Zomato has reduced their discounts significantly. All these marketing gimmicks are just to divert our attention from that, so they can silently become more profitable.
They haven’t diverted my attention at least. They have lost me as a customer. I u
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Chamarti Sreekar
Passionate about Pos... • 5m
Perhaps Zomato is focusing on profitability over growth now
The pace at which zomato is moving is amazing!
Do you think with zomato live, zomaland and now the ticket booking system, zomato will take over BookMyShow?
District app by Zomato is now live on the Google Play Store.
10 replies16 likes
Kimiko
Startups | AI | info... • 5d
Oyo, led by Ritesh Agarwal, is now the most profitable Indian startup in FY25, after years of heavy losses. The company is expanding globally and focusing on sustainable growth. Its postponed 2022 IPO may get a fresh push as profits rise.
what is your opinion on quickcommerce profitability?
0 replies4 likes
Aarihant Aaryan
Prev- Founder & CEO ... • 7m
In India there is a sudden shift for profitability among startups but the cost of profitability is innovation and growth.
Innovation is expensive. It requires years of suffering in terms of balance sheet and name calling.
3 replies12 likes
Sandeep Namasudra
Change is the only c... • 1m
Do you support Startups prioritizing Scaling (Burning investors money) over Profitability ?
“Is OYO pausing… or pivoting?”
OYO has put its IPO plans on hold for the third time.
Once a poster child of India’s startup boom, valued at $12B at its peak, the company is now reportedly reassessing its next steps. With Softbank reducing its stake
🚨 Zomato is Planning To Raise Over ₹4185 Crore Through QIP as Per Media Reports
Zomato Has Cash Reserves of ₹12,539 Crore
Swiggy’s IPO Size is Around ₹11,664 Crore
Zomato Being Aggressive, Crucial Timings
Too fast to last? Zomato closes quick and 'everyday' 'services'😱😱
Due to citing challenges in profitability and customer experience,Zomato officially discontinued it's 15-minute delivery service.