Zomato and Blinkit Celebrate Raksha Bandhan with Playful Sibling Rivalry

Zomato and Blinkit, two companies under the same umbrella, engaged in lighthearted banter on social media, celebrating the Indian festival of Raksha Bandhan with a playful take on their relationship. The interaction showcased the companies’ ability to leverage trending events for marketing, highlighting the strong bond between Zomato and its subsidiary, Blinkit. Meanwhile, Blinkit celebrated a successful Raksha Bandhan eve with record sales and orders, offering a glimpse into the growing popularity of its quick delivery services.

Zomato Customer Receives Chicken Biryani Instead of Veg Meal, Sparking Outrage on Social Media

A Zomato customer, Himanshi, ordered a vegetarian meal from EatFit but received chicken biryani instead. She took to social media, tagging Zomato CEO Deepinder Goyal and other stakeholders, expressing her frustration and highlighting the blunder during the holy month of Sawan. Both Zomato and EatFit have apologized and offered refunds, but Himanshi demands accountability and action against the responsible party.

Zomato Delivery Boy’s Mumbai Slum Life Touches Hearts, Woman Pays 3 Months Rent

A Zomato delivery boy’s video showcasing his cramped Mumbai slum accommodation went viral, inspiring a woman to pay three months’ rent. Pranjoy Borgoyary, an aspiring singer and state-level footballer, shared his story of moving from the Northeast to Mumbai for work. His video, showing the narrow street leading to his shared room, highlighted the realities of living in a Mumbai slum. The video touched viewers, with many praising Pranjoy’s resilience and admiring his pet cat. One user, Khushi, was particularly moved and paid Pranjoy’s rent for three months.

Zomato Faces Another GST Demand, This Time for Rs 9.45 Crore

Online food delivery platform Zomato has been hit with another GST demand notice, this time for Rs 9.45 crore from the Karnataka tax authorities. This comes after similar notices from Delhi in recent months, raising concerns about the company’s tax compliance. Zomato, however, maintains its stance, claiming a strong case and plans to appeal the order.

Top News Headlines: Zomato Faces GST Notice, Market Cap Surges, Flash Flood Warnings Issued

This news update covers a range of topics, including a significant GST notice issued to Zomato by the Karnataka government, a surge in market capitalization of top BSE firms led by Reliance Industries, and flash flood warnings issued by the IMD across India. Additionally, we delve into PM Modi’s latest Mann Ki Baat address, retirement announcements from prominent cricketers, and a resolution to the TISS staffing crisis.

Zomato Invests Rs 400 Crore in Blinkit and Zomato Entertainment

Online food delivery platform Zomato has invested Rs 300 crore in its quick commerce arm, Blinkit, and Rs 100 crore in Zomato Entertainment, its events arm. This investment brings Zomato’s total investment in Blinkit to Rs 2,300 crore since acquiring it in August 2022. Meanwhile, Zomato has said that Blinkit turned adjusted EBITDA positive in March, with the online food delivery platform clocking Rs 194 crore in adjusted EBITDA for the January-March quarter of FY24. The consolidated adjusted EBITDA improved by Rs 369 crore as compared to the same quarter last year. The adjusted revenue was Rs 3,873 crore, a 61 per cent growth (year-on-year) for the quarter, as food gross order delivery (GOV) grew 28 per cent (on-year).

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