Page 2 - Online Food Delivery

Zepto logs record 2 million daily orders, 40% higher than top rival

Zepto logs record 2 million daily orders, 40% higher than top rival

Festive binge: Swiggy, magicpin see massive surge in food delivery orders

As India revels in the spirit of the festive season, food delivery platforms Swiggy and magicpin have reported a massive surge in orders, highlighting how culinary cravings are now central to the country's celebrations. Anshoo Sharma, CEO & Co-founder of magicpin, India's third-largest food delivery platform, told PTI the platform is gearing up for even higher volumes as Diwali approaches. "We expect to double last year's numbers on food delivery." Sidharth Bhakoo, Chief Business Officer of Swiggy's Food Marketplace, said. Bhakoo shared that cities like Mumbai, Bengaluru, and Kolkata led the indulgence, while emerging hubs like Surat, Thiruvananthapuram, and Vadodara joined in with equal enthusiasm. According to Bhakoo, choco lava cakes topped dessert orders across metros, while Kolkata's long-standing love for biryani remained intact. "The data reflects one clear trend -- food delivery has become the heart of how India celebrates together," he added. Echoing similar sentiments,

Magicpin eyes 500k customers for food delivery vertical 'Inner Circle'

Hyperlocal startup MagicPin on Sunday said it aims to onboard half a million students and corporate customers for its food delivery vertical Inner Circle by December. The newly launched service has achieved enrollment of over 1.5 lakh customers during the first month of its rollout in September. Currently, students from more than 3,000 colleges and users from over 500 corporates across Delhi-NCR, Mumbai, Bengaluru, Hyderabad, Pune, and Kolkata are enrolled in the Inner Circle platform. The early adoption numbers suggest strong resonance with our core audience, particularly Gen Z students and young working professionals seeking value-driven experiences, Magicpin stated. Anshoo Sharma, CEO and founder, Magicpin, said, "Programmes like Inner Circle create a balance of affordability and access. We aim to reach half a million students and corporate customers by the year-end. The overwhelming response in just one month is proof that the programme addresses a real need in the market". To

Why is Nomura bullish on Eternal? 3 key factors for ₹370 stock target

On the bourses, Eternal shares have advanced 4 per cent over the past five sessions, 9 per cent in the last month, and a little over 28 per cent in the past three months.

Motilal Oswal sees buffet of tailwinds; upgrades Swiggy, bullish on Eternal

The brokerage now values Swiggy at ₹560, capturing the inflection in food delivery growth and the path to improved economics in Instamart.

Rapido launches Ownly app, enters food delivery with zero-commission model

Ride-hailing firm Rapido debuts its Ownly app in Bengaluru, challenging Swiggy and Zomato with a zero-commission model for restaurants

Swiggy targets office goers with newly-launched category 'DeskEats'

The customers can access offering by searching for "Office" or "Work" to find a collection of nearly 700,000 food items from across 200,000 restaurants live on platform, company said in a statement

Eternal Q1FY26 results: Profit takes 90% hit on quick commerce push

Blinkit's net order value surpasses Zomato for the first time

Blinkit's switch to inventory ownership to boost margins, expand assortment

Blinkit plans to adopt an inventory ownership model in the next two to three quarters, aiming to improve margins and expand its product assortment, as revealed in its Q1 FY26 results

Zomato's parent company introduces 'rotational leadership' CEO model

Eternal introduces a 'Rotational Leadership' model for Zomato, ensuring fresh energy and structural agility, with time-bound CEO roles and a focus on reducing complacency

India's quick commerce market seen tripling to ₹2 trillion by FY28

India's quick commerce market is projected to grow rapidly, reaching Rs 2 lakh crore by FY28, driven by rising adoption in Tier II and III cities, better delivery networks, and demand for instant fulf

Eternal appoints Aditya Mangla as CEO of food ordering and delivery

Aditya Mangla takes over as CEO of Eternal's food delivery business from Rakesh Ranjan, as Deepinder Goyal signals a shift in leadership style at Zomato

Swiggy unveils ‘99 store’ | What it is and how it works | Order food online | Budget-friendly meals

Swiggy has introduced a new '99 Store' feature on its app, offering single-serve meals at just ₹99 in over 175 Indian cities. The is designed to attract Gen Z users and budget-conscious customers.

Swiggy unveils '99 Store' for budget-friendly meals in 175 cities

The new 99 Store offers single meals at ₹99 with optional free Eco Saver delivery and aims to cater to Gen Z consumers seeking low-cost, everyday food options

Swiggy names Saurav Goyal SVP to head Driver and Delivery Organisation

Goyal, who led business finance and contributed to Swiggy's IPO, will now oversee delivery operations and drive partner empowerment as part of leadership transition

Rapido enters food aggregation with 'Ownly' platform, partners NRAI

The new platform will operate on a zero-commission model, charging restaurants a flat subscription fee

Food delivery shares in focus; Eternal, Swiggy rally up to 11% in 2 days

Shares of Eternal (formerly known as Zomato) and Swiggy rallied up to 6 per cent on the BSE in Thursday's intra-day deal, and traded higher for the second straight day.

Eternal vs Swiggy: Tech charts favour this stock, hint up to 21% upside

Eternal is seen trading in a tight range of ₹220 - ₹247, with strong support seen around ₹218 levels; Chart hints at a likely positive bias for this stock; while Swiggy may face downward pressure.

Zomato adds new charges for long-distance deliveries; restaurants unhappy

In addition to the new delivery fee, Zomato has also asked some restaurants to sign new agreements reflecting a name change of its parent company to 'Eternal'

CCPA likely to direct Zomato, Swiggy to revise cancellation, refund policy

The consumer watchdog took suo-motu cognisance of unfair practices in 2024 and is now likely to direct Zomato and Swiggy to revise refund and cancellation policies