The 'Food on Train' service, which Swiggy offers for food delivery and fast commerce, was expanded on February 26th. It worked with IRCTC to provide service to 152 stations in India over the course of a year. The increasing desire for different culinary options across the country is
The aviation company LAT Aerospace, funded by Deepinder Goyal, has expanded into the defence tech industry through the acquisition of Sharang Shakti, an early-stage business. Along with its long-term goal of producing a civil aircraft platform, LAT Aerospace is making its first attempt at constructing indigenous defence capabilities, according to
As part of their joint global AI infrastructure effort, Stargate, OpenAI will be the first customer of the data centre business in India. The collaboration will be starting with 100 megawatts of capacity, according to Tata Consultancy Services and OpenAI. Major investors have sponsored Stargate, a $500 billion, multi-year plan
On February 17th, the food delivery firm announced that it has deepened its strategic partnership with OpenAI in order to boost its AI capabilities company-wide. A number of its partner platforms and internal systems, including Zomato, Blinkit, District, and Hyperpure, will be improved by the AI. The partnership will centre
The leadership shift that was announced last month has been finalised with the official confirmation of co-founder Deepinder Goyal's resignation as managing director, chief executive officer, and director by Eternal Ltd (formerly Zomato Ltd). On February 6, the company complied with SEBI's listing criteria and notified
In preparation for its initial public offering (IPO) in India, roll-up commerce business BRND.ME plans to move its headquarters from Singapore to India by March. It will be done once the firm completes a critical regulatory challenge. Swaggy, Instamart, and Zepto are private label powerhouses, but CEO Ananth Narayanan
The Union labour minister's proposal to remove the "10-minute" delivery guarantee from the branding and advertising campaigns of rapid commerce (qcom) platforms was made in good faith, according to Aadit Palicha, founder and CEO of Zepto. After meeting with Labour Minister Mansukh Mandaviya, Palicha posted on
India demands that rapid commerce companies abandon their 10-minute delivery claim. The demand was raised amid growing worries that the extremely tight deadlines are deteriorating the safety and working conditions for gig workers. According to various media reports, Federal Labour Minister Mansukh Mandaviya met with executives from major instant delivery
According to Deepinder Goyal, founder and CEO of Eternal, the parent company of Zomato and fast commerce platform Blinkit, the food delivery platform Zomato fires about 5,000 gig workers every month due to fraud cases, while between 1.5 and 2 lakh workers quit the platform voluntarily. Goyal claimed
With 53 million distinct transacting clients, Flipkart Minutes, the company's fast commerce platform, saw a 16X increase in the second half of the year. Flipkart Minutes saw significant growth during the holiday season, with demand for products like jewellery, high-end gadgets, home décor, and mobile phones increasing by
One of the biggest cash piles in the nation's consumer internet market is currently supporting India's quick-commerce development, but the figures conceal a significant shift of capital during the previous 12 months. According to market financial research, after spending close to INR 9,000 crore between
Zepto, a platform for quick commerce (qcom), has used slotted delivery in a few places. Instead of relying just on immediate delivery, the function enables customers to arrange their orders for a particular time window. It is presently undergoing pilot testing in a few places, such as Bengaluru and Delhi.
Zepto, a rapid commerce (qcom) platform, has begun trial testing two additional products in an effort to diversify its offerings and break into new markets. It is now trialling Super Mall, a new vertical for high-value and luxury products, and Zepto Diagnostics, an in-app diagnostics solution within its pharma sector.
Swiggy has now made its travel and lifestyle concierge service app Crew available to users in three major cities: Bengaluru, Mumbai, and Delhi, following a trial test. It coincides with the online grocery and meal delivery platform's aggressive expansion outside its primary functions of expedited commerce and food
The food delivery service Swiggy, based in Bengaluru, said on November 7 that its board had authorised the funding of up to INR 10,000 crore through private or public offers, including qualified institutions placement (QIP) or other acceptable methods. Subject to regulatory and shareholder clearances, the business stated in
The competition for food delivery in India is intensifying once again, and the results of this quarter highlight the disparity more than before. Rival Zomato (Eternal) is booming with record revenues, while Swiggy continues to report growing losses despite robust revenue growth. Fast commerce platform and food delivery On October
JioMart, the digital commerce division of Reliance Retail Ventures Limited (RRVL), announced on October 17 that it had extended "quick" deliveries to over 1,000 cities. Alongside its Q2 FY26 results, RRVL released a statement stating that its "quick" delivery operations now cover more than 5,
Swiggy, a meal delivery and fast grocery platform, announced that its board has authorised the process of selling and transferring its rapid commerce (q-commerce) business, Instamart, through a slump sale to Swiggy Instamart Pvt Ltd, an indirect, step-down, fully owned subsidiary. According to the stock filing, on September 23, 2025,
In a block deal on 26 August, BNP Paribas Financial Markets purchased 10.12 Cr shares of Zomato parent company Eternal and sold 2.69 Cr shares of rival Swiggy. According to NSE records, BNP Paribas paid INR 318.1 per share for Eternal shares, making the acquisition worth approximately
Eternal, the owner of the Zomato and Blinkit brands, has been subject to three notices from the Goods and Services Tax department. The orders amount to more than INR 40 crore in tax demands, including interest and penalties, as reported by PTI. According to the report, the Joint Commissioner-4 Bengaluru
A tax demand and penalty order totalling INR 1.34 Cr for the fiscal year 2021–2022 has been issued to Eternal, a food delivery and rapid commerce company. Tax Order Issued by Lucknow Authorities According to a stock exchange filing by the firm, which owns Zomato and Blinkit, the
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In India, festivals are where cherished traditions meet heartfelt connections, and Raksha Bandhan perfectly captures that beautiful sibling relationship! From childhood memories to today's loving teasing, this festival celebrates every aspect of the brother-sister bond. Rakhi is just around the corner, and we're just as excited
Due to fierce competition in the market, BigBasket, a fast commerce platform supported by Tata Digital, witnessed a decline in yearly income in the fiscal year that ended in March 2025. BigBasket's B2C division, Innovative Retail Concepts, had a 3% decline in turnover from INR 7,885 Cr
The well-known foodtech company Eternal (previously Zomato) is establishing Blinkit Foods Limited as a new wholly owned subsidiary. "Blinkit Foods will be involved in the business food services, including innovation, preparation, sourcing, sale, and customer delivery of food," the company stated in an exchange filing. The proposed authorised