Zomato Company Profile, Funding News & Updates

Blinkit, India’s largest quick commerce platform, has received a ₹1,500 crore investment from its parent company, Zomato, as per a regulatory filing.

Zomato CEO Deepinder Goyal introduced Nugget, an AI-powered customer support platform that helps manage food delivery, quick commerce (Blinkit), and Hyperpure operations.

StockGro, an investment advisory platform focused on improving financial literacy, has teamed up with Zomato led by Deepinder Goyal, to help delivery partners manage their finances better.

Zomato's board of directors has agreed to change the company's name to 'Eternal Limited,' according to a filing on Thursday. This decision was made during a meeting on February 6, 2025.

Zomato has invested Rs 500 crore in its quick commerce platform Blinkit, bringing its total investment to Rs 2,800 crore since acquiring Blinkit in August 2022.

Zomato has quietly introduced a 15-minute food delivery service, intensifying the competition in the growing quick food delivery market. Currently available on the Zomato app.

Zomato's global head of finance and CFO of its B2B grocery supply unit- Hyperpure, Hemal Jain-resigned, the company announced to the stock exchanges.

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 25 November – 29 November 2024.

The raised funds will strengthen Zomato’s financial position and support its business growth and strategic plans. The offering, which ran from November 25 to November 28, was approved by Zomato’s Fund Raising Committee.

Approximately 4 lakh perfectly good orders that are en route to clients are canceled on Zomato each month. It's a significant problem, and Zomato has been considering potential ways to cut down on food waste.