Online grocery, which is barely about four per cent of India's $600-700 billion grocery market, has seen an overnight surge.
Goa Chief Minister Pramod Sawant has said that he was irked by some people, who prefer to violate the 21-day lockdown to buy something as trivial as a shampoo
Delivery picks up slowly, but firms struggle as staff stay away
Government of Karnataka and Maharashtra have now put out an order saying that e-commerce shall be excluded from the restrictions to prevent the spread of Covid-19.
In the list of commercial and private establishments that are exempted from restrictions include e-commerce, pharmaceutical, and other essentials
With this partnership, PhonePe's 200 million registered users can now access the Swiggy app and order the food from within the PhonePe app itself
PhonePe Switch is a one-click entry point to a world of apps on the PhonePe platform
Google techie tests positive for Coronavirus; Amazon, Uber India, Microsoft ask all employees to work from home if they can
These people are more vulnerable to such kind of infection and consumer internet companies are providing them with all the support ranging from health information to masks and sanitisers.
Amazon's entry in the food delivery business comes at a time when Zomato and Swiggy have started cutting back on discounts
From delivery-only restaurants to mapping every minute of the delivery process, brands lean in on tech and not just discounts, to woo users
In a tough environment, Zomato's expensive purchase shows how its strategy is different from Swiggy's as both compete to attract Softbank amid global investors' proxy food wars in India
Profitability has been the biggest challenge for unicorns. Swiggy reported 500 per cent jump in losses for financial year FY19 at Rs 2,346 crore against FY18, according to data platform Tofler.
The Department of Telecom is still working on final adjusted gross revenue dues that service providers have to pay as it has detected variation in accounting practices adopted by different circle offi
Swiggy's valuation is learnt to have remained largely the same level of around $3.3 billion
The aim is to cater to a gap in the food delivery requirement of particular areas
We need more granular, hyper-locational data to see if there is a strong overlap in votes and diet, of course
Consider buying stocks of companies that command brand loyalty
The Uber Eats deal helps Zomato to catapult to the number one slot, leaving market leader Swiggy slightly behind
The meeting, which took place on Tuesday, was also attended by representatives of the National Restaurant Association of India (NRAI)