks rally over 4%, market cap surpasses INR 1 Lakh Cr amidst block deal buzz
The stocks of the foodtech giant Zomato experienced a notable rally, climbing over 4% to reach the day's peak at INR 119 on the...
Alipay to sell its entire 3.44% stake in Zomato in a block deal worth $400 Million
Chinese payments group Alipay is reportedly planning to divest its entire 3.44% stake in the foodtech major Zomato through block deals, with an approximate...
Online grocery market in India takes a hit as consumer preferences shift to local markets
The online grocery market in India, propelled by quick-commerce platforms and experiencing a surge since the COVID-induced lockdown in 2020, is now showing signs...
Zomato and Swiggy to engage with tax authorities over INR 1,000 Crore GST notices on delivery fees
Zomato and Swiggy intend to engage with goods and services tax authorities to clarify their stance following the issuance of notices demanding taxation on...
Zomato stocks take a hit as tax notices over non-payment of GST rattle investors
Zomato’s shares opened flat on Thursday, as reports emerged about tax notices being served to food delivery aggregators Zomato and Swiggy over non-payment.As of...
Zomato and Swiggy grapple with INR 1,000 Cr GST notices as tax authorities include delivery charges in revenue assessment
Zomato and Swiggy, the prominent players in the food delivery industry, are facing fresh tax challenges. According to reports, both companies have been served...
SoftBank to reduce stake in Swiggy as food delivery platform gears up for $1 Billion IPO
Swiggy, the leading food delivery platform, is gearing up for its stock market debut around mid-2024. Touted as the most substantial initial public offering...