Food Delivery
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Swiggy’s strategic initiatives pay off as food delivery business turns profitable
Swiggy, the foodtech unicorn, announced profitability in its food delivery business for the fiscal year ending on March 31, 2023. CEO Sriharsha Majety confirmed...
Zomato transforms into Mazoto, honoring mothers worldwide on their special day
In a heartwarming tribute to mothers around the world, food delivery giant Zomato has rebranded itself as 'Mazoto' on the occasion of Mother's Day....
Swiggy strengthens marketing team with Aparna Giridhar as new Vice President
Swiggy, the renowned online food and grocery delivery platform, has recently named Aparna Giridhar as its new Vice President of Marketing. With 11 years...
Indian Restaurant Association takes on Zomato and Swiggy with launch of Waayu, a zero-commission food delivery app
The Indian Hotel and Restaurant Association recently launched an app called 'Waayu' that aims to provide a commission-free platform for food delivery. The app...
Zomato eyes B2B logistics service to enhance revenue streams amidst sluggish food delivery growth
As the food delivery industry experiences a decline in growth after the pandemic peak, Zomato is said to be preparing to launch a B2B...
ONDC sparks price war, threatens Zomato and Swiggy dominance in food delivery space
A price war has been sparked in the Indian food delivery industry, as a new government-supported ecommerce delivery platform poses a threat to the...
Swiggy doubles down on premium food delivery with Gourmet’s expansion to 31 cities
Swiggy, the food aggregator platform, announced on Thursday that it has extended its Swiggy Gourmet service, which offers premium food delivery, to 31 cities...
Online food ordering giant Delivery Hero anticipates continued growth acceleration throughout 2023
Delivery Hero, the German online food ordering and delivery company, has predicted single-digit percentage growth in gross merchandise value (GMV) for 2023. This forecast...
Thrive’s SaaS model disrupts food delivery with 3% commission, draws strategic investors and restaurant owners
Thrive, a foodtech platform, is disrupting the food delivery market by charging restaurants a commission of only 3%, which is significantly lower than the...
Food delivery giant Deliveroo launches internship programme for Indian students
Deliveroo, a food delivery firm based in the UK, has launched its inaugural internship program for college seniors graduating in India.The paid internship program...
Swiggy ventures into one-hour ecommerce delivery with Maxx, rivals Flipkart and Amazon in India
Swiggy, the major player in the food delivery industry, is currently exploring the ecommerce sector in India, which is largely dominated by established names...
Zomato’s growth projection for FY23-27 reduced to 21% by JM Financial, down from earlier prediction of 25%
Zomato, the popular food delivery firm, has been forecasted to achieve a compound annual growth rate (CAGR) of 21% during FY23-27, according to a...