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Zomato Becomes First Indian Startup to Join BSE Sensex 30 Replacing JSW Steel

  • Zomato has become the first Indian startup to join the BSE Sensex 30, replacing JSW Steel Limited.
  • Zomato's shares have surged by 45% in the past six months, outperforming the market index.
  • The company achieved profitability in Q1 FY24 and recorded a fivefold increase in net profit in Q2.
  • Zomato recently raised Rs 8,500 crore through a QIP to support its expansion plans.

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