#MCExclusive ⚡️ Elevation Capital, an early investor in #Swiggy, #Paytm and #Meesho, is said to be in talks to raise $600 million, reports Sriram Mani.
Read more at 👇
https://www.moneycontrol.com/news/business/startup/exclusive-swiggy-meesho-backer-elevation-capital-eyes-600-million-fund-7782401.html?utm_source=telegram&utm_medium=social
Read more at 👇
https://www.moneycontrol.com/news/business/startup/exclusive-swiggy-meesho-backer-elevation-capital-eyes-600-million-fund-7782401.html?utm_source=telegram&utm_medium=social
Moneycontrol
Exclusive: Swiggy, Meesho Backer Elevation Capital Eyes $600 Million Fund
Having minted 6 unicorns in its portfolio in 2021 alone, Elevation Capital (earlier SAIF Partners) is raising its largest ever fund. Analysing its 2021 strategy shows it has been more aggressive than ever before.
#StartUpWithMC | Online food delivery firm @swiggy_in will invest $700 mil in its express grocery delivery business #Instamart to grow it at even faster rates.
Chandra R Srikanth & Priyanka Sahay report at
https://www.moneycontrol.com/news/business/startup/swiggy-to-invest-700-million-in-instamart-clocks-one-million-weekly-grocery-orders-7782941.html
#BigBasket #Grofers #Instamart #Swiggy
Chandra R Srikanth & Priyanka Sahay report at
https://www.moneycontrol.com/news/business/startup/swiggy-to-invest-700-million-in-instamart-clocks-one-million-weekly-grocery-orders-7782941.html
#BigBasket #Grofers #Instamart #Swiggy
Moneycontrol
Swiggy To Invest $700 Million In Instamart, Clocks One Million Weekly Grocery Orders
Swiggy's move to commit a huge investment to Instamart comes at a time when there is heightened competition in the so-called quick commerce space in India- where startups are promising delivery of essentials in under an hour.
Supreme Court has issued notice to all parties including the various ministries of the central govt as well as ANI Technologies of #Ola, #Uber, Bundl Technologies running food-delivery platform #Swiggy, and #Zomato.
Read:
https://www.moneycontrol.com/news/trends/legal-trends/supreme-court-agrees-to-examine-if-aggregator-apps-are-violating-gig-workers-fundamental-rights-7819741.html?utm_source=telegram&utm_medium=social
Read:
https://www.moneycontrol.com/news/trends/legal-trends/supreme-court-agrees-to-examine-if-aggregator-apps-are-violating-gig-workers-fundamental-rights-7819741.html?utm_source=telegram&utm_medium=social
Moneycontrol
Supreme Court agrees to examine if aggregator apps are violating gig workers’ fundamental rights
The plea highlights that gig-workers are given employee rights in several foreign jurisdictions.
When Swiggy released its "stateatistics" for 2021, most weren't surprised to find biryani at the top of the favourites' list. After all, the dish had topped charts for 5 consecutive years, but it created new records. 🍛
Read more at https://www.moneycontrol.com/news/trends/india-ordered-60444000-biryanis-via-swiggy-in-2021-7854511.html?utm_source=telegram&utm_medium=social
#biryani #Swiggy
Read more at https://www.moneycontrol.com/news/trends/india-ordered-60444000-biryanis-via-swiggy-in-2021-7854511.html?utm_source=telegram&utm_medium=social
#biryani #Swiggy
Moneycontrol
India ordered 6,04,44,000 biryanis via Swiggy in 2021
Biryani topped Swiggy charts for the sixth year in a row.
#StartupWithMC | Ordering food on platforms such as Swiggy and Zomato will likely get more expensive this year as both restaurants and cloud kitchens seek to increase prices.
Sanghamitra Kar reports at
https://www.moneycontrol.com/news/business/online-food-delivery-to-get-costlier-amid-rising-inflation-discount-demands-7922661.html
#OnlineFoodDelivery #Swiggy #Zomato
Sanghamitra Kar reports at
https://www.moneycontrol.com/news/business/online-food-delivery-to-get-costlier-amid-rising-inflation-discount-demands-7922661.html
#OnlineFoodDelivery #Swiggy #Zomato
Moneycontrol
Online food delivery to get costlier amid rising inflation, discount demands
Prices of everything from cooking gas to edible oils have shot up, and food aggregators are demanding deeper discounts to expand their own order volumes in the face of the pandemic’s third wave.
Online delivery companies are all set to switch to EVs to meet the 3-month deadline set by the #delhi government.
Read more at 🔻
https://www.moneycontrol.com/news/business/companies-battle-high-costs-infra-bottlenecks-to-meet-delhis-electric-vehicle-mandate-7963231.html?utm_source=telegram&utm_medium=social
#Zomato #Swiggy #Amazon #Flipkart #ElectricVehicles
Read more at 🔻
https://www.moneycontrol.com/news/business/companies-battle-high-costs-infra-bottlenecks-to-meet-delhis-electric-vehicle-mandate-7963231.html?utm_source=telegram&utm_medium=social
#Zomato #Swiggy #Amazon #Flipkart #ElectricVehicles
Moneycontrol
Companies Battle High Costs, Infra Bottlenecks To Meet Delhi's Electric Vehicle Mandate
The Delhi government has mandated that all ride aggregators and delivery services will have to switch to EVs when reinforcing their fleets. High costs, gaps in the supply chain and charging infrastructure loom as potential impediments in the effort aimed…
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"Execution is the only thing under our control," says Zomato's Founder & CEO Deepinder Goyal, on a day when the company's stock has tumbled even as rival #Swiggy raised a massive #funding round.
Read 🔻
https://www.moneycontrol.com/news/business/startup/i-have-been-waiting-for-a-bear-market-zomato-ceo-tells-employees-amid-steep-fall-in-stock-price-7976881.html?utm_source=telegram&utm_medium=social
Read 🔻
https://www.moneycontrol.com/news/business/startup/i-have-been-waiting-for-a-bear-market-zomato-ceo-tells-employees-amid-steep-fall-in-stock-price-7976881.html?utm_source=telegram&utm_medium=social
Moneycontrol
'I've been waiting for a bear market,' Zomato CEO tells staff as share suffers a steep fall
Execution is the only thing under our control, says Deepinder Goyal, founder and chief executive of online delivery firm Zomato on a day when the company's stock has tumbled even as rival Swiggy raised a massive funding round.
A day after #CCI ordered probe into the conduct of both #Zomato & #Swiggy, Zomato said that the competition watchdog wants to investigate aspects such as preferential listing of restaurant partners and pricing parity.
Read 🔻
https://www.moneycontrol.com/news/business/zomato-says-it-will-explain-to-cci-why-its-practices-comply-with-the-competition-law-8319391.html?utm_source=telegram&utm_medium=social
Read 🔻
https://www.moneycontrol.com/news/business/zomato-says-it-will-explain-to-cci-why-its-practices-comply-with-the-competition-law-8319391.html?utm_source=telegram&utm_medium=social
Moneycontrol
Zomato reacts to CCI probe, says its practices comply with the laws
CCI had ordered an investigation in the conduct of both Zomato and Swiggy based on allegations made by the restaurants association.
#Zomato and #Swiggy are facing technical glitches on a weekday with many Indian users not being able to place orders on the two apps.
Here's how people reacted 👇
https://www.moneycontrol.com/news/trends/zomato-swiggy-down-users-complain-of-not-being-able-to-order-food-8324301.html?utm_source=telegram&utm_medium=social
Here's how people reacted 👇
https://www.moneycontrol.com/news/trends/zomato-swiggy-down-users-complain-of-not-being-able-to-order-food-8324301.html?utm_source=telegram&utm_medium=social
Moneycontrol
Zomato, Swiggy down during lunch hours. Users complain of not being able to order food
The Zomato and Swiggy crash comes during lunch hours on a weekday, causing trouble to users.
As many as four drone #startups have been selected by #Swiggy for a pilot project that involves carrying out supply runs for the food delivery platform’s #grocery service Instamart.
Read on 👇
https://www.moneycontrol.com/news/business/startup/swiggy-to-commence-drone-trials-for-instamart-selects-four-startups-for-pilot-project-8433131.html?utm_source=telegram&utm_medium=social
Read on 👇
https://www.moneycontrol.com/news/business/startup/swiggy-to-commence-drone-trials-for-instamart-selects-four-startups-for-pilot-project-8433131.html?utm_source=telegram&utm_medium=social
Moneycontrol
Swiggy to commence drone trials for Instamart, selects four startups for pilot project
Across two tranches, drone startups Bengaluru-based Garuda Aerospace Pvt Ltd, New Delhi-based Skyeair Mobility Pvt Ltd, ANRA+TechEagle Consortia, and Hyderabad-based Marut Dronetech Pvt Ltd will “replenish stocks between seller-run dark stores and from a…
A former #Swiggy and #Zomato delivery person has shared on social media his inspiring journey towards becoming a software professional. 🛵 🧑🏻💻
Read at 👇
https://www.moneycontrol.com/news/trends/how-this-swiggy-delivery-agent-landed-the-tech-job-of-his-dreams-8596951.html?utm_source=telegram&utm_medium=social
Read at 👇
https://www.moneycontrol.com/news/trends/how-this-swiggy-delivery-agent-landed-the-tech-job-of-his-dreams-8596951.html?utm_source=telegram&utm_medium=social
Moneycontrol
How this Swiggy delivery agent landed the tech job of his dreams
Shaik Abdul Sathar, who now works with a Bengaluru-based IT company, took up delivery jobs in his final year of college to supplement his family’s income.
#Swiggy released a discount coupon called ''___________'' to celebrate #ViratKohli’s knock of 82 runs. 🏏
Applying the coupon code would give customers a flat discount of Rs 82 on their Swiggy order. 🍲
Check the coupon code here 👇
https://bit.ly/3VZI2yY
Applying the coupon code would give customers a flat discount of Rs 82 on their Swiggy order. 🍲
Check the coupon code here 👇
https://bit.ly/3VZI2yY
Moneycontrol
T20 World Cup 2022: Swiggy releases discount code to celebrate Virat Kohli’s spectacular knock
Virat Kohli’s knock of 82 runs (not out) off 53 balls in the first match of the 2022 T20 World Cup led India to victory against arch rivals Pakistan.
Tension brewing for months between #restaurants & food aggregators reached a flashpoint with the former exiting #Swiggy’s Dineout platform.
Here’s an explainer on the development of this tussle 👇
shorturl.at/joU02
Here’s an explainer on the development of this tussle 👇
shorturl.at/joU02
Moneycontrol
Food aggregators vs restaurants: what’s cooking?
Restaurateurs say Zomato and Swiggy are compelling them to offer heavy discounts to dine-in customers, hurting the only profitable part of their business
#MCTech3: Top #tech and #startup news this evening
✳️ #NarayanaMurthy blames investors for #startup woes
✳️ #Swiggy sells cloud kitchen business
✳️ #Maharashtra wants its startups back
Sign up for the newsletter: https://bit.ly/3Y99tGt
✳️ #NarayanaMurthy blames investors for #startup woes
✳️ #Swiggy sells cloud kitchen business
✳️ #Maharashtra wants its startups back
Sign up for the newsletter: https://bit.ly/3Y99tGt
Moneycontrol
Tech3 | Narayana Murthy blames investors for startup woes; Swiggy sells cloud kitchen business; and more
In today’s Tech3 newsletter, NR Narayana Murthy bats for entrepreneurs, hits out at VCs; Swiggy exits cloud kitchen business
"InsanelyGood by Swiggy offers customers fresh, authentic, and delicious groceries delivered to their doorstep the next morning. We are currently running a pilot program in Bangalore,” a #Swiggy spokesperson said.
Read Here 👇🏻
https://bit.ly/3J6u5JU
Read Here 👇🏻
https://bit.ly/3J6u5JU
#MCTech3 ⚡️ Top #tech and #startup news this evening 🔥
✴️ Why investors don't want startups to move money to GIFT City
✴️ Embrace failure: #IITMadras star mentor to entrepreneurs
✴️ How #Zomato edged out #Swiggy
Sign up for the newsletter 👇
https://bit.ly/3lDM2aP
✴️ Why investors don't want startups to move money to GIFT City
✴️ Embrace failure: #IITMadras star mentor to entrepreneurs
✴️ How #Zomato edged out #Swiggy
Sign up for the newsletter 👇
https://bit.ly/3lDM2aP
#MCTech3: Top tech and startup news this evening
⚡️#Google dangles olive branch with a catch
⚡️Inside a #UPI scammer's playbook
⚡️#Swiggy now delivers to trains
Sign up for the newsletter👇
https://www.moneycontrol.com/news/technology-startup/newsletters/MCTech3/tech3-google-dangles-olive-branch-with-a-catch-inside-a-upi-scammer-s-playbook-and-more/?telegram
⚡️#Google dangles olive branch with a catch
⚡️Inside a #UPI scammer's playbook
⚡️#Swiggy now delivers to trains
Sign up for the newsletter👇
https://www.moneycontrol.com/news/technology-startup/newsletters/MCTech3/tech3-google-dangles-olive-branch-with-a-catch-inside-a-upi-scammer-s-playbook-and-more/?telegram
Moneycontrol
Tech3 | Google dangles olive branch with a catch; Inside a UPI scammer's playbook; and more
In today’s Tech3 newsletter, Google dangles an olive branch with a catch; Inside a UPI scammer's playbook
#MCOpinion | Delivery Diaries: A breakdown of what India eats & how it's changing 🍽️
From craving more often to shifting away from traditional meal schedules, see how our food choices are changing.🥘
Read more on this⤵️
https://www.moneycontrol.com/news/opinion/delivery-diaries-a-breakdown-of-what-india-eats-and-how-its-changing-12764443.html
#Food #India #Opinion #Swiggy #Zomato
From craving more often to shifting away from traditional meal schedules, see how our food choices are changing.🥘
Read more on this⤵️
https://www.moneycontrol.com/news/opinion/delivery-diaries-a-breakdown-of-what-india-eats-and-how-its-changing-12764443.html
#Food #India #Opinion #Swiggy #Zomato
Moneycontrol
Delivery Diaries: A breakdown of what India eats and how it's changing
Eating is now just a secondary habit, yet we consume more. It's no longer about three meals a day but giving in more often to our craving
#MCTrends | 🍔🚫 Capitalmind CEO Deepak Shenoy drastically cuts Swiggy, Zomato orders due to high platform charges—now down to once a week or fortnight. "Restaurants often cheaper direct," he noted.
Tap 👇 to know more!
https://www.moneycontrol.com/news/trends/massively-reduced-ordering-from-swiggy-zomato-says-capitalmind-ceo-platform-charge-is-now-rs-6-12768717.html
#Capitalmind #DeepakShenoy #Zomato #Swiggy
Tap 👇 to know more!
https://www.moneycontrol.com/news/trends/massively-reduced-ordering-from-swiggy-zomato-says-capitalmind-ceo-platform-charge-is-now-rs-6-12768717.html
#Capitalmind #DeepakShenoy #Zomato #Swiggy
Moneycontrol
Massively reduced ordering from Swiggy, Zomato, says Capitalmind CEO: 'Platform charge is now Rs 6'
Bengaluru-based founder-CEO Deepak Shenoy said that he used to order lunch and dinner about 12 times a week, he now barely orders food online once a week or once in two weeks. 'Many restaurants offer lower prices if you order direct, and for larger orders…