Page 4 - Online Food Delivery

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

Swiggy races 6% as Bernstein initiates with 'Outperform'; sees 29% upside

The northward move in the Swiggy share price came after reports suggested that global brokerage Bernstein initiated coverage with 'Outperform' rating on the Swiggy stock, with a target price of Rs 635

Swiggy launches new standalone app Snacc for 15-minute food delivery

The launch comes at a time when the food delivery apps in India are racing to deliver everything from biryani to hot beverages to customers' doorsteps in under 10-15 minutes

SNACC: Swiggy launches new app with 15-minute food delivery promise

Swiggy is following the industry trend of launching separate apps to target specific customer needs

Zomato enters 15-minute delivery race, taking on Swiggy Bolt, Zepto Cafe

Though not officially announced, the 15-min delivery tab has been added to select locations in Mumbai and Bengaluru

New Year's Eve 2025: Blinkit, Zepto, Swiggy Instamart hit record orders

While Swiggy Instamart recorded its largest order of Rs 70,325 from a user in central Goa, Blinkit reported an order worth Rs 64,988 from a Kolkata user

Zomato 2024 year-end report: Foodie spent Rs 5 lakh in a single restaurant

One meal at a restaurant cost a Bengaluru foodie an incredible sum of money. On a single bill, the unidentified foodie spent more than Rs 5 lakh, said Zomato, in its 2024 year-end report

Year ender 2024: After initial hiccups, 10-min food delivery makes a return

As the demand for convenience rises, instant food-delivery platforms that had shut down or scaled back operations in previous years witnessed renewed success in 2024. In this race, Ola Dash is the lat

Indians ordered an average of 158 biryanis per minute: Swiggy report

Swiggy said Biryani is still the undisputed dish in terms of demand for the 9th consecutive year as India ordered 83 million Biryanis, according to the delivery firm's yearly report

Disruptive 10-mins deliveries now spread to food businesses as well

At least five companies, including Zomato Ltd. and its recently-listed rival Swiggy Ltd., have unveiled or announced plans to offer quick food delivery in the last few weeks