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FOOD DELIVERY PLATFORMS
Ownly, magicpin eye bigger slice of India’s food delivery marketFood delivery platforms Ownly and magicpin are seeking greater market share in India. Both platforms report increased restaurant participat...- Ola Electric Q1 loss narrows; Swiggy makes amendsOla Electric posted an improved June-quarter performance as deliveries picked up. This and more in today's ETtech Top 5.
- Swiggy agrees to refund unauthorised campaign fees; Bengaluru hotels to wait till September 1The discussions, led by Swiggy CEO (food marketplace, dineout & crew) Rohit Kapoor, chief business officer (food marketplace) Sidharth Bhak...
- Nazara’s new raise; PEs gravitate to startupsHappy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in today’s ETtech Morning Dispatch.
- Zomato assures Bengaluru restaurateurs of action on grievances; Swiggy talks due FridayAmong the key assurances, Zomato agreed that restaurants and darshinis would have the choice to opt into promotional and discount campaigns...
- Swiggy shares jump nearly 3% as company targets Rs 10,000 crore adjusted EBITDA by FY31Swiggy shares rose after the company unveiled an ambitious FY31 roadmap targeting Rs 10,000 crore in Adjusted EBITDA. It aims to more than ...
- Swiggy targets Rs 10,000 crore in annual adjusted Ebitda in five yearsSwiggy aims for ten thousand crore rupees adjusted Ebitda by fiscal year thirty-one. Its food delivery business will contribute five thousa...
- NITI Aayog calls for national caregiving framework, social security for caregiversNITI Aayog suggests a dedicated policy framework for India's growing ageing population. It calls for regulating the caregiving ecosystem an...
- ETtech Explainer: The food delivery duopoly vs disruptorsNew players like Rapido's Ownly and Flipkart are entering the food delivery market. They challenge Zomato and Swiggy by offering lower rest...
- Bengaluru hoteliers seek meeting with Swiggy CEO, repeat Aug 15 boycott threatThe latest move comes amid growing friction between restaurant associations and food delivery platforms over commissions, discounting polic...
- Flipkart may launch food delivery mid-August, mulls commissions of up to 11%: SourcesFlipkart plans to launch its food delivery service in Bengaluru mid-August. The company is considering restaurant commissions of up to elev...
- Quick commerce race cuts product launch cycles to weeksCompanies are shrinking product innovation cycles to three months or less. Quick commerce platforms now drive seventy-five percent of total...
- Swiggy’s Q1 loss narrows as Instamart's profitability push slows growthThe Bengaluru-based food and grocery delivery company said that its quick commerce unit Instamart, which became contribution level neutral ...
- Competition poses no risk to food delivery, company in a strong position: Swiggy“We believe our competitive position in food delivery is durable with no near-term risks to the underlying growth trajectory. We have been ...
- Swiggy Q1 Results: Net loss narrows to Rs 791 crore; revenue jumps 37% YoYSwiggy Q1 Results: Swiggy narrowed its Q1FY27 consolidated net loss by 34% year-on-year to Rs 791 crore, while revenue from operations rose...
- Ownly eyes multi-city expansion as Swiggy, Zomato backlash growsOwnly has onboarded around 25,000 restaurants so far and is seeing an average order value (AOV) of Rs 200-220, roughly half that of incumbe...
- Bengaluru restaurant bodies warn of Swiggy, Zomato boycott in 15 days over commissionsBengaluru restaurant owners are threatening a boycott of Swiggy and Zomato. They demand lower commissions and customer data sharing from th...
- Bengaluru restaurant owners turn heat on Swiggy, Zomato over fee burdenMore than 250 restaurateurs attended a meeting convened by the Bangalore Hotels Association on Tuesday, where members flagged concerns over...
- Rapido integrates Ownly into main app as food delivery contest widensRapido has integrated its food delivery service Ownly into its main app in Bengaluru, expanding restaurant reach while using its rider netw...
- Bengaluru restaurants to meet on July 28 to push back against Swiggy feesThe Bangalore Hotels Association expects around 250 restaurateurs to attend the meeting to examine what they say are multiple fees that hav...
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