India's food and grocery delivery platform Zomato said ... avalanche of memes online, with netizens reacting and even hilariously drawing comparison with Zomato's competitor Swiggy.

Zomato and newly-listed Swiggy are betting big on growth through quick-commerce but the spending required to ward off intense competition in the sector is spooking investors and has wiped off ...

Gopal Srinivasan, Chairman of TVS Capital Funds, criticizes the sustainability of India's quick-commerce sector, led by Zomato and Swiggy, as reliant on private equity without long-term viability.

Zomato acquired 7,612 shares at the issue price of 19,70,171 per share to invest Rs 1,500 crore, as per Registrar of Companies (RoC). Last week, foodtech rival Swiggy said it will invest up to Rs ...