🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

Inactive

Stealth • 6m

Goyal Sharma bhaichara ? Zomato, a food delivery company, has confirmed its interest in acquiring Paytm's movie ticketing and events business. The deal, valued at around Rs 1,500 crore, is expected to enhance Zomato's event-related services and potentially compete with established players like BookMyShow. This is Zomato's second-largest acquisition after Blinkit's purchase in 2021 for Rs 4,447 crore. Both companies are exploring strategic opportunities to enhance shareholder value, with Zomato expanding its offerings and Paytm focusing on its core payment and financial services business.

0 replies6 likes

More like this

Recommendations from Medial

Image Description

Vishnu

Stealth • 3m

Zomato's another acquisition Zomato acquired Paytm's entertainment ticketing business for 2048 crores.

1 replies2 likes
Image Description

Chetan Vairat

Stealth • 4m

Zomato will acquire Paytm's entertainment and ticketing business for Rs 2,048 crore as the food delivery giant looks to expand its presence in the 'going-out' segment, while the embattled fintech major seeks to focus on its core financial services of

See More
1 replies6 likes
Anonymous
Image Description
Image Description

Anonymous

Stealth • 4m

Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,

See More
3 replies21 likes
Image Description
Image Description

Sagar Anantwar

 • 

SimpliFin • 4m

Blunder or Masterstroke? - Zomato's acquisition of Paytm's entertainment and ticketing business for Rs 2,048 crore When Zomato bought Blinkit, everyone was of the opinion that it was a mistake, but it turned out to be a masterstroke. But, is the Pay

See More
3 replies2 likes
Image Description
Image Description

Vaibhav Babruwan Shingde

Stealth • 5m

• Deepinder Goyal enters billionaire club as his holding in Zomato crosses $1 Bn worth ! • Zomato's share price has increased by over 300% since its low in July 2023, leading to the surge in Deepinder Goyal's net worth. • Goldman Sachs values Blink

See More
12 replies15 likes
1

Shuvodip Ray

 • 

YouTube • 8m

Zomato has been slapped with a GST demand and penalty order totalling Rs 11.82 crore

0 replies6 likes

Aman Khan

Stealth • 8m

india's leading software exporter Tata Consultancy Services (TCS) on friday reported a consolidated net profit of Rs 12,434 crore in the fourth quarter . It was up 9% from Rs 11,392 crore a year ago.

0 replies3 likes
Anonymous
Image Description
Image Description

Anonymous

Stealth • 4m

A Labourer Found A Real Diamond Worth Rs 1 Crore Becomes its Official Owner. Rs 42 lakh Tax Will Be Deducted From Rs 1 crore. I hope he manage finance properly. 🥺BUT 42 LAKH DEDUCTED AS TAX 😭

11 replies12 likes
Anonymous

Anonymous

Stealth • 5m

🥳🤯 The government of Uttar Pradesh has received proposals for projects totalling around Rs 40,038 crore under its new policy to incentivise semiconductor manufacturing and attract global investments in the state, its investment promotion agency Inv

See More
0 replies5 likes
Image Description
Image Description

Shreyas Ramdasi

Stealth • 6m

Zomato hikes platform fee for users; pauses these deliveries Zomato hikes platform fee for users; pauses these deliveries Zomato increased platform fee to Rs 5/order in major cities, aiming to enhance earnings. Swiggy charges Rs 5, with some users f

See More
3 replies9 likes
1

Download the medial app to read full posts, comements and news.