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Zomato Shuts 15-Minute Food Delivery Service Quick, Everyday

India, May 1 -- Just over three months after launching its 15-minute food delivery service, foodtech major Zomato is shutting down the 'Quick' service. In its shareholders letter, Zomato parent Etern... Read More


Blinkit Q4: Adjusted EBITDA Loss Widens 381% YoY To INR 178 Cr

India, May 1 -- Amid cut-throat competition in the quick commerce segment, Blinkit's adjusted EBITDA loss widened over 381% to INR 178 Cr in the March quarter of the fiscal year 2024-25 (Q4 FY25) from... Read More


Eternal Q4: Profit Slumps 78% YoY To INR 39 Cr

India, May 1 -- Deepinder Goyal-led Eternal's consolidated profit after tax (PAT) plunged 77.8% to INR 39 Cr in Q4 FY25 from INR 175 Cr in the year-ago period. Sequentially, the company's bottom line ... Read More