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Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
- ONDC mulls subsidy comeback amid slowdown in food deliveryThe move, if implemented, will allow firms such as Magicpin, Paytm, Ola Consumer and Waayu to use the ONDC incentives to offer discounts to...
- NRAI to approach CCI over "private labelling" by Zomato, SwiggyThe National Restaurant Association of India (NRAI) plans to approach the Competition Commission of India regarding Zomato and Swiggy's all...
- NRAI pushes ONDC as alternative to food delivery majors Zomato, SwiggyIn a townhall meeting on Wednesday, the industry body said it is approaching the courts, the competition watchdog and the government to pre...
- ONDC corners 3% order volumes of Swiggy, Zomato: sourcesAs per sources, ONDC facilitates 60,000 orders per day in the food domain, capturing 3% of the total order volumes managed by Swiggy and Zo...
- 6 reasons why ONDC changed its incentive structure from June 1ONDC will bring in a new incentive structure from June 1, effectively changing how discounts are offered to customers ordering on the netwo...
- Explained: ONDC vs Zomato-Swiggy and what it means for the food-delivery spaceMenu items from major food chains, including McDonald’s, Taco Bell, Behrouz Biryani, Wow Momo, Pizza Hut and Cafe Coffee Day, are available...
- Control is back in your hands: NRAI advises restaurants on ONDCThe ONDC platform has started by offering prices 30-80% lower to consumers and charging significantly lower commissions from restaurants, c...
- In March, Swiggy’s food-delivery biz turned profitable, excluding Esop costs: CEO Sriharsha MajetyFood delivery platform Swiggy on Thursday announced that it has turned profitable as of March 2023.
- ONDC not close to shaking up online food-delivery industry: ReportInvestment banking firm JM Financial in a report said the current commissions charged by network participants are not sustainable.
- ETtech’s top stories this week: Razorpay, Byju’s, ONDC vs Zomato and SwiggyFrom exclusives and scoops to in-depth analysis, read ETtech’s most important stories from the week gone by.
- 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...
- 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...
- ONDC a threat to Zomato only if it scales up meaningfully, says Motilal OswalMotilal Oswal has reiterated a "Buy" rating on Zomato stock, claiming it has found "no evidence" of an adverse impact from the Open Network...
- Zomato slides 7% on fears ONDC may hit profitabilityAnalysts said the disruption by ONDC, where consumers are buying food and grocery at cheaper prices, has hurt investor sentiment in loss-ma...
- How will ONDC shake up Zomato and Swiggy? ICICI Sec’s Abhisek Banerjee analysesAbhisek Banerjee of ICICI Securities, believes that ONDC is initially stealing business from aggregators, but it will limit the potential c...
- Government’s ONDC arrives with a price war taking on food-delivery majors Zomato, SwiggyPrices on brands such as McDonald’s, Taco Bell, Behrouz Biryani, Wow Momo, Pizza Hut and Cafe Coffee Day are at 30-80% discounts on ONDC or...
- Onboarding Flipkart, Amazon may provide ONDC scale and credibility: reportOnboarding some of the larger incumbents early might actually provide ONDC the much-needed scale as well as credibility with buyers and sel...
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