Sources say funding is an extension of Swiggy's $800-mn round in April from investors such as Falcon Edge, Goldman Sachs and others, which took the company's valuation to $5 bn from $3.6 bn
Competitive intensity, customer acquisition costs likely to delay profitability
The company, backed by Ant Group, is planning to issue fresh shares worth Rs 7,500 crore in the IPO
Speciality Restaurants, Barbeque Nation, Indigo among companies 'adjusting to market realities'.
Premium restaurants see gourmet meals on wheels as a long-term business
Paid time off, insurance and hospitalisation cover, support of Rs 14,000 for two weeks under "Swiggy Suraksha" package; doorstep delivery of home-style meals in some cities
You can get anything from pizzas to parathas in a box, with cloud kitchens, delivery apps and even home chefs delivering on the promise of hygiene, safety and health
We've cheered "Essential Workers", as the light has been shone on the people in the shadows, who actually make the world go round
Company faces competition in a food services market that is yet to reach global scale.
The IPO will be a litmus test on whether domestic investors have the patience and maturity to deal with loss-making tech companies
This feature will allow our customers to mark 'This order is related to a Covid-19 emergency' option during checkout
This is its first trading update since its highly-anticipated listing in London last month flopped
Gig economy riders for the app-based meal delivery platform Deliveroo are set to join strikes in five UK cities Wednesday over pay and working conditions
The current government guidelines allow only people above the age of 45 to get vaccinated
Deliveroo said on Monday that its upcoming initial public offering will value the company at up to 8.8 billion pounds ($12.19 billion)
The ruling AAP has vociferously opposed the Bill, with Chief Minister Arvind Kejriwal saying that the struggle against the legislation will continue.
In a tweet, Goyal said: "Functional foods.. coming soon to your favourite food app. @zomato".
Zomato said Wednesday it had delisted Kamaraj after a content creator, Hitesha Chandranee, posted videos on social media saying the Zomato executive hit her
Amazon Food said on Monday the service was available across 62 pin codes in Bengaluru
According to some media reports, the delivery executive said he acted in self defense and only hit the woman after she hit him first