Friday, November 15, 2024

Food Delivery

Months after discontinuing its logistics service 'Xtreme' due to weak demand, foodtech giant Zomato is now reportedly set to overhaul the offering and launch it again in the market.According͏͏ to͏͏ ET,͏͏ Zomato's͏͏ Xtreme͏͏ is͏͏ undergoing͏͏ a͏͏...
The Andhra Pradesh Hotels Association (APHA) has announced a statewide boycott of food delivery apps starting on October 14. This͏͏ decision͏͏ is͏͏ a͏͏ response͏͏ to͏͏ what͏͏ they͏͏ describe͏͏ as͏͏ unethical͏͏ business͏͏ practices͏͏ that͏͏ are͏͏ significantly͏͏ impacting͏͏...

Rail Restro serves over 1 Crore passengers, launches free meal offer for first-time users

Rail Restro, the official food delivery partner of IRCTC, has reached a remarkable milestone by serving over one crore railway passengers throughout India. To͏͏...

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...

Arjun Kapoor backed Foodcloud.in plans major expansion: Aiming to onboard 50,000 home chefs and reach new cities

As the food delivery industry in India continues to boom, Arjun Kapoor backed Foodcloud.in, a platform connecting home chefs to consumers, has ambitious plans...

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...

Former junior staff at Swiggy embezzled INR 33 Cr; investigation underway

IPO-bound foodtech giant Swiggy disclosed in its annual report for FY 2023-24 that a former junior employee embezzled INR 33 crore over an extended...

QSR industry sees continued pressure on dine-in channel as delivery platforms gain ground

The quick-service restaurant (QSR) sector is facing a slowdown due to weakened consumer demand and a tough macroeconomic climate. A BNP Paribas India report...

Swiggy’s FY24 revenue soars 36% to INR 11,247 Cr; net loss nearly halves to INR 2,350 Cr

Foodtech giant Swiggy has reportedly recorded a 36% revenue growth, reaching INR 11,247 Cr in FY 2023-24, up from INR 8,265 Cr the previous...

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