Swiggy’s Instamart showed strong performance, delivering over 32,000 unique items across 54 cities with an average delivery time of 13 minutes.
The Food Safety and Standards Authority of India (FSSAI) has recently mandated that all food items sold online must have a minimum remaining shelf life of 30% or 45 days upon delivery. This decision addresses growing concerns about the quality and safety of food products delivered through e-commerce platforms, ensuring that consumers receive fresh and […]
Swiggy has filed a draft red herring prospectus (DRHP) to raise USD 1.2bn (offer for sale [OFS] and fresh issue) via the IPO route on September 26, 2024; we have tried to assess business growth prospects of food and quick commerce (qCommerce), and its impact on Zomato (ZOMATO IN, Buy, CMP: INR 282, TP: INR […]
The parent company of Paytm, One 97 Communications Limited (OCL), has announced the sale of its entertainment ticketing business to Zomato for ₹2,048 crore.
NEW DELHI: Zomato turned 16 years old and had a heartfelt celebration. Founder and CEO Deepinder Goyal, joined by his wife Grecia Munoz and Albinder Dhindsa, CEO of Blinkit, a company under the Zomato umbrella, commemorated the occasion with a touching gesture. The festivities began at a Zomato Feeding India-supported school, where Goyal, Munoz, and […]