Competition watchdog to probe Swiggy and Zomato for alleged unfair practices with respect to pricing and listing of restaurants on their platforms
CCI said allegations such as delayed payment cycle, imposition of one-sided clauses and exorbitant commission require investigation
After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations
The BharatPe saga raises questions about the impact of outsized investor shareholding in young enterprises
Across 19 cities today, Swiggy Instamart consumers can return the extra bags through the Swiggy delivery executive
Swiggy has begun adding independent directors to the board, and plans to position itself as a logistics company and not just a food delivery firm, according to the report
Business Standard brings you the top headlines on Tuesday
Mumbai-based Rebel Foods, and India's master franchise for US fast-food giant, Wendy's, have reached a new milestone with opening 28 new locations in 9 new Indian cities.
The company is strengthening its investment in the broader ecosystem
Congress leader Ghulam Nabi Azad, SII MD Cyrus Poonawalla to be conferred with Padma Bhushan
In the past few months, Swiggy has expanded Instamart to 19 cities
Business Standard brings you the top headlines on Monday
The funding round saw participation from new investors such as Baron Capital Group, Kotak, among others.
TVS said in a statement that the partnership highlights its commitment to strengthen electrification across diverse mobility segments
Covid was just the disruptor. Even before it struck, growing tech and digital enhancements had been propelling the growth of e-commerce and online services both within and outside India
'This year we exceeded all our plans by a big margin and were overwhelmed by the customer response,' the company said in a statement
Food aggregators like Swiggy and Zomato will have to collect and deposit tax at 5 per cent rate beginning Saturday
Zomato logs 6,000 orders per minute at around 7pm; Swiggy says it hit 6,600 orders per minute.
Samosas ordered were equal to New Zealand's population; gulab jamun was the most preferred dessert.
People with visual impairments were not able to easily use the Swiggy app, since it wasn't designed to be accessible.