financetom
Business
financetom
/
Business
/
Zomato rebranding — not shutting — its 10-minute food delivery service Instant
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Zomato rebranding — not shutting — its 10-minute food delivery service Instant
Jan 23, 2023 9:38 AM

Zomato is working on rebranding its 10-minute food delivery service, Zomato Instant, which was launched in March 2022. Rumours were afoot that Zomato is shutting down the service but the company confirmed in a statement that it is only working on rebranding it.

Share Market Live

NSE

“Instant is not shutting down. We are working on a new menu with our partners and rebranding the business. All finishing stations remain intact, and no people are impacted by this decision,” said a Zomato spokesperson.

Also Read: Zomato co-founder & Chief Technology Officer Gunjan Patidar resigns

The service was made available through Zomato's ‘finishing stations,’ which were loaded with 20-30 of the best-selling dishes from various restaurants based on demand predictability and hyperlocal preferences.

“The fulfilment of our quick delivery promise relies on a dense finishing stations’ network, which is located in close proximity to high-demand customer neighbourhoods. Sophisticated dish-level demand prediction algorithms, and future-ready in-station robotics are employed to ensure that your food is sterile, fresh and hot at the time it is picked by the delivery partner,” Deepinder Goyal, CEO, Zomato, wrote in a blog post on the service’s launch.

The company opened about five of these stations, the majority of which were in the National Capital Region. Bengaluru has joined the service more recently.

Also Read: Deepinder Goyal teases Zomato Gold comeback

(Edited by : Shoma Bhattacharjee)

First Published:Jan 23, 2023 6:38 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google introduces new AI models for rapidly growing robotics industry
Google introduces new AI models for rapidly growing robotics industry
Mar 12, 2025
(Reuters) - Alphabet's Google launched two new AI models tailored for robotics applications on Wednesday based on its Gemini 2.0 model, as it looks to cater to the rapidly growing robotics industry. The robotics field has made large strides over the past few years with increasing advancements in AI and improving models, speeding up commercialization of robots largely in industrial...
Looking At Amazon.com's Recent Unusual Options Activity
Looking At Amazon.com's Recent Unusual Options Activity
Mar 12, 2025
Investors with a lot of money to spend have taken a bearish stance on Amazon.com ( AMZN ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big...
Sidus Space Teams With Japan's Warpspace For Next-Gen Satellite Communications: Details
Sidus Space Teams With Japan's Warpspace For Next-Gen Satellite Communications: Details
Mar 12, 2025
Shares of space mission enabler Sidus Space Inc. ( SIDU ) are trading higher on Wednesday after the company entered into a Memorandum of Understanding (MOU) with Warpspace, a Japanese space-tech firm. The MOU sets the stage for a potential Joint Venture aimed at advancing satellite communications and mission operations. Sidus Space ( SIDU ) and Warpspace will focus on...
Red Cat Appoints Christian Ericson as CFO
Red Cat Appoints Christian Ericson as CFO
Mar 12, 2025
11:01 AM EDT, 03/12/2025 (MT Newswires) -- Red Cat ( RCAT ) said Wednesday that it appointed Christian Koji Ericson as chief financial officer, starting March 17. Ericson most recently served as head of finance and accounting at Western Steel Buildings, according to the company. Shares of the company were down 2% in recent trading. Price: 4.84, Change: -0.10, Percent...
Copyright 2023-2026 - www.financetom.com All Rights Reserved