Zepto, a 10-minute delivery app, raises $665M at $3.6B valuation
Zepto has raised a massive $665 million in a new round of funding, more than doubling its valuation to $3.6 billion from $1.4 billion in less than a year, as …
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Delivered in an instant: India’s quick commerce apps shake up online shopping
Instant delivery apps, which make use of artificial intelligence and advanced analytics, have revolutionised online shopping in India – offering an alternative to e-commerce giants such as Amazon and Walmart’s …
Zomato’s quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs
Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per …
Renewing Ola vs. Uber: How Dara Khosrowshahi reignited Bhavish Aggarwal’s OG cab-hailing duel
From left, Dara Khosrowshahi, CEO, Uber and Bhavish Aggarwal, co-founder and CEO, Ola Synopsis After a long interval, the Ola versus Uber verbal sparring resurfaced following Uber CEO Dara Khosrowshahi’s …
This lesser-known INR2,200 crore Zomato biz is making Swiggy rethink its strategy
From left, Sriharsha Majety, co-founder and CEO, Swiggy; Deepinder Goyal, co-founder and CEO, Zomato Synopsis Hyperpure, a vertical supplying grocery to restaurants, is the third largest revenue stream for Zomato. …
Layoffs in 2024: Google, Microsoft, UPS, More Fire Over 30K Employees in January; Coming Months Can Be Worse
Layoffs plagued the global tech industry last year, and 2024 has not seen an improvement so far. As per reports, more than 2,40,000 jobs were lost in tech firms in …
ONDC shops for more funds even as incentives, discounts continue.
Synopsis Two years since its launch, ONDC is struggling to achieve scale. At a time when its venture capital-backed e-commerce rivals are reducing cash burn, the platform’s strategy is raising …
Vi Bundles Swiggy One Membership With Its Vi Max Postpaid Plans
Vi (Vodafone Idea) has updated its Vi Max Postpaid plans with new benefits in India. The telecom major has added the Swiggy One membership at no extra cost for Vi …
India’s Swiggy to cut another 400 jobs ahead of IPO later this year
Indian food delivery startup Swiggy is cutting about 400 jobs, or nearly 7% of its workforce, as the startup seeks to bring further improvements to its finances ahead of a …
Apple, Google, Amazon to Meet Parliamentary Panel Today Regarding Anti-Competitive Practices
Apple, Google, Netflix, Microsoft and Amazon India’s top executives will meet the government’s parliamentary panel today at 2.30pm IST to discuss the anti-competitive practices in the digital space in the …