Zomato raises $60 mn from Temasek, Vy Capital

Last Updated: Monday, September 7, 2015, 19:45

Restaurant search and discovery application Zomato on Monday said it has raised $60 million in a fresh round of funding that is being led by Singapore investment company, Temasek with participation from existing investor Vy Capital.

EazyDiner raises $3 mn fresh funding for expansion

Last Updated: Wednesday, August 26, 2015, 00:05

The online restaurant reservation platform is launching operations in Mumbai this week, followed by Bengaluru and Pune later in the year.

McDonald's 'Goddess' is the most attractive waitress in the world

Last Updated: Tuesday, August 18, 2015, 19:49

A McDonald's restaurant in Taiwan is said have the most attractive waitress in the world that has gone viral with the fans attracting them to the restaurant.

Nando's to add 12 restaurant across India by 2017-end

Last Updated: Sunday, June 21, 2015, 11:25

South African restaurant chain Nando's is planning to open 12 more restaurants in India at an investment of around USD 12 million (about Rs 75 crore), taking the tally to 20 by the end of 2017.

Faasos eyes $100 million revenue by FY17

Last Updated: Sunday, June 7, 2015, 13:07

Technology-focussed quick service restaurant chain Faasos is targeting a revenue of USD 100 million (about Rs 630 crore) by financial year 2017 and is expanding its presence to 10 cities with the addition of Hyderabad and Delhi this month.

McDonald's CEO releases turnaround plan, stock dips

Last Updated: Monday, May 4, 2015, 19:29

McDonald`s Corp`s new chief executive officer on Monday laid out a turnaround plan that includes reorganizing the company`s operating units, selling more restaurants to franchisees and cutting costs.

Zomato, Uber sign global pact to provide enhanced experience

Last Updated: Thursday, April 23, 2015, 11:10

Online restaurant guide Zomato and taxi hailing app Uber have entered into a partnership to enable users book cabs to the restaurant they are planning to eat at.

Zomato raises $50 mn, acquires payments platform MaplePOS

Last Updated: Wednesday, April 15, 2015, 12:17

According to TechCrunch, a source said that the funding now values Zomato at over one billion dollars.

McDonald`s to boost wages for 90,000 US employees

Last Updated: Thursday, April 2, 2015, 05:52

Fast-food giant McDonald`s announced Wednesday that it would increase the wages of 90,000 employees in company-owned restaurants in the United States and offer them paid time-off.

Zomato acquires Turkey based Mekanist in an all cash deal

Last Updated: Thursday, January 29, 2015, 13:34

Online restaurant guide Zomato has acquired Turkey's popular restaurant research service firm Mekanist in an all cash deal for an undisclosed sum.

Zomato forays into US market with $60-mn Urbanspoon buy

Last Updated: Tuesday, January 13, 2015, 17:17

Online restaurant guide Zomato has forayed into the US market by acquiring restaurant information and recommendation service provider Urbanspoon for estimated USD 60 million in an all-cash deal.

Zomato in talks to raise $100 mln after US acquisition

Last Updated: Tuesday, January 13, 2015, 13:46

Restaurant search services provider Zomato acquired US-based rival Urbanspoon for about $50 million in one of the biggest overseas deals by an Indian startup and a company executive said it was in talks to raise about $100 million in fresh funding.