e-commerce
Zomato Q1: Reports net profit of Rs two crores for the first time
Mumbai: Zomato reported a consolidated net profit of Rs two crore for the quarter ended June 2023 against a loss of Rs 186 crore in the corresponding quarter of the last financial year.The company reported a loss of Rs 189 crore in the quarter ended March.
The revenue from operations for the reporting quarter stood at Rs 2,416 crore which was up nearly 71 per cent YoY against Rs 1,414 crore reported by the company in the year-ago period.The quarterly earnings were announced during the market hours and the stock jumped over 2 per cent on the NSE.The company in its exchange filing said that the quick commerce (Blinkit) business turned contributive positive for the first time ever in the month of June 2023.
The consolidated adjusted EBITDA stood at Rs 12 crore, versus a loss of Rs 152 crore in Q1FY23. The adjusted EBITDA margin stood at 0.4 per cent, up by nine percentage points YoY. The adjusted revenue excluding the quick commerce business stood at Rs 2,402 crore which was up 33 per cent YoY.
The company reported a jump in its gross order value (GOV) for the reporting quarter at Rs 7,318 crore versus Rs 6,425 crore in the corresponding quarter of the previous financial year. It was also up sequentially from Rs 6,569 crore in the March quarter. The average monthly transacting customers were at 1.75 crore in Q1FY24 versus 1.67 crore in the year-ago period.
e-commerce
Instamart and Duolingo launch street spell check campaign for Instaprint
Duo the owl fixes signboard typos across cities to showcase instant printing.
MUMBAI: If spelling mistakes had a sworn enemy, it might just be a bright green owl with a printer. Instamart has teamed up with language learning platform Duolingo for a quirky nationwide campaign that turns everyday spelling errors into a public spectacle while promoting its instant printing service, InstaPrint. The playful activation takes aim at the many misspelled shop boards and public signs scattered across Indian streets. From “saloons” that promise haircuts rather than drinks to menus and posters peppered with punctuation mishaps, the campaign sends Duolingo’s mascot Duo on a mission to restore linguistic order.
Armed with Instamart’s instant printing feature, Duo prints corrected versions of the mistakes on the spot and pastes them over the originals. The result is a series of humorous street interventions that have quickly begun circulating on social media.
Photos and videos of the grammar correcting owl have been widely shared online, with amused users reacting to the unexpected spell check patrol. One user joked, “Ab ayega na maza bhidu,” capturing the internet’s delight at the unusual campaign.
Behind the humour lies a practical message. The activation is designed to showcase the capabilities of Instaprint, Instamart’s printing service that allows users to print documents and posters almost instantly.
The company says the feature is meant for everyday needs such as printing resumes, visa documents or last minute posters without the usual scramble to locate a print shop.
Instamart introduced Instaprint in 2025 across select metropolitan cities including Bengaluru, Mumbai and Delhi. The service allows users to order printed materials directly through the platform, extending the quick commerce model beyond groceries and household essentials.
By combining Duolingo’s famously persistent owl with India’s street level spelling quirks, the campaign taps into the internet’s long running fascination with grammar mistakes while demonstrating a real world use case for instant printing.
After all, in a world full of typos, sometimes what you really need is a quick printer and a very determined language teacher.
