Swiggy is following a path that seems similar to what Meituan, one of China's largest O2O (online-to-offline) platforms that delivers food, sells movie tickets and offers hotel reservation, has done so far, reports Patanjali Pahwa.
'Waiting for a market correction and optimising entry time in the markets will be akin to missing the woods for the trees.'
Rohit Sharma, who is the vice-captain of the Indian ODI team, has donated Rs 45 lakh and Rs 25 lakh to the and CM's Relief Fund (Maharashtra) respectively. He has given Rs 5 lakh to 'Zomato Feeding India', which is helping families affected by the ongoing national lockdown, and another Rs 5 lakh to help aid the welfare of stray dogs.
This is the second such incident in the city in last few days.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
No government can 'ignore inclusiveness in a democracy', Montek Singh Ahluwalia tells Anjuli Bhargava.
As regular promotional discounts and offers rolled out by well-funded apps determine the demand trend, online hospitality aggregators face growing discontent from restaurants and hotels over commissions and pricing power.
Tax concealment in case of Walmart-owned Flipkart's unit is about Rs 650 crore while the remaining estimation is related to Swiggy.
'I saw an opportunity to provide people with employment, enabling them to sustain themselves and, in the process, help alleviate society's suffering.'
The market price action seems to point in this direction. Let's hope we finally break out. It is about time! asserts Akash Prakash.
India is currently home to 52 unicorn startups and one of the fastest-growing startup ecosystems.
Fresher hiring is expected to more than double compared to last year.
After a recent spate of big-bang funding of food discovery and delivery apps, experts believe the sector's consolidation might be over and the remaining players are here to stay and thrive.
The silver lining is that after two years, e-commerce has emerged as the top sector with $689 million in investments across 15 deals, accounting for 43 per cent of all investments in January 2021.
'Kindly advise about the following stocks. Can I hold or exit?'
Internet entrepreneurs are the next big thing in India.
'Sure, we are teenagers who are doing this part time, but we feel we are making some sort of an impact.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
There is a lot of police action on the ground and even inter-state movement has been stopped, because of which deliveries of essential items via platforms, such as Flipkart, Amazon, Grofers, and Milkbasket, aren't happening. Food-delivery firms -- Swiggy and Zomato -- are facing similar challenges, according to the sources.
Hint: The Leela houses the actor's favourite Italian restaurant.
What made these 10 businesses rise above the rest? Read on to find out...
What India's top restaurants are doing to satisfy your food cravings.
None of the top five start-ups launched by IITians - Flipkart, Zomato, Ola Cabs, Housing.com and Inmobi - were incubated at IITs
Backed by China's Tencent and Prosus NV, Swiggy has around 8,000 employees.
High penetration of internet, increased use of smartphones help the cause of top e-commerce firms, leading to a rapid rise in their valuations.
A new logo can harm image than doing good, say experts.
As COVID-19 cases are on the rise in Tamil Nadu, Palaniswami on Friday had announced a complete shutdown beginning Sunday in Chennai, Coimbatore and Madurai for four days, disallowing grocery shops as well and fully curtailing movement of the public.
RustOrange co-founders Samik Sarkar, Shashank Agnihotri and Kuvalaya Singh share their story and learnings.
Indian companies had invested $7.34 billion.
Is the XUV700 just a facelifted XUV500 or is it a completely new breed in the vast range of SUVs available today? Rajesh Karkera takes the latest offering from the Mahindra stable for a spin to find out.
For India startups, pulling in the reins now may enable them to live longer - even if it means shedding their unicorn status, says Una Galani.
Though fundraisings for startups still rank amongst the biggest deals struck this year, the average ticket size has fallen sharply, says Una Galani.
Google of food, Zomato is keen to do more acquisitions in 2015.
Vikramank Singh looks back at the year gone by!
Data from market research agency Nielsen shows that 152 new players entered the hygiene market in March as the lockdown was implemented to contain the spread of the coronavirus disease. The trend is expected to continue, the agency says, as hygiene and health emerge as key themes.
What is aggravating the situation is that e-commerce firms are facing huge shortage of delivery personnel. They have not been able to bring back their staff to work, despite offering higher pay and Covid-related insurance packages.
Over the past week, several unusual partnerships among start-ups, traditional businesses and hospitals have been announced, and several more are likely to materialise soon. The trend could see increased importance of gig workers, who are taking considerable risk to deliver goods to people in the time of a pandemic.
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
The capital infusion is expected to bolster its presence in the country by funding its key businesses to take on Indian rival Ola.
India took the first step towards legalising drones by officially publishing draft rules for drone operations in the Official Gazette on Friday. The rules, termed The Unmanned Aircraft System Rules, 2020, are open for public consultation for 30 days.
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