MUMBAI: Mukesh Ambani’s Reliance Industries is all set to enter the quick commerce space to take on Zomato’s Blinkit, Tata Group‘s BigBasket, Swiggy‘s Instamart and Zepto. Reliance Retail’s JioMart could launch the service as early as next month, sources told TOI. To begin with, JioMart will deliver groceries in at least 7-8 cities and eventually … Read more
MUMBAI: In a boost for Swiggy, American investor Baron Capital has marked up the food delivery company’s valuation to about $12.1 billion as of Dec-end, US regulatory filings showed. This is 13% higher than the startup’s peak valuation of $10.7 billion at which it had last raised $700 million from Invesco-led investors in Jan 2022.The … Read more
Competition in India’s hyper-grocery market, also called quick commerce, may get more fierce. According to a report in TechCrunch, Walmart-owned Flipkart is planning to enter this popular ecommerce segment. With this service, Flipkart will be taking on Zomato’s Blinkit, Swiggy’s Instamart, Zepto and Tata Group’s BigBasket.Incidentally, the report comes about two weeks after a news … Read more
Swiggy has shared various funny posts, especially when the news is around Virat Kohli. On several past occasions, the app-based delivery has added a twist to Kohli’s post and the cricketer’s latest post on his son’s birth was no different.Kohli took to X (formerly Twitter) to announce the birth of his baby boy Akaay and … Read more
Smartphones are an integral part of any delivery executive as their occupation is heavily dependent on a good performance-driven device. Delivery partners use smartphones for multiple tasks including swiping orders and delivery confirmations, scanning barcodes, navigating maps and completing deliveries for customers in various sectors like e-commerce, pharma, food, groceries and more. Smartphone brands preferred … Read more
MUMBAI: Food delivery major Swiggy is letting go of about 350-400 employees or around 7% of its workforce as tech startups make attempts to check costs and move towards profitability, two sources aware of the development said. The tech teams and a section of the customer care department (specifically call centre) will be the most … Read more
Home Business Zomato Gets RBI’s Nod to Operate As ‘Online Payment Aggregator’ | Details Here Earlier this month, Zomato introduced a new feature called “daily payouts” to support emerging restaurant partners. Zomato Raises Platform Fee To Rs 4 In Major Cities After Record-breaking New Year Eve Orders Business News: Zomato, an online food delivery platform, … Read more
Zomato, Swiggy, and Blinkit significantly increased orders during the New Year celebrations. Deepinder Goyal, CEO of Zomato, announced on his X.com (formerly Twitter) that the platform had achieved the highest daily deliveries. Swiggy had more than one million active users on the app every hour, delivering more orders per minute than any other day. Swiggy’s … Read more
NEW DELHI: Brainbees Solutions, the parent company of omni-channel retailer FirstCry has filed draft initial public offering (IPO) papers with market regulator Securities and Exchange Board of India (SEBI) on Thursday. The IPO comprises an issue of fresh shares worth Rs 1,816 crore and an offer for sale (OFS) of 5.4 crore shares by existing … Read more
Rohit Kapoor, CEO, Food Marketplace, Swiggy, says” India is not one and there are consumers who look for different features, different benefits. The pocket hero for the value conscious consumer was launched in Gurgaon, but now it has been scaled up to other cities as well. There are multiple initiatives. We keep listening to consumers, … Read more