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Flipkart is evaluating a foray into India’s online food delivery segment, with a pilot likely in Bengaluru around May–June and a broader launch possible by late 2026 or early 2027, said a report
After announcing the move on January 21, Goyal has now submitted his formal resignation, even as he is set to remain on Eternal’s board as vice chairman, subject to shareholder approval.
Even as Instamart scales rapidly and quick commerce emerges as a larger addressable market, Swiggy’s food delivery chief tells Moneycontrol the company is backing multiple growth engines in parallel, with experimentation in food delivery continuing independently of performance in other verticals, while maintaining 18–20% growth guidance for the segment.
With delivery growth increasingly constrained by pricing sensitivity and thin margins, restaurant partners and platforms are pushing for GST clarity, lower compliance costs and policy stability to sustain online demand
Zomato eventually refunded the amount, but not without adding a warning that 'this is the first and last time,' which the student called 'unfair' -- especially since she had no role in the mishap.
CFO Akshant Goyal said the drag on earnings stemmed from investments in building and operating kitchen infrastructure in-house, rather than a marketplace-led approach
Swiggy’s food marketplace chief Rohit Kapoor told Moneycontrol that gig work should not be equated with formal employment and must be regulated as flexible work. He added that future growth in food delivery will come from affordability and first-time users rather than city expansion, amid slowing growth in the sector.
Industry sourced told Moneycontrol that delivery partners earned about Rs 150 crore through tips in 2025 — a figure that has stayed flat year-on-year and remains marginal when set against the scale of incentive-led payouts that drive gig incomes.
Zomato acquired Blinkit, then known as Grofers, in 2022 for Rs 4,447 crore, or about $568 million at the time, in an all-stock deal
While food delivery companies paid out Rs 60-70 crore to gig workers on NYE, quick commerce firms paid a total of Rs 50-60 crore, a jump of at least 30 percent over a regular day, three top executives at different companies told Moneycontrol
The record performance comes as rival Swiggy also reported a record surge in New Year’s Eve sales, despite gig worker unions claiming widespread participation by delivery workers in strike calls on December 31.
Disruptions were limited to specific pockets and peak hours, with food delivery seeing brief delays in parts of Gurugram before services normalised by evening, people familiar with the matter told Moneycontrol.
The coordinated walkout during the year-end peak delivery period may disrupt operations across food delivery, quick commerce and e-commerce platforms including Swiggy, Zomato, Zepto, Blinkit, Amazon and Flipkart, as worker groups escalate pressure over payouts, safety risks and account suspensions.
Mumbai, consistently among the top three cities across categories, played a defining role in India’s culinary behaviour this year, the Swiggy report stated.
Sector’s output touched Rs 1.2 trillion in FY24, with jobs and spillover effects rising sharply, NCAER study shows
Temasek, an early backer of Eternal (formerly Zomato), is now looking to bet on Swiggy, sources told Moneycontrol.
As much as Rs 4,475 crore of the proceeds are earmarked for dark stores and warehouses, with another Rs 3,300 crore-plus locked into cloud infrastructure and brand spends over the next three years, regulatory filings showed.
Over the past two years, Ola has wound down or shrunk several experiments outside its mobility business, including used cars and quick commerce pilots Ola Cars and Ola Dash
Despite the rising losses, Prosus – which owns 25 percent of Swiggy – said Despite the rising losses, Prosus – which owns 25 percent of Swiggy – reported strong demand trends for the January–June 2025 period. Swiggy’s customer base grew 35 percent year-on-year to 21.6 million, and gross order value (GOV) rose 43 percent on the back of food-delivery expansion and formats like Bolt
Analysts said that a slight increase in delivery fees cannot be ruled out for customers as platforms adapt to the additional statutory outgo following the implementation of India’s new labour codes.
Both existing players, Swiggy and Zomato and new competition, like Rapido, are all "striving to create an opening in what is a thin-margin, high-visibility, and operations intensive business,” the company’s management said.
With the heavy infrastructure creation largely complete, Swiggy’s focus has shifted to enhancing store productivity, optimising fleet costs, and executing its profitability roadmap.
Swiggy’s revenue from operations rose 54.4 percent YoY to Rs 5,561 crore in Q2, up from Rs 3,601 crore a year ago. It had reported a revenue of Rs 4,961 crore in the previous quarter.
Festivals in India are transcending regional boundaries as technology enables people nationwide to order traditional foods, celebrate together, and preserve cultural rituals; turning regional traditions into shared, connected national experiences
Eternal expects demand recovery in Blinkit from Q3FY26 after GST rate cuts on essentials, but food delivery growth took a short-term hit as the new levy was passed on to customers.
