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Zomato delivery partners protest 'China Funding'

The videos of these protests, which show a group of purportedly Zomato employees burning the company uniform, first surfaced on Twitter.

Zomato 'Gold' becomes 'Pro' with nearly 50% more restaurants

Zomato last year became one of the targets of a #Logout campaign initiated by some restaurants for allegedly facilitating discount addiction among customers through its Gold subscription programme.

Swiggy, Zomato, others asked to cut offers, commission

Typically, online platforms charge 20-25% of order value as commission, depending on multiple factors like brand, exclusivity and consumer reach.

Marriott partners with Zomato for home delivery service

Zomato said it will execute contactless delivery on all pre-paid orders, which involve a delivery partner leaving the food at the doorstep rather than an in-person exchange.

From Oyo to Zomato, startups soften pay cuts by expanding Esops pool

Companies may grant 12-15% of their overall stockholding to ESOPs to help staff hit by cuts, furloughs.

After delay in China-based investment, Singapore's Temasek to pump $100 million in Zomato

An existing Zomato backer, Temasek's potential funding is part of a larger investment round that the Gurgaon-based company has been negotiating since the end of last year.

Zomato co-founder's new startup to offer mental health online

The mobile app provides meditation and yoga content through a mixture of live classes and an on-demand library of audio and video content.

Mother Dairy ties up with Zomato to home deliver fruit, vegetables in NCR

In the first phase, Safal, which sells 270 tonnes of fruit and vegetables a day in the region, has initiated delivery in a radius of 10 km around 11 of its 300 outlets.

Zomato, Swiggy renegotiates exclusivity contracts with restaurants

While each contract was negotiated with different terms, it could range from a flat onboarding one-time payment, monthly assured payments, lower commissions, and higher visibility on the app for the restaurants.

From Oyo to Zomato, Covid-hit companies renegotiate for breathing space on rentals

Companies are toying with the idea of giving up a floor, consolidating offices, and shutting down regional divisions, among other measures, to reduce long-term fixed asset costs.

Retailers displeased as Swiggy, Zomato start delivering alcohol

Retailers in states such as Maharashtra, Odisha and Jharkhand don’t want food delivery apps entering the highly state-centric and excise-regulated liquor space.

Alcohol orders to add fizz to Swiggy and Zomato

Food delivery app Swiggy has started doorstep delivery of alcohol in Jharkhand, while rival Zomato told ET that it plans to launch the service on Friday.

Some Chinese VCs looking for a quick exit

The venture capital and individual investors exploring exits currently own about 4-5% in Indian companies, with some holding less than 2%.

E-commerce companies like Amazon, Flipkart seek time to comply with labelling rule

Companies have been asked to provide feedback within a fortnight about the modalities after discussing it with sellers on their platforms.

Zomato starts ‘Talent Directory’ to help its laid off employees find new job

Zomato has created a Zomato Talent Directory for employers to access employee profiles listed on its forum.

91springboard raises Rs 45 crore in fresh funding

As soon as the lockdown was announced in March, 91springboard had paused it’s billing cycle on membership plans offering some respite.

Flipkart, Zomato, other startups' top brass reach office first to allay staff fears

Most startups have allowed employees to continue working from home, for roles that may not require them to commute to offices, although the government has greenlighted office travel.

Amazon, BigBasket get nod for liquor delivery in West Bengal

State-owned West Bengal State Beverages Corporation Ltd (BevCo) invited the two companies to sign the agreements for empanelment for home delivery after finding them eligible, as per a notice dated June 19.

Zomato introduces contactless dining

Contactless dining, Zomato said, will minimise customer contact with anything that someone else might have touched, by eliminating use of high-touch elements.

Cheque-mate? Startups’ China funds may dry up

Chinese investors are the biggest backers of the country’s fast-growing digital economy.

There’s more than food on plate of delivery firms Swiggy and Zomato

This comes at a time when both food aggregators have made a big push in delivering grocery and products for daily use during the ongoing nationwide lockdown.

Swiggy, Zomato begin home delivery of alcohol; Amazon enters Indian food delivery market

E-commerce giant Amazon with deep pockets has entered the vast online food delivery market in India, with launching Amazon Food at select pin codes in Bengaluru. Leading food ordering and delivery platforms Swiggy and Zomato on Thursday said they have started home delivery of alcohol in Ranchi and plan to expand it to other cities going forward.Swiggy, Zomato begin home delivery of alcohol; Amazon enters Indian food delivery market

Swiggy offers Jumpstart Package for restaurant partners to resume operations

The food ordering app has also activated bi-weekly payment options to enable smooth cash flows for partners, it said.

PolicyBazaar arm cuts over 1,500 jobs

Owing to the coronavirus impact, other unicorns and large startups like Oyo, Curefit, Swiggy, Ola, and Zomato too have had to cut their team sizes by 10-30%, while some have placed additional staff on furloughs.

Cashing in on Covid-19 lockdown, Zomato wants to deliver alcohol to you

Zomato wants to cash in on the high demand for booze during the country's Covid-19 lockdown.

Nivea partners with Swiggy, Zomato for delivery of hygiene products

The service, which was initially started in Mumbai last week, has now been extended to over 30 cities, including Delhi, Mumbai, Bengaluru, Kolkata, Jaipur, Bhopal, Indore, Raipur, Kanpur, Nivea India said in a statement.

Zomato, Swiggy will have new competition. The restaurants

Terming aggregators as ‘virtual landlords’, Anurag Katriar, President, National Restaurant Association of India (NRAI) says there is an urgent need for the sector to reduce their dependence on such platforms. To safeguard its interest, restaurants are now collectively coming up with their own loyalty scheme, bill settlement technology and even a home delivery solution. This pits the restaurants directly against the likes of Zomato and Swiggy.Zomato, Swiggy will have new competition. The restaurants

COVID-19 impact: Zomato to layoff around 13% employees and cuts salaries across organisation

Zomato, a unicorn in the online food delivery space, will let go of 13% of its workforce and cuts salaries across the organisation to tackle the COVID-19 India crisis. The company has around 4,000 employees in different roles. Here's a report by ET NOW's Chandrar Srikant. Watch.COVID-19 impact: Zomato to layoff around 13% employees and cuts salaries across organisation

Zomato to lay off 13% of its staff as Covid-19 severely impacts food ordering business

Zomato has said it will let go of 520 people and undertake up to a 50% pay cut for remainder of the organisation.

BharatPe hires Zomato’s Head of Sales to lead growth

Jain has worked in leadership roles with Pepsi, the Coca Cola Company & more recently with Zomato.

Zomato denies rumors of delivery staff contracting coronavirus

Zomato said that all the customers who came in contact with the restaurant’s employee have been contacted by the relevant authorities.

Zomato places an order for Grofers at $750 million valuation

Japanese conglomerate SoftBank Vision Fund, the largest shareholder in Grofers, may look to invest around $100-200 million in the merged entity, sources close to the matter said.

Info Edge set to raise new $100 million fund

The fund also comes at a time when overall investment activity is slowing down due to the Covid-19 pandemic.

FieldFresh Foods ties up with Zomato, Swiggy, Dunzo for home deliveries

Under the partnerships, Del Monte range of premium food products, including tomato ketchup, mayo, pasta, olive oil and fruit drinks will be delivered to consumers' homes amidst the continuing lockdown.

BigBasket, Grofers, other e-grocery firms see rise in non-metro users

Grofers said it was able to retain 62% of users who came on board in March after the nationwide lockdown, adding it expects to retain around 50% of new users in the long term.

Startups like Zomato, Oyo offer more Esops to staff to ease pay cut pain

In April, Zomato initiated a voluntary salary reduction programme, which also offers affected employees’ additional stock in lieu of the cash cut from their pay cheques.

Tata Consumer Products ties up with Domino's Pizza, Zomato to deliver essential goods

These channel partnerships have been done in a phased manner, with Flipkart being the first e-commerce platform to enable the availability of its essential products in Mumbai, Bengaluru and Delhi.

Zomato, Swiggy orders drop 70% in 10 Days

Online food delivery orders for Zomato & Swiggy have dropped 70% in the last 10 days to under 1 million a day.

Covid-19: Hygiene tops menu for Swiggy, Zomato

Customers have also expressed concern about the health of delivery partners given their exposure to multiple people. In fact, Red-Seer Consulting has forecast a 30% drop in food delivery volumes in India for early March.

Innovation in a crisis: Restaurants are taking on Zomato, Swiggy on their home turf

The Covid sledgehammer to the restaurant industry has been brutal, but the sector is not going to roll over and die. Using the pandemic to innovate, the industry is now looking to make sweeping change to the way it operates.

CarDekho lays off 200 employees, up to 22.5% pay cut for rest

When contacted by ET, a spokesperson for CarDekho confirmed the layoffs and pay cuts, without answering specific queries or providing details.

Rebel Foods to expand beyond cooked meal brands, brews a new food kits plan

The idea is to extend cases beyond restaurants and create products for customers for use in homes.

Zomato kicks off grocery deliveries in India amidst Covid-19 lockdown

The aim here is to ensure last-mile delivery of essentials to households in India during the Covid-19 lockdown.

Amazon launches food delivery service in India

Amazon has been luring eateries with competitive commissions as a part of its larger plan to build a comprehensive product portfolio.

Swiggy starts home delivery of alcohol

To ensure safe delivery of alcohol and in compliance with applicable laws, Swiggy has introduced measures such as mandatory age verification and user authentication to fulfil orders.

Drip funding: Swiggy, Zomato settle for smaller cheques of $5-10 million

Food delivery companies take offers of $5-10 million in tough conditions.

Swiggy lays off 1,100 employees as Covid-19 derails Cloud kitchens

Swiggy said if someone's notice period is three months and they've spent five years with the company, they will get eight months of salary.

Paytm, Zomato, BigBasket, others could run into India’s great FDI wall

Chinese investors have emerged as the biggest backers of the country’s startup economy.

Uber approaches Grubhub with acquisition offer

The potential acquisition suggests that the Silicon Valley disruptor is doubling down on its fastest-growing service in a scramble to adapt to what is likely to be a long business interruption.

Uber pilots package delivery service in four cities in India

Users will be prompted to agree to package delivery terms and conditions, and after confirming that the item complies with those terms, users can request delivery.

New-age brands look for a direct connect with users

New-age brands in the grooming, hygiene, premium packaged foods and clothing space are expanding their online footprints beyond Amazon and BigBasket, moving supply chains from China to India and rejigging product portfolios due to the Covid-19 pandemic.

Covid-19: Orders on Zomato, Swiggy go down by 60%

Zomato said it has been operating at 30% delivery capacity. The company has also been facing issues across cities while delivering food despite being classified as an essential service.

Cipla Health partners Swiggy, Zomato, Dunzo for home delivery of OTC wellness products

A home-delivery system makes it very convenient and safe for customers to get access to the wellness products, which otherwise might be difficult due to these lockdown conditions, the company said in a statement.

Is it lockdown for startups?

With Covid-19 and automation, GoI’s one-time employment darlings could become prodigal liabilities.

Zomato smells opportunity in groceries, pings Grofers, BigBasket

This is a major step towards diversification and a move to keep demand high at a time when most businesses are registering a slowdown. Online food ordering has taken a hit in the past week with order numbers falling by as much as 20%.

Lockdown: Godrej Consumer partners Zomato, ShopKirana, Zoomcar for delivery of essential items

Earlier three FMCG makers - ITC Foods, Marico and Britannia - had announced partenships with several firms to get their products delivered at consumer's doorsteps by using the service of app-based aggregators.

GA scouts for early bets in Indian tech startups

General Atlantic manages $35 billion in assets across the world, and has been among the rare growth-stage funds to make several bets on fledgling companies in the domestic technology space.

Punjab government ties with Zomato, Amul, Swiggy, chemists for doorstep supply

Passes were also being issued to authorized vendors for the supply of essential goods, according to DGP Dinkar Gupta, adding that for home delivery of Medicines, in particular, necessary tie-ups are being made with the respective Chemist Associations, so that orders can be taken on phone and home delivery is accordingly undertaken.

As restaurants start shuttering, some entrepreneurs are trying to reinvent their business

The lockdown has also brought many high-end outfits down to the business of food delivery—fine-dining brands like Masque and Bombay Canteen, and hotel chains like Accor, Hilton, and Conrad, and Sheraton have started home delivery.

Swiggy, Zomato, others reach out to governments, offer last mile delivery assistance

Paytm said it will also contribute up to Rs 10 for every payment transaction using the Paytm app, and also give Rs 5 crore for innovators who are developing medical instruments or medicines to combat the virus.

Zomato elevates food-delivery CEO Mohit Gupta as founder

In an email addressed to employees on Sunday, Deepinder Goyal, CEO, Zomato said, “While the foundation of Zomato was built before Mohit Gupta joined us, he has been instrumental in strengthening it over the last two years.

Zomato, Swiggy ordered to shut down in several states despite centre’s intervention

Tamil Nadu and parts of Punjab, Uttar Pradesh, Gujarat, Goa, Chhattisgarh, Bihar, Assam, and Pondicherry have not allowed food delivery businesses to operate during the lockdown.

Covid-19: Zomato sets up funds for income-starved daily wage workers in India

For the current initiative, Zomato has partnered with various NGOs to make sure of responsible distribution of the meal kits bought by the funds while maintaining social distancing.

Some startups mandate Aarogya Setu, others remain wary

Last week, the ecommerce industry had proposed standard operating procedures to stem the spread of the virus, which included compulsory installation of the app by all of its on-ground staff, among other precautions.

Cashback, discounts drive up sales of quick-service restaurants; dine-in remains in slow burn

Large numbers of malls and casual and fine-dine restaurants either remain shut or are reporting negligible footfalls.

Flood of pink slips coming, warn startups

Much of the layoffs will stem from distress sales and company closures.

E-grocers like BigBasket, Grofers , others surge ahead on deliveries

Food-delivery apps Zomato and Swiggy, too, have doubled down on the grocery category since it began seeing an uptick in demand. While Swiggy was already present in the grocery delivery segment, Zomato tied up with Grofers to launch the services.

With $4 billion Chinese investment, desi startups wary of FDI-policy tweak

The move could lead to a further slowdown of FDI investments in an already tough year.

Infected pizza boy: E-orders drop 30%

One of the delivery boys of startup Dunzo said that he had got only three orders by Friday afternoon, which typically is around 10 by that time. “My colleagues are also seeing fewer orders,” he added.

Zomato lets go of exclusivity for cloud kitchens

The move — which essentially allows these restaurants to list on rival platforms such as Swiggy — underlines a major shift in strategy for Zomato.

Food delivery companies brace up to weather storm

Food delivery volumes are expected to take a further dent after a delivery staff tested positive for Covid-19.

Sharechat looking to acquire AI and ML startups

The company is already in discussions with few startups and is likely to close deals soon.

ShareChat names Manohar Charan as new vice president

He led a series of M&A transactions when he was with PropTiger, including acquisitions like Housing.com and Makaan.com.

Oyo sends letter to staff stating it's making all employees shareholders

In April, Oyo announced pay cuts and 'leave with limited benefits' options for its staff in India.

Zomato enters fintech space, launches co-branded credit card with RBL, Master Card

The more premium Edition card is priced at Rs 3,000 (exclusive of taxes). Apart from the basic features such as Zomato credits on every purchase, the card holders will get lounge access at certain domestic airports and will offered a global Gold membership.

AI startup Inspektlabs raises $600k Pre-Series A funding round from Better Capital & Titan Capital

Inspektlabs has so far inspected 100K cars in Japan, UK and India. As a response to COVID, Inspektlabs has also recently launched a new inspection product to ensure hygiene within cars as well.

Zomato acquires Uber Eats in an all-stock transaction

The all-stock transaction will give the US-based ride-hailing company about 10% shareholding in Gurgaon-based Zomato.

Food delivery companies share staff’s temperature readings

The move comes as these companies have started taking a series of measures to scale up hygiene practices with the coronavirus outbreak, and they look to win consumer trust.

Meesho, Shopclues, NoBroker, others enter online grocery space for survival

The foray into grocery and delivery of essentials have also been pushed by local governments and allows these businesses to get curfew passes to stay operational during the lockdown period.

Swiggy, Zomato, other food delivery cos growing appetite for a healthier bite

Swiggy and Zomato said they are doubling down on the health food segment while cloud kitchen operators such as Rebel Foods and Freshmenu have introduced new health brands on their platforms.

Chinese investments in Indian start-ups grow 12 times to USD 4.6 bn in 2019: GlobalData

There has been a 12 times growth of Chinese investments in startups over the past 4 years to $ 4.6 bn in 2019.

Orders go down as Zomato & Swiggy raise delivery fees

Over the last six to eight months, the two dominant players have also started passing on restaurant packing charges and certain taxes to consumers and cut down on losses per order.

Lite Bite Foods forays into cloud kitchens

The first kitchen is expected to go live in August 2020. Other locations will also include Pune and Hyderabad.

Zomato-Uber Eats deal to up appetite of global investors

Zomato acquired Uber’s food delivery business in India in an all stock transaction on Tuesday, which gives the ride hailing major a 9.99% ownership in the Gurugram-headquartered company.

BigBasket, others to resume delivery services in the capital

BigBasket also issued a statement announcing that they will be restart their services in Ahmedabad, Bangalore, Bhopal, Coimbatore, Indore, Mumbai, Mysore, Noida, Surat, Vadodara . But as the demand is very high there will be delay in services for upto a week.

Watch: Info Edge India's Sanjeev Bikhchandani on Zomato-UberEats $350 mn deal

Zomato on Tuesday announced that it has acquired Uber's Food Delivery Business in India in an all-stock deal and Uber will have 9.99 per cent stake in the Deepinder Goyal-led food delivery platform. ET NOW's Nayantara Rai caught up with Sanjeev Bikhchandani, founder and executive vice chairman of Info Edge India, second largest shareholder of Zomato on the $350 millions of UberEats deal. Listen-in!!!Watch: Info Edge India's Sanjeev Bikhchandani on Zomato-UberEats $350 mn deal

Zomato acquires UberEats India in all-stock deal, first big consolidation in food delivery space

Zomato on Tuesday announced that it has acquired Uber's Food Delivery Business in India in an all-stock deal and Uber will have 9.99 per cent stake in the Deepinder Goyal-led food delivery platform. According to sources close to the deal, it is in the range of over $350 million or nearly Rs 2,500 crore. Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the Zomato platform, effective from Tuesday.Zomato acquires UberEats India in all-stock deal, first big consolidation in food delivery space

Chinese-funded unicorns like Paytm, Ola face users' ire

Most of these mobile applications have seen over the last one week increasing comments and lowest possible ratings from consumers.

McDonald's India partners with Zomato for food delivery in Northern, Eastern region

Zomato's live order-tracking feature is streamlined with in-restaurant operation to provide the best experience for diners by delivering their food as hot and fresh as possible, the statement said.

Ant Financial places $150 million on Zomato table at $3 billion valuation

Zomato was last valued at $2 billion when it picked up capital last year after it sold its UAE delivery business to Berlin-based Delivery Hero for $172 million (Rs 1,220 crore) and separately raised $105 million.

The challenges of delivering orders in the times of coronavirus

Co-working spaces face a more daunting task as it has to monitor gig workers from multiple companies.

Akriti Chopra is Zomato Finance Head

The appointment of the chartered accountant comes nearly a year after its previous chief financial officer, Sameer Maheshwary, resigned from the company after having spent less than six months at the food delivery platform.

Food delivery platforms go the extra mile for last-mile fleet

Swiggy said it is taking proactive measures to help minimise the chances of spread of the coronavirus, and that it is training its delivery staff in best practices for respiratory hygiene.

Servicing gig economy workers pays off for a host of startups

Firms cater to the needs of the workers who miss out on regular employee benefits as they are not full-time staff.

Zomato frontrunner to acquire UberEats

Talks for the acquisition come even as Zomato is in the midst of raising capital where it has already got a commitment from existing backer Ant Financial for $200 million. The funding round will value Zomato over $3 billion, and a potential share-swap may also happen using that benchmark.

COVID-19 outbreak brings both orders and worries for startups

As demand for home delivery spikes, consumer internet firms are beefing up hygiene and safety measures for delivery agents and consumers.

Ed-tech firms go on hiring spree, look at creating 3,000 new jobs next year

This sector has attracted more than $1.5 billion of investments. The most recent investors include Facebook, Tiger Global, Matrix Partners and GGV Capital.

Swiggy, Zomato urge customers to move to digital payments

The option is, however, available only for those who have opted for a prepaid order and not cash on delivery.

It’s takeaway & deliveries that keep eateries up and running

Customer footfalls are at about 5-8% of the levels seen before the pandemic but are likely to go up in the next few weeks, restaurant chains said.

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