Former Nirula’s CEO to lead Zomato’s cloud-based PoS business

Samir-KuckrejaRestaurant listings and discovery company Zomato Media Pvt. Ltd has appointed Samir Kuckreja, former chief executive of QSR chain Nirula’s Corner House, as president of its cloud-based point-of-sale (PoS) system, Zomato Base. Prior to joining Zomato full-time in February, Kuckreja served as a consultant to the firm, a Zomato spokesperson told Techcircle. The development was […]

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Zomato to set up kitchens, launch annual membership service to push revenues

Zomato Media Pvt. Ltd will launch two new initiatives – Zomato Red and Zomato Infrastructure Services – to increase revenue and profitability, Mint newspaper reported on Monday. The new initiatives will be rolled out between February and June 2017. In an interview with the daily, Deepinder Goyal, co-founder and chief executive officer, said that he […]

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Zomato losses soar in FY16, drag parent Info Edge into the red

ZomatoRestaurant listings and discovery company Zomato Media Pvt Ltd plunged deeper into the red in the financial year through March 2016 and even pushed parent Info Edge (India) Ltd into losses. Pre-tax loss at Zomato widened almost four-fold to Rs 492.27 crore in 2015-16 from Rs 136 crore the year before. Revenue doubled to Rs […]

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Zomato chief product officer Tanmay Saksena quits

Tanmay SaksenaRestaurant listings and services startup Zomato’s chief product officer Tanmay Saksena has quit in yet another senior-level exit at the company. Saksena was promoted as chief product officer last month and just completed a year at Zomato, the Mint reported, citing a company spokesperson. He was the global business head for Zomato’s food-ordering business before […]

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Zomato becomes profitable in six markets including India

Zomato7After a tremulous period towards the end of last year, restaurant listings and services startup Zomato Media Pvt Ltd has achieved operational break-even in six markets such as India, Middle East (UAE, Lebanon and Qatar) and Southeast Asia (Philippines and Indonesia). This makes Zomato the first Indian ecommerce unicorn to become profitable in the home […]

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Zomato’s learning from 2015: Don’t scale too fast, always focus on revenue

ZomatoZomato’s quick expansion last year meant that the food tech venture had more rivals to worry about and diminished its focus on operational revenue. “We scaled massively in 2015…We were rapidly launching operations in new geographies and setting up new businesses. Suddenly, having that many new competitors in new markets meant everything had to become […]

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Zomato shuts online food ordering service in four cities

ZomatoGurgaon-based restaurant listing and services company Zomato, the most prominent food-tech venture in the country, is shutting down its online food ordering service in four cities — Lucknow, Kochi, Indore, and Coimbatore, reflecting the state of still nascent consumer internet business in the country. Zomato that competes with Foodpanda among others in the online ordering […]

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Zomato discontinues advertising on porn sites, CEO apologises

VCCircle_Deepinder_Goyal-2Restaurant listings and food ordering startup Zomato has stopped advertising on pornographic sites after receiving a barrage of criticism on social media. In a blog posting dated December 17, Zomato CEO Deepinder Goyal said that the marketing campaign crossed the fine line between marketing irreverence and cultural insensitivity. He apologised to users who may have […]

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Why Zomato moved from food-porn to porn sites to catch hungry eye(balls)

Zomato‘Look, people watch porn, and people get hungry, so stop judging me.’ That’s a straight (no pun intended) marketers thought process for reaching out to the buzzing late-night food delivery space. But India’s best known food-tech startup Zomato saw a more profound reasoning to put that to test. Put simply, the economics of tapping on […]

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