Dazo
Food
Hyper-local delivery startup Genie to halt operations; to deliver last order on March 31
Chennai based hyper-local delivery startup, Genie is halting its operations and will be delivering the last order on March 31.
Genie decided to shut shop as it failed to raise the funds to sustain operations and for growth.
The company made...
Food
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...
Food
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...
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Latest News
Swiggy’s loss narrows marginally to Rs 626 crore in Q2
In a regulatory filing, Swiggy said at the consolidated group level, it expects to achieve "positive adjusted EBITDA by...
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