Deepinder Goyal

Longevous founders Dr. Robert Mohr and Dr. Avi Roy are joining Temple full time.

Blinkit’s adjusted earnings were US$436,000, compared to a loss of US$17 million in the previous quarter.

This decision was announced by CEO Deepinder Goyal in a shareholder letter that included the company’s financial results.

Vayudh develops drones for battlefield intelligence, surveillance, and reconnaissance.

The rebranding follows a special resolution passed by Zomato’s shareholders earlier this month.

The operational brands, including the Zomato app, will keep their existing names.

During the quarter, Blinkit added 368 net new stores, surpassing the 1,000-store milestone.

Blinkit currently generates 80% of its revenue from large cities despite plans for smaller markets.

Supporters see it as offering a valuable MBA-like experience, while critics say it excludes those with less financial means.

Zomato’s fundraising is viewed as unexpected, given its existing US$1.2 billion reserves.