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Antfin Singapore mulls selling 2% stake in Zomato for INR 2,800 Cr amid surging share prices
Amidst a notable surge in Zomato's share prices, China's Ant Group's arm, Antfin Singapore Holdings, is reportedly considering selling off up to a 2%...
Swiggy & IRCTC join forces to offer food delivery service on trains
Swiggy, the food delivery platform, has announced a partnership with the Indian Railway Catering and Tourism Corp (IRCTC) to deliver pre-ordered meals to travelers...
Zomato’s shares reach record high of INR 175.5 amidst bullish market sentiment
Zomato, a major player in the foodtech industry, saw its shares surge to a record peak of INR 175.5 during early trading on the...
Zomato’s bull run continues: Stock jumps 5%, setting new record peak
Foodtech major Zomato's stock soared by as much as 4.67 percent, reaching a fresh record peak of INR 173.45. This surge is attributed to...
ONDC sellers uneasy as Pai Platforms broadens reach through Bitsila deal
The acquisition of the ecommerce platform Bitsila by Pai Platforms, formerly known as Paytm E-commerce, has raised concerns among participants in the seller network...
Zepto launches Zepto Pass membership program for all users, offering exclusive benefits
On Thursday, Zepto, the quick-commerce unicorn, unveiled a membership program called Zepto Pass for all of its users.Snackfax reported on February 19th that the...
Businesses should nurture startups without seeking ownership, says Zomato CEO Deepinder Goyal
On Tuesday, Deepinder Goyal, the founder and CEO of Zomato, emphasized the importance for established businesses to support and foster startups without the aim...
Food delivery app surge leaves QSRs struggling with revenue and margins amidst fragmented sales: BNP Paribas Report
With the exponential surge of food delivery apps like Zomato and Swiggy, quick service restaurant operators are grappling with significant challenges, as outlined in...
Indian cricketer Deepak Chahar slams Zomato over failed delivery; company apologizes amidst backlash
Team India and Chennai Super Kings' fast bowler Deepak Chahar took to social media on Saturday to express his dissatisfaction with food delivery service...
Swiggy prepares for IPO with name change to Swiggy Private Limited
IPO-bound Swiggy is set to change its registered name from Bundl Technologies Private Limited to Swiggy Private Limited, following a resolution passed earlier this...
IRCTC partners with Swiggy for pre-ordered meal deliveries at railway stations
After Zomato, the Indian Railway Catering and Tourism Corporation (IRCTC) has collaborated with rival Swiggy for the distribution and delivery of pre-ordered meals through...
Quick-commerce unicorn Zepto launches Zepto Pass membership program
Zepto, the quick-commerce unicorn, is experimenting with a membership program called Zepto Pass.Priced at INR 99 per month, the membership offers unlimited free deliveries...