Zomato chief product officer Tanmay Saksena quits
Food tech start-ups such as Zomato have been struggling to scale their businesses, making wary investors pile pressure on start-ups to reduce cash burn on discounts and overhead costs. The…
Zimmber set to raise up to $7 million from Snapdeal, others
Zimmber claims to have over 1,000 transactions per day on its platform. Bengaluru: Home services start-up Zimmber, run by Rejuvenate Solutions Pvt. Ltd, is close to raising $6-7 million from…
Infosys, Wipro investments in start-ups not exclusive deals
Infosys and Wipro maintain their backing to start-ups, which are based out of the US, Israel and India, should not curtail the latter from partnering other outsourcing firms, some of…
Zomato turns profitable in 6 markets, including India
Zomato co-founders Pankaj Chaddah (left) and Deepinder Goyal. Photo: Ramesh Pathania/Mint Restaurant search and review website Zomato Media Pvt. Ltd said on Monday that the company has reached operational profitability…