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Vaibhav Babruwan Shingde

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ā€¢ Zomato is planning to raise about ā‚¹8,500 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. ā€¢ Zomato's quick d

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Anonymous

Anonymous 2

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

Vaibhav Babruwan Shingde

StealthĀ ā€¢Ā 1m

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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