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Swiggy allocates 2.61 crore shares under Esop schemes

Food delivery major Swiggy has alloted 2.61 crore shares under various employee stock ownership plan (Esop) schemes, the company said on Thursday.In a...

Software

Dark store count may touch 5,500 by FY26 as competition heats up in quick commerce: HSBC report

Amid increasing competition in the quick commerce sector, 5,000 to 5,500 stores are expected by the end of FY26 as platforms aggressively expand...

Software

NRAI calls on restaurants to adopt ONDC to counter 10-minute delivery by Zomato, Swiggy

The senior leadership of the National Restaurant Association of India (NRAI) urged member restaurants to get on board Open Network for Digital Commerce...

Software

ETtech Exclusive: Zomato CEO Deepinder Goyal writes to restaurants addressing concerns over 10-minute food delivery

The concerns raised by the restaurant industry grouping, the National Restaurant Association of India (NRAI), over standalone 10-minute apps launched by food and...

Software

Restaurants body eyes legal challenge against 10-minute delivery apps

The National Restaurants Association of India (NRAI), an industry body representing over 500,000 restaurants in the country, is planning to approach the courts...

Software

Zomato’s Q3 net profit plummets as Blinkit piles up losses to take on rivals Zepto, Swiggy

Food and grocery delivery company Zomato reported a steep 57% year-on-year (YoY) fall in net profit for the October-December period at Rs 59...

Software

Reducing delivery time creates incremental demand for restaurant food: Zomato CEO Deepinder Goyal

As 10-minute food delivery takes the segment by storm, Zomato chief executive officer Deepinder Goyal on Monday said bringing down delivery time creates...

Software

Zomato introduces “veg mode” fee; scraps move after social media backlash

Gurgaon-based food delivery platform Zomato has rolled back its decision to levy an additional Rs 2 fee for customers using the “veg mode”...

Software

Entry of startups into IPO market a huge positive: Peak XV’s Mohit Bhatnagar

The single biggest positive thing that has happened in the Indian startup ecosystem is that the initial public offerings (IPO) markets are now...

Software

Branded firms facing rising tide of private labels in crowded market

At a time when customer loyalty has become a moving target for a company, enjoying the loyalty or exclusivity of its new-age channel...

Software

Swiggy Sports: Swiggy receives MCA approval to incorporate sports subsidiary

The Ministry of Corporate Affairs approved on Wednesday the incorporation of Swiggy Sports, a wholly-owned subsidiary of the food delivery company which will...

Software

ETtech Explainer: Behind restaurants body’s big tussle with Zomato, Swiggy

The country’s top restaurants body National Restaurants Association of India’s latest run-in with food delivery aggregators over 10-minute delivery of food via separate...

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