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Instacart’s revenue soars by 31% as it prepares for highly anticipated IPO
On Friday, Instacart, the grocery delivery app, announced a significant 31% increase in revenue for the initial half of this year. Simultaneously, the company...
Swiggy expands services: Table reservation feature to roll out in key Indian locations
Soon, the Swiggy app will introduce the convenience of reserving tables at restaurants. Under the ongoing pilot program, customers across Chennai, Ahmedabad, Jaipur, and...
Swiggy resumes IPO plans, aims for stock exchange presence by 2024
Food and grocery delivery firm Swiggy is reportedly back on track with its initial public offering (IPO) plans, as stated by a recent Reuters...
Zepto secures $200 Million in Series-E Funding, becomes first unicorn of 2023 with $1.4 Billion valuation
Zepto, the online grocery delivery startup, has raised $200 million in its Series-E funding round. This funding has led to a company valuation of...
Zomato faces 4% share drop as speculation grows on SoftBank’s stake sale
According to a report from CNBC-TV18, sources have indicated that Zomato's shares experienced a decline of approximately 4 percent on Friday. This drop was...
PVR INOX Director’s Cut launches new culinary lineup with Middle Eastern and Rajasthani influences
Over the past decade, a remarkable metamorphosis has overtaken the landscape of movie theaters. The era of mere popcorn and soda has faded into...
Reliance partners with Oberoi Hotels to elevate luxury hospitality across India and the UK
Reliance Industries, on Thursday, unveiled a partnership with The Oberoi Hotels and Resorts (Oberoi) to collaboratively oversee the operations of three properties spanning across...
Taco Bell franchisee DRG set to open new Cantina location in San Jose, offering unique dining experience with alcoholic beverages
DRG (Diversified Restaurant Group), a well-known major franchisee of Taco Bell, boasting a collection of 325 establishments, is on the verge of opening its...
Mars targets health-conscious consumers with new high-protein, low-sugar snickers bars
Mars Chocolate Drinks & Treats is broadening its selection of protein-infused items by introducing the Snickers Hi Protein Low Sugar and Snickers Hi Protein...
UK supermarket Asda initiates new round of price reductions amidst ongoing food inflation decline
On Thursday, Asda, a British supermarket, joined the ranks of its competitors, Ocado Retail and Sainsbury's, in revealing a new series of price reductions....
Subway franchise acquired by Roark Capital in a whopping $9.55 Billion deal
The well-known sandwich franchise, Subway, has recently been acquired by the private equity firm Roark Capital in a transaction amounting to $9.55 billion. This...
AB InBev India reports 30% surge in H1 2023 sales, eyes continued growth in premium beer market
Anheuser-Busch InBev (AB InBev) India has registered a 30 percent upsurge in sales during the initial half of 2023, accompanied by positive growth in...