Page 4 - Online Food Delivery

Swiggy's new membership programme offers unlimited free deliveries

Food delivery platform Swiggy on Monday launched an upgraded membership programme 'Swiggy One' -- a comprehensive plan that offers its members unlimited free deliveries, discounts

Cloud kitchen and its recipe for success in India

Sure you have checked out multiple cloud kitchens that have carved a niche in app-based food delivery platforms. Let's decode the cloud kitchen trend and find out why it is gaining momentum in India

Amid widening losses, strong user addition drives growth for Zomato in Q2

Despite widening losses, stock gains on top-line showing, acquisition plans

Zomato Q2 net loss widens to Rs 434.9 cr; announces 3 key investments

Online food delivery platform Zomato on Wednesday reported widening of its consolidated net loss to Rs 434.9 crore for the quarter ended September 30, 2021, mainly on account of investments in the growth of its food delivery business. The company had posted a net loss of Rs 229.8 crore for the corresponding period of the previous fiscal, Zomato Ltd said in a regulatory filing. Consolidated revenue from operations of the company stood at Rs 1,024.2 crore for the quarter under consideration. It was Rs 426 crore for the same period a year ago, it added. "Why did our losses go up? This was due to investments in the growth of our food delivery business," Zomato Founder & CEO Deepinder Goyal and CFO Akshant Goyal said in a letter. The losses went up specifically due to three reasons -- increased spending on branding and marketing for customer acquisition, increased investments and growing share of smaller/emerging geographies in the company's business and increased delivery costs due to

From high-street QSR to cloud kitchen unicorn: The Rebel Foods story

Inside Faasos' parent Rebel Foods' kitchens we see chefs understand automation, machines remember recipes

Zomato customer care agent schools customer on Hindi; Company fires staff

The restaurant aggregator and food delivery company on Tuesday apologised to a person, who alleged that he was denied refund by its customer care agent for not knowing Hindi

Gupta's exit doesn't warrant disclosure under listing regulations: Zomato

Online food delivery platform Zomato on Saturday said it did not disclose the exit of its co-founder Gaurav Gupta to the bourses

Grofers taking multiple steps towards building more inclusive org: CEO

Online grocery ordering platform Grofers said it is taking multiple steps towards building a more "inclusive and diverse" organisation

Zomato co-founder and head of supply Gaurav Gupta quits

Gupta was the chief operating officer in 2019 when Zomato named his as a co-founder

Zomato to shut down pilot grocery delivery service on Sept 17

Cites gaps in order fulfilment and the traction 15-minute grocery delivery has been getting in the recent past

Zomato Q1 net loss widens to Rs 356 crore; revenue rises to Rs 844 crore

Revenue from operations in Q1 rose to Rs 844.40 crore from Rs 266 crore a year ago

'Not plug and play': Amazon, Flipkart struggle to meet EV goal in India

Delivery giants find there aren't many models available that can be deployed at scale, and what supply there is can't keep up with demand.

Zomato ends 66% higher against issue price; m-cap crosses Rs 1-trn mark

The market capitalisation of the company touched Rs 1.08 trillion in intra-day trade today

Zomato raises $1.26 bn in IPO, valuation to reach $8 bn: Report

The company, which is backed by Ant Group, will be valued at up to $8 billion following the IPO which is the first for a food delivery group in India.

MIMI Fish to launch sales outlets, online delivery of fish in Kerala

MIMI Fish, a retail venture of Kerala Fisheries Department, is all set to launch its sales outlets across the state and online home delivery service for supply of fresh fish, value-added products.

Zomato's Rs 9,375-crore IPO to bring bonanza for Info Edge, Sequoia, Goyal

The existing shareholders of the company are set to make gains in the range of 50 per cent to 6,450 per cent on their investments

High valuation of $8 billion makes Zomato's offer less appetising

Competitive intensity, customer acquisition costs likely to delay profitability

Food delivery giant Swiggy's COO Vivek Sunder decides to move on

Sunder played a pivotal role in expanding the geographical footprint of the marketplace business taking Swiggy beyond more than 500 cities.

Will increase women delivery staff by 10% by year-end, says Zomato

Online food ordering platform Zomato on Friday said it will increase the number of women in its delivery service to 10 per cent by the end of the year as part of its workplace inclusivity initiatives. In a blog on its website, Zomato founder Deepinder Goyal said at present only about 0.5 per cent of its delivery partners are women. "Today, we are taking our first step towards increasing the participation of women delivery partners in our fleet. To begin with, we have set ourselves a goal of reaching 10 per cent participation by the end of 2021 starting with Bengaluru, Hyderabad, and Pune," he wrote. Stating that Zomato has always been "about being a more inclusive workplace", he said, "So far, our inclusive workplace initiatives haven't taken into consideration the fact that only about 0.5 per cent of our delivery partners are women." Goyal, however, said adding more women to the delivery fleet "is not as simple as just targeting more women for this job. That's because our policies

How hyperlocal delivery firms are helping a new breed of home chefs thrive

Well networked, they deliver packaged food swiftly, at the right temperature and under stringent hygiene and safety protocols; they also reach medicines, clothes and documents to the customer