Page 14 - Online Food Delivery

Curefoods raises $62 mn, says will continue to acquire major cloud kitchens

Cloud kitchen platform Curefoods on Wednesday said it has raised $62 million and will continue to acquire major cloud kitchen brands across the country.

Gig economy gets pandemic push as online deliveries smash records on NYE

Covid was just the disruptor. Even before it struck, growing tech and digital enhancements had been propelling the growth of e-commerce and online services both within and outside India

Biryani most ordered dish in 2021, dosa follows: Zomato annual report

A customer in Ahmedabad placed this year's biggest order, worth Rs 33,000.

Indian bankers collect bumper fees from record $18 billion in IPOs

A little over 110 firms ranging from online grocers to food delivery and beauty startups listed their shares in Mumbai this year, raising almost $18 billion, according to data compiled by Bloomberg

Licious starts 'everyday vesting, anytime liquidation' ESOP for employees

Employees can liquidate the ESOPs anytime without terms and conditions, said the meat and seafood company.

Swiggy food delivery revenue up 56% in H1, doubles from level before Covid

At the end of the quarter, the company had 127,000 restaurant partners and more than 250,000 delivery partners.

Swiggy's new membership programme offers unlimited free deliveries

Food delivery platform Swiggy on Monday launched an upgraded membership programme 'Swiggy One' -- a comprehensive plan that offers its members unlimited free deliveries, discounts

Cloud kitchen and its recipe for success in India

Sure you have checked out multiple cloud kitchens that have carved a niche in app-based food delivery platforms. Let's decode the cloud kitchen trend and find out why it is gaining momentum in India

Amid widening losses, strong user addition drives growth for Zomato in Q2

Despite widening losses, stock gains on top-line showing, acquisition plans

Zomato Q2 net loss widens to Rs 434.9 cr; announces 3 key investments

Online food delivery platform Zomato on Wednesday reported widening of its consolidated net loss to Rs 434.9 crore for the quarter ended September 30, 2021, mainly on account of investments in the growth of its food delivery business. The company had posted a net loss of Rs 229.8 crore for the corresponding period of the previous fiscal, Zomato Ltd said in a regulatory filing. Consolidated revenue from operations of the company stood at Rs 1,024.2 crore for the quarter under consideration. It was Rs 426 crore for the same period a year ago, it added. "Why did our losses go up? This was due to investments in the growth of our food delivery business," Zomato Founder & CEO Deepinder Goyal and CFO Akshant Goyal said in a letter. The losses went up specifically due to three reasons -- increased spending on branding and marketing for customer acquisition, increased investments and growing share of smaller/emerging geographies in the company's business and increased delivery costs due to

From high-street QSR to cloud kitchen unicorn: The Rebel Foods story

Inside Faasos' parent Rebel Foods' kitchens we see chefs understand automation, machines remember recipes

Zomato customer care agent schools customer on Hindi; Company fires staff

The restaurant aggregator and food delivery company on Tuesday apologised to a person, who alleged that he was denied refund by its customer care agent for not knowing Hindi

Gupta's exit doesn't warrant disclosure under listing regulations: Zomato

Online food delivery platform Zomato on Saturday said it did not disclose the exit of its co-founder Gaurav Gupta to the bourses

Grofers taking multiple steps towards building more inclusive org: CEO

Online grocery ordering platform Grofers said it is taking multiple steps towards building a more "inclusive and diverse" organisation

Zomato co-founder and head of supply Gaurav Gupta quits

Gupta was the chief operating officer in 2019 when Zomato named his as a co-founder

Zomato to shut down pilot grocery delivery service on Sept 17

Cites gaps in order fulfilment and the traction 15-minute grocery delivery has been getting in the recent past

Zomato Q1 net loss widens to Rs 356 crore; revenue rises to Rs 844 crore

Revenue from operations in Q1 rose to Rs 844.40 crore from Rs 266 crore a year ago

'Not plug and play': Amazon, Flipkart struggle to meet EV goal in India

Delivery giants find there aren't many models available that can be deployed at scale, and what supply there is can't keep up with demand.

Zomato ends 66% higher against issue price; m-cap crosses Rs 1-trn mark

The market capitalisation of the company touched Rs 1.08 trillion in intra-day trade today

Zomato raises $1.26 bn in IPO, valuation to reach $8 bn: Report

The company, which is backed by Ant Group, will be valued at up to $8 billion following the IPO which is the first for a food delivery group in India.