WebZomato (/zoʊˈmætɔː/) is an Indian multinational restaurant aggregator and food delivery company, ... On 29 June 2024, the firm acquired a 9.3% stake in Grofers for nearly US$120 million. On 24 June 2024, Zomato acquired Blinkit (formerly Grofers) for US$568 million in an all-stock deal. WebJun 29, 2024 · E-grocer Grofers has signed a deal with Zomato and Tiger Global to raise $120 million, sources have told us. We were the first to report on May 7 that Zomato was …
Zomato Business Model - How Does Zomato Work & Make …
WebAug 16, 2024 · Jai Vardhan. August 16, 2024. Exclusive. A day after getting a green signal from the Competition Commission of India, Zomato has invested Rs 741.2 crore or $100 million in Grofers. The investment would also mark a re-entry of the Gurugram-based foodtech company into grocery selling. And the entry of Grofers into the bulging Unicorn … WebSep 12, 2024 · Grofers, in which Zomato has a 10 percent stake, also promises grocery delivery in 10 minutes. Related stories Gogoro, Zomato, Kotak Mahindra Prime join hands to accelerate adoption of EVs by ... reddit scp pataphysics
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WebMay 18, 2024 · Zomato is based on the QAAA model, i.e. it promises and offers its customers and partners quality, accessibility, affordability and range. The values of Zomato are given below, making Zomato unique and admirable: Improving The Quality Of Food: Zomato is fully involved in maintaining a neutral platform. WebJul 14, 2024 · Zomato's year-on-year revenue fell by 24% to ₹ 1,994 crore in fiscal year 2024-21. The proceeds from the IPO will be used for organic and inorganic growth, with 25% earmarked for general ... WebJul 6, 2024 · The investment values Grofers at over $1 billion, and gives Zomato—which is reportedly seeking a valuation of $10 billion—a much-stronger blueprint and chance to make a dent in the grocery... knvb soccer las vegas