These platforms, which began as aggregators, are now competing directly with their restaurant partners by offering their own products.
The clarification settles a long-standing debate between platforms and the government over whether aggregators are liable to remit tax on delivery…
Swiggy's Q1 FY26 results showed a strong revenue growth of 54% year-on-year to Rs. 4,961 crores, but the net loss widened sharply to Rs. 1,197…
In its filing on Monday, the Gurgaon-based company confirmed that the order is linked to goods and services tax (GST) for the period between July…
While revenue continues to rise, escalating expenses and competition leave Swiggy in the red.
Eternal, the parent company of Zomato and Blinkit, reported a marginal rise in its cash balance during the first quarter of FY26, despite significant…
The food delivery sector in India is projected to grow by 13–14 percent in the coming years, with a steady-state EBITDA margin of around 5 percent,…
According to a regulatory filing, Ranjan will cease to be designated as senior management personnel effective 6 July 2025.
Rapido plans to offer a lower commission range of 8 to 15 percent to restaurants, compared to the 16 to 30 percent currently charged by the existing…
Customers will now pay ₹15 for delivery between 4 and 6 km if the order value exceeds ₹150.
Beginning May 16, Gold members will be subject to the same surge rain fee as regular users, a charge aimed at ensuring fair compensation for delivery…
This growth comes alongside a strategic shift from Gross Order Value (GOV) to NOV reporting, offering a clearer picture of customer spend after…
Zomato Instant was followed by Zomato Everyday, offering homestyle meals with short delivery times, but that too has since been removed from the app.
The latest leadership transition reflects Zomato’s strategic approach to navigating a maturing and increasingly challenging food delivery landscape,…
In an analyst call, Goyal said Zomato was already positive on cash flow with its adjusted EBITDA losses at Rs 150 crore and other income was Rs 170 crore in the first quarter of the ongoing fiscal.
After the sale, Tiger Global now holds a 2.77% stake in the company, the filing shows.
The department of consumer affairs directed e-commerce FBOs to transparently show consumers the breakup of all charges included in the order amount such as delivery charges, packaging charges, taxes, surge pricing etc.
UrbanPiper clientele includes brands like McDonald's, Pizza Hut, KFC, Subway, Cure Foods, Taco Bell, Rebel Foods among others.
If Zomato Instant works as envisioned, it will create significant impact on Affordability (at least 50% reduction in cost to the end customer), Accessibility (reduction of delivery time from 30 minutes average to under 10 minutes), and Quality.
The company also plans to use a part of the raised capital to introduce multiple ROI based models to help the F&B businesses scale.
“We deeply care about how we do, what we do. So, the first thing we told ourselves when we thought about instant food delivery was ‘no compromises’. We narrowed down to these eight principles around which we are building Zomato instant,” added the company
The proposed investment is subject to fulfilment of certain customary conditions precedent and other terms and conditions agreed under the investment agreement executed between the parties.
Starting Jan 1, food aggregators like Swiggy and Zomato will have to collect and deposit tax at 5 per cent rate.
Under Miki's leadership, the brand expect to increase their international scale, accelerate product development, and improve our investment efficiency.
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