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Deals Digest: Funding activity tanks seeing steepest decline in weeks

TMT

03 March, 2023

Deals Digest: Funding activity tanks seeing steepest decline in weeks

In a major decline in funding activity, deal value more than halved from the last week as the last five ......

VC-backed Kitchens@ buys Swiggy's cloud kitchens after snapping Zomato's ZIS

TMT

02 March, 2023

VC-backed Kitchens@ buys Swiggy's cloud kitchens after snapping Zomato's ZIS

Food delivery aggregator Swiggy has sold its cloud kitchen business to Beenext-backed Loyal Hospitality Pvt. Ltd, which operates cloud kitchen ......

Zomato presses for home-style meals in a revival push

TMT

22 February, 2023

Zomato presses for home-style meals in a revival push

Zomato on Wednesday rolled out a new offering under which the food aggregator will deliver its users affordable and home-cooked ......

Zomato's dining head steps down to join Kenko Health

People

07 February, 2023

Zomato's dining head steps down to join Kenko Health

Zomato’s global dining business head Aman Priyadarshi, who quit the online food delivery firm last month, has joined Kenko Health ......

Swiggy ropes in 3 independent directors on its board

Consumer

06 February, 2023

Swiggy ropes in 3 independent directors on its board

Food delivery unicorn Swiggy on Monday said it has appointed three independent directors to its board as the Softbank-backed company ......

Swiggy lays off 380 employees

TMT

20 January, 2023

Swiggy lays off 380 employees

Food and grocery delivery aggregator Swiggy has laid off 380 employees or nearly 6% of its 6,000-strong staff, becoming the ......

Zomato sees fourth high profile exit in two months

Consumer

02 January, 2023

Zomato sees fourth high profile exit in two months

Food delivery aggregator Zomato co-founder and chief technology officer Gunjan Patidar resigned from his position on Monday, in the fourth ......

SoftBank-backed Swiggy's FY22 loss doubles

Finance

02 January, 2023

SoftBank-backed Swiggy's FY22 loss doubles

Bundl Technologies Pvt. Ltd, which runs food delivery platform Swiggy, widened its loss on the back of rising expenses.   The ......

Milk tops chart of most-ordered groceries online: Report

Consumer

23 December, 2022

Milk tops chart of most-ordered groceries online: Report

As the popularity of quick commerce rose through the year, platforms such as Swiggy’s Instamart as well as Dunzo shared ......

Bengaluru leads in quick commerce app adoption in India

TMT

23 December, 2022

Bengaluru leads in quick commerce app adoption in India

As the popularity of quick commerce rose through the year, platforms such as Swiggy’s Instamart as well as Dunzo shared ......