Uber Eats focuses on aggressive expansion in India
The company said it has added thousands of restaurant partners across the 44 cities it operates in here. "We are aggressively looking at expanding our presence in the country,” Uber Eats Head of Operations India and South Asia Bansi Kotecha told.
Will Swiggy's non-food bet deliver right dividends?
Swiggy’s plans were rooted in a tenet integral to building a habit-forming product: acqui...
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, ...
Gold hasn’t lost shine: Zomato CEO Deepinder Goyal
The Zomato CEO said the number of establishments registered on Gold has increased about 6% since August.
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.
The Economic Times India dialogues: Gig economy not best model for job creation
India is still struggling with realising the full potential of its demographic dividend. Though, the gig economy employs millions of people, these are the first kind of jobs that are far more likely to be eliminated or automated.
Zomato halves cash burn to $20 million in October
Sanjeev Bikhchandani, executive vice-chairman of Info Edge, said he was confident that Deepinder Goyal-led Zomato would not only defend its turf, in the face of an anticipated entry by Amazon into the space, but also grow in the face of increased competition.
Pesto: The startup that has found a way to boost skills & incomes of techies
There's a new and rapidly growing trend in upskilling — income sharing agreement (ISA). These are training and skilling programmes that take a fee from you only when you get a job, usually with a guaranteed income threshold. Pesto is a startup that is pioneering the concept in India. It conducts a three-month boot camp in Delhi for software engineers.
Flipkart leads $60 million round in logistics startup Shadowfax
The companies did not disclose the transaction value, but sources briefed on the matter told ET that the investment valued Shadowfax at about $200-$250 million, and is also likely to see other new investors join in.
Uber Technologies will not dial down on its food delivery service-Uber Eats in India
Earlier this month, ET reported that Uber’s food delivery service has seen a significant churn in leadership, with two top executives — India chief Bhavik Rathod and head of central operations, Deepak Reddy — resigning.
Take three: Flipkart’s $100+ million online grocery bet in India
In its third big shot at online food and grocery, Flipkart pieces together the legs of its strategy through two big investments in seven days — Shadowfax and Ninjacart.
Gig economy weighs impact of social security for workers
The government has proposed changes which would ensure gig workers get life and disability cover, health and maternity benefits, old age protection and any other benefit it may determine as helpful. The benefits have not been clearly defined yet, which is making companies anxious as they fear their operational costs will jump.
Swiggy, UberEats can’t tally numbers for a deal
Food delivery firms fail to agree on financial terms and taxation clauses of proposed deal; merger talks on hold
Swiggy drives into on-demand product delivery
Swiggy will be offering products from more than 3,500 stores including 200 prominent brands like Le Marche, Needs Supermarket, Licious, Zappfresh, MomsCo, Apollo and Guardian Pharmacy.
Doodhwala comes via FreshToHome
Shan Kadavil, the chief executive of FreshToHome, said his company had not acquired Doodhwala and had instead provided a migration path for its customers.
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