Matrix Partners leads funding round in edtech startup Pesto

Kavya Kothiyal

Pesto, a career accelerator for software engineers in India, has raised an undisclosed amount in a round led by venture capital ....

2 May, 2019

Zomato opens Delhi warehouse for its restaurant supplies brand HyperPure

Kavya Kothiyal

Online food delivery firm Zomato Media Pvt. Ltd on Monday announced the launch of its multi-product warehouse in Delhi under HyperPure, its ....

29 April, 2019
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Food delivery biz helps Zomato triple revenue in FY19 as expenses surge

Vijayakumar Pitchiah

Food-technology unicorn Zomato tripled its total revenue for the just-concluded financial year even as its expenditure grew ....

5 April, 2019

Swiggy, UberEats India pause merger talks; Xiaomi may pick up stake in bus-tracker app Chalo

Payal Ganguly

After three to four months of negotiations, merger talks between online food delivery firm Swiggy and smaller rival Uber Eats ....

5 April, 2019

Zomato adds 17 new cities to its menu in Tier-2 push

Payal Ganguly

Zomato is taking its food delivery service to 17 new cities as the Gurugram-based unicorn bets on expansion in Tier-2 locations ....

2 April, 2019

Zomato may acquire task management app Dunzo: Report

Vijayakumar Pitchiah

Online restaurant discovery and food delivery platform Zomato is in advanced stages of discussions to acquire task management ....

28 March, 2019
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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

HSBC revises Zomato valuation to $3.6 bn on promise of food delivery business

Kavya Kothiyal

Nearly three years after Zomato had its valuation marked down drastically by HSBC Global Research, the restaurant discovery and ....

13 March, 2019

Swiggy’s revised byelaws ask investors to operate at arm’s length from Uber

Payal Ganguly

Indian online food delivery service Swiggy’s board has approved tweaks to its articles of association that, among other ....

11 March, 2019

From groceries to e-tailing, hyperlocal delivery startups back in the limelight

Kavya Kothiyal

Last month, food-tech unicorn Swiggy started offering home delivery of groceries and other daily essentials. And last week, Reliance ....

6 March, 2019
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Zomato revises payment structure for NCR delivery personnel, faces protest

Payal Ganguly

A revision of incentives for personnel in the National Capital Region at food technology platform Zomato saw close to 200 delivery ....

5 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

Zomato to open food-supplies warehouses for B2B biz in 9 more cities

Vijayakumar Pitchiah

Food delivery firm Zomato Media Pvt. Ltd said it will open warehouses in nine more cities across India by the end of this year, ....

1 March, 2019

OYO enters food biz, lists delivery-only kitchens on Swiggy, Zomato, Uber Eats

Binu Paul

Pressing on with its aggressive expansion drive, budget hospitality chain OYO has forayed into online food business with the launch ....

26 February, 2019

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

Grofers narrows loss as net sales double in FY18

Kavya Kothiyal

Gurugram-based online grocery startup Grofers India Pvt. Ltd pared its losses but saw its net sales or operating revenue surge ....

22 February, 2019

Zomato eyes $25 million in revenues from subscription programme

Payal Ganguly

Online restaurant discovery platform Zomato anticipates that its subscription programme, Zomato Gold, will fetch revenues of $20-25 ....

21 February, 2019

Startups bullish about fundraising but hiring still a pain point: TechCircle survey

Kavya Kothiyal

A record year for fundraising in the Indian startup ecosystem has made entrepreneurs bullish about their prospects of raising ....

19 February, 2019

Naspers Ventures’ Ashutosh Sharma on why startups must focus on building platforms

Kavya Kothiyal

Naspers has long been one of the most prolific technology investors in India, with the South African conglomerate outpacing many ....

14 February, 2019

Exclusive: Mobycy lines up $10 mn to fuel pivot to dockless electric scooters

Kavya Kothiyal

Eight months after pivoting from bicycles to electric scooters, dockless bike sharing platform Mobycy is finalising a $10-million ....

12 February, 2019

Swiggy gives BigBasket, Grofers food for thought with new hyperlocal service

Kavya Kothiyal

Food-tech unicorn Swiggy is diversifying its operations with the launch of a new hyperlocal service that will offer home delivery ....

12 February, 2019