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Online food delivery platforms log just 7% spike in orders during IPL 2023
According to a recent report, online food delivery platforms experienced a moderate 7 percent increase in orders throughout the recently concluded Indian Premier League...
ONDC revamps incentive structure, imposes INR 100 limit on discounts for participants
The Open Network for Digital Commerce (ONDC) recently updated its incentive scheme for network participants, aiming to reduce reliance on discounts as a means...
Swiggy’s winning dish: Biryani reigns with a staggering 212 orders per minute during IPL 2023
IPL 2023 concluded with a thrilling finale between the Chennai Super Kings (CSK) and the Gujarat Titans (GT), providing fans with a nail-biting finish....
Swiggy braces for another top-level departure as SVP Anuj Rathi likely to leave
In a recent development, it has been revealed that Anuj Rathi, the Senior Vice President of revenue and growth at Swiggy, the renowned food...
Former Swiggy CTO Dale Vaz raises $7-10 Million in funding for promising wealth-tech startup
Dale Vaz, renowned for his role as the outgoing Chief Technology Officer (CTO) at Swiggy, has made waves in the startup ecosystem with his...
Swiggy faces another valuation setback as Baron Capital revises fair value to $6.5 Billion, second downgrade in a few months
Swiggy, the renowned food delivery decacorn, continues to face setbacks as Baron Capital, a US-based firm, has recently revised the startup's fair value to...
Chennai faces food and grocery delivery disruptions as gig workers strike for better pay and conditions
On Monday, certain areas of Chennai experienced disruptions in the delivery of food and groceries via online applications due to a strike initiated by...
Swiggy’s Instamart launches ‘Instacafe’ to diversify and boost profits
Swiggy's Instamart has entered the cafe market with 'Instacafe', mirroring its rival Zepto's 'Zepto Cafe' launch. This strategic move aims to boost Swiggy Instamart's...
Here is why listing your restaurant on Zomato and Swiggy can bring your super success!
In today's digital age, online food ordering has become a convenient and popular way for customers to order food from their favourite restaurants. With...
Take charge of your business: NRAI advises restaurants to embrace ONDC platform
During a recent townhall meeting, the National Restaurant Association of India (NRAI) reiterated its advice to members, stating that "Control is back in your...
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...
Swiggy takes a valuation hit as another investor trims stake, foodtech giant downgraded by 34% to $7.3 Billion
The trend of valuation reductions persists for Swiggy, a prominent player in the foodtech industry, as the company finds itself facing its third devaluation...