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FHRAI raises concerns over Zomato, Swiggy’s “private label” food delivery foray

PTI -
According to FHRAI, Zomato and Swiggy are now using their market dominance to directly compete with the very businesses they were meant to support New Delhi: The Federation of Hotel & Restaurant Associations of India (FHRAI) on Monday expressed "serious...
Food & Beverage

NRAI to file complaint against Zomato, Swiggy over ‘pvt labelling’, food delivery via separate apps

PTI -
Comments from Zomato and Swiggy could not be obtained as emailed queries remained unanswered New Delhi: Opposing "private labelling" by Zomato and Swiggy and their recent foray into quick commerce food delivery via separate apps, restaurant body NRAI on Thursday said...
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Magicpin enters into quick commerce for food delivery with over 3,000 merchants

PTI -
Magicpin is currently offering Velocity to multiple brands including KFC, Burger King, IGP gifting etc New Delhi: Hyper-local e-commerce firm magician has forayed into quick commerce for food delivery with the launch of its magicNow brand that will work for...
Chairman's Message

Food delivery economy crucial as it generates large-scale employment: Gadkari

PTI -
The minister also appreciated online food delivery platform Zomato for providing employment to a lot of unemployed youth of the country New Delhi: Union Minister Nitin Gadkari on Tuesday said the food delivery economy is very important for India as...
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Swiggy seeks valuation of $11.3 bn; IPO to open on Wednesday

PTI -
Swiggy has set a price band of Rs 371 to Rs 390 per share for its maiden public issue. The issue will open for public subscription on November 6 and conclude on November 8 New Delhi: Food delivery and quick-commerce...
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Swiggy says unaffected by urban demand slump; launches Rs 11,330-cr share sale

PTI -
The issue comes amid a series of IPOs in the recent past including South Korean car maker Hyundai's mega Rs 28,000-crore issue. New Delhi: Food delivery app Swiggy on Wednesday launched a Rs 11,330-crore initial share sale, asking investors to...
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Zomato gets Rs 4.59 cr tax demand notices

PTI -
The company said it plans to appeal against the demand orders passed by the Assistant Commissioner of GST and Central Excise, Nungambakkam Division New Delhi: Online food delivery platform Zomato has received GST tax demand orders of over Rs 4.59...
E-Commerce

Food delivery, e-commerce platforms unite to protect their delivery partners from heatwave

PTI -
To address any health/medical emergency, a 15-minute ambulance and 24x7 SOS support is made available in 530-plus cities for all delivery partners New Delhi: With large swathes of India being under the grip of heatwave and several cities recording...
Food & Beverage

Passion, not money should drive entrepreneurs looking to start successful ventures: Zomato CEO

PTI -
Speaking at the Startup Mahakumbh event, Goyal spoke candidly about how his own company prefers to be always paranoid to stay ahead New Delhi: Zomato CEO Deepinder Goyal on Monday advised entrepreneurs to be led by passion and drive while...
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Swiggy to provide food delivery services at 4 railway stations, extend it to more places

PTI -
The food delivery services will be extended to 59 more railway stations in the coming weeks New Delhi: Swiggy will offer food delivery services to passengers at Bengaluru, Bhubaneswar, Visakhapatnam and Vijayawada railway stations beginning March 12. The food delivery services...
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UPI transactions hit record high of Rs 25.14 lakh crore in May

In terms of volume, 1,867.7 crore transactions were done in May against 1,789.3 crore in the previous month New Delhi: Transactions...
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