food delivery

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...

Amazon failed to compete with Swiggy, Zomato in India: Shutting down its food delivery business

Amazon Food is shutting down in India. This news comes as a surprise given that Amazon's food delivery service has been operational in the country for a little over two years now. In January 2020, the e-commerce giant started...

Zomato Q4 FY22 Results: Lost Rs 4 crore every day despite 75% jump in revenue

India's leading food aggregator Zomato's Q4 FY22 results are out. The company presented a mixed bag of performance in the last fiscal quarter of 2022 albeit with a promising forecast for the quarters to come. Zomato's net loss in Q4...

Zomato Offers Unlimited Free Delivery To Match Swiggy Super

The competition between Zomato and Swiggy is bound to intensity as both the food delivery unicorns have created a bigger war chest to strengthen its market presence. In a bid to lure Swiggy's premium customers, Zomato has launched Zomato...

InfoEdge Still Betting Big On Zomato Even After Overwhelming Response To IPO

After the success of Zomato’s IPO, the founder and vice chairman of InfoEdge, Sanjeev Bikchandani said that Zomato sees ‘tremendous potential’ and he is still betting on the latter. He also revealed that he is not going to sell...

Swiggy To Have A Bigger Warchest To Take On Zomato

As the Indian investments community is excited about the Zomato IPO, scheduled for tomorrow, the arch-rival Swiggy is busy preparing a bigger war chest to take on Zomato. The Competitive Commission of India (CCI) has given approval to $450 million...

Zomato IPO: Gateway To A $50 Billion Valuation In The Next 5 Years?

Looks like Zomato IPO would be the talk of the town for months to come. With the online food delivery business slowly starting to resemble the pre-pandemic heydays, Zomato is looking to take it an even higher notch. In a...

Zomato Beefs Up Valuation Prior To IPO In Its Latest Fundraising Round!

Before heading to the stock market with an IPO, the homegrown food delivery startup Zomato beefs up its valuation by raising a whopping $250 million as an investment. According to a regulatory filing by one of Zomato’s earliest investors Info...

Can Zomato And Swiggy Replicate DoorDash’s IPO Success In India?

DoorDash Inc., an American food delivery services firm, recently had a massively successful IPO debut with a listing gain that soared 90% over its issue price. Now, following their success, many investors are getting excited about its Indian peers Zomato...

Backed By Narayan Murthy, Jeff Bezos To Go After Zomato And Swiggy!

Just when Zomato and Swiggy thought that after the acquisition of UberEats by Zomato, the food delivery market in India is going to be a two-horse race, there is a new surprise waiting for them. It has been reportedly found...
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Made-In-India smartphone shipments 2022: Apple iPhone shipments grew 65% YoY by volume and 162% YoY by value [REPORT]

All major global tech companies, including Apple, Samsung, Xiaomi, and others, have established smartphone manufacturing facilities in India. These...
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