This is the second such incident in the city in last few days.
Seems to reflect a maturing of the segment; Delhi-based Wingify buys US-based entity a day after Zomato's Polish buyout
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.
'I saw an opportunity to provide people with employment, enabling them to sustain themselves and, in the process, help alleviate society's suffering.'
Tax concealment in case of Walmart-owned Flipkart's unit is about Rs 650 crore while the remaining estimation is related to Swiggy.
'Kindly advise about the following stocks. Can I hold or exit?'
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.
Fresher hiring is expected to more than double compared to last year.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Sure, we are teenagers who are doing this part time, but we feel we are making some sort of an impact.'
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.
RustOrange co-founders Samik Sarkar, Shashank Agnihotri and Kuvalaya Singh share their story and learnings.
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.
What India's top restaurants are doing to satisfy your food cravings.
Internet entrepreneurs are the next big thing in India.
Backed by China's Tencent and Prosus NV, Swiggy has around 8,000 employees.
Hint: The Leela houses the actor's favourite Italian restaurant.
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.
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.
What made these 10 businesses rise above the rest? Read on to find out...
None of the top five start-ups launched by IITians - Flipkart, Zomato, Ola Cabs, Housing.com and Inmobi - were incubated at IITs
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.
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
Indian companies had invested $7.34 billion.
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.
Over 10 Indian start-ups with total valuations of $84 billion (some are planning fresh fund-raising) are bracing to launch initial public offerings (IPOs) in the next 36 months. While the size of their IPOs is under discussion, estimates are that they would together raise a minimum of over $8-10 billion during the initial listing.
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.
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.
Google of food, Zomato is keen to do more acquisitions in 2015.
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.
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.
From Rs 191 billion in 2019, the world's largest film producing industry now stands at Rs 72 billion thanks to the pandemic.
The capital infusion is expected to bolster its presence in the country by funding its key businesses to take on Indian rival Ola.
Vikramank Singh looks back at the year gone by!
Swiggy had in June entered the elite Unicorn club after raising $210 million from a group of investors
In the future, publishers will need to think of digital immersive marketing just like marketing a movie or show on Netflix is an immersive experience.