Zomato is set to raise Rs 300 crore from its parent company, Zomato, bringing the total investment in Blinkit to Rs 2,300 crore. Zomato had acquired Blinkit for Rs 4,447 crore in a rescue act. Zomato's stock price surged over 200%, reaching an all-time high of 197 rupees, with investors anticipating further growth. Additionally, Zomato is in talks to acquire Paytm's movie and events ticketing business for around Rs 1,500 crore.
๐จ @zomato is in advanced discussions to acquire @Paytm's movie ticketing and events business in a plan to expand its 'going out' offerings. Read here for more ๐ https://t.co/EZQfRuei7m #Zomato #Paytm #Movies
๐จ Zomato is in talks to buy Paytm's movies & events ticketing business for Rs 1,500 cr. Zomato is sitting on over Rs 12,000 cr cash. It has been a prolific acquirer in the past โ Blinkit & Uberโs India food delivery business. https://t.co/dbAeg5R53p
๐จ Deal cooking between two listed Unicorns ๐ฆ Zomato in talks to buy Paytm's events and movie ticketing business ๐ฝ๏ธ๐ชฉ The move could potentially double the revenues of Zomato's newly formed going-out business Paytm's events business under Insider unit had revenues of close toโฆ
#Paytm is in talks with #Zomato to sell movie and events ticketing business.
#BREAKING | #Zomato in talks to acquire #Paytm's movies, ticketing business; deal pegged at around Rs 1,500 crore: sources https://t.co/HBSGDsWccq
#Zomato in talks to acquire #Paytm's #movies, #ticketing business; deal pegged at around Rs 1,500 crore: sources https://t.co/HBSGDsWccq
Just an hour after we send queries to the two companies-- info leaks out to another publication๐ ๐จ๐จBreaking: Food delivery company Zomato has held talks to acquire Paytmโs movie ticketing and events business as the Deepinder Goyal-led firm looks to double down on its โgoingโฆ
Paytm is in advanced-stage talks with Zomato to sell its movie and events ticketing business https://t.co/oTjZz0TXzi
Food delivery service provider #Zomato made a world record in Mumbai. The company trained over 4,300 delivery partners in a single location, setting the #GuinnessWorldRecord for the "largest first-aid lesson at a single venue." Read more๐ https://t.co/BG22CeRLEx
#Zomato set a #GuinnessWorldRecord in Mumbai by training over 4,300 delivery partners in a single location for the largest first-aid lesson at a single venue Read more๐ https://t.co/BG22CeRLEx https://t.co/QozKUGDlzY
CEO #DeepinderGoyal shared that #Zomato set #GuinnessWorldRecord for โlargest first aid lesson at a single venueโ #KunalKamra responded to the post https://t.co/TNl4A3w8IW https://t.co/sQTOVqj3fa
Zomato sets Guinness World record, but it's not about food - Deepinder Goyal shares visuals https://t.co/CFrlDpCabY
According to Visible Alpha consensus, by 2029, Blinkit, the quick commerce division of Indian food delivery company Zomato, is projected to become its largest revenue segment. Dive into the analysis: https://t.co/zQ3WEzCJGF https://t.co/LMuT8Vq9qs
#LeadStoryOnET | A look at #Zomatoโs โน2,300 crore investment in #Blinkit as #Zepto intensifies the battle https://t.co/PNoojdqJ4k
A quick look at #Zomatoโs Rs 2,300 crore #investment in #Blinkit https://t.co/PNoojdqJ4k
๐ Zomato stock skyrockets over 200%! Thanks to strategic moves in ads and quick commerce, it hit an all-time high of 197 rupees. Investors are excited for more growth. ๐ Swiggy might be next in line! https://t.co/8gwsBGkiQF
News brief. Zomato is investing another Rs. 300 crore in Blinkit. This brings Zomato's total investment in Blinkit to Rs 2,300 crore since it acquired the quick commerce firm in August 2022. https://t.co/t1v1VYdo7g
๐จ @letsblinkit is set to raise Rs 300 cr from its parent @zomato. The latest infusion takes #Zomato's investment in #Blinkit to a total of Rs 2,300 cr. Zomato had acquired @albinder-led Blinkit in a rescue act for Rs 4,447 cr. @Aish_19_Anand reports. https://t.co/4Ho53MbGqU