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Quick service restaurants’ revenue, margin under severe stress; recovery seems distant: Report

The rising popularity of food aggregators has hurt dine-in sales of quick service restaurants (QSR) and has also fragmented delivery salesMumbai: With the exponential growth of food delivery apps like Zomato and Swiggy, quick service restaurant operators are finding...

Big layoffs likely at Flipkart, Swiggy

Flipkart may dismiss around 1,100 people and Swiggy may fire between 350-400New Delhi: On-demand convenience platform Swiggy and Walmart-owned e-commerce firm Flipkart both may lay off a large number of employees.Swiggy is expected to cut around 350-400 jobs...

Retail IPOs expected in 2024

From Biba, Boat and FirstCry to Gopal Snacks and Stanley Lifestyles, here’s a list of retail companies that are likely to go public this yearAs many as 102 Initial Public Offers (IPO) hit the stock exchanges last year with...

Not hiked platform fee, no plans for significant increase in near term: Swiggy

The company, which currently charges Rs 5 as a platform fee to customers, clarified it had 'teased' to a "very small set of users" of Rs 10 as an experiment but was never implementedNew Delhi: On-demand convenience platform Swiggy...

Swiggy partners with Simpl’s 1-Tap Checkout

The Swiggy-Simpl partnership is aimed at facilitating the increased demand for Swiggy’s on-demand services during the holiday season New Delhi: Bengaluru-based on-demand food and quick commerce company Swiggy has partnered with Simpl, a one-tap checkout network. The service will be integrated...

Look who took home a trophy at 7th Pepsi IMAGES Food Service Awards

Revealing the names of food service players who were recognized for their excellence at the 7th Pepsi IMAGES Food Service Awards held in Mumbai as part of India Food Forum 2023 New Delhi: The 7th Pepsi IMAGES Food Service Awards, held...

Restaurants looking at ONDC to cut reliance on Swiggy/Zomato

Experts say that thousands of small to big restaurants are already selling through ONDC and the number is growing rapidlyNew Delhi: India’s restaurant industry is seeking to cut its stranglehold reliance for online orders on two food-aggregator powerhouses Swiggy...

Delhivery partners with Nexus Ventures, Amazon Web Services for accelerator prog

The programme, Velocity, will help build a logistic ecosystem to enable new entrepreneurs to convert their ideas into viable, functional business solutionsNew Delhi: Logistics company Delhivery has partnered with private equity firm Nexus Ventures and Amazon Web Services to...

ITC Sunfeast Baked Creations pays tribute to Chandrayaan 3 mission with a special dessert

Called Lunar Dulce de Leche Choux Bun by ITC Sunfeast Baked Creations, the dessert features a velvety white rocher glazed choux bun resembling the moon and is adorned with a chocolate replica of the Chandrayaan 3 rover New Delhi: Paying tribute to the...

Zomato, Battery Smart join hands to provide battery swapping access to delivery partners

Under the partnership, Zomato's delivery partners can get access to Battery Smart's existing network of over 800 swap stations across more than 30 citiesNew Delhi: Online food ordering and delivery platform Zomato on Monday said it has partnered with...
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Latest News

Skincare brand Asaya secures $1.5 Million in seed funding

The raised funds will be utilised for research and development of products that cater to melanin-specific needs New Delhi: Premium...
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