Page 16 - Udisha Srivastav

Swiggy Bolt expands to 500 cities as Zomato shuts down 'Quick' service

Swiggy Bolt now handles one in every ten food orders on the platform, marking rapid expansion even as rival Zomato discontinues its instant delivery service 'Quick'

NRAI dials Rapido to challenge dominance of Swiggy, Zomato in food delivery

Initially launched as a ride-hailing platform, Rapido is eyeing to enter food delivery to challenge the dominance of Swiggy and Zomato

Zomato's parent Eternal Q4 net profit falls 78% to ₹39 cr, revenue up 64%

The company's revenue for the quarter rose 63.7 per cent year-on-year (Y-o-Y) to ₹5,833 crore in Q4, up from ₹3,562 crore a year earlier

Anmol Jaggi-linked company bought luxe apartment in DLF Magnolias

Anvi Power Investments, a company in which Anmol Jaggi is a director, bought a ₹32 crore apartment at The Magnolias, an uber-luxury project in Gurugram and also of DLF

Eternal shuts instant food-delivery service Quick; delists 19K restaurants

As for restaurants that have been delisted, they either did not pass hygiene standards, were mimicking established brands and misleading customers, or were operating multiple identical menu listings

Househelp in 10 minutes? Q-com model to the rescue for domestic chores

The instant househelp service offers a way to formalisation in the sector, the second highest employer after agriculture, by providing skills, insurance, and guaranteed pay

Delivery riders sweat through the gap between corporate hype and reality

Despite companies asserting they provide adequate support, many workers report poor earnings, limited access to rest, and a lack of basic summer relief measures

Beleaguered ride-hailing firm BluSmart eyes climate funds for reboot

BluSmart looking to restart operations next month

GreenGrahi raises ₹32 cr in a seed funding round led by Avaana Capital

The company also plans to expand its team and enter global markets, including the United States, United Kingdom, and the European Union

Growth capital firm Playbook Partners targets 2025 to raise $250 mn fund

Playbook Partners aims to invest in 12-15 companies in two years, with an average ticket size of $20 million

Vayudh raises $10 million in funding round led by Dharana Capital

The funds will be used to deepen the company's research and development (R&D) capabilities, expand manufacturing infrastructure, and accelerate deployments with India's defence forces

Online gaming firm Zupee turns profitable in FY24, revenue up 35%

This marks a recovery from the Rs 36 crore loss the company posted the previous year (FY23)

In the eye of the storm, one BluSmart co-founder finds overwhelming support

Unlike in the past where founders have been pulled up for their role in such cases, Goyal has been spared the criticism. As if he was unaware of what was happening at BluSmart

BluSmart users' wallet woes: 'Closed loop' model may pose refund issues

Blusmart may not earn any interest on funds in the escrow account that handles the wallet

We are building an internet supermarket chain: Zepto's Aadit Palicha

Zepto is currently present in 50 cities in the country and delivers an average of 1.5 million orders a day

Race for speed: Qcom competition hots up as ecom players enter fast lane

The question that has kept the industry abuzz is whether Amazon-the fifth big player in the q-com market--could beat those who have been early players in the sector

Gensol-Blusmart saga: Cautious investors call for better startup governance

Investors feel that the Gensol-Blusmart saga could potentially slow down funding momentum in the short term

BluSmart's shock exit leaves India's green mobility market up for grabs

According to data from brokerage firm Motilal Oswal published in January, Uber leads the country's cab-hailing market on average daily rides and monthly active users

BluSmart stops cab bookings: Wallet woes leave users in the lurch

Early investors who exited firm say they saw signs of chaos

Tighter norms, rising compliance failures driving scrutiny for startups

Jaggi brothers case spotlights rising governance issues in startup ecosystem