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Sanjeev Bikhchandani pivots as Info Edge leans harder on Zomato amid IT hiring slowdown

Sanjeev Bikhchandani pivots as Info Edge leans harder on Zomato amid IT hiring slowdown

With IT hiring slowing, Info Edge—Sanjeev Bikhchandani’s recruitment-led business—has started taking a backseat for the first time. Instead, its fortunes increasingly track the market value of Zomato, in which it holds 12.24%. The shift signals how job-market softness is pushing investors to focus on tech platform valuations over staffing revenues.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Eternal Triple Bet Surges in Numbers Yet Profit Hinges on Other Income

Eternal Triple Bet Surges in Numbers Yet Profit Hinges on Other Income

Eternal’s new CEO Albinder Dhindsa inherits a strong-looking Q4 FY26, with profits up 4.5x YoY. But the key red flag is under the headline: without other income, the quarter turns into a loss as expenses spike 185%. The firm’s triple play—Blinkit quick commerce, Zomato delivery, and District going-out—shows scale now, margins later.

Summarised by Beize from a story on Inc42 on 4 May 2026

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Eternal Zomato Blinkit profits jump as quick commerce margins improve and growth accelerates

Eternal Zomato Blinkit profits jump as quick commerce margins improve and growth accelerates

Eternal, the parent of Zomato and Blinkit, reported a blockbuster March quarter with revenue up threefold and net profit rising 4.5 times. Improved quick commerce margins helped drive the turnaround, while net order value crossed $10 billion across businesses. The company expects that figure to double in two years, with Blinkit’s growth projected to exceed 60% over the next three years.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
Eternal Q4 pops as Zomato Blinkit parent reports stronger March quarter results

Eternal Q4 pops as Zomato Blinkit parent reports stronger March quarter results

Zomato and Blinkit parent Eternal posted strong performance for the March quarter, triggering a sharp Q4 uptick. Investors are also watching what the company’s refreshed strategy could mean for its next phase, as ETtech reports additional developments alongside the earnings headline. The results underline continued execution amid fierce competition in quick commerce and food delivery.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
Zomato founder Deepinder Goyal says LPG shortage barely affected orders across its platform

Zomato founder Deepinder Goyal says LPG shortage barely affected orders across its platform

Zomato founder Deepinder Goyal has played down fears that India’s recent LPG shortage hurt the company. He said any disruptions were localized and that customers naturally shifted to other restaurants on the platform, keeping overall demand resilient. The comments aim to reassure investors about Zomato’s Q1FY27 performance despite ongoing supply chain concerns.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
Zomato parent Eternal revenue soars as Blinkit drives profits and rapid store expansion

Zomato parent Eternal revenue soars as Blinkit drives profits and rapid store expansion

Zomato’s parent Eternal Limited reported a strong March quarter, with PAT rising to Rs 174 crore. Revenue from operations surged 196% year-on-year to Rs 17,292 crore, aided by Blinkit’s fast growth and an inventory-led quick commerce accounting shift. Adjusted EBITDA also climbed 160%. Management expects growth to sustain above 60% CAGR, driven by assortment, geography expansion and higher demand density.

Summarised by Beize from a story on YourStory on 28 Apr 2026

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Over USD105 billion IPO windfall Who gained most from India’s startup listing boom

Over USD105 billion IPO windfall Who gained most from India’s startup listing boom

Since Zomato’s mid-2021 listing ignited India’s startup IPO wave, more than 30 mostly unicorn companies have gone public. Together, they’ve unlocked about USD105 billion in market value over the past four years. ET Prime now tracks who actually benefited the most from this unprecedented value creation—from early stakeholders to public-market entrants.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Zomato drops clause that fined restaurants for cheaper walk in meal orders

Zomato drops clause that fined restaurants for cheaper walk in meal orders

Zomato has agreed to remove a contract term that penalised restaurants when they offered cheaper food to walk-in diners, a source said. Eateries argued the clause effectively interfered with their pricing decisions. The removed policy could have charged fines equal to three times the price difference per order, pushing Zomato to revise terms after pushback.

Summarised by Beize from a story on Republic on 24 Apr 2026
Zomato drops pricing clause after pushback as food delivery competition heats up

Zomato drops pricing clause after pushback as food delivery competition heats up

Zomato has reportedly dropped a pricing clause following pushback, according to a source cited by Economic Times. The change comes as the company rides strong demand for food delivery, with 24 million consumers and 300,000 restaurants on its app. Zomato’s shares have more than doubled since 2021, valuing the company at nearly $26 billion.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Zomato Drops Price Parity Clause After Restaurant Backlash and Unused Mystery Shopping

Zomato Drops Price Parity Clause After Restaurant Backlash and Unused Mystery Shopping

Zomato has withdrawn a contract term that required restaurants to match dine-in and website prices to its platform rates, Reuters first reported. The clause also allowed Zomato to impose fines up to three times the price difference and investigate via complaints or “mystery shopping,” though sources say it was never enforced. The move follows ongoing commission-model discussions amid intensifying competition.

Summarised by Beize from a story on Inc42 on 24 Apr 2026

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McDonald’s and KFC investors sour as Zomato reshapes India’s QSR market

McDonald’s and KFC investors sour as Zomato reshapes India’s QSR market

India’s big QSR players are facing a sharp shift as food delivery platforms like Zomato change customer control. Despite still-rich valuations, stocks tied to brands such as Westlife and Jubilant have stumbled. Margin pressure, slower growth hovering in single digits, and empowered local competition are eroding the old advantage of scale—raising a new question: who owns the customer now?

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
NRAI vs Swiggy Zomato as delivery giants open in minutes non appetising cafes

NRAI vs Swiggy Zomato as delivery giants open in minutes non appetising cafes

The National Restaurants Association of India is again clashing with Swiggy and Zomato, this time over their quick-food café formats built around delivery partners that can prepare and serve in as little as 10 minutes. NRAI claims these concepts harm dining standards and local restaurants, while platforms push speed and scale. The next phase could reshape India’s restaurant ecosystem fast.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Deepinder Goyal admits Zomato resisted delivery economics then customers forced the change

Deepinder Goyal admits Zomato resisted delivery economics then customers forced the change

Deepinder Goyal revealed on the Raj Shamani podcast that Zomato initially resisted Swiggy’s move into last-mile logistics. He said he dismissed the approach for years, convinced the economics were “off” and that the model could never make money. However, customer enthusiasm shifted the reality, leaving Zomato with little choice but to adapt.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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