Business News Startups Swiggy revenue more than doubles to reach ₹5705 crore in FY22, but loss widens SoftBank-backed Swiggy witnessed its expenses surge during FY22, which in turn widened… Soumyadeep SarkarJanuary 3, 2023 1 share 1 0 0 0 0 0 0 2 minute read
News Startups Zomato confirms new 10 minute food delivery service, debuts in Gurugram soon In what has been in whispers for some time now, Zomato CEO… Staff@The Tech PortalMarch 21, 2022 12 shares 12 0 0 0 0 0 0 2 minute read
Business News Startups Zomato revenues double to $394Mn, losses decline as ‘per order’ profits see uptick in India Zomato on Friday, published its Mid-COVD 19 performance report, and the numbers… Chinni SinghJuly 10, 20202 minute read
Business News Startups Uber acquires Postmates for $2.65B as it strengthens Uber Eats The food delivery business is downright cruel, and punishes those who can’t… Upneet SinghJuly 6, 20203 minute read
Business News Startups Just Eat Takeaway is buying GrubHub for a staggering $7.3Bn The battle to gobble up GrubHub is over, with European food delivery… Global Staff @ The Tech PortalJune 11, 2020 10 shares 10 0 0 0 0 0 0 2 minute read
Apps News Startups Zomato to scale down grocery as food delivery expects to make a comeback Zomato will now return to its homebase, and put its weight behind… Upneet SinghJune 6, 20202 minute read
News Startups Swiggy testing delivery of supplies on credit, to partner restaurants through ‘Swiggy Staples Plus’ Swiggy is offering a chance for its partner restaurants to get supplies… Upneet SinghMay 27, 20202 minute read
Business News Startups Swiggy to lay off 1100 employees as COVID-19 blunts hospitality Covid 19 has crippled the foundation of the economical world as it… Upneet SinghMay 18, 20203 minute read
Culture & Policy News Startups Zomato to lay off 13% staff as hospitality sector bears the brunt of COVID-19’s economic fallout “We need to make sure that we preserve as much cash as… Arshnoor KaurMay 15, 20201 minute read
Culture & Policy News Startups Swiggy to lay off hundreds from its cloud kitchens business The catastrophic economic impact of coronavirus pandemic has led to unprecedented layoffs… Shalabha SarathApril 22, 20202 minute read
Culture & Policy News Startups Deliveroo will let food couriers be left on the doorstep in the UK, in light of coronavirus outbreak Coronavirus is a pandemic now — no running from the demon. As… Upneet SinghMarch 13, 20202 minute read
Business News Startups U.S. food delivery upstart DoorDash, last valued at $13B, confidentially files for its IPO DoorDash, the SoftBank backed U.S. based food delivery upstart, has announced that… Upneet SinghFebruary 28, 2020 1 share 1 0 0 0 0 0 0 2 minute read
News Startups Swiggy gets $113 million to take on the ‘Zomato-Uber Eats India’ combine India’s food delivery sector is back in action. After Zomato’s takeover of… Upneet SinghFebruary 20, 20202 minute read
Acquisitions Startups Zomato acquires UberEats India in an all-stock deal worth $350 million Days after raising $150 million from Ant Financials at a $3 billion… Jeet SutharJanuary 21, 20202 minute read
Business Startups Zomato gets $150M from Ant Financial as possible UberEats India acquisition nears close More financial spice is now being added to the Indian food delivery… Jeet SutharJanuary 10, 2020 10 shares 10 0 0 0 0 0 0 2 minute read
Startups Food delivery startup Swiggy enters online payments space with Swiggy Money India’s digital payments space has been a mixed bag. While the sheer… Jeet SutharDecember 27, 20192 minute read
E-commerce Global News Startups Dutch Food Delivery giant Takeaway.com acquires rival Delivery Hero for €930 million The battle for supremacy in German food delivery space had a clear… Raghuram GaddamDecember 22, 2018No comments2 minute read
News Startups Swiggy plans aggressive expansion, investments in tech with fresh $1Bn in capital India’s food tech space is getting it’s biggest capital infusion till date.… Jeet SutharDecember 21, 2018One comment2 minute read
News Startups Zomato and UberEats are reportedly in talks to acquire Runnr Zomato, leading online food discovery and food delivery portal, is said to… Jeet SutharMay 15, 2017No comments 10 shares 10 0 0 0 0 0 0 2 minute read
Business News UberEATS might make its India debut this summer While Google heated up India’s surging food delivery space with Areo, its… Jeet SutharApril 17, 2017No comments 29 shares 29 0 0 0 0 0 0 2 minute read
News Startups Zomato eyes fresh investments to expand its food delivery business, setup cloud kitchens While the food-tech ecosystem in India might have faltered in the past… November 7, 2016No comments3 minute read
