Page 14 - Online Food Delivery

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.

MIMI Fish to launch sales outlets, online delivery of fish in Kerala

MIMI Fish, a retail venture of Kerala Fisheries Department, is all set to launch its sales outlets across the state and online home delivery service for supply of fresh fish, value-added products.

Zomato's Rs 9,375-crore IPO to bring bonanza for Info Edge, Sequoia, Goyal

The existing shareholders of the company are set to make gains in the range of 50 per cent to 6,450 per cent on their investments

High valuation of $8 billion makes Zomato's offer less appetising

Competitive intensity, customer acquisition costs likely to delay profitability

Food delivery giant Swiggy's COO Vivek Sunder decides to move on

Sunder played a pivotal role in expanding the geographical footprint of the marketplace business taking Swiggy beyond more than 500 cities.

Will increase women delivery staff by 10% by year-end, says Zomato

Online food ordering platform Zomato on Friday said it will increase the number of women in its delivery service to 10 per cent by the end of the year as part of its workplace inclusivity initiatives. In a blog on its website, Zomato founder Deepinder Goyal said at present only about 0.5 per cent of its delivery partners are women. "Today, we are taking our first step towards increasing the participation of women delivery partners in our fleet. To begin with, we have set ourselves a goal of reaching 10 per cent participation by the end of 2021 starting with Bengaluru, Hyderabad, and Pune," he wrote. Stating that Zomato has always been "about being a more inclusive workplace", he said, "So far, our inclusive workplace initiatives haven't taken into consideration the fact that only about 0.5 per cent of our delivery partners are women." Goyal, however, said adding more women to the delivery fleet "is not as simple as just targeting more women for this job. That's because our policies

How hyperlocal delivery firms are helping a new breed of home chefs thrive

Well networked, they deliver packaged food swiftly, at the right temperature and under stringent hygiene and safety protocols; they also reach medicines, clothes and documents to the customer

Sick of dal-roti? Opt for delivery options that bring the restaurant home

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

Info Edge to sell stake worth Rs 750 crore in proposed Zomato IPO

Info Edge on Tuesday said it will sell stake worth Rs 750 crore in the initial public offering (IPO) of its investee company Zomato

Zomato breaks gender divide and glass ceilings amid second Covid-19 wave

Even as 20% of its staff face some kind pandemic stress, the firm has put in place an equal leave policy and level playing field for staff

Lo! Foods raises $1mn in pre-series A funding led by Chona Family Office

Bengaluru-based Lo! Foods on Friday said it has raised USD 1 million (about Rs 7.4 crore) in funding, led by the Chona Family Office, the erstwhile promoters of Havmor Ice Cream. The pre-series A round also saw participation from Ecosystem Ventures, Raveen Sastry (Co-Founder, Multiply Ventures), KRS Jamwal, Pratyush Prasanna (Gojek) among others, a statement said. The funds will be used towards accelerating growth, strengthening existing distribution networks and ramping up marketing, it added. Started in 2019 by Sudarshan Gangrade, Lo! Foods offers low-carb and Keto-friendly packaged products. It also has also ramped up to 20 cloud kitchens across Bengaluru, Delhi, Gurugram and Hyderabad that offer fresh low-carb food on demand through food delivery apps. * * * * AnKa SumMor raises Rs 3 cr funding led by Inflection Point Ventures * AnKa SumMor, a Sales and Distribution (S&D) platform for the FMCG sector, on Friday said it has raised Rs 3 crore in funding, led by Inflection ...

Softbank Group to invest $450 million in Swiggy at $5.5 billion value

Second funding for food delivery startup in as many weeks

Zomato's Goyal takes a dig at Swiggy; Mumbai clarifies rules on delivery

Maharashtra Chief Minister Uddhav Thackeray has announced a curfew in the State, except for essential services