India ordered 2.5 biryanis per second in 2023, and on the day of the World Cup 2023 finals, on November 19, India ordered 188 pizzas per minute
Pulverer said that IKEA is also working on increasing sourcing from India, which currently stands at 30%
Zomato had launched a multi-cart option in June which helps users to order from several restaurants at the same time
Kripalu holds a Bachelor of Technology in Electronics from IIT, Madras, and an MBA from IIM, Calcutta. He completed his Advanced Management Program at Wharton Business School
"Consumer value (on ONDC) will be dramatically different and superior to current e-commerce platforms," he said
Online aggregator's operating metrics improved and loss reduced, says investor
Impresario Entertainment & Hospitality, which operates food chains like SOCIAL and Smoke House Deli, has seen a 20-30 per cent spike in order volumes during the ongoing event
According to Deepinder, in some of these cities, Blinkit's GOV, which is growing at more than 80 per cent, is already more than Zomato's
Surges 18x sequentially in Q2; uptick in adoption of loyalty plan key driver
Swiggy had begun levying a platform fee to its customers in April regardless of the order value
This membership includes free delivery, extra benefits in food, and grocery, and 30 per cent extra discounts across over 20,000 restaurants
Swiggy had been accused of rounding up the bill total to the nearest whole number and adding Rs 3 to customers' order value
This is because the stock price of Zomato is factoring in all the positives, including earnings growth
With the acquisition, the company said customers can anticipate a broader range of high-quality, non-perishable food items as it enters the regional packaged food sector
Ashish Lingamneni, vice president (VP), head, brand and product marketing, and Nishad Kenkre, VP, head, revenue and growth, Instamart, have also left the food delivery firm in the recent past
The report also mentions that the food delivery platforms have helped create jobs for young workers in Tier-II and Tier-III cities
U.S.-based firms Sequoia and Tiger Global, who were investors in Blinkit, had also received shares in Zomato after the acquisition
The stock hit a 15-month high of Rs 86.37, gaining nearly 2 per cent on the BSE in Friday's intra-day trade
The food and grocery delivery firm has already been experimenting with technology by using AI to create images of food products
The rollout is on hold as the company is working to improve the onboarding process