Saturday, December 14, 2024

Food Delivery

Swiggy, a leading foodtech company, has reported a consolidated net loss of INR 625.53 crore in the September quarter (Q2) of the financial year 2024-25 (FY25). This represents a 4.78% decrease from the INR 657 crore loss...
Zomato continues to dominate the food delivery segment with a 58% market share in the June quarter of FY2024-25, according to a report by Motilal Oswal.Swiggy captures 42% of food delivery marketIts rival Swiggy, which recently...

10-minute food delivery startup Swish raises $2 Mn in seed funding

Just three months after its incorporation, Swish, a 10-minute food delivery startup, has secured $2 million in seed funding led by venture capital firm...

Zomato set to relaunch logistics service ‘Xtreme’ with revised strategy

Months after discontinuing its logistics service 'Xtreme' due to weak demand, foodtech giant Zomato is now reportedly set to overhaul the offering and launch...

Andhra Pradesh Hotels Association to boycott food delivery apps from October 14

The Andhra Pradesh Hotels Association (APHA) has announced a statewide boycott of food delivery apps starting on October 14. This͏͏ decision͏͏ is͏͏ a͏͏ response͏͏...

IPO-bound Swiggy launches EV fleet for bulk orders in Gurgaon

As part of its aggressive push ahead of its public listing, the firm Swiggy has launched a bulk ordering service called Swiggy XL EV...

BharatPe integrates ONDC to offer food ordering and delivery services

Days after rebranding its Postpe app to BharatPe, the fintech giant has integrated the government-backed Open Network For Digital Commerce (ONDC) to enable food...

Suniel Shetty-backed WAAYU joins ONDC, aims to boost restaurant orders with zero-commission model

Actor Suniel Shetty-backed no-commission food delivery platform WAAYU has joined the government-backed Open Network for Digital Commerce (ONDC) as a seller marketplace. ͏͏The ͏mov͏e...

Ordering via food delivery aggregators costs INR 9,000-11,000 Cr annually: Report

Ordering food through delivery aggregators ͏a͏dd͏͏s͏ ͏͏an ͏est͏im͏a͏͏t͏e͏d͏ I͏N͏͏R 9͏͏͏͏,͏000-͏1͏1,0͏00͏͏ c͏r͏o͏re in͏ e͏xtr͏a͏ co͏͏͏st͏s ͏͏a͏n͏n͏u͏ally ͏͏o͏͏n͏ aver͏age͏͏, a͏ccor͏d͏͏͏ing ͏t͏͏o ͏͏a ne͏w re͏͏͏port o͏n t͏he...

Zomato expands partnership with IRCTC, now delivers food to train passengers at 100+ stations

Foodtech giant Zomato has expanded its partnership with the Indian Railway Catering and Tourism Corporation (IRCTC), now providing food delivery to train passengers at...

MSDE partners with Swiggy to offer skilling and employment opportunities for 2.4 Lakh delivery partners and restaurant staff

The Ministry of Skill Development and Entrepreneurship, in collaboration with Swiggy, has launched an initiative to offer skilling and employment opportunities within Swiggy's food...

Swiggy introduces ‘Incognito Mode’ for discreet ordering

Foodtech giant Swiggy has introduced an ‘incognito mode’ feature, allowing users to place orders privately on its food delivery and quick commerce platforms.The new...

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