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 deliv...
Zomato still resilient, Gold programme to stay
Talks with NRAI failed another time; No breakthrough with EazyDiner either.
NRAI, Zomato still at loggerheads on Gold programme
Last week, Zomato pulled down its contentious Infinity dining programme till further notice.
Eating out goes off customers’ menu as slowdown bites
Industry observers said the slump in sales exists across formats such as value and standalone and premium dining formats and has continued since April or even earlier.
UberEats to ride with its main app in India
The move will give customers an option to pick Rides or Eats with equal visibility — a prominent way to direct a rides customer to order food.
Swiggy in talks with South Korean funds to raise up to $500 million
The round is learnt to be led by Swiggy’s largest investor, South African internet giant Naspers. The exercise is expected to value the company at around $4 billion.
National Restaurant Association gets a new president
India's organised food service market is estimated to have touched Rs 1,48,353 crore in 2018-19, according to a report by the National Restaurant Association of India.
Swiggy lines up $100m to deliver milk, other essentials
Shreyas Nagdawane and Puneet Kumar, who started the company in 2015, are leading the business after the acquisition by Swiggy.
Restaurant body’s knives still out for Zomato
After a new Zomato move, food aggregators' logjam with restaurant owners has only deepened.
Food delivery companies looking to expand beyond metros, job opportunities to multiply
Around 560,000 are likely to be part of food delivery by March 31, compared with 500,000 now.
Govt summons Zomato, Swiggy & others over deep discounting, predatory pricing
DPIIT to hold talks today with Swiggy, Zomato, Foodpanda and UberEats, and restaurant associations.
Accel raises $550 million sixth India fund
One of the most prominent VC firms in Silicon Valley, Accel said it will continue to scout for early-stage deals across consumer internet, enterprise, financial services, healthcare, and Software as a Services (SaaS) startups. The Bengaluru-based Accel India’s $450 million fund saw 70% of its investments in the range of $2 million or less.
Naspers to bet on machine learning
Naspers has taken stakes in myriad businesses around the world to try and replicate its success with Tencent, which it backed as a startup 18 years ago.
Govt & entrepreneurs discuss the state of play in startup world
Union commerce minister, Piyush Goyal, has urged startups to work in a spirit of partnership with the government.
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