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DELIVERY APPS INCENTIVES
Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Ambani spending warSwiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive...- FirstCry, Slice’s FY26 numbers; Nilekani’s Fundamentum eyes deeptech pushFirstCry parent cut its losses in the March quarter on tightened costs. This and more in today's ETtech Top 5.
- Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
- It’s a summer of discontent for delivery riders as incentives dipCompanies have limited payout increases to select high-demand micro-markets instead of implementing broad-based hikes this year. The pressu...
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- Instant domestic help apps face worker unavailability amid rapid scaling, high competitionInstant domestic help platforms like Urban Company, Snabbit, and Pronto are experiencing worker shortages. This is causing limited availabi...
- UPI underdogs seek fair play; WhatsApp tightens scam defencesSmaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. This and more in today’s ETtech To...
- eCommerce fraud goes 'Jamtara-style', powered by device farming: ReportIndian online shopping faces a new threat. Organised groups are using device farms to commit large-scale eCommerce fraud. These networks ex...
- India seeks Mythos access; Eternal's strong Q4Happy Wednesday! India is in talks with Anthropic and the US government to give homegrown companies access to Mythos. This and more in toda...
- Quick commerce firms face heat as riders stay off peak hoursQuick commerce firms are facing a shortage of delivery partners due to intense heatwaves. Companies are offering extra pay to keep riders w...
- Gig workers' strike: Zomato, Swiggy, Zepto offer incentives to riders working on New Year's EveThe planned strike by about 100,000-150,000 riders could cause operational disruptions and impact business on one of the busiest days for t...
- ETtech Explainer: How gig workers’ strike on New Year's Eve could hit q-comm & food deliveryGig workers for quick commerce and food delivery platforms are set to strike nationwide on December 31, potentially disrupting New Year's E...
- AAP's Raghav Chadha demands ban on 10-minute delivery services, protection for gig workersRaghav Chadha of Aam Aadmi Party raised concerns in Rajya Sabha about 10-minute delivery services. He called the practice cruel to gig work...
- It's raining sops for delivery workers going the extra mile amid surge in online ordersDelhi-based food delivery companies such as Zomato, Swiggy and Zepto are providing additional incentives for their delivery personnel to me...
- ONDC benefits may not be enough to offset Zomato, Swiggy scale: JefferiesIt is unsustainable for ONDC-enabled apps to offer higher discounts or lower delivery charges in the absence of the incentives funded by th...
- Paytm may forego buyer app commission on ONDC: sourcesThis may help to further reduce the price on the open source network that is already challenging the duopoly of Swiggy and Zomato in the fo...
- Ola’s valuation slashed 35% to $4.8 billion; ONDC caps incentives for sellers, discounts may reduceLate-stage startups in India are hit by valuation markdowns, a trend which unfolds during all downcycles in technology. After Byju’s, Swigg...
- ONDC caps incentives for sellers; price difference with Swiggy, Zomato may reduceSo far, ONDC was offering an incentive of up to Rs 75 as discount to be provided for logistics for buyeon every eligible order. But with th...
- Grab shares crash as revenue plunges on promotions, driver incentivesShares of Grab, which was reporting its first quarterly earnings since going public in December, skidded to their lowest ever. They have lo...
- Disregard for rules puts Swiggy and Zomato delivery boys under police lensMumbai and Bengaluru police have fined many food delivery agents who put incentives ahead of rules.
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