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 ....

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
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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

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
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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
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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

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

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

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

Exclusive: Cloud kitchen platform FreshMenu refills funding pot

Vijayakumar Pitchiah

Bengaluru-based Foodvista India Pvt. Ltd, which operates cloud kitchen and food delivery platform FreshMenu, has raised Rs 21 ....

22 January, 2019