The great Indian tech startup story is being rewritten amid the Covid-19 pandemic as traditional sectors still bear the brunt. With 16 unicorns (startups with a valuation of over $1 billion) and more than $11 billion in funding, chiefly from the US-based investment firms (till June-end), the year 2021 has proved that Chinese investment is …
If you are among those who are thrilled to once again see food delivery boys all around, or plan to visit a restaurant and does not get reservation or have to fight for one — as COVID-19 caseloads surge by nearly one lakh a day in India — mind you that this situation does not …
In a strong signal to leading players Zomato and Swiggy who have been severely hit by Covid-19, ecommerce giant Amazon with deep pockets on Thursday announced it has entered the vast online food delivery market in India, with introducing Amazon Food at select pin codes in Bengaluru. Amazon Food is currently allowing customers to order …
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 …
As merger reports of Bengaluru-based Swiggy and Gurugram-based Zomato — two biggest players in the burgeoning online food delivery market — resurfaced, Deepinder Goyal-led Zomato on Tuesday refuted reports, saying they are not in talks with anyone. “We have tremendous focus on our business metrics and have seen great success in our goal towards profitability. …