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Zomato denies Grofers acquisition in e-grocery race

Food delivery platform Zomato on Tuesday refuted reports that the company is in talks with Gurugram-based grocery delivery platform Grofers to acquire it for nearly $750 million. Flush with funds, Zomato has partnered Grofers for the delivery of essential items along with other FMCG and grocery stores — to meet the surge in demand amid …

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Amazon plans to become much more than a super app in India

Two weeks ago, online retail giant Amazon kicked off food delivery pilot for its employees in select localities of Bengaluru, to grab a piece of the pie in India’s food-tech market, which will soon be worth more than USD 17 billion. The popular perception is that Amazon is gearing towards becoming India’s first super app, leaving behind payment …