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News on Medial
Zomato founder launches platform to help biz hit by bad weather
Inshorts
·
55y ago
Medial
Zomato's Deepinder Goyal launches Weather Union to aid businesses facing weather challenges. This initiative introduces India's first crowd-supported weather infrastructure with 650+ weather stations nationwide. Collaborating with IIT Delhi, they offer real-time weather data for free for public benefit. It aims to democratise weather forecasting for small businesses and research institutes.
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Related News
Zomato Unveils ‘Weather Union’ To Open Source Real-Time Weather Data
Inc42
·
1y ago
Medial
Zomato, in collaboration with Centre for Atmospheric Sciences - IIT Delhi, has launched Weather Union, a network of over 650 on-ground weather stations. Zomato CEO, Deepinder Goyal, announced that this is India's first crowd-sourced weather infrastructure. The weather stations provide real-time information on temperature, humidity, wind speed, and rainfall. Zomato is open-sourcing this data for other companies and institutions to leverage for their needs. The weather stations use machine learning to optimize network operations and ensure continuous functionality in any weather condition. Zomato is also inviting volunteers to host weather stations on their premises.
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Govt launches satellite-based farm decision support system
YourStory
·
11m ago
Medial
The Indian government has launched a new satellite-based agricultural decision support system called Krishi-DSS. The platform provides real-time information on crop conditions, weather patterns, water resources, and soil health to help farmers make informed decisions about crop management. The system uses satellite imagery to deliver early warnings about potential disasters and aids in crop mapping, monitoring, and promoting crop rotation and diversification. The platform was developed using technologies from the Department of Space, and it aims to assist farmers in dealing with climate challenges and increasing productivity.
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Deepinder Goyal earns ₹1,600 cr as Zomato shares hit record high
Business Today
·
1y ago
Medial
Zomato Founder Deepinder Goyal earned ₹1,600 crore in a few hours after his food delivery platform's shares hit their lifetime high on Friday. Apart from Goyal, who owns 4.19% stake in Zomato, Info Edge also earned ₹5,300 crore wealth due to the rally. Zomato shares rose as much as 19% after the startup reported multifold rise in quarterly net profit.
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iPhone's SOS satellite feature helped rescue a family of hikers lost in a freezing Oregon forest, says report
Business Insider
·
1y ago
Medial
A family lost in Oregon's Mt. Hood National Forest used the Emergency SOS feature on their iPhone to call for help. The family, including two young children, had become stranded due to high altitude and bad weather conditions. Fortunately, the Emergency SOS via satellite feature, available on iPhone 14 and 15 models, allowed them to contact emergency responders even without cell signal. Despite difficult terrain and weather challenges, a search-and-rescue team was able to reach the family, who were cold and dehydrated but otherwise unharmed. The family and rescuers were eventually transported back to safety. This feature has been credited with saving lives in other instances as well.
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Former Zomato top executive Gaurav Gupta launches healthtech startup Gabit
Economic Times
·
1y ago
Medial
Gaurav Gupta, co-founder of Zomato, has launched a healthtech platform called Gabit. The platform aims to provide patients with virtual consultations, medical records management, and a wide range of healthcare services. It also plans to leverage artificial intelligence and machine learning to facilitate personalized healthcare experiences. Gabit aims to bridge the gap between healthcare providers and patients, making healthcare more accessible and efficient.
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After a failed startup, IIT friends built $2.1 bn home service biz
Internet
·
1y ago
Medial
Founded in 2014 by two IIT friends, Urban Company was started after they identified a market problem no one was solving. They built a platform offering cleaning, plumbing, and beauty treatments. They also ensure safety of their 50 lakh customers and 30k professionals. Backed by Tata, their revenue hit ₹437 Cr in FY22, with a company valuation of $2.1 billion.
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Eternal says no to NDMA’s mandatory midday shutdown advisory for heatwaves
Livemint
·
5d ago
Medial
The National Disaster Management Authority (NDMA) issued an advisory for digital platforms to suspend gig work during extreme weather conditions, recognizing platform-based gig workers in national heatwave guidelines for the first time. However, food delivery firm Eternal (Zomato) announced it will not comply, citing that the mandated 11am-4pm pause would disrupt peak delivery hours and impact earnings for restaurant and delivery partners. The advisory was part of efforts to protect workers from harsh weather effects.
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Zomato to launch District app for dining out, events, ticketing biz
Economic Times
·
1y ago
Medial
Gurugram-based food and delivery platform, Zomato, has launched a new app called District dedicated to its going-out business. The company has been focusing on expanding its verticals, which include dining out, live events, and ticketing. Zomato has been looking to capture consumer demand in various categories like food, grocery, and entertainment. The going-out business reported a gross order value of Rs 1,268 crore for the April-June quarter, a growth of 106% year-on-year. Zomato aims to build "super brands" instead of "super apps", in line with the preferences of Indian consumers.
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Zomato’s GST Troubles: Foodtech Giant Receives Another Demand Notice
Inc42
·
11m ago
Medial
Zomato has been hit with a GST tax demand of INR 1.89 lakh, along with interest and penalty, by the Sales Tax Officer in Delhi. The food delivery platform has stated that it will pay the applicable dues and the cost of litigation. This comes after Zomato received GST tax demand and penalty orders totaling INR 4.59 crore from authorities in Tamil Nadu and West Bengal earlier this week.
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Zomato launches platform to offer hiring and regulatory services to restaurants
Economic Times
·
1y ago
Medial
Zomato has launched the Restaurant Services Hub, a platform that provides restaurant partners with services such as staff hiring and regulatory compliance. The program, which was piloted for six months and has already been used by over 3,200 restaurants, is now available for all restaurants in India. Zomato plans to expand the services offered on the platform, including point-of-sale integrations and hygiene audits. The move comes after competitor Swiggy also introduced a recruitment support feature on its partner app. Zomato reported a net profit of Rs 175 crore for the quarter ending March 31.
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