Food and Grocery

Swiggy Delivered Double-Digit Revenue Growth in FY23, But IPO Hopes Hinge on Turning Red Ink Blue

Swiggy, India's online food and grocery-delivery company, has recently filed its financial statements for fiscal 2023, ending on March 31, 2023, and the results are noteworthy. The company reported an impressive 45% YoY growth in its operating revenue, amounting...

Swiggy, Zomato, Blinkit saw record-breaking food and grocery orders on New Year’s Eve!

December is a holiday-filled month, including Christmas and New Year. As no new year party is ever complete without food and drinks, millions of Indians on 31 December 2022 used their smartphones/laptops to order food online. On new year's...

Zomato Sets Eyes On $10.2 Billion Online Grocery Delivery Market in India

The 21-day nationwide lockdown imposed in India due to the Covid-19 outbreak fueled a massive change in existing consumer behaviour. People have now pivoted to spending a huge chunk of their money on essentials such as groceries as opposed...

Amazon Ups The Ante Against Flipkart, BigBasket And Grofers With Rs 240 Cr Infusion

The Seattle-based American multinational tech-gargantuan Amazon has pronounced curative strategies to establish its compelling market presence in Indian loam. The company is actively making moves to capture a lion's share of the food-only retail industry in India. In accordance with the...
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Tech Layoffs in 2024 Showing No Sign of Slowing Down: Google and Tesla Among the Hardest Hit

When layoffs in tech companies peaked in 2023, industry analysts attributed this surge to excessive hiring during the Covid-19...
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