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Swiggy to consolidate market position; to turn profitable in all 7 cities

Despite beginning with a bang, Indian food tech startups have been feeling the heat since 2015. Many of them have either shut shop, others have scaled down operations. Though, initially touted to be worth US $50 billion, food tech startups...

Are mergers the roadmap to success for the e-commerce industry?

Experts have long believed that 2016-17 will witness a large number of mergers and acquisitions (M&A) in the startup industry - a supposition that was corroborated with the merger of Goibibo with MakeMyTrip. Indeed, the corporate appetite for M&A has...

Mergers: The road to success for the e-commerce industry

Experts have long believed that 2016-17 will witness a large number of mergers and acquisitions in the startup industry and the recent merger of Goibibo with Make My Trip has only corroborated this supposition. Indeed, the corporate appetite for mergers and acquisitions has increased...

Is there something wrong with food-tech startups?

A pure delivery model is a no-no because value-add is not great. As an investor, I would be inclined to invest my money in a food-tech startup that connects restaurants and consumers, enables discovery and has a rational costing...

Why e-grocery firms are walking the path of doom

With funding coming down and valuations being slashed, a number of start-ups in the country are struggling to meet their hiring commitments. All have been aggressively recruiting top talent - including big-ticket Silicon valley veterans - with the millions of dollars...

Grofers to lay off 10 pc staff, revokes job offers

Grofers India Pvt. Ltd, the grocery delivery start-up funded by Softbank Corp. and Tiger Global Management, will lay off 10 per cent of its workforce, even as it revoked job offers to fresh graduates, citing adverse market conditions. On Tuesday,...

Roadrunnr acquires Tinyowl, rebrands as Runnr

Hyperlocal delivery start-up Roadrunnr has acquired food ordering firm TinyOwl Technology Pvt Ltd and has transitioned into a food ordering and delivery platform. It has also rebranded itself as Runnr. “Runnr’s strengths lie in technology and efficiency of operations that...

5 food-tech startups in troubled waters

The Bubble Is Bursting Despite beginning with a bang, Indian food tech startups have been feeling the heat since last year. Many of them have either shut down or have scaled down their operations. Though, initially touted to be worth $50...

TinyOwl shuts operations in all cities except Mumbai

TinyOwl, the online food ordering platform has temporarily discontinued its services in all cities except Mumbai from, according to the official blog of the company. Earlier, TinyOwl was operational in cities like Delhi-NCR, Bangalore, Mumbai, Navi Mumbai, Hyderabad, Chennai, Ahmedabad,...

Roadrunnr, TinyOwl to merge in all-stock deal

To create an integrated hyper-local delivery service, logistics player Roadrunnr and online food ordering platform TinyOwl are in preliminary stages of talks to merge in an all-stock deal. However, the vision of the combined entity is yet to be discussed....
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Digital Icon: Ranjan Sharma

Sharma has been serving as the CIO and Head of Supply Chain at Bestseller India since August 2012, amassing...
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