CarDekho parent names ex-Zomato CFO Hora finance chief

Jaipur-based Girnar Software Pvt Ltd, the company behind auto portal CarDekho and BikeDekho, has roped in Zomato’s former finance head Umesh Hora as its chief financial officer (CFO). In a media statement, Girnar Soft said Hora would lead the company’s financial strategy besides developing its legal infrastructure. “He (Hora) brings with him a wealth of […]

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On track to double revenue, Zomato’s Goyal tells analysts

Online restaurant listing and services company Zomato is on course to double revenue this financial year in line with investors’ expectations, co-founder and CEO Deepinder Goyal told analysts on Monday, just a week after warning employees the firm might fail to meet the sales target for 2015-16. “If we execute well we will meet our […]

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High-flying Zomato still struggling to retain top talent

In May, when restaurant listings and services startup Zomato Media Pvt Ltd named Durga Raghunath as senior vice president, growth, it said she would work closely with the founding team on key aspects of some of its new businesses, such as online ordering and table reservations. This week, Raghunath abruptly jumped ship becoming CEO of Juggernaut, a […]

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It’s ‘stupid’ to go app only, says Zomato’s Goyal

Zomato co-founder Deepinder Goyal has joined Snapdeal CEO Kunal Bahl in denouncing the ‘app-only’ strategy adopted by several consumer internet firms. “I think it is stupid (to go app-only). If you have customers on the web why wouldn’t you follow them?” Goyal, who is also CEO of the restaurant listings and food delivery firm, asked […]

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Zomato raises $60M from Temasek, Vy Capital

Restaurant listings and review firm Zomato, which is expanding its business into food ordering and table reservation, has raised $60 million (Rs 400 crore) in a fresh round of funding led by Singapore government’s investment company Temasek and existing investor Vy Capital, as per a press statement. “We will use this round to make investments […]

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Zomato integrates Paytm wallet for food payments

Restaurant listings and review firm Zomato, which also allows users to order food, will now enable its customers to pay using Paytm mobile wallet. This makes Paytm the first virtual wallet property to sign up with Zomato for food delivery payments, as per a press statement. Paytm, which is run by One97 Communications Ltd, is […]

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Zomato invests in Pickingo, Grab; partners Delhivery

Restaurant listings and review firm Zomato Media Pvt Ltd, which operates through zomato.com, has invested in hyperlocal delivery startups Pickingo and Grab while partnering with e-commerce logistics firm Delhivery. With these arrangements, Zomato will now enable home delivery of food from restaurants and eateries that don’t offer such services otherwise, as per a press statement. Financial details […]

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Exclusive: Former CTOs of PayU, Zomato bag angel funding for soon-to-launch m-commerce marketplace PayMango

Gajinder Singh and Ram Singla, former CTOs of PayU and Zomato, respectively, are out with their first independent venture, a soon-to-launch mobile commerce platform for local traders PayMango.com and have raised around Rs 1.5 crore ($234,000) angel funding from a group of unnamed internet entrepreneurs and investors. Singh, co-founder and CEO, Paymango India Private Ltd, told Techcircle.in […]

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