Paytm president Bhushan Patil quits; Eupheus, Dunzo eye funding; LoanMeet shuts down

Kavya Kothiyal

Bhushan Patil, president of the country’s biggest digital payments company Paytm, owned by One97 Communications Ltd, has ....

6 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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Info Edge tops up investment in ShoeKonnect, ups stake to nearly 30%

Vijayakumar Pitchiah

Info Edge (India) Ltd, the parent of job portal Naukri.com and real estate website 99acres.com, has invested an additional Rs ....

10 April, 2019

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

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

Exclusive: Zomato raising fresh capital from Delivery Hero, others

Vijayakumar Pitchiah

Online restaurant discovery and food delivery platform Zomato is raising around $62.25 million (Rs 440.86 crore) in a fresh funding ....

28 February, 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

B2B sales catalogue app Wishbook gets fresh dose of capital

Team TC

Info Edge (India) Ltd, the parent of jobs portal Naukri and real estate website 99acres.com, has invested an additional Rs 2 crore ....

21 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

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

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