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
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 rebrands as Eternal Ltd, signaling expansion beyond food delivery, while its app and brand remain unchanged
As Maha Kumbh 2025 draws to a close, Waayu plans to continue delivering Mahaprasad throughout the year
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 has said it has surpassed 75,000 daily orders. The app was launched in December 2024
30 candidates received job offers, of which 18 have joined Zomato and its group companies
Both Zomato and Swiggy have defended their quick delivery services and are working to dispel fears of data exploitation
Swiggy Instamart will continue to be available on Swiggy's unified app
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
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
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
Swiggy is following the industry trend of launching separate apps to target specific customer needs
Though not officially announced, the 15-min delivery tab has been added to select locations in Mumbai and Bengaluru
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
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
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
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
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
Hyper-local e-commerce firm magicpin has forayed into quick commerce for food delivery with the launch of its magicNow brand that will work for over 2,000 food brands and 1,000 merchants to start with, the company said on Tuesday. Unlike other quick commerce players, magicpin will not operate via dark stores for food delivery, the company said in a statement. "magicNOW is to provide fast food delivery within a 1.5 km to 2 km radius to maintain freshness and cuisine integrity, and will be initially launched in Bangalore, Hyderabad, Mumbai, Chennai, Delhi-NCR, and Pune," magicpin said. magicNOW will leverage the service of magicpin's logistic aggregator vertical -- Velocity. Under Velocity, magicpin acts as an aggregator of its third party logistics partners such as Shadowfax, Dunzo, Rapido, Porter, OLA, Zypp etc for the supply backend, consolidating all 3PL services under one umbrella for brands and its sellers. magicpin is currently offering Velocity to multiple brands including K