Page 36 - Swiggy

Amazon food delivery service poses risk to incumbents: Motilal Oswal

Amazon's foray into food delivery poses a risk to incumbents but the impact on Zomato or Swiggy's duopoly will be marginal, according to Motilal Oswal

Now, Amazon's food delivery service available in 62 pin codes in Bengaluru

The firm made its foray into online food delivery in India last year in May

Zomato to pay more to delivery partners, absorb fuel price rise impact

Swiggy also planning fuel-related incentives for riders

Kirana comes full circle

Two recent steps, both by the original posterboy of e-commerce, Flipkart, make it clear that we've come full circle on grocery

Zomato partners with govt for street food project, ropes in 300 vendors

With this, these street vendors would be able to serve customers within the safety of their own homes, service a much larger user base with Zomato's technology and last-mile delivery

A business hotel for that great weekend getaway with your family and Fido

WFH and travel paranoia during Covid-19 have lowered occupancy in these hotels, forcing them to offer alluring rates as low as Rs 5,000 a night with meals to leisure customers

PhonePe distributes ESOPs worth Rs 1,500 crore among all employees

The digital payments firm has rolled out the compensation to all its employees ranging from software engineers, product managers to customer experience and on-ground sales agents

Swiggy's revenue jumps 115% to Rs 2,776 cr, losses up 61% to Rs 3,768 cr

The Bengaluru-based food delivery giant's total expenses for the fiscal were reported as Rs 6,545 crore

SoftBank-backed Grofers eyes Rs 10,000 cr GMV by March on heavy GOBD sales

The Gurugram-based firm is expecting its GMV to touch around Rs 30,000 crore by 2022 as the coronavirus pandemic has accelerated the shift towards online grocery

Over Rs 950-crore tax evasion by Flipkart unit, Swiggy: I-T department

Tax concealment in case of Walmart-owned Flipkart's unit is about Rs 650 crore while the remaining estimation is related to Swiggy, said a tax official privy to the preliminary findings

DGGI issues show-cause notice to Amazon India over Rs 175 cr tax demand

Probe has allegedly found calculation errors by Amazon. The company paid higher GST but instead of claiming refund took wrong input tax credit

Meat startups move to stem bird flu fear, give assurance on poultry quality

While organised meat startups claim 100% traceability of their products with full biosecurity, unorganised meat market has taken a beating, going down by 20-25%

Sequoia-backed Rebel Foods eyes global expansion of cloud kitchens

Raising funds to become next unicorn

Income tax department conducts surveys at Flipkart and Swiggy offices

The surveys are related to an alleged bogus input tax credit connected to the external vendors of these firms

Income tax dept surveys offices of Flipkart arm Instakart, Swiggy

According to sources, the survey was conducted on the input provided by the Directorate General of GST Intelligence (DGGI)

Cardholders' data leaked on Dark Web: What it means and how it affects you

Data of nearly 100 million credit and debit card holders in the country is being sold for an undisclosed amount on the Dark Web. Tune in for more

Zomato's revenue doubles to Rs 2,743 cr, losses up 138% to Rs 2,386 cr

The Deepinder Goyal-led firm's total expenses for the fiscal were reported as Rs 5,006 crore. Zomato is gearing up for an IPO this year

Curfews help Swiggy, Zomato serve record food orders on New Year's Eve

At peak, while Swiggy fulfilled 5,500 orders per minute, Zomato clocked in 4,254 orders per minute

India's favourite dish: A Biryani ordered per second, on Swiggy in 2020

The order analysis is based on millions of orders received by Swiggy

Will leave no stone unturned to improve working conditions: Zomato

Only two platforms (Urban Company and Flipkart) were able to demonstrate that additional measures were taken to actively improve working conditions