Zomato IPO: Hype or just right?
For a loss-making company, the startup’s valuation may seem high, but analysts see value for investors in the long term.
online food delivery
August 2021
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April 2019
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October 2018
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February 2018
40 Under 40: The emergence of Dunzo
With Covid-19 second wave leading to lockdowns across several Indian states, the delivery of essential goods was the need of the hour. And Dunzo emerged as one of the pre-eminent options.
Food delivery apps rise to the occasion
With the pandemic raging and restaurants struggling with footfalls given social distancing fears, deep-pocketed Zomato and Swiggy have figured out ways to thrive in a pandemic.
‘There won’t be many, but handful of super apps in each region’
GGV Capital’s Hans Tung says super apps will help take a bigger share of the consumers’ wallet, and sees Swiggy becoming a super app in India.
Zomato revenue triples to $206 mln in FY19
The company said its costs during the year rose more than six-fold to $500 million, compared with $80 million a year ago.
Can Swiggy take more orders?
Swiggy, which started doorstep delivery of home essentials recently, has the advantage of an existing network. But it will take more for it to find its niche in a space led by Big Basket and Grofers.
We invest in making our core stronger: Swiggy
For an industry on the brink of constant disruption, there is one thing that drives Swiggy—innovation.
Swiggy raises $210 million in latest funding
With this latest round of funding, the Bengaluru-based food tech startup will ramp up its supply chain network and expand to new markets.
Food-delivery war intensifies
Online food-delivery service provider Foodpanda plans to invest Rs 400 crore in the business to strengthen delivery networks across the country.
Swiggy raises $100 million in Series F funding
Meituan-Dianping, China’s largest service e-commerce platform joins the Bengaluru-based online food delivery company as a new investor. Existing investor Naspers leads the funding round.
