Swiggy
Food
Health food needs to be priced lower in India: Walmart India President & CEO, Krish Iyer
The 10th edition of India’s largest food intelligence event – India Food Forum 2017 - currently underway in Mumbai kick-started with a debate on how innovation is leading to growth and potential for food market.
The forum is a crisp barometer of...
Food
UberEATS to launch food delivery service in India, take on Swiggy, Zomato
Uber, a taxi-hailing firm is all set to launch its food-delivery app, UberEATS very soon in India, the company announced on Monday.
The restaurant food delivery service, which first began in 2014 in Los Angeles, has been slowly making its way...
Food
Tapzo integrates food delivery services Swiggy, Zomato, Freshmenu and Fassos
App only services and content platform Tapzo has integrated Swiggy, Zomato, Freshmenu and Faasos on its portal in a bid to give its customers the choice of ordering from multiple food players on a single interface.
Tapzo is being positioned...
Food
FreeCharge witnesses 12x growth in food orders post demonetization
Digital wallet firm FreeCharge today announced that food orders using FreeCharge have grown 12 times in the last 30 days since demonetization happened.
Additionally, the company says that it has also added F&B outlets in over 110 cities since demonetization...
Food
Swiggy raises US$ 15 million in fourth strategic round of funding
Food ordering and delivery platform Swiggy has raised USD 15 million in a fourth strategic round of funding (Series D) from Bessemer Venture Partners, with existing investors also participating.
The freshly raised funds is expected to fuel Swiggy's next growth...
Food
How retailers can remain relevant in the mobile world
At a time when consumers are spending most of the time on their mobiles and looking for conveniences, how can the regular shop compete with tech-savvy startups like Grofers, BigBasket, Swiggy, etc? How can they leverage superior analytics that...
INDIA FOOD FORUM - Food Services
US-based Bessemer Venture Partners to invest Rs 80 crore in Swiggy
US-based venture capital firm Bessemer Venture Partners is in advanced talks to invest around Rs 80 crore or $12 million in food-delivery company Swiggy, according to two people aware of the negotiations. The deal, if it concludes, will value...
Retail
Swiggy raises $ 7 million in fresh round of funding
Food ordering app Swiggy has raised an additional amount of $7 million from its existing investors Norwest Venture Partners, DST Global and Accel Partners.
In January this year the Bangalore-based startup raised $35 million in Series C from New York-based...
Food
HSBC brokerage slashes Zomato’s $1bn value by half
HSBC's brokerage arm - HSBC Securities and Capital Markets (India) - has cut the valuation of Zomato. The restaurant search service's valuation was slashed from $1 billion to $500 million.
The move comes close on the heels of a valuation downgrade in e-commerce player Flipkart...
Food
Future of QSRs: Collaborative, offline-to-online models
The F&B service industry is one of India’s most vibrant industries with over 25 per cent yearly growth. The Indian food and beverage market, estimated to be over Rs 2 lakh crore in size, may nearly double to touch...
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Ambani unveils growth roadmap for Reliance, co to double in size by 2030
The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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