Tag: zomato

Revenues per segment - Zomato's Q1FY24 earnings report
Food Startups

Zomato’s first-ever quarterly profit, can it sustain?

Releasing its quarterly earnings, Zomato (previously FoodieBay) reported its first-ever quarterly profit. Way ahead of schedule (as stated in their previous quarter for profitability to take another year) Zomato’s Rs. 2 crore profit after tax (PAT) is a milestone investors are ecstatic over. Zomato Chief Financial Officer Akshant Goyal stated

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Food Startups

ZOMATO”S IPO BID TO SUCCESS

Where the economy has been majorly affected by the pandemic, few sectors have found their silver lining. The online services sector has been thriving for the past financial year, and companies such as Swiggy, Zomato, Amazon, and Flipkart have seen immense growth in their revenues as more and more people

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Flatpebble, a Hyderabad-based startup raises 400K USD from Indian Angel Network

Indian Angel Network, a horizontal seed stage investing platform, recently concluded its second round of investment in Flatpebble, an AI-driven on-demand cataloging platform. The Hyderabad-based startup had previously raised $6 lakh from Indian Angel Network and an on-equit based assistance from Microsoft Accelerator Bengaluru(New Microsoft Ventures), bringing its total amount

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Microsoft’s ‘Bae Intern’ Fiasco And Our Learnings From It.

Microsoft is an amazing corporation that teaches and inspires entrepreneurs all over the world. Sometimes, we also learn from the mistakes it makes. This week for example, Microsoft had a major faux pas with its “Bae Intern” email. For the uninitiated, basically Microsoft (or specifically someone called Kim from the

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