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Food Tech

Foodtech giant Zomato's shares surged͏͏ to͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏ of͏͏ INR͏͏ 290.50͏͏ apiece͏͏ on͏͏ the͏͏ BSE͏͏ today͏͏ (September͏͏ 20),͏͏ propelled͏͏ by͏͏ a͏͏ broader͏͏ market͏͏ rally͏͏ that͏͏ saw͏͏ the͏͏ Sensex͏͏ and͏͏ Nifty50͏͏ also͏͏ reach͏͏ record͏͏ highs. The͏͏...
Sereko, India’s leading Psychodermatology Skincare brand, is making͏ s͏ig͏ni͏fi͏can͏͏t ͏str͏͏͏id͏e͏s͏͏͏ in ͏it͏͏͏s͏͏ ͏mis͏sion ͏t͏o ͏͏e͏͏n͏ha͏nce ͏access t͏o͏ hol͏istic sk͏͏͏͏͏incare sol͏͏uti͏ons. Th͏e brand͏ ha͏s par͏t͏͏͏n͏e͏͏͏red ͏with͏ TATA 1mg for ͏a͏͏ strate͏gic retail ͏͏ex͏p͏a͏nsion, launchi͏n͏͏g͏ in͏ 20 s͏t͏͏ore͏s͏...

Zomato faces fresh GST demand of INR 17.70 Crore from West Bengal authorities

Foodtech giant Zomato continues to struggle with tax issues, with West Bengal GST authorities now levying a fresh GST demand and penalty of over...

After Amitabh Bachchan, Madhuri Dixit acquires stake in IPO-bound Swiggy

Actor Madhuri Dixit is now the second Indian celebrity, following Amitabh Bachchan, to acquire a minority stake in the IPO-bound foodtech giant Swiggy. ͏I͏nv͏e͏s͏͏tm͏ent͏͏ ͏͏D͏͏͏eta͏i͏l͏s͏:͏...

Swiggy likely to have lower public market valuation than Zomato: Elara Capital

Brokerage firm Elara Capital anticipates that Swiggy will have a lower valuation than its competitor Zomato when it goes public. This expectation arises from...

Swiggy launches ‘Project Next’ to boost career growth for delivery partners and expand restaurant network

Continuing its expansion, foodtech giant Swiggy has launched Project Next, an initiative designed to offer career growth opportunities for its delivery partners and accelerate...

Modern Insulators acquires INR 5 Cr worth of Swiggy shares ahead of IPO

Modern Insulators, a listed manufacturer of porcelain insulators, is making a long-term investment of nearly INR 5 crore in Swiggy as the foodtech giant...

Zomato bans AI-generated images from restaurant menus to curb misleading ads

Foodtech giant Zomato has prohibited the use of AI-generated images on its restaurant partners' menus and marketing materials to curb misleading advertisements. Effective Monday (September...

Foodtech giant Swiggy to file DRHP this week

With reports suggesting an increase in the size of its initial public offering (IPO), foodtech giant Swiggy is now reportedly set to file its...

Zomato to settle INR 9.85 Cr GST case with West Bengal authorities

Already dealing with numerous GST notices, foodtech giant Zomato has opted to resolve a case with West Bengal GST authorities by paying INR 9.85...

Swiggy rolls out ‘Cafe’ to deliver snacks and beverages within 15 minutes

Following Zepto's lead, IPO-bound food delivery giant Swiggy has introduced 'Cafe,' offering snacks and beverages with a 15-minute delivery window. The service is currently available...

Zomato shares reach all-time high of INR 285.95 amid broader market rally

Shares of foodtech giant Zomato hit a new all-time high of INR 285.95 on the BSE on Thursday (September 12), buoyed by a broader...

Swiggy to increase IPO size, targets INR 5,000 Cr through fresh issue

With investor interest in Indian tech startups' public listings reigniting, food and grocery delivery giant Swiggy is contemplating an increase in the fresh issue...

IPO-bound Swiggy pilots large-order fleet in Delhi-NCR

IPO-bound Swiggy is testing a large-order fleet in the Delhi-NCR region, mirroring Zomato's approach. Sources reveal that the Bengaluru-based startup launched the pilot recently. E͏V...

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