Page 3 - Online Food Delivery

Qcom unicorn Zepto appoints Rachit Ranjan as chief public policy officer

Rachit Ranjan will lead Zepto's policy, regulatory and government affairs vertical as the company accelerates growth and aims to build socio-economic value in India

Zomato, Swiggy now levy rain surcharge on Gold, One premium users

Zomato and Swiggy will now apply rain surcharge on premium members ending earlier waivers as both platforms intensify efforts to boost profitability and cut losses

Swiggy soars 10% on heavy volumes; logs sharpest intra-day rally in 2025

The average trading volumes at the counter jumped nearly eight-fold; with a combined 33.3 million equity shares representing 1.5% of the total equity of the company changing hands on the NSE and BSE.

Eternal shuts instant food-delivery service Quick; delists 19K restaurants

As for restaurants that have been delisted, they either did not pass hygiene standards, were mimicking established brands and misleading customers, or were operating multiple identical menu listings

Zomato CEO Deepinder Goyal refutes Reddit post on losing market share

Zomato Founder and CEO Deepinder Goyal has rejected an anonymous Reddit post alleging that things were "going off the rails" with the company, rebranded as Eternal, losing market share to Zepto Cafe and Swiggy and forcing employees to order from its food delivery platform. The post also claimed that the work culture has become "laughably inconsistent" with "toxicity" baked in, and the only thing keeping the company profitable now is platform fees, and the "crisis" compounded by "underpaid and overworked" delivery partners. In a post on X on Saturday, Goyal said, "All of this - reddit.com/r/StartUpIndia' - is utter nonsense. Neither are we losing market share, nor will we ever force our employees to order on Zomato. Freedom of choice is something we stand for vehemently." He further said "it is embarrassing to even clarify this -- but doing it since many people reached out to me with concern. And thanks everybody for your concern.. appreciate it". The Reddit post had alleged that "i

Biryani finds its place on the valuation menu with rising investor appetite

Acquisition plan shines a spotlight on soul food's growing market power

Swiggy launches AI-powered Pyng app, enters professional services market

At the core of this experience is Pyng's Smart AI Assistance. It understands user queries and their nuances to recommend the most relevant professionals as per individual needs

Swiggy Instamart launches new in-app feature 'Maxxsaver' for savings

Swiggy Instamart currently offers over 35,000 products, ranging from groceries and daily essentials to electronics, smartphones, fashion, makeup, and toys

Swiggy receives Rs 7.59 cr tax demand notice for AY 2021-22 in Pune

Food and grocery delivery platform Swiggy has received an an assessment order for the April 2021 to March 2022 period, amounting to Rs 7.59 crore from the Office of the Profession Tax Officer, Pune. Violation of provisions pertaining to deduction of Profession Tax from the employees' salary under the Maharashtra State Tax on Professions, Trades, Callings & Employments Act, 1975, has been alleged against the company, it said in a regulatory filing. "The Company believes that it has strong arguments against the Order and is taking necessary steps to protect its interest through review/appeal," Swiggy stated in the filing on Saturday. The company believes that the order has no major adverse impact on its financials and operations.

Zomato food delivery COO Rinshul Chandra resigns to pursue new passions

Rinshul Chandra, Chief Operating Officer of Zomato's Food Delivery business, has tendered his resignation, the company has said in a regulatory filing. Chandra has resigned with effect from April 5 "to pursue new opportunities and passions", Zomato stated in the filing on Saturday. In his resignation letter addressed to Zomato founder and CEO Deepinder Goyal, Chandra wrote, "I am writing to resign as COO - Food Ordering & Delivery Business of Eternal Limited, effective April 7, 2025. After careful consideration, I have decided to pursue new opportunities and passions that align with my evolving personal and professional goals". While the brand name of the company's food delivery business Zomato remains the same, along with the app, the company has changed the name of the corporate entity to Eternal.

Zepto in negotiations for $250 million secondary sale ahead of IPO

The private equity arms of Motilal Oswal Financial Services Ltd. and Edelweiss Financial Services Ltd. are in discussions with the Bangalore-based startup to buy shares in the secondary sale

Rapido eyes entry into food delivery; to disrupt Swiggy, Zomato's duopoly

It is worth noting that Rapido on behalf of Swiggy already does food delivery, as the latter is an investor in the ride-sharing startup

Zomato transforms into Eternal Ltd as it expands beyond food delivery

Zomato rebrands as Eternal Ltd, signaling expansion beyond food delivery, while its app and brand remain unchanged

Maha Kumbh 2025: ONDC-backed Waayu delivers over 110K mahaprasad orders

As Maha Kumbh 2025 draws to a close, Waayu plans to continue delivering Mahaprasad throughout the year

Swiggy tanks 26% in 6 days, hits new low on weak Q3 operational performance

The stock hit a new low of Rs 339.45; fell 45% from its 52-week high of Rs 617 touched on December 23, 2024 and quoted 13% below its issue price of Rs 390 per share.

Zepto Cafe hits 75,000 daily orders, marking a 50% month-on-month surge

Zepto Cafe has said it has surpassed 75,000 daily orders. The app was launched in December 2024

Zomato hires 2 as chief of staff; gets 18,000 requests for various posts

30 candidates received job offers, of which 18 have joined Zomato and its group companies

NRAI plans legal action against Zomato, Swiggy over 10-min delivery apps

Both Zomato and Swiggy have defended their quick delivery services and are working to dispel fears of data exploitation

Swiggy Instamart expands to 75+ cities, unveils plans for standalone app

Swiggy Instamart will continue to be available on Swiggy's unified app

Swiggy launches Swiggy Serves; aims to distribute 50 million meals by 2030

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