Zomato to discontinue rewards programme Piggybank from Aug 12

Tanmay Tiwary

Gurugram-headquartered foodtech unicorn Zomato Media Pvt. Ltd has decided to  discontinue Piggybank, a reward points programme ....

16 July, 2019

Swiggy in talks to raise $500mn from Korean investors, Naspers: Report

Vijayakumar Pitchiah

As competition in India’s food-tech sector intensifies, Swiggy, the food delivery platform owned by Bengaluru-based Bundl ....

15 July, 2019
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Swiggy to invest $100mn in subscription delivery Supr: Report

Payal Ganguly

Food technology unicorn Swiggy has committed to invest $100 million (Rs 686 crore at current exchange rate) in its subscription-based ....

10 July, 2019

Exclusive: Indonesia's Go-Jek gets on board as the latest investor in cloud kitchen Rebel Foods

Vijayakumar Pitchiah

Rebel Foods, the homegrown cloud kitchens company best known for its Faasos brand, has raised $5 million from Indonesia-born ride ....

4 July, 2019

Bajaj Auto may buy stake in e-bike platform Yulu; Carlyle likely to invest in Swiggy: Reports

Kavya Kothiyal

Two-wheeler manufacturer Bajaj Auto is in advanced discussions to invest up to $8 million (about Rs 55.7 crore at current exchange ....

19 June, 2019

Lead Angels wants to go beyond being just a network: CEO Sushanto Mitra

Payal Ganguly

Since launching as a privately-owned angel network five years ago, Lead Angels has built a portfolio of more than 25 startups ....

11 June, 2019
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Swiggy launches separate app for delivery of home-cooked meals

Om Athavale

Food-technology unicorn Swiggy is now offering consumers the option of ordering home-cooked meals via a service called Swiggy ....

3 June, 2019

Ola-owned Foodpanda pivots to cloud kitchens

Vijayakumar Pitchiah

Foodpanda India, the food-technology firm owned by homegrown ride-hailing unicorn Ola, has announced a pivot from delivery services ....

22 May, 2019

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

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

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