Meesho’s 79X IPO subscription one of highest among new-age companies

Software

Meesho’s 79X IPO subscription one of highest among new-age companies

The bookbuilding process for ecommerce marketplace Meesho’s initial public offering (IPO) closed Friday with investors bidding for 79 times the shares on offer...

Software

ETtech Explainer: Why have food delivery platforms agreed to share user data with restaurants?

Ending a long-standing fight, food delivery platform Zomato has started discussions with the National Restaurants Association of India (NRAI) regarding the sharing of...

Software

Uber not a holding company: CEO Dara Khosrowshahi on why he sold Zomato stake

Uber selling its stake in Eternal, erstwhile Zomato, three years ago was a decision driven by the need to stick to core competencies,...

Software

Rapido, not Ola, is Uber’s biggest rival in India: CEO Dara Khosrowshahi

Uber CEO Dara Khosrowshahi said that Rapido has overtaken Ola as Uber’s main competitor in India. Speaking on Zerodha cofounder Nikhil Kamath’s podcast...

AI

The rise of ‘agentic AI’: Why data scientists and software developers should be worried

Here’s a case in...

Software

ETtech Q&A | Zomato to roll out new initiatives to stem slowing growth in food delivery biz: CEO Deepinder Goyal

This is part of a series of interviews with the winners of The Economic Times Awards for Corporate Excellence.Zomato plans to roll out...

Software

Ecommerce firms prioritise delivery partners and their well-being

Ecommerce companies in India are stepping up their commitment to the health and well-being of their delivery partners to drive not just better...

Software

Zomato CEO Deepinder Goyal provides update on chief of staff hiring

Zomato CEO Deepinder Goyal, in a post on X, provided an update on the18,000 applications received for the much discussed chief of staff...

Software

consumer protection: Govt launches AI-enabled helpline, ecommerce safety measures to boost consumer protection

Food and consumer affairs minister Pralhad Joshi on Tuesday launched several initiatives to strengthen consumer protection, including AI-enabled helpline and tools to detect...

Software

Zomato CFO Hemal Jain: Zomato’s global finance head Hemal Jain resigns

Zomato’s global head of finance and chief financial officer of its business-to-business grocery supply vertical Hyperpure Hemal Jain resigned on Monday, the company...

Software

Zomato tax notice: Zomato receives tax demand of Rs 803 crore from GST authorities

Food and grocery delivery major Zomato has received a tax demand notice of Rs 803.4 crore from the Goods and Services Tax (GST)...

Software

quick commerce: Quick commerce is eating into kirana sales, says report

More than $1 billion of kirana sales are expected to move to quick commerce in 2024, according to ecommerce consultancy Datum Intelligence. This...

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