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Indian online food delivery sector grew by 150 pc in 2016: Report

Despite low investor sentiment and online food players scaling down operations or shutting shops, India's online food delivery market -- comprising aggregators and internet kitchens -- grew by 150 per cent in 2016 with an estimated GMV $300 million, research firm...

Zomato rolls back operations in 9 overseas markets

After a series of valuation markdown and a sharp 262 per cent increase in losses yesterday, the online restaurant aggregator and food delivery platform, Zomato has pulled off plug in nine of its 23 overseas markets, including the US...
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RBI permits UPI transactions via prepaid payment instruments using third-party apps

A PPI issuer, in its capacity as a payment system provider, should not oonboardcustomers of any bank or any...
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