Zomato may raise ₹8,500 crore through its QIP, say sources
3 days ago · Home Market News Zomato may raise ₹8,500 crore through its QIP, say sources — Why is it significant Zomato may raise ₹8,500 crore through its QIP, say sources — Why is it significant Zomato's cash balance at the end of the June quarter stood at ₹12,539 crore but that was before the company signed definitive agreements to acquire Paytm ...
Zomato likely to post robust Q2 nos with 7x increase in PAT, say ...
21 hours ago · Online food delivery platform Zomato is slated to release its second quarter (Q2FY25) results on Tuesday, October 22, 2024. Ahead of the results, brokerages tracked by Business Standard have estimated Zomato's profit after tax (PAT) on an average to see a robust increase of 749 per cent year-on-year (Y-o-Y) to Rs 305.67 crore in the second quarter as compared to Rs 36 crore a year ago.
Zomato CEO Deepinder Goyal ventures into health tech with …
20 hours ago · Zomato's co-founder Deepinder Goyal has unveiled a new health-focused venture named 'Continue.' The startup, still in stealth mode, aims to revolutionize health tracking and wellness solutions.
Zomato's surprise fundraising plan raises investor questions
3 days ago · Zomato’s fundraising plans may seem surprising given its strong cash position, it could be a strategic move to prepare for future growth and acquisitions, especially in a highly competitive and rapidly expanding e-commerce landscape. ... Home Business News Companies News Zomato's surprise fundraising plan raises investor questions: Experts ...
Zomato Fundraising: Zomato considers fresh funding as quick …
4 days ago · Zomato Fundraising: Zepto and Swiggy (post IPO), will potentially have a cash balance of USD 1 billion and 1.3 billion, which is largely in line with Zomato. Thus, the real reason for raising cash ...
Zomato shares jump 5% to hit all-time high: what is pushing the …
At its peak, the stock surged by nearly 5 per cent, reaching a lifetime high of ₹ 173.50, compared to the previous day's closing of ₹ 165.50. Zomato share price: Zomato stocks can be attributed...
Zomato News: Zomato latest news and recent zomato updates
Zomato Share Price: Zomato shares have surged by 126% this year, driven by strong growth in food delivery and quick commerce. Analysts remain optimistic about the company's future, citing improved margins and strategic acquisitions.
Zomato’s 260% Stock Surge Has Analysts Scrambling to Catch Up
Apr 15, 2024 · Zomato Ltd. has outpaced gains in all the world’s major delivery stocks over the past year, sending analysts scrambling to boost their outlooks for the Indian company as its profitability...
Zomato IPO: Shares of Indian food delivery start-up surge in …
Jul 23, 2021 · Shares of Indian food delivery start-up Zomato jumped as high as 82% during its market debut on Friday. The initial public offering price was set at 76 rupees a share and the …
Zomato Turns Profitable Amid India’s Online Food Ordering Boom
Aug 3, 2023 · Food delivery firm Zomato Ltd. posted its maiden quarterly profit with increasing subscriptions for its loyalty program driving a 72% growth in revenue.
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