Business not as usual for e-commerce firms
While the government says e-commerce firms can resume delivery of non-essential items from April 20, a surge in the number of Covid-19 cases in the past week could stop consumers from shopping online.
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New investors join food delivery bandwagon
Swiggy and Zomato have raised small tranches from new investors amid a slowdown in business.
Why less is more for Wow! Momo
For the rapidly growing Kolkata-based QSR chain, the small kiosk embedded in a mall has proven to be a profitable idea. Especially when it serves one of India’s favourite fast foods.
Zomato acquires Uber Eats in all-stock deal
The latest event of consolidation in the food tech space will further expand Zomato’s reach and give Uber a stake in a fast-growing restaurant aggregator.
Accel announces sixth fund of $550 million
The capital will be invested in seed and early-stage technology startups in India.
Swiggy, Dunzo spice up hyperlocal space
After seeing several shutdowns a few years ago, the hyperlocal space is abuzz with activity once again with players such as Swiggy and Dunzo expanding their roster of services as funding pours in.
Swiggy Go launched in Bengaluru
Swiggy Go will deliver all sundry items including laundry products, lunch boxes, documents, and parcels to the customer’s doorstep.
Fintech: Fast and furious
Fintech companies in India are not just competing with banks and e-commerce players but also collaborating with them to fulfil each other’s needs, keeping the sector abuzz with investment.
‘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.
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.
