Zomato inches closer to Swiggy’s valuation at $3.25 Bn in contemporary round

Zomato has crossed the $3.25 billion valuation mark in its fresh fund infusion from  Scotland-based Pacific Horizon Investment Trust. The new valuation narrows the gap between the two local food delivery majors — Swiggy and Zomato.  The Naspers-backed firm was valued at $3.6 billion in its $113 million Series I round in February. In terms…

View More Zomato inches closer to Swiggy’s valuation at $3.25 Bn in contemporary round
Zomato Gold memberships prolonged at free of fee, fund place up for provide boys

Zomato Gold memberships prolonged at free of fee, fund place up for provide boys

For delivery partners, Zomato has started a fund to cover the lost earnings during the lockdown (Mint) 2 min read . Updated: 27 Mar 2020, 12:47 PM IST Anulekha Ray Zomato has set up a fund to help daily wage workers in the country amid coronavirus lockdownApart from this, the startup has also taken several…

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Zomato workers utilize deep wage cuts amid COVID-19 lockdown

Zomato workers utilize deep wage cuts amid COVID-19 lockdown

The coronavirus outbreak has forced a lockdown in countries across the globe. All but essential services have been suspended in order to contain the spread of coronavirus. Amid the present circumstances, Zomato CEO Deepinder Goyal has announced that hundreds of employees have taken a deep voluntary salary cuts to help the company maintain a steady…

View More Zomato workers utilize deep wage cuts amid COVID-19 lockdown

A total bunch of Zomato workers grasp deep salary cuts

NEW DELHI : Zomato CEO Deepinder Goyal on Wednesday announced that several employees have taken deep voluntary salary cuts as the business has been hit owing to the COVID-19 lockdown. In a series of tweets, Goyal said that dining out in many countries has been badly hit. “To conserve our own cash flows, hundreds of…

View More A total bunch of Zomato workers grasp deep salary cuts