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Vaibhav Babruwan Shingde

Stealth • 3d

• 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 d

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Anonymous

Anonymous 2

Stealth • 3d

Raising more money might help in the short term, but what about long-term profitability with such tough competition?

Vaibhav Babruwan Shingde

Stealth • 3d

currently, the moto is to capture the maximum market share not to make profits , if we market share captured then can easily make profits and also they are backed by big VC firms . e.g Flipkart

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