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In June 2023, Zomato launched a feature that enabled users to build carts from up to four restaurants and place the order together. [53] In October 2023, the company started offering hyperlocal package delivery service on a separate app called Xtreme. [54] In August 2024, Zomato announced the launch of "district" an app. [55]
Following this, Zomato granted a US$150 million loan to Blinkit. Zomato had acquired a 10% stake in company the year prior. [28] [29] Following numerous discussions, on 24 June 2022, Zomato announced that it would acquire Blinkit for US$568 million in an all-stock deal. [15] The acquisition was completed on 10 August 2022. [16] [30]
In 2015, Swiggy received a $2 million investment from Accel and SAIF Partners, along with additional investment from Norwest Venture Partners. [7] The following year, it raised $15 million from both previous and new investors, including Bessemer Venture Partners and Harmony Partners. [7] In 2017, Naspers led an $80 million funding round into ...
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PARIS/ROME (Reuters) -Europe's Airbus, Thales and Leonardo are exploring plans to set up a new joint space company as they look to compete with Elon Musk's Starlink. "Project Bromo", named after ...
Food delivery is a courier service in which a restaurant, store, or independent food-delivery company delivers food to a customer. An order is typically made either by telephone, through the supplier's website or mobile app, or through a third party food ordering service.
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Democrats are split on snubbing or showing up for Donald Trump's inauguration Phillip M. Bailey, Sudiksha Kochi and Savannah Kuchar, USA TODAY Updated December 13, 2024 at 11:37 AM