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Swiggy raises $ 7 million in fresh round of funding

Food ordering app Swiggy has raised an additional amount of $7 million from its existing investors Norwest Venture Partners, DST Global and Accel Partners. In January this year the Bangalore-based startup raised $35 million in Series C from New York-based...

HSBC brokerage slashes Zomato’s $1bn value by half

HSBC's brokerage arm - HSBC Securities and Capital Markets (India) - has cut the valuation of Zomato. The restaurant search service's valuation was slashed from $1 billion to $500 million. The move comes close on the heels of a valuation downgrade in e-commerce player Flipkart...

Future of QSRs: Collaborative, offline-to-online models

The F&B service industry is one of India’s most vibrant industries with over 25 per cent yearly growth. The Indian food and beverage market, estimated to be over Rs 2 lakh crore in size, may nearly double to touch...
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Complaint filed against Flipkart, BigBasket for allegedly making employee work on election day

When contacted, Flipkart said it is giving paid holidays to only eligible employeesNew Delhi: A complaint has been filed...
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