While the core idea is to standardize food across its properties, Oyo may list its cloud kitchen brands on Swiggy and ZomatoOyo was in advanced talks to buy a stake in cloud-kitchen startup Freshmenu, but there is now some uncertainty over the deal
2 min read5 Apr 2019The learnings from the Swiggy missed opportunity is to give every pitch a patient hearing, do a deep dive analysis and evaluate, says angel investor Chaitanya Cotha
1 min read12 Mar 2019A RedSeer Consulting survey for the October-December period has ranked Swiggy No.1 with a total score of 96, followed by Zomato with 82 points, Uber Eats 73 and Ola's Foodpanda 70.
2 min read18 Jan 2019In what is a distress sale, Foodpanda will acquire food-tech startup Holachef's staff, brand name and kitchen equipment
2 min read2 Aug 2018The development comes as Zomato's arch-rival Swiggy just a day ago announced a fresh funding of $210 million, the largest by an online food ordering startup
2 min read22 Jun 2018The $210 million funding that Swiggy received today from a clutch of investors, including Naspers and DST Global, values the online food ordering startup at well over $1 billion
1 min read21 Jun 2018The latest funding, led by Naspers and Yuri Milner's DST Global, values Swiggy at roughly $1.3 billion, surpassing rival Zomato's $1.1 billion valuation
2 min read21 Jun 2018Ola is also exploring possibility of setting up an independent food-tech startup as part of a plan to have a group company-like structure similar to that of Flipkart
2 min read10 Apr 2018By some estimates, there are 250-300 food technology start-ups in the country at present. To say that the sector is overcrowded is putting things mildly
3 min read6 Nov 2015Sanjay Coutinho of Baskin Robbins is investing along with GK Sinha, a former PepsiCo India Holdings Pvt. Ltd executive
1 min read30 Jul 2015The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared