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Zomato Unveils District App to Revolutionize ‘Going-Out’ Experience!

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District by zomato - StartupStoies

Zomato, the food delivery giant, has launched a dedicated app for its going-out business on Apple’s iOS platform. The Gurgaon-based company is positioning this app, called District, as its third major consumer vertical, following food delivery and quick commerce.

A New Avenue for Zomato’s Going-Out Business

The District app aims to integrate various services under one platform, including dining, movies, sports ticketing, live events, shopping, and staycations. This marks a significant shift in Zomato’s strategy to broaden its consumer offerings. The app is designed to cater to customers who enjoy leisure activities, providing a seamless booking experience for dining out, entertainment, and more.

Vision Behind the Launch

Announcing the launch on social media, Zomato founder and CEO Deepinder Goyal stated, “The District app showcases Zomato’s evolution beyond food delivery and quick commerce, creating a one-stop solution for all going-out needs.” This reflects Zomato’s ambition to diversify its services and enhance user engagement through integrated solutions.

Strategic Acquisition of Paytm’s Ticketing Business

In preparation for this move, Zomato acquired Paytm’s events and ticketing business for ₹2,048 crore in August 2024. This acquisition enables Zomato to establish a stronger foothold in the events and ticketing sector, which is crucial for the functionality of the District app.

Transition to District

Goyal had previously mentioned in a letter to shareholders that the company was focused on transitioning its going-out services from the Zomato and Paytm platforms to the District app. He emphasized the importance of ensuring a smooth migration process for customers.

Financial Performance

Zomato reported strong financial results for Q2 FY25, with consolidated revenue from operations reaching ₹4,799 crore, compared to ₹2,848 crore during the same period last year. Total expenses for the quarter stood at ₹4,783 crore, up from ₹3,039 crore a year ago. This robust performance provides a solid foundation for launching new initiatives like District.

Stock Market Impact

Zomato’s shares reflected investor confidence, closing at ₹269.60 on November 14, up 4.27% from the previous day’s closing of ₹258.55. The positive market reaction indicates strong investor sentiment towards Zomato’s growth strategies.

Conclusion

The launch of the District app underscores Zomato’s ambition to diversify its business and dominate the leisure and entertainment sector. By integrating multiple going-out services into a single platform, Zomato aims to enhance customer convenience while tapping into a growing market.

Future Outlook

As Zomato continues to innovate and expand its service offerings through District, it will likely attract a broader audience seeking comprehensive solutions for their leisure activities. The company’s strategic focus on enhancing user experience positions it well in an increasingly competitive landscape where convenience and integration are key drivers of consumer preference.

By leveraging its existing customer base and technological infrastructure, Zomato is set to make significant strides in the going-out segment, potentially establishing it as one of its largest B2C businesses alongside food delivery and quick commerce.

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Dunzo Gets Breather as NCLT Rejects Insolvency Petition from Invoice Discounters

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Dunzo

The National Company Law Tribunal (NCLT) Bengaluru bench has dismissed an insolvency plea filed against quick commerce startup Dunzo by its invoice discounters, declaring the petition “not maintainable” after several postponements. This decision offers temporary relief to Dunzo, which has been facing multiple insolvency petitions from various creditors, including Velvin Packaging Solutions and Betterplace Safety Solutions, over unpaid dues.

The invoice discounters alleged that Dunzo had paid only 50% of the required amounts, though the exact sum was not disclosed. Despite ongoing settlement talks, no resolution was reached, and the tribunal noted Dunzo’s delays in responding to creditor petitions. Dunzo continues to grapple with severe liquidity issues, delayed payments, and significant losses—reporting a ₹1,801.8 crore loss in FY23 and owing approximately ₹11.4 crore to major vendors like Google India and Facebook India.

While this NCLT ruling provides Dunzo some breathing room, the company still faces ongoing financial and operational challenges as it works to resolve its outstanding liabilities.

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How a Golden Retriever Became the Heart and Soul of a Hyderabad Startup’s Workplace

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Golden Retriever in workplace

Hyderabad-based startup Harvesting Robotics has won hearts online by appointing a golden retriever named Denver as its Chief Happiness Officer (CHO). Denver, introduced by co-founder Rahul Arepaka in a viral LinkedIn post, has quickly become the star of the office, spreading joy and boosting morale among employees. The company is now officially pet-friendly, a move Arepaka calls their “best decision.”

Denver’s new role has sparked widespread attention, with thousands liking and commenting on the announcement. Many see Denver’s presence as more than just a cute story—it highlights a growing trend of pet-friendly workplaces that prioritize employee well-being and happiness. As companies increasingly focus on holistic wellness, Denver’s appointment shows that sometimes, a wagging tail is the best way to brighten the workday.

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Info Edge Shareholders Approve ₹1,000 Crore Investment in New Venture Fund

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Info Edge

Info Edge (India) Ltd shareholders have overwhelmingly approved an investment of up to ₹1,000 crore in the company’s third venture capital fund, Info Edge Ventures Fund III. The proposal received near-unanimous backing, with 99.9995% of valid votes in favor out of 1,274 participants.

Smartweb Internet Services Ltd, a wholly owned Info Edge subsidiary, will act as sponsor and investment manager for the new fund. This move strengthens Info Edge’s commitment to backing early-stage startups and expanding its footprint in India’s venture capital landscape.

Info Edge has a strong track record as an early investor in leading Indian startups like Zomato and PB Fintech, with combined holdings in these firms valued at ₹31,500 crore ($3.7 billion) as of March 31, 2025.

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