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Page 4 - Food Delivery

Zepto Cafe reaches 100,000 daily orders, nears $100 mn GMV run-rate

Despite being a newer player, the current scale of Zepto Cafe is more than 10% of the size of some of the leading QSR chains in India

Zepto Cafe reaches 100,000 daily orders, nears $100 mn GMV run-rate
Updated On : 23 Feb 2025 | 5:43 PM IST

Explained: What is analogue paneer? Why is the internet buzzing about it?

The use of analogue paneer by food joints has sparked concern, especially in urban areas where many rely on food deliveries and restaurant meals

Explained: What is analogue paneer? Why is the internet buzzing about it?
Updated On : 21 Feb 2025 | 10:09 AM IST

10% of orders placed through quick food delivery service: Magicpin CEO

In food delivery, particularly in Delhi and Bengaluru, Magicpin holds a 10 per cent market share, said Magicpin CEO

10% of orders placed through quick food delivery service: Magicpin CEO
Updated On : 17 Feb 2025 | 10:43 PM IST

Food aggregator platform Zomato continues to steal a march on Swiggy

Zomato's revenue from operations stood at Rs 5,405 crore compared to Swiggy's Rs 3,993 crore

Food aggregator platform Zomato continues to steal a march on Swiggy
Updated On : 07 Feb 2025 | 12:16 AM IST

Zomato board approves name change to Eternal Ltd, stock ticker to change

The rebranded Eternal Ltd will now oversee four key businesses: Zomato, Blinkit, Hyperpure, and District

Zomato board approves name change to Eternal Ltd, stock ticker to change
Updated On : 06 Feb 2025 | 8:15 PM IST

Swiggy Q3 results: Net loss widens to Rs 799 crore, GOV grows 38%

Swiggy's food delivery business gross order value (GOV) grew 19.2 per cent Y-o-Y to Rs 7,436 crore

Swiggy Q3 results: Net loss widens to Rs 799 crore, GOV grows 38%
Updated On : 05 Feb 2025 | 11:23 PM IST

Swiggy Q3 results: Net loss widens to Rs 799 crore, revenue rises 31%

Swiggy Q3FY25 results: During the same period last year, the food delivery platform had reported a loss of Rs 574.4 crore

Swiggy Q3 results: Net loss widens to Rs 799 crore, revenue rises 31%
Updated On : 05 Feb 2025 | 4:46 PM IST

Zomato rolls out in-app 10-minute food delivery service, Zomato Quick

Rivaling Swiggy's Bolt service, food aggregator Zomato has also launched its 10-minute food delivery offering called Zomato Quick

Zomato rolls out in-app 10-minute food delivery service, Zomato Quick
Updated On : 30 Jan 2025 | 6:32 PM IST

Zomato will not compete with restaurant partners: CEO Deepinder Goyal

Bistro, company's instant food delivery app, is not a private label, he says in email

Zomato will not compete with restaurant partners: CEO Deepinder Goyal
Updated On : 23 Jan 2025 | 11:54 AM IST

NRAI plans legal action against Zomato, Swiggy over 10-min delivery apps

Both Zomato and Swiggy have defended their quick delivery services and are working to dispel fears of data exploitation

NRAI plans legal action against Zomato, Swiggy over 10-min delivery apps
Updated On : 22 Jan 2025 | 1:15 PM IST

Zomato Q3 FY25 results: Net profit falls 57% to Rs 59 crore, revenue up 64%

Zomato Q3FY25 results: Zomato aims to increase the number of Blinkit stores to 2,000 by December 2025

Zomato Q3 FY25 results: Net profit falls 57% to Rs 59 crore, revenue up 64%
Updated On : 20 Jan 2025 | 3:32 PM IST

FHRAI accuses Zomato, Swiggy of data misuse, seeks commerce ministry action

The letter raised objections to Zomato and Swiggy's entry into quick food delivery services through their private-label brands, Bistro and Snacc

FHRAI accuses Zomato, Swiggy of data misuse, seeks commerce ministry action
Updated On : 15 Jan 2025 | 11:12 PM IST

Quick commerce companies' foray into food biz rustles up restaurants

Restaurants body NRAI is also exploring legal routes and is likely to knock on the doors of the Competition Commission of India to address issues related to private labelling

Quick commerce companies' foray into food biz rustles up restaurants
Updated On : 10 Jan 2025 | 10:32 PM IST

Swiggy launches Swiggy Serves; aims to distribute 50 million meals by 2030

Swiggy kickstarted partnership with a few restaurant partners such as Dana Choga Restaurants, Biryani by Kilo, Dosa Anna, Charcoal Eats, Urban Tandoor, and Foodies Cart, amongst others

Swiggy launches Swiggy Serves; aims to distribute 50 million meals by 2030
Updated On : 09 Jan 2025 | 7:15 PM IST

Swiggy races 6% as Bernstein initiates with 'Outperform'; sees 29% upside

The northward move in the Swiggy share price came after reports suggested that global brokerage Bernstein initiated coverage with 'Outperform' rating on the Swiggy stock, with a target price of Rs 635

Swiggy races 6% as Bernstein initiates with 'Outperform'; sees 29% upside
Updated On : 09 Jan 2025 | 11:02 AM IST

Swiggy launches new standalone app Snacc for 15-minute food delivery

The launch comes at a time when the food delivery apps in India are racing to deliver everything from biryani to hot beverages to customers' doorsteps in under 10-15 minutes

Swiggy launches new standalone app Snacc for 15-minute food delivery
Updated On : 09 Jan 2025 | 12:53 AM IST

SNACC: Swiggy launches new app with 15-minute food delivery promise

Swiggy is following the industry trend of launching separate apps to target specific customer needs

SNACC: Swiggy launches new app with 15-minute food delivery promise
Updated On : 08 Jan 2025 | 2:12 PM IST

Zomato enters 15-minute delivery race, taking on Swiggy Bolt, Zepto Cafe

Though not officially announced, the 15-min delivery tab has been added to select locations in Mumbai and Bengaluru

Zomato enters 15-minute delivery race, taking on Swiggy Bolt, Zepto Cafe
Updated On : 08 Jan 2025 | 9:56 AM IST

Magicpin's top management delivers food on bikes on New Year's Eve

Hyperlocal e-commerce firm Magicpin's top management, led by CEO Anshoo Sharma, went out on bikes to deliver food to customers on New Year's Eve, according to a company's post on a social media platform. The deliveries were done in Delhi NCR, Mumbai and Bangalore. "It's the busiest night of the year, and our Leadership will hustle on the ground with our delivery partners. While some operate from the warmth of cosy offices and war rooms; we will End and Start our Year meeting our customers. Looking forward to the hustle and rush this New Year's Eve and distributing smiles all the way from 2024 to 2025," Magicpin said on X. The photo posted by the company featured Sharma, Enterprise business CXO Naman Mawandia, Enterprise & Food Delivery business Director Suyash Jaiswal, Sales and Dining out, AVP, Vinod Jain, Enterprise Business Director Indrajit Nair and Finance AVP Tarun Kumar. The company recently forayed into quick commerce for food delivery with the launch of its magicNow brand

Magicpin's top management delivers food on bikes on New Year's Eve
Updated On : 31 Dec 2024 | 10:06 PM IST

Zomato 2024 year-end report: Foodie spent Rs 5 lakh in a single restaurant

One meal at a restaurant cost a Bengaluru foodie an incredible sum of money. On a single bill, the unidentified foodie spent more than Rs 5 lakh, said Zomato, in its 2024 year-end report

Zomato 2024 year-end report: Foodie spent Rs 5 lakh in a single restaurant
Updated On : 27 Dec 2024 | 4:31 PM IST