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Zomato and Swiggy prioritize order frequency to drive growth amid slow user acquisition
A slowdown in user addition over the last few quarters has led online food-delivery platforms Zomato and Swiggy to prioritize increasing the frequency of...
From Behrouz to Biryani by Kilo: Companies cash in on India’s biryani frenzy
Biryani has become the most ordered and beloved dish on online platforms, with its demand continuing to rise this year. This surge in popularity...
WickedGud diversifies product portfolio, launches healthy Cup Noodles on Swiggy Instamart
WickedGud, the FMCG brand dedicated to offering healthier food choices in India, has unveiled its newest addition, Cup Noodles. The debut on the retail...
Prosus’ new CEO eyes collaboration opportunities between Swiggy and Delivery Hero
Prosus' soon-to-be CEO, Fabricio Bloisi, sees potential for collaboration and synergy between portfolio companies Swiggy and Germany's Delivery Hero.Prosus holds the largest stake in...
Axis Capital initiates coverage on Zomato with ‘buy’ rating, sets price target of INR 254
Axis Capital, a brokerage firm, has initiated coverage of foodtech giant Zomato with a 'buy' rating, noting that the company provides a "compelling investment...
Swiggy rolls out Mobile Medical Units and Teleconsultation for delivery partners
Swiggy has introduced two new initiatives to enhance the health and well-being of its delivery partners starting this summer. Collaborating with Dial 4242 and...
Quick commerce grabs 35% share of FMCG online sales in FY24, doubling within a year
Major consumer goods companies like Hindustan Unilever (HUL), Dabur, Adani Wilmar, and Parle Products reported that the contribution of quick commerce to their overall...
Meat delivery startup Zappfresh gears up for IPO with transition to public entity
Zappfresh, a Delhi-NCR based meat delivery startup, has undergone a significant transformation, now positioning itself as a publicly traded company in preparation for its...
Zomato to expand ‘Everyday’ home-cooked meal service to Bengaluru and Mumbai following successful launch in Gurugram
After successfully launching its home-cooked meal service 'Zomato Everyday' in Gurugram, foodtech major Zomato is now planning to expand and scale the service in...
Pluckk hits INR 100 Crore ARR milestone in FY24, set to triple growth in FY25
Through Pluckk, the Essar group has ventured into the food and beverage segment, rapidly establishing itself as a significant player in the category over...
Mumbai resident beats the heat with 310 ice cream orders in 45 days via Swiggy!
As May unfolds, several cities across India are experiencing soaring temperatures, with hopes pinned on sporadic showers to bring some respite from the heat.According...
Fast-food chains pin hopes on gradual demand recovery amid soft market conditions
The fast-food industry faced significant underperformance in the previous fiscal year. Following a strong performance in fiscal 2022 and the first half of fiscal...