Swiggy CEO says the new capital will speed up growth in its existing businesses and help seed new ones. The funding will raise the food delivery app's valuation to nearly $5 billion.
A report by FairWork India, released Wednesday, looked at working conditions across 11 platforms and rated them based on parameters such as fair pay and fair representation.
Recent Change.org petitions have drawn attention to the problems visually challenged users face while using popular delivery apps such as Dunzo, JioMart, Grofers and others.
According to a LocalCircles Survey, 28% Indians have consumed restaurant food in the last 2 months but 21% of these got the food home delivered by Swiggy or Zomato.
A report says the West Bengal State Beverages Corp issued a notice Friday stating that Amazon was eligible to register with authorities for liquor delivery.
Users will be required to upload a valid ID proof to be eligible for ordering which would later be verified by the delivery partner at the time of handing over the order.
The firm's lay offs have come just days after its rival and contemporary, Zomato, was forced to take similar steps of dismissing 13 per cent of its workforce.
Layoffs are likely to take place next month from the cloud kitchens across 10 tier 1 and tier 2 cities, which operate Swiggy-owned Homely and The Bowl Company.
A stunted middle class may be a direct result of extreme inequality. Folks at the top don’t see teeming masses as a meaningful market, except for utilities, soap, short videos, and personal loans.
Based on inflation figures for the last three months, RBI is expected to look for confirmatory evidence that can mark the beginning of a sustained decline in core inflation.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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