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Ant Financial may lead $600 million funding in Zomato
Last week, Zomato said its revenue for the first half of the ongoing financial year jumped more than three-fold to $205 million, compared with $63 million in the year-ago period.
NRAI sees dark clouds over Swiggy's kitchen hubs
The National Restaurant Association of India (NRAI) conveyed this in a letter earlier this w...
Startup funding jumps 25% amid ‘bubble’ fear
The data increasingly indicates that the boom in financing is being led by midand late-stage rou...
Swiggy join hands with Bounce for bike taxi pilot
The pilot started about two months ago with Swiggy’s delivery personnel using Bounce’s app to pick up and drop customers when food delivery orders are low.
Zomato logs 225% surge in revenue in first half of 2019
The company has also witnessed over three-fold jump in revenue to Rs 1,458 crore for April-September 2019.
Telling stories through audio to ‘Mann ki Baat’, the rise of podcast in India
Mann Ki Baat has been generating a revenue of Rs 5 crore for AIR every year for the last four years.
Government of India’s policy on delivery drones taking wing
DGCA has taken significant steps in firming out govt’s policy on allowing drones for commercial purposes.
Plastic is now on your boss' KRA
Several cos are introducing measures to eliminate use of single-use plastic, the aim is to be plastic neutral.
Amazon readies new spread to lure eateries away from Zomato, Swiggy
The etailer’s food delivery service is set to be launched from around Diwali, under the brand ‘Amazon Restaurant’.
FHRAI comes down hard on Zomato, Swiggy & others, warns of nationwide protests
In a letter to Zomato, Swiggy, Nearbuy, Dineout Prius Heights, EasyDiner and Magicpin the Federation has pointed out to the unethical business practices and has called for review of all their schemes.
India remains the No 1 focus for Naspers: Group CEO Bob van Dijk
South African firm has ploughed $4 billion into India over past five years, making it the second largest internet investor after SoftBank.
Uber Ex-CEO Kalanick grabs slice of Behrouz biryani parent
Food is prepared through a network of tightly-packed kitchen spaces in affordable locations, far from the bustling high streets that restaurant brands favor.
Internet companies team up to tackle e-fraud
Seven leading internet companies are banding together to save their consumers from the rising menace of cyber frauds being carried out by duping innocent users, where the money is being siphoned off from their accounts.
Plastic ban may leave bitter taste for food delivery
Modi government's ban on single-use plastic will drive up operating costs for food delivery businesses.
Zomato still resilient, Gold programme to stay
Talks with NRAI failed another time; No breakthrough with EazyDiner either.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service
