Mohandas Pai expects food delivery platforms Swiggy and Zomato, as well as PhonePe and Myntra to list in local markets in next few years
Besides concerns of the market's capacity, firms are sceptical of how public market investors, lured by steady profits and dividends, will value internet businesses
The food-tech firm already has 1,000 cloud kitchens in 14 cities, the highest by any player
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The Zomato spokesperson further said that the latest "speculation is absolutely untrue". Swiggy, however, refused to comment on the report.
Why? By 2020, Gen Z is expected to account for 40 per cent of all customers.
Ola's food business will focus on becoming a food-first company with a massive kitchen infrastructure and a slew of brands
The company currently is present in 500 cities and 75 universities, Swiggy said in a statement.
The association had raised critical issues such as deep discounting, data masking, high and uneven commission charges with the delievery aggregators
On August 26, NRAI had written to Zomato, Swiggy, UberEats, and Foodpanda, raising eight critical issues it has with the companies
Is it time for the aggregator brands to rethink their promise to their partners-be it restaurants, airlines and hotels and drivers?
Owners say the cost of deep discounting by Zomato, Swiggy falls on them
Food aggregators have agreed to redesign their schemes to rein in deep discounts and asserted that discount is a privilege not a right
Food aggregators, partners must work out an equitable solution
Another hotel and restaurant body plans protests against Zomato
Subrata Chattopadhyay, the dean of alumni affairs, said, IIT-KGP graduates are leaving their indelible imprints on diverse sectors across the country and beyond
Despite a high base of 24-26 per cent in the June 2018 quarter (Q1FY19), analysts expect Jubilant and Westlife to report 6-8 per cent same-store sales growth (SSG) in Q1FY20
If sources are to be believed, Swiggy may soon close another large funding round of around $500-700 million led by SoftBank, with participation from existing investor Naspers
To make the service a hassle-free everyday option, Daily will allow users to schedule their meals in advance or opt for a daily, weekly or monthly subscription
The service that has been launched in Gurugram will be expanded to Bengaluru and Mumbai in the coming months