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Swiggy sets up COVID-19 relief fund for its delivery partners

Food delivery platform Swiggy on Tuesday said it has set up a relief fund called ‘Swiggy Hunger Savior Covid Relief Fund which will be used towards the safety and welfare of delivery partners and their families. The corpus for the...

E-commerce firms resume partial operations, deliveries to be delayed

Some e-commerce companies on Friday partially resumed operations for the sale of groceries and essential items but deliveries to customers will be delayed, according to company officials. According to a PTI report: A leading e-commerce firm said players in the...

Zomato, Swiggy still there but no food to order

Ironic as it may sound but digital India saw its biggest challenge on Wednesday when smartphone-based leading food delivery platforms Zomato and Swiggy found themselves in no man's land as restaurants, including cloud kitchens, went out of service and...

Cloud Kitchens: Cooking up a storm in the foodservice industry

Cloud Kitchens, Dark Kitchens, Internet First Kitchens, Online Kitchens, Delivery Only Kitchens, Ghost Kitchens – these are all the different names given to the fastest growing food delivery business in India and perhaps, globally. Essentially, a kitchen without a...

Swiggy raises US$ 113 mn from investors led by Prosus

Food ordering and delivery platform Swiggy on Wednesday said it has raised US$ 113 million (over Rs 805 crore) in the latest funding round led by existing investor Prosus NV. Meituan Dianping and Wellington Management Company also participated in...

Swiggy co-creates 100 delivery-first brands

Food delivery platform Swiggy on Wednesday said it has created 100 delivery-first brands in partnership with 95 restaurants across 13 cities through the company's ‘BrandWorks’ initiative. Swiggy BrandWorks enables restaurant partners having unutilised kitchen capacities, to co-create delivery-first brands to...

'Indian online food delivery market to hit US$ 8 billion by 2022'

Rapid digitisation and growth in both online buyer base and spending will help India's online food industry to become a US$ 8 billion market by 2022 -- growing at a CAGR of 25-30 percent, a new report said on...

Nandan Reddy, Co-founder, Swiggy

Nandan Reddy Co-founder Swiggy Nandan Reddy is a BITS Pilani alumnus and has previously worked as a consultant and has built another start-up around a tablet-based POS for restaurants. He has been a part of the core management team at Source Pilani,...

Funding in food-tech startups in India: Trends

According to a report of World Bank in 2019, agriculture and food comprise of 10% in global GDP. In recent years, as the focus of consumers shifts towards sustainability, health and hygiene, India’s food sector is going through robust...

A mixed platter for REBEL Foods

REBEL Foods - the self-proclaimed, ‘World’s Largest Internet Restaurant Company’ sees revenues double but losses widen. Here is the good news: REBEL Foods has seen an incredible 2X+ growth in outlet count. A little over an year ago, Jaydeep Burman, Co-founder/CEO,...
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Le Pain Quotidien re-enters Indian market, targets 100 outlets by 2035

The QSR chain targets a brand valuation of Rs 1,000 crore over the next decade Bengaluru: Belgian bakery and restaurant brand...
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