Amazon, Swiggy employees to work from home amid COVID-19 crisis
Swiggy, whose delivery service will continue, has over 7,000 corporate employees, while Dailyhunt has about 500 employees and KhataBook has 80.
Swiggy partners with restaurants to launch exclusive delivery brands
Swiggy currently has 100 such brands on its platform that were co-create...
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 under...
Post Covid-19, consumer goods to shine with PE/VC investors
It is expected that once the market starts recovering it might unearth golden opportunities in the future for sectors such as consumer goods due to changing consumer preferences.
Pandemic gives Swiggy, Grofers, Amazon's hyperlocal models a new lease of life
E-commerce companies and other delivery-based businesses are forging partnerships with physical stores to fulfil increased orders at a time when customers are buying essentials in large quantities.
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 urge...
Is it lockdown for startups?
With Covid-19 and automation, GoI’s one-time employment darlings could become prodigal liabilities.
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.
Rapido launches on-demand p2p delivery service- Rapido Box
The company will leverage its fleet of Captains to ensure quick and prompt deliveries across three cities - Bangalore, Kolkata and Hyderabad.
Samsung Venture Arm may deliver $10 million to Swiggy
Last week, Swiggy announced that Naspers had led a $113-million funding round, which is part of a larger $150-million fundraise being undertaken by the company, with the South African investor alone putting in about $100 million.
Rapido turns to hyperlocal delivery now
Rapido is targeting garnering a quarter of its revenues from its logistics venture, up from 10% earlier.
Avail Finance raises $11.5 million in Series B round led by Falcon Edge
Matrix Partners will hold 26.4% in Avail Finance, while Alphawave has picked up 11.5% in the company following the funding.
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.
SeedToScale lessons from US venture capital firm Accel
The platform offers a playbook for startup founders to scale up their operations.