Page 16 - Online Food Delivery

Zomato to charge zero commission from restaurants for takeaway service

Takeaway on Zomato app has witnessed tremendous growth with the order volume increasing by more than 200% in the last few months

Zomato raises $195 mn in funding from 6 investors, valued at $3.6 bn

Upon closing of the fund raise, Info Edge's shareholding in Zomato shall stand reduced to about 20.8 per cent on fully converted and diluted basis

Will have 2-3 other promising businesses beyond 2021: Swiggy's Vivek Sunder

If you want to take products from point 'A' to point 'B' and you don't want to go out of your house, we will do it for you

FreshToHome raises $121 mn from global investors in Series C round

Funding touted as largest in India's consumer tech segment; led by Investment Corporation of Dubai

Swiggy says food delivery recovers to 85% of pre-Covid-19 order value

Food ordering platform Swiggy on Thursday said its pan-India food delivery has recovered to around 80-85 per cent of pre-COVID-19 order value.

Food delivery volumes back to 85% of pre-Covid levels, says Swiggy

The recovery is taking place owing to multiple rounds of unlocks and restaurants opening up for business.

IPL playing key role in recovery of food delivery firms Swiggy, Zomato

Analysts say that due to IPL event food delivery volumes are seeing a jump and foodtech companies are capitalising on that demand

Food delivery industry recovers to 85% of pre-Covid levels: Zomato

The development comes after the company, in August, said around 40 per cent of the dining out restaurants may not reopen at all owing to the disruption caused by the Covid-19 pandemic.

Food delivery sector showing stronger signs of recovery: Zomato CEO

Delhi and Mumbai are nearing full recovery at around 95 per cent of the pre-Covid levels

Swiggy denies their delivery partners are underpaid

Food delivery service company Swiggy on Thursday put out a statement clarifying that most of their delivery partners have made Rs 45 per order in the last week.

Food delivery start-ups scale up faster in small towns: JM Financial report

Tapping small-tier cities, leveraging cloud kitchens to drive long-term growth for sector, says study

Swiggy to lay off another 350 employees as coronavirus impacts business

This comes just two months after the Bengaluru-based firm said it was laying off 1,100 employees

'Fine-dining' at home: ITC, Marriott, Taj plot their way out of pandemic

Five star hospitality chains have launched new food and delivery labels to service customers at home. Does this strengthen, or dilute their brands?

Zomato delivers two-fold jump in revenue at Rs 2,960 cr in FY20

The earnings before interest, taxes, depreciation, and amortization (EBITDA) in the last financial year stood at around Rs 2,200 crore, Zomato said in its performance report.

Swiggy integrates Scootsy to deliver premium culinary pick-ups in Mumbai

Swiggy acquired Scootsy in 2018 for around Rs 50 crore and had said at that time that the Mumbai-based firm will continue to operate as an independent app after the acquisition

Uber Technologies eyes Postmates in $2.6-billion deal, plans expansion

Postmates is alternatively exploring various paths to go public

Amazon expands its pantry service to more than 300 cities in India

In the last few months, Amazon has added hundreds of towns like Bharatpur, Bilaspur and Mirzapur to help customers order groceries online and get safe doorstep delivery.

Brands turn to packaging and presentation to gain trust, confidence

Packaging innovations that ensure safety and damage-free, clean delivery are emerging as new avenues for brand building

Are cloud kitchens and delivery the future of India's food industry?

Cloud kitchens are essentially low-cost models where kitchens in places with cheap real estate are rented out, and from which deliveries are fulfilled mostly through an aggregator.

Swiggy unveils 'Jumpstart Package' to assist restaurants in resuming ops

Swiggy said important elements such as safety kits required for implementing hygiene protocols, and business booster programmes that improve visibility will be offered at heavily subsidized rates