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
The use of analogue paneer by food joints has sparked concern, especially in urban areas where many rely on food deliveries and restaurant meals
In food delivery, particularly in Delhi and Bengaluru, Magicpin holds a 10 per cent market share, said Magicpin CEO
Zomato's revenue from operations stood at Rs 5,405 crore compared to Swiggy's Rs 3,993 crore
The rebranded Eternal Ltd will now oversee four key businesses: Zomato, Blinkit, Hyperpure, and District
Swiggy's food delivery business gross order value (GOV) grew 19.2 per cent Y-o-Y to Rs 7,436 crore
Swiggy Q3FY25 results: During the same period last year, the food delivery platform had reported a loss of Rs 574.4 crore
Rivaling Swiggy's Bolt service, food aggregator Zomato has also launched its 10-minute food delivery offering called Zomato Quick
Bistro, company's instant food delivery app, is not a private label, he says in email
Both Zomato and Swiggy have defended their quick delivery services and are working to dispel fears of data exploitation
Zomato Q3FY25 results: Zomato aims to increase the number of Blinkit stores to 2,000 by December 2025
The letter raised objections to Zomato and Swiggy's entry into quick food delivery services through their private-label brands, Bistro and Snacc
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
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
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
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 is following the industry trend of launching separate apps to target specific customer needs
Though not officially announced, the 15-min delivery tab has been added to select locations in Mumbai and Bengaluru
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
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