Restaurant India News: Restaurant Industry Pushes Back Against Zomato and Swiggy’s Private Label Q-Commerce Apps
These platforms, which began as aggregators, are now competing directly with their restaurant partners by offering their own products.
Restaurant India News: Zomato and Swiggy Face Rs 180–200 Crore Annual GST Liability After Council Clarification
The clarification settles a long-standing debate between platforms and the government over whether aggregators are liable to remit tax on delivery…
Restaurant India News: Zomato, Swiggy Hikes Platform fee by Rs.12 & Rs. 15
Swiggy's Q1 FY26 results showed a strong revenue growth of 54% year-on-year to Rs. 4,961 crores, but the net loss widened sharply to Rs. 1,197…
Restaurant India News: Zomato Faces Rs 40.32 Crore GST Demand, Parent Firm Eternal Plans to Appeal
In its filing on Monday, the Gurgaon-based company confirmed that the order is linked to goods and services tax (GST) for the period between July…
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Restaurant India News: Swiggy’s Q1 FY26 Loss Signals Deeper Profitability Challenges in Delivery Business
While revenue continues to rise, escalating expenses and competition leave Swiggy in the red.
Restaurant India News: Zomato Parent Eternal Builds Rs 18,857 Crore War Chest, Outpaces Swiggy in Cash Reserves
Eternal, the parent company of Zomato and Blinkit, reported a marginal rise in its cash balance during the first quarter of FY26, despite significant…
Restaurant India News: India’s Food Delivery Market to Grow 14 Percent as Quick Commerce Cools Off
The food delivery sector in India is projected to grow by 13–14 percent in the coming years, with a steady-state EBITDA margin of around 5 percent,…
Restaurant India News: Zomato’s Parent Eternal Appoints Aditya Mangla as CEO of Food Delivery Unit
According to a regulatory filing, Ranjan will cease to be designated as senior management personnel effective 6 July 2025.
Rapido Challenges Zomato and Swiggy with Low-Cost Food Delivery Model
Rapido plans to offer a lower commission range of 8 to 15 percent to restaurants, compared to the 16 to 30 percent currently charged by the existing…
Zomato Introduces ‘Long Distance Service Fee’ on Restaurants for Deliveries beyond 4 km
Customers will now pay ₹15 for delivery between 4 and 6 km if the order value exceeds ₹150.
Zomato Restructures Gold Perks Amid Slow Food Delivery Growth
Beginning May 16, Gold members will be subject to the same surge rain fee as regular users, a charge aimed at ensuring fair compensation for delivery…
Zomato’s Q4FY25 Revenue Rises 60 Pc Amid Quick Commerce Expansion Push
This growth comes alongside a strategic shift from Gross Order Value (GOV) to NOV reporting, offering a clearer picture of customer spend after…
Zomato Ends 15-Minute Food Delivery on Main App, Shifts Focus to Blinkit
Zomato Instant was followed by Zomato Everyday, offering homestyle meals with short delivery times, but that too has since been removed from the app.
Zomato CEO Rakesh Ranjan Steps Down as Food Delivery Sector Slows
The latest leadership transition reflects Zomato’s strategic approach to navigating a maturing and increasingly challenging food delivery landscape,…
Zomato Refutes Acquisition Talks with Shiprocket Amidst Rumors
Zomato's CEO, Deepinder Goyal, dismissed reports of a $2 billion acquisition offer for Shiprocket, affirming that the company currently isn't considering any acquisition.
Cakes by Flower Aura Teams Up with Swiggy & Zomato
The partnership between Flower Aura and these platforms is geared towards making their diverse range of cakes more accessible to customers, aiming to improve convenience and reach.
Zomato's Q2 PAT Hits Rs 36 Crore amid Soaring Revenues
During the current quarter, the revenue from operations amounted to Rs 2,848 crore, marking a significant increase from the Rs 1,661 crore recorded in the corresponding period last year.
Softbank to Cut Stake in Zomato; May exit
Similarly, private equity firm Tiger Global, also sold its remaining 11.24 billion rupees stake in the company after cutting 2.34% stake last year.
  • By - Nusra
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Zomato Join Hands with IRCTC for Delivery of Pre-ordered Meals
As part of this collaboration, IRCTC has initiated a Proof of Concept (PoC) at five prominent railway stations: New Delhi, Prayagraj, Kanpur, Lucknow, and Varanasi.
  • By - Nusra
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Zomato Starts Liquidation of its Portugal Biz
As per reports, Zomato decided to shut down international businesses as they do not contribute to its revenues, following its listing on the exchanges.
  • By - Nusra
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Data Insight Platform Launched by Zomato to Support Restaurant Partner
Restaurant partners can utilize this platform to access valuable information regarding demand and supply gaps, pricing distribution, and trending demands for various dishes or cuisines.
Zomato May Embrace AI Tools, Expand Team for Enhanced Services
The aim is to improve the overall customer experience across both Zomato and Blinkit platforms. The company plans to develop and implement these AI tools accordingly.
Zomato and Swiggy's IPL Impact: Meager 7% Growth in Food-Delivery Business, Says Report
Food delivery companies experienced consistent growth in their business from 2018 to 2020, with the percentage increasing from 43% to 52% during this period.
Rakesh Ranjan Promoted as Food Delivery CEO at Zomato
The company on Friday reported a 70% year-on-year jump in its operational revenue for the March-quarter to Rs 2,056 crore, and its net loss narrowed to Rs 187.6 crore in the quarter, compared to Rs 359.7 crore in the year-ago period.
  • By - Nusra
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