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Man asks Nagpur bakery if their cake contains egg, here's what the outlet sent him
India

Man asks Nagpur bakery if their cake contains egg, here's what the outlet sent him

Kapil Wasnik took to Twitter to post that he had asked the bakery to inform if the cake contains egg. The user added that he was left 'speechless' when he received the order

Explained: What is drone delivery and how does it work?
India

Explained: What is drone delivery and how does it work?

Online food-delivery company Swiggy is planning to use drones on a trial basis for its instant grocery service, Instamart, starting May

Zomato to Swiggy: In internet’s winner takes all model, innovation and growth take backseat
India

Zomato to Swiggy: In internet’s winner takes all model, innovation and growth take backseat

Sooner or later Zomato and Swiggy, the only ones left in the food aggregation business, will consider a merger. Because, they have a common shareholder, SoftBank

Byju's CEO Byju Raveendran pumps 50% of $800 million in latest fundraise
Business

Byju's CEO Byju Raveendran pumps 50% of $800 million in latest fundraise

The company has raised fresh funds at an enterprise value of $22 billion, which has increased by about 22 per cent from the last disclosed valuation of $18 billion.

Swiggy clocks over 9,000 orders, Zomato crosses 7,000 orders per minute on New Year's Eve
India

Swiggy clocks over 9,000 orders, Zomato crosses 7,000 orders per minute on New Year's Eve

Both platforms clocked over 2 million orders each, compared to the 1.3-1.5 million they usually clock in a day.

Swiggy announces two-day paid leave for its female delivery partners during menstruation
India

Swiggy announces two-day paid leave for its female delivery partners during menstruation

This move from Swiggy is an initiative to support and increase its women workforce

Swiggy, Zomata to collect GST from customers, fuel to stay of ambit: Key decisions
Business

Swiggy, Zomata to collect GST from customers, fuel to stay of ambit: Key decisions

Bringing the food-delivery apps under GST, the finance ministry clarified that no new taxes were being announced, and that the GST collection point was simply being transferred

Restaurant owner shot dead in Noida; police deny reports accusing Swiggy agent of murder
India

Restaurant owner shot dead in Noida; police deny reports accusing Swiggy agent of murder

Minutes after the incident, other restaurant employees and staff members rushed the owner to a nearby hospital where he was declared dead.

Zomato defends Hrithik Roshan ad, says aimed to make delivery agents 'the hero'
India

Zomato defends Hrithik Roshan ad, says aimed to make delivery agents 'the hero'

The company also said it wanted to convey that the public should talk respectfully to delivery partners and raise the level of dignity associated with them

Swiggy's revenues jump 115 percent to Rs 2,776 crore, losses up 61 percent to Rs 3,768 crore
Business

Swiggy's revenues jump 115 percent to Rs 2,776 crore, losses up 61 percent to Rs 3,768 crore

During the year under review, the company’s business grew by 85 percent. There was an addition of over 100,000 restaurants with an active delivery fleet of over 200,000.

Zomato, Swiggy start home-delivery of alcohol in Odisha; here's how to order online if age permits
Business

Zomato, Swiggy start home-delivery of alcohol in Odisha; here's how to order online if age permits

On-demand delivery platforms--Zomato and Swiggy, have now announced that they will start delivering alcohol in Odisha starting today.

Amazon India to add 50,000 temporary roles for warehousing, delivery network to meet surge in demand for products
Business

Amazon India to add 50,000 temporary roles for warehousing, delivery network to meet surge in demand for products

E-commerce major Amazon India on Friday said it will add 50,000 'seasonal' or temporary roles to meet the surge in online demand for products, particularly from those most vulnerable to being out in public in the backdrop of the coronavirus pandemic

Amazon enters Indian food delivery market, to compete against Zomato, Swiggy; starts operations in select parts of Bengaluru
Business

Amazon enters Indian food delivery market, to compete against Zomato, Swiggy; starts operations in select parts of Bengaluru

Amazon India on Thursday said it is launching its food delivery operations in select parts of Bengaluru, a move that will see the e-commerce giant compete against major players like Zomato and Swiggy in the country

Coronavirus Lockdown: Swiggy, Zomato start home delivery of alcohol in Ranchi; to add other cities over next couple of days
Business

Coronavirus Lockdown: Swiggy, Zomato start home delivery of alcohol in Ranchi; to add other cities over next couple of days

Swiggy, on-demand delivery platform, has enabled online processing and home delivery of alcohol through the ‘Wine Shops’ category on the Swiggy app

Office-sharing startup WeWork India lays off 20% of workforce as COVID-19 lockdowns weigh; eyes to be profitable by early 2021
Business

Office-sharing startup WeWork India lays off 20% of workforce as COVID-19 lockdowns weigh; eyes to be profitable by early 2021

In October last year, WeWork India’s chief shareholder Jitu Virwani had said the company would be profitable by end of 2020.

Coronavirus Lockdown: After Zomato, Swiggy sacks 1,100 employees as pandemic continues to hurt business
Business

Coronavirus Lockdown: After Zomato, Swiggy sacks 1,100 employees as pandemic continues to hurt business

Joining arch rival Zomato, food delivery platform Swiggy on Monday announced to lay off 1,100 employees, nearly 14 per cent of its workforce, spanning across grades and functions in the cities and head office over the next few days as Covid-19 continues to hurt its business across verticals, IANS reported

Startup community stares at fund crunch in absence of venture capital, reinvents businesses to survive economic slowdown
Business

Startup community stares at fund crunch in absence of venture capital, reinvents businesses to survive economic slowdown

The rapid global economic slowdown, India’s coronavirus lockdown of 1.3 billion people and an exodus of venture capital are testing a start-up community that has quickly become one of the world’s biggest, raising a record $14.9 billion last year

Swiggy co-founder Rahul Jaimini quits after 6 years but to continue as board member; to join edutech platform
Business

Swiggy co-founder Rahul Jaimini quits after 6 years but to continue as board member; to join edutech platform

Jaimini will be joining Pesto Tech, a career accelerator start-up, as their co-founder, Swiggy said in a statement.

Zomato to target alcohol deliveries, aims to cash in on demand for liquor post-coronavirus lockdown: Report
Business

Zomato to target alcohol deliveries, aims to cash in on demand for liquor post-coronavirus lockdown: Report

Zomato has already diversified into grocery deliveries as the restrictions on movement shuttered some restaurants and people hesitated to order outside food due to fears of catching the disease.

Indian tech-led startups attract funding worth $2.5 billion in first quarter of 2020, up 14% on-year: Report
Business

Indian tech-led startups attract funding worth $2.5 billion in first quarter of 2020, up 14% on-year: Report

Indian tech-led startups attracted funding worth $2.5 billion in the first quarter of 2020, a 14 percent rise compared to the same period last year, a report by research and consulting firm HexGn said