Exclusive: Swiggy piloting bulk-order service as diversification drive continues

Binu Paul

Weeks after entering the hyperlocal delivery space, food-tech unicorn Swiggy is pressing on with its rapid diversification by ....

14 March, 2019

Zomato selling UAE biz to Delivery Hero for $172 mn, closes funding round

Binu Paul

Food-tech unicorn Zomato Media Pvt. Ltd has inked an agreement to sell its UAE business to Delivery Hero while also raising fresh ....

4 March, 2019
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Consolidation brewing in India’s booming food-tech sector

Binu Paul

Bengaluru-based Swiggy and Gurugram-based Zomato, locked in a fierce battle for dominance in the country’s food ordering ....

22 February, 2019

Ola in talks to raise funding from Mirae Asset-Naver Asia fund: Report

Kavya Kothiyal

Cab-hailing company Ola is in talks with a joint venture of South Korean companies Mirae Financial Group and Naver Corp to raise ....

11 February, 2019

Zomato’s valuation adviser projects profitability by 2021

Vijayakumar Pitchiah

Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd can turn profitable for the year through March 2021, ....

7 February, 2019

Foodpanda struggles to find growth recipe as loss widens in FY18

Vijayakumar Pitchiah

Food delivery platform Foodpanda India’s net loss for the year through March 2018 widened five times, thanks partly to service ....

6 February, 2019
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Swiggy acqui-hires AI startup Kint.io to boost computer vision tech

Binu Paul

Food-tech unicorn Swiggy has acqui-hired Kint.io, a two-member artificial intelligence startup which applies deep learning and ....

4 February, 2019

Ola lost Rs 1.5 for every rupee earned in FY18

Vijayakumar Pitchiah

ANI Technologies Pvt. Ltd, which operates homegrown cab-hailing major Ola, reported a nearly 57% rise in operating revenues and ....

1 February, 2019

Zomato in advanced talks to sell UAE biz to Delivery Hero: Report

Binu Paul

Food-tech unicorn Zomato is in advanced stages of discussions to sell its UAE business to Germany-headquartered online food delivery ....

31 January, 2019

Foodpanda to focus on cloud kitchens as parent Ola tightens purse strings

Binu Paul

A year after acquiring Foodpanda, ride-hailing unicorn Ola is significantly scaling down expenditure on its food delivery subsidiary ....

28 January, 2019
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Exclusive: Ola gets $74 mn from Steadview Capital, valuation jumps

Vijayakumar Pitchiah

ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, has raised Rs 520.79 crore ($73.97 million) in a fresh funding ....

10 January, 2019

Flashback 2018: Fuelled by enormous investor appetite, food-tech finds its mojo

Binu Paul

The events of the past year have made it amply clear that food-tech is certainly not a winner-takes-all business. Four heavily-funded ....

26 December, 2018

In charts: How Zomato, Swiggy transactions lifted food-tech deal value to new high

Keshav Sunkara

The number of investment deals in India’s food and agriculture sector dropped to its lowest level since at least 2014 but ....

22 November, 2018

Why the new regulations for online food delivery firms need greater clarity

Anurag Pareek & Samad Ali

Online food delivery companies have drawn significant interest from investors this year as they experience rapid growth. Zomato, ....

16 November, 2018

Reboot: Former Foodpanda, Printvenue boss is out to shake up health-tech

Dearton Thomas Hector

TechCircle presents Founders Reboot, a fortnightly series in which we profile successful Indian entrepreneurs who have chosen ....

16 November, 2018

Zomato FY18 loss shrinks on higher revenue, cost cuts

Vijayakumar Pitchiah

Gurugram-based Zomato Media Pvt. Ltd narrowed its net loss for 2017-18, as the restaurant listings and food delivery company controlled ....

22 September, 2018

This entrepreneur cracked the millennial code with his second food venture

Anand J

A second-time food-tech entrepreneur, Sandipan Mitra has come a long way from being a waiter at a food outlet in Bengaluru. In ....

4 June, 2018

Foodpanda strengthens leadership team, appoints marketing head

Shweta Sharma

Online food ordering and delivery platform Foodpanda has appointed Anshul Khandelwal as head of its marketing vertical, a company ....

27 March, 2018

Naspers raises $9.8 bn from 2% Tencent share sale; may invest in OLX, Swiggy, PayU

Anand J

South African technology major Naspers announced on Friday that it has raised $9.8 billion from the sale of 2% of its holdings in ....

22 March, 2018

Ola puts in another $7.68 mn into cab-leasing arm

Vijayakumar Pitchiah

Taxi aggregator Ola, operated by ANI Technologies Pvt. Ltd, has made a fresh infusion of Rs 50 crore ($7.68 million) ....

28 February, 2018

Exclusive: Food-tech startup Holachef raises fresh funds

Vijayakumar Pitchiah

Food-tech startup Holachef has raised Rs 2 crore ($311,200) from Ashok Kumar Gajera, director at Mumbai-based diamond manufacturer ....

13 February, 2018