Sunday, November 24, 2024

swiggy

QSR chain Charcoal Eats secures INR 45 Cr funding, eyes rapid expansion and international growth

Charcoal Eats,͏ a quick s͏e͏rvice res͏tau͏rant ͏chain, ͏has͏ secured͏ ͏I͏NR 45͏ cro͏re ͏in f͏und͏i͏ng fr͏om a ͏group ͏of in͏v͏es͏to͏rs le͏d by͏ Girish Patel,͏ the...

Delhivery and Xpressbees eye quick commerce entry amid surging demand

Logistics startups Delhivery and Xpressbees are reportedly expanding ͏their servi͏ces beyond catering s͏ole͏ly to ecommerce orders. This move comes͏ in re͏sponse t͏o the...

Swiggy Instamart launches ‘Handpicked’ collection featuring fresh local delights and gourmet treats

India’s leading quick commerce platform, Swiggy Instamart has introduced "Handpicked," a carefully curated selection of fresh, high-quality products. This new addition aims to provide...

Indian consumers embrace 10-minute grocery apps, squeezing small retailers out of competition

In a suburban neighborhood of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse, hustle to fulfill orders within a 10-minute window. Their efficiency is monitored...

Food delivery and e-commerce giants ramp up measures to protect delivery partners amidst sweltering heatwave

With large parts of India experiencing a heatwave and several cities recording higher-than-normal temperatures, food delivery and e-commerce platforms have introduced various measures to...

Baron Capital raises IPO-bound Swiggy’s valuation to $15.1 Billion

Baron Capital, a US-based asset manager, has marked up the valuation of Swiggy to $15.1 billion, as indicated in regulatory filings with the US...

Swiggy’s revenue from food delivery, Instamart reaches INR 7,800 Cr in FY24

IPO-bound Swiggy Ltd. saw a 35% increase in revenue from its top two businesses—food delivery and the quick-commerce unit Instamart—in FY24, along with a...

Zomato mulls revival of lending business, enters talks with NBFCs for merchant lending

Zomato, a major player in the foodtech industry, has reportedly initiated discussions with various non-banking financial institutions to offer working capital loans to its...

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