Maharashtra FDA issues notice to over 100 outlets listed on food delivery apps
The notice was issued after FDA found out that these outlets had violated norms under the Food Safety and Standards Act, 2006.
Swiggy expands to 8 new cities in the country
These new cities include Dehradun, Puducherry, Mysore, Vijayawada, Nashik, Guwahati, Kanpur and Ludhiana.
Invesco Boosts Swiggy's Valuation to $8.3B in US Investment
In FY23, Swiggy incurred losses totaling about $545 million, marking an 80% surge from approximately $300 million in FY22.
Zomato Increases Platform Fee by 33 percent in Major Markets
The Gurugram-headquartered company implemented a uniform flat platform fee in August 2023, initially set at Rs 2 per order and subsequently raised to…
Zomato Refutes Acquisition Talks with Shiprocket Amidst Rumors
Zomato's CEO, Deepinder Goyal, dismissed reports of a $2 billion acquisition offer for Shiprocket, affirming that the company currently isn…
Swiggy's Pockethero: Affordable Dining Redefines Food Delivery
Users can explore Pockethero by accessing the Swiggy app, locating it within the Food category, conveniently positioned alongside the Offer zone.
Cakes by Flower Aura Teams Up with Swiggy & Zomato
The partnership between Flower Aura and these platforms is geared towards making their diverse range of cakes more accessible to customers, aiming to…
Anand Kripalu Joins Swiggy Board as Independent Director and Chairperson
Anand Kripalu's extensive experience in consumer goods will play a crucial role in steering Swiggy's innovation and evolution within India…
Zomato's Q2 PAT Hits Rs 36 Crore amid Soaring Revenues
During the current quarter, the revenue from operations amounted to Rs 2,848 crore, marking a significant increase from the Rs 1,661 crore recorded…
Softbank to Cut Stake in Zomato; May exit
Similarly, private equity firm Tiger Global, also sold its remaining 11.24 billion rupees stake in the company after cutting 2.34% stake last year.
  • By - Nusra
  • Oct 20, 2023 / 2 MIN READ
Zomato Join Hands with IRCTC for Delivery of Pre-ordered Meals
As part of this collaboration, IRCTC has initiated a Proof of Concept (PoC) at five prominent railway stations: New Delhi, Prayagraj, Kanpur, Lucknow…
  • By - Nusra
  • Oct 18, 2023 / 2 MIN READ
Swiggy Empowers Restaurant Owners with Over Rs 450 Crores in Capital Assistance
Swiggy’s Capital Assist Program which was launched in 2017 is a first-in-the-segment solution designed to bridge the financing gap and empower…
  • By - Nusra
  • Oct 04, 2023 / 3 MIN READ
Swiggy Launches Learning Station to Empower Restaurant Partners
The Learning Station is accessible to all the 3,00,000 restaurant partners. Aligning with its foundational values of curiosity and perpetual learning…
  • By - Nusra
  • Sep 13, 2023 / 3 MIN READ
Dil Foods Closes $2 Million Pre-Series A Funding to Revolutionize Small Independent Restaurants
The funding was obtained through a round led by V3 Ventures and Mount Judi Ventures.
  • By - Nusra
  • Jul 27, 2023 / 4 MIN READ
Swiggy initiates the 2nd Tranche of its Committed ESOP Liquidity Program Totalling $50 MN
Swiggy, which announced turning EBITDA positive in its food delivery business as of March 2023 successfully integrated Dineout and strengthened its…
  • By - Nusra
  • Jul 24, 2023 / 2 MIN READ


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