Flipkart, Swiggy-backer Accel eyes $700 million fund
The final size of the fund is still being decided, and Accel could end up raising more than its stated intention.
Startups should be allowed to list outside: Rajan Anandan
There are at least 10 to 20 companies which are ready to get listed if the governme...
Zomato frontrunner to acquire UberEats
Talks for the acquisition come even as Zomato is in the midst of raising capital where it has already ...
Indians ordered 95 biryanis per minute; falooda is the new favourite dessert this year
The humble khichdi witnessed a 128 per cent increase in orders this year.
Next big wave of technology Unicorn listings could be in India
Mohandas Pai said that liquidity and valuations shouldn’t be concerns for companies seeking to list, as the market is “flush with money” and India investors have shown a willingness to pay up for growth stocks.
Food firms feast on binge watching
Streaming services driving sales in food delivery, ready-to-eat, packaged food segments. The surge is more evident for restaurants, with fine-dining and quick service outlets reporting faster growth in home delivery, which has resulted in aggregators Swiggy and Zomato also reporting swift growth.
'In-principle agreement with Swiggy, Zomato on delivery'
The National Restaurant Association of India (NRAI) has said that there is an in-principle agreement between the association and the two major online delivery aggregators, Zomato and Swiggy to resolve the issues of the industry including deep discounts.
Swiggy, Dunzo open doors to dark stores to go hyperlocal
Swiggy and Dunzo have tied up with wholesalers for the first, while they have teamed up with Jumbotail for the second.
NRAI flags concerns with Swiggy, Zomato, other aggregators
Restaurants body says deep discounting and data masking hurting players.
Road, net shutdowns disrupt e-commerce
Among the many disruptions caused by multicity agitations against the citizenship Act is the effect on deliveries and orders of large e-commerce operators. While online food delivery business has suffered a hit of 25-30%, other online categories have seen a drop of 3-5%, said businesses.
Swiggy Go for instant pick up, dropping packages launched
Swiggy also said it will expand its on-demand delivery service - Swiggy Stores - to Bengaluru and Hyderabad.
ET Awards 2019: StanChart CEO, Prasoon Joshi remember Jaitley; Bandhan Bank's boss impresses Sachin Bansal
E Sreedharan's story also got a lot of appreciation.
Swiggy may cap its share at 25% of the total bill
Move to benefit small business owners, who do not have the leverage to seal better deals.
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.
Awign Enterprises raises Series A funding of $4 mn
"This round comes in at the right time where the aim is to invest in technology and touch more than 10 million lives within the next financial year," said Annanya Sarthak, Co-founder, Awign.
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