Bike-taxi startup Rapido is the latest Indian startup to become a unicorn, meaning it reached $1 billion in valuation. The 8-year-old firm has raised $120 million in a new funding round led by WestBridge Capital, according to a regulatory filing. The new capital, a Series E infusion, underscores Rapido’s growing prominence in India’s mobility sector …
Food delivery giants Swiggy, BigBasket, and Zomato might soon start delivering low-alcohol drinks such as beer, wine, and liqueurs. According to a report by the Economic Times, several states including New Delhi, Karnataka, Haryana, Punjab, Tamil Nadu, Goa, and Kerala are considering pilot projects for this initiative. Industry executives have revealed that authorities are currently …
Food delivery companies Zomato and Swiggy have increased the platform fee they charge customers to Rs 6 per order in key markets like Bengaluru and Delhi. This represents an increase of 20% from the Rs 5 the two platforms were previously charging in these markets. In Bengaluru, Swiggy is currently also teasing a platform fee …
Swiggy The Karnataka High Court on Wednesday directed the Competition Commission of India (CCI) to take a fresh call on whether confidential data concerning Swiggy should be shared with a restaurant association, amid the examination of allegedly anti-competitive practices by Swiggy and Zomato [Swiggy Limited v. Competition Commission of India and ors]. Justice SR Krishna …
Mr Vaz’s post soon went viral and social media users loved the insights. Swiggy’s former chief technology officer Dale Vaz recently shared insights on scaling the food delivery app, emphasizing the importance of “loving the grind” when striving to build something great. “The truth is that scaling a business, an organisation, or tech platform is …
A post about variable pricing on Swiggy Instamart is viral (Photo Credit: X/ Prnv_B) Do you often use online platforms for the delivery of food and groceries? Among the most popular ones at present is Swiggy Instamart. Recently, a Bengaluru man took to X (formerly Twitter) when he noticed something rather strange when he was …
Food delivery company Zomato from 20 April onwards has increased the platform fee – it levies on its customers – by 25 percent to ₹5 per order, Economic Times quoted the Gurugram-based firm’s app as saying. According to the report, the platform fee has surged in cities like National Capital Region, Bengaluru, Mumbai, Hyderabad and …
The Indian Railway Catering and Tourism Corporation (IRCTC) has entered into a partnership with food ordering platform Swiggy to supply and deliver pre-ordered meals on trains. Indian Railways staff prepare a food trolley onboard a train in Mumbai. (AFP File Photo / Representational) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} IRCTC, which provides ticketing, catering, and tourism services …
The Indian Railway Catering and Tourism Corporation (IRCTC) has partnered with Swiggy for the delivery of pre-ordered meals booked by passengers through the corporation’s e-catering portal. During the initial stage, Swiggy will provide services to IRCTC customers at four railway stations – Bengaluru, Bhubaneswar, Vijayawada and Visakhapatnam. Also Read: Swiggy’s GMV reaches $1.43 billion in …
The board of directors of H&M Hennes & Mauritz AB has appointed Daniel Ervér, responsible for the brand H&M, as new President and CEO for the H&M group. He succeeds Helena Helmersson who has decided to step down as CEO and leave the H&M group. Daniel Ervér has worked within the H&M group for 18 …