Food delivery
E-Commerce
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 8New Delhi: Food delivery and quick-commerce...
E-Commerce
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...
E-Commerce
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 DivisionNew 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 partnersNew 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 aheadNew Delhi: Zomato CEO Deepinder Goyal on Monday advised entrepreneurs to be led by passion and drive while...
Food & Beverage
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 weeksNew Delhi: Swiggy will offer food delivery services to passengers at Bengaluru, Bhubaneswar, Visakhapatnam and Vijayawada railway stations beginning March 12.The food delivery services...
Finance & Funding
Tastes2plate to raise Rs 30-40 crore to fuel growth in intercity food delivery
PTI -
The funds will be primarily used for capacity building in marketing, information technology, and logistics infrastructureKolkata: Kolkata-based intercity cooked food delivery startup, tastes2plate.com, is close to raising Rs 30-40 crore in Series A venture funding, aiming at unlocking exponential...
Food Service
Not hiked platform fee, no plans for significant increase in near term: Swiggy
PTI -
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...
Food & Beverage
Quick-commerce, food-delivery firms register massive order surge on New Year’s Eve
PTI -
Zomato CEO Deepinder Goyal shared that the food delivery platform delivered almost as many orders on New Year's Eve (NYE) 2023 as it did on NYE 15, 16, 17, 18, 19, and 20 combinedNew Delhi: Food delivery and quick...
E-Commerce
Alipay Singapore Holding exits Zomato, sells 3.44% stake worth Rs 3,337 crore
PTI -
Alipay Singapore Holding Pte sold more than 29.60 crore shares of Zomato in 31 tranches on the BSENew Delhi: Alipay Singapore Holding, an arm of Chinese e-commerce giant Alibaba, on Wednesday divested its entire 3.44% stake in online food...
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Latest News
Chandni Chowk Wedding Festival draws 1.56 million visitors at Omaxe Chowk
More than 75 brands across fashion, jewellery, and lifestyle from Chandni Chowk and Omaxe Chowk came together for the...
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