Swiggy, Zomato Increase Platform Fee to Rs 6 per Order for Revenue Boost
Food delivery giants Swiggy and Zomato have raised their platform fees from Rs 5 to Rs 6 per order. This…
Tag: Foodtech
Zomato Grants 40M ESOPs, Valued at Nearly Rs 890 Cr
Foodtech giant Zomato has approved Employee Stock Options (ESOPs) grants of 40 million stocks under its 2014 and 2021 plans,…
Swiggy Unveils ‘Eatlists’ Feature to Enhance Food Sharing Experience
Swiggy, India’s leading food delivery platform, has introduced a novel feature called ‘Eatlists,’ designed to allow users to create and…
Zomato Abandons NBFC Ambitions, Focuses on ESOP Expansion
Food delivery giant Zomato has decided to withdraw its plans to venture into the lending and credit sector, as disclosed…
Zomato Rehires Former Executives Rahul Ganjoo and Pradyot Ghate to Enhance Going-Out Business
Zomato has reinstated two former senior executives, Rahul Ganjoo and Pradyot Ghate, who left the company last year. The pair…
Zomato Launches Restaurant Services Hub as One-Stop Shop for QSRs
Deepinder Goyal-led Zomato on Thursday introduced a new restaurant services hub designed to help quick service restaurants (QSRs) scale up…
Swiggy’s Revenue Jumps 24% in 2023; Quick Commerce Economics Improve, Reports Prosus
Swiggy, the Indian food and grocery delivery giant, saw a 24% increase in revenue for the calendar year 2023, according…
Zomato to Infuse Rs 300 Crore into Blinkit Amid Intensifying Competition with Swiggy and Zepto
Gurgaon-based Zomato has announced plans to invest Rs 300 crore in its quick commerce unit, Blinkit, according to a filing…