According to various reports, food delivery firm Zomato raised its platform charge by almost 43% before Diwali celebrations, from INR 7 to INR 10 per order, in order to "keep Zomato running" and preserve services during the holiday season. Similarly another media report cited that Swiggy, another major
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Due to a growing middle class, rising internet usage, and shifting lifestyles, India's food delivery market has experienced exponential growth in recent years. These startups guarantee that delicious meals will arrive at your door quickly, whether you are craving international or traditional Indian cuisine. The top ten food
According to the company's pre-listing prospectus, Swiggy, a food and grocery delivery service that is about to make its first public offering (IPO), gave its founders and senior management $271 million in employee stock options as part of its most recent stock-based compensation plan, which was implemented in
With the aim of effectively managing bulk orders, the food delivery startup Swiggy, preparing for an IPO, has formally introduced its XL electric vehicle (EV) fleet in Gurugram. This new service was launched on 5 September 2024, following a fruitful trial period throughout the holiday season. The debut of Swiggy
According to a media source, the foodtech giant Swiggy's cheating complaint against a former employee was recently forwarded to the Karnataka Crime Investigation Department (CID) for additional investigation. The investigation gained momentum once the business said that it discovered the former employee had conspired with 12 other individuals
"Project Next" is a career growth project that has been created by Swiggy, which is on its way to becoming an initial public offering (IPO). The company is looking to tap into the partner network to speed up the process of restaurant onboarding. By participating in this effort,
Zomato has become the first digital marketplace to address the issue of distinguishing between real and artificial graphics by announcing that it will prohibit the use of images generated by artificial intelligence in restaurant menus and promotional materials. According to Rakesh Ranjan, chief executive officer of Zomato's food
The Central Government has partnered with Swiggy, a fast-commerce and food-delivery company, to enhance internship and job possibilities, according to a statement released on September 7. An initiative was launched by the Bengaluru-based startup with the Ministry of Skill Development and Entrepreneurship to offer job opportunities and skilling within the
The auto ancillary company Hindustan Composite has purchased a minority share in the online food delivery company Swiggy, which is planning to go public shortly. In the days that followed the acquisition of a minority investment in the Bengaluru-based company by Amitabh Bachchan's family office, this new development
The media has reported that Amazon aims to launch its fast commerce service in India in the first quarter of 2025. The US-based eCommerce giant is refocusing its strategy to compete with rival Flipkart, which has just joined the fast-growing category with its 'Minutes' service. Amazon India has
With just over four months to go until the deadline, industry insiders have expressed doubts about the proposed 30% market share cap in the Unified Payments Interface (UPI) category, according to multiple media sources. Multiple newcomers to UPI have been informed, informally, that the limit is not going to be
A renowned media house has reported that food tech company Swiggy, which is preparing for an initial public offering (IPO), has expanded its service fee policy to incorporate the gross order value (GST plus packaging fees) for restaurants located outside of metro areas. As a result of the change, its