foodtech
TMT
Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn
US-based Invesco has knocked down the value of its stake in foodtech unicorn Swiggy held through one of its investment ......
TMT
VC-backed Kitchens@ buys Swiggy's cloud kitchens after snapping Zomato's ZIS
Food delivery aggregator Swiggy has sold its cloud kitchen business to Beenext-backed Loyal Hospitality Pvt. Ltd, which operates cloud kitchen ......
TMT
Zomato presses for home-style meals in a revival push
Zomato on Wednesday rolled out a new offering under which the food aggregator will deliver its users affordable and home-cooked ......
People
Zomato's dining head steps down to join Kenko Health
Zomato’s global dining business head Aman Priyadarshi, who quit the online food delivery firm last month, has joined Kenko Health ......
TMT
Swiggy lays off 380 employees
Food and grocery delivery aggregator Swiggy has laid off 380 employees or nearly 6% of its 6,000-strong staff, becoming the ......
Consumer
Zomato sees fourth high profile exit in two months
Food delivery aggregator Zomato co-founder and chief technology officer Gunjan Patidar resigned from his position on Monday, in the fourth ......
Finance
SoftBank-backed Swiggy's FY22 loss doubles
Bundl Technologies Pvt. Ltd, which runs food delivery platform Swiggy, widened its loss on the back of rising expenses. The ......
Consumer
Biryani By Kilo looking at 2 acquisitions, fresh funding
Quick service chain Biryani By Kilo is set to make two acquisitions in a bid to expand product offering and raise a ......
People
Zomato co-founder Gaurav Gupta quits six weeks after food delivery app's market debut
Gaurav Gupta, co-founder and top executive of Ant Group-backed Zomato Ltd, has resigned from the food delivery company about one ......
TMT
Key takeaways from the upcoming $1.25 bn Zomato IPO prospectus
In a step closer to India’s first unicorn public listing, food delivery firm Zomato on Tuesday filed its SEBI approved ......
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