Hey I am on Medial • 10m
• Zomato is planning to raise about ₹8,500 crore through a Qualified Institutional Placement (QIP) to grow its quick delivery service, Blinkit. This money will help the company open more dark stores and improve delivery services. • Zomato's quick delivery business is growing fast, even beating food delivery in some areas. The company is facing tough competition from Swiggy, which is also raising funds for similar growth. • This fundraising is important for Zomato to stay competitive in the fast-changing quick commerce market. Follow For More!
Founder at Stockware • 10m
🚨 Zomato Exploring Cash Raise Through QIP! 🚨 I just came across an interesting development—Zomato is considering raising funds via a qualified institutional placement (QIP), marking its first funding move since its IPO in July 2021. This comes as
See MoreI'm just a normal gu... • 3m
Just a little over three months after introducing its 15-minute food delivery option, foodtech giant Zomato is discontinuing its ‘Quick’ service. In a letter to shareholders, Zomato’s parent company, Eternal, also announced plans to wind down its me
See MoreBigLoot.in - Where S... • 9m
Zomato Has 4 Major Apps Now • Zomato (Food Delivery) • Blinkit (Quick Commerce) • Hyperpure (Ingredients & Supplies) • District (Movies, Event, Going Out) While Swiggy Has One Application For Food Delivery, Quick Commerce and Dining BookMyShow is
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