According to Goyal, the fulfilment of his speedy delivery guarantee is dependent on a dense network of finishing stations positioned adjacent to high-demand customer neighbourhoods.
Shares of food delivery firm Zomato rose over 4% in early trade today after the company said it would acquire 16.66 percent stake in Mukunda Foods Private Ltd, a food robotics company, for cash consideration of $5 million. Zomato stock gained 4.37% to Rs 79.95 against the previous close of Rs 76.60 on BSE. The stock has gained after three days of consecutive fall. Later, it fell to its 52-week low of Rs 75.55 on BSE.
Zomato said in a regulatory filing that its board has delegated the authority to its senior management to decide the key terms of the loan and execute the definitive documents at a future date. Online food delivery platform Zomato on Tuesday said its board has approved granting a loan of up to USD
Indian food-delivery firm Zomato Ltd's board has approved to grant a loan of $150 million to Blinkit, an online shopping platform formerly known as Grofers.