Owners say the cost of deep discounting by Zomato, Swiggy falls on them
Food aggregators have agreed to redesign their schemes to rein in deep discounts and asserted that discount is a privilege not a right
Food aggregators, partners must work out an equitable solution
Another hotel and restaurant body plans protests against Zomato
Subrata Chattopadhyay, the dean of alumni affairs, said, IIT-KGP graduates are leaving their indelible imprints on diverse sectors across the country and beyond
Despite a high base of 24-26 per cent in the June 2018 quarter (Q1FY19), analysts expect Jubilant and Westlife to report 6-8 per cent same-store sales growth (SSG) in Q1FY20
If sources are to be believed, Swiggy may soon close another large funding round of around $500-700 million led by SoftBank, with participation from existing investor Naspers
To make the service a hassle-free everyday option, Daily will allow users to schedule their meals in advance or opt for a daily, weekly or monthly subscription
The service that has been launched in Gurugram will be expanded to Bengaluru and Mumbai in the coming months
Hotstar expects to reach over 300 million viewers this year, about 50 per cent more than the previous season
Last month, Swiggy's rival Zomato also unveiled its first experience centre in Bengaluru for providing a differentiated experience to its delivery partners
In order to have tighter control and better management of deliveries, Swiggy is building "operations hub" for hyper-local activities such as management of restaurants and delivery executives
For Swiggy, which closed a mammoth $1 billion round only a couple of month back, the investment is a strategic one. It gives Swiggy a new range of food items to sell on its platform
Swiggy is currently leading discussions but rival Zomato is still in the race for a share-swap deal
Valued currently at $3.3 billion, the company plans to launch the service across all major cities in the country
With the launch of Stores, Swiggy wants to become the one-stop delivery app that enables access to every store in Delhi
As part of this acqui-hire, the founding members of Kint.io will join the Swiggy team
To understand what Swiggy is trying to do, it is important to take cues from one of its investors from China, Meituan Dianping
Swiggy plans to use the capital to grow its supply chain, apart from investing in new initiatives
Swiggy said the latest fund-raising round is the "single largest in India's food technology sector to date" and takes the total funding raised by the Bengaluru-based company to $1.26 billion