Nilekani added that for startups, depending on external capital exposes them to the vagaries of the market. Swiggy co-founder too believes they would like to trace the path to be more profitable.
The man took up a delivery job after being fired from a cafe amid the coronavirus pandemic.
Swiggy has taken to reimagining popular movie posters to entertain customers and entice them to order a plate of "Chicken Raees" or some "Taazi" vegetables.
Convincing customers to place an order via Swiggy one witty line a time, isn't the only trick up the food delivery company's sleeve. Here's how it reimagined popular movie posters to entertain customers and entice them to order a plate of "Chicken Raees" or some "Taazi" vegetables.
Anurag Bhargava, who is enrolled at the Delhi University's Faculty of Law, wants people to not pity him. "This job can transform your personality for the good," he said in a LinkedIn post.
The meeting comes at a time when many unicorns, over the last two years, had openly talked about getting publicly listed in the medium term
The company has said employees can take up external projects for free or for economic consideration. In case of a conflict of interest or the project interferring with their Swiggy duties, it will have to go through an approval process
Zomato's food-delivery business hitting adjusted EBITDA breakeven came as a surprise and was well received by the market
Going forward, corporate, central business functions and technology teams will continue to work remotely, the company said in a statement.
Ashneer Grover, had earlier urged investors to buy Zomato's free-falling shares. "It’s all about perspective," Ashneer Grover had said. "At Rs 56 per share price, markets are giving everyone ESOPs (employee stock ownership)."
Delivery executives logged off in various Bengaluru localities between July 21 and July 25.
Called Zomato Pay and Swiggy Diners, respectively, the new dine-in programmes are offering flat discounts of as much as 25 percent in a bid to lure consumers
Agnishwar Jayaprakash, CEO of Garuda Aerospace, one of the companies engaged in the drone trials, said that the government has asked for some clarifications and these are being provided
A video going viral online shows how the Swiggy rider lent a helping hand to the Zomato delivery man who was riding a bicycle in Delhi’s unforgivable heat.
Some entities in the food and beverage industry are finding that the commissions charged by food delivery platforms like Swiggy and Zomato and discounts on orders are adding to their expenses on a monthly basis, forcing them to save on costs.
Swiggy had on July 6 announced a bounty hunt after a video of one of their apparent executives riding a horse to deliver orders on a rainy day in Mumbai went viral on social media.
Unacademy's move to increase its ESOP pool comes at a time when the company laid off over 750 employees including educators, in a bid to cut costs amid a potential funding winter for India's startups.
In 2020 after the pandemic struck, Swiggy downsized its cloud kitchens and even laid off employees citing focused on growth and profitability across our kitchens. Around 800-900 employees were then laid off and cloud kitchens were also shut.
"Because the nation wants to know more about the Swiggyman on the horse. And so do we!" Swiggy tweeted on Tuesday.
After watching the video, one Twitter user suggested that Swiggy get into the horse betting game.
Aman Khandelwal pretending to be a Zomato delivery executive and the subsequent access to startups has raised a few eyebrows regarding security concerns.
Swiggy, which had raised $700 million in January this year, at a valuation of over $10 billion, had rolled out a two-year ESOP liquidity program worth $35-40 million in October last year.
The two questions that need clear answers are: whether quick commerce is a structural change or passing fad, and where Blinkit fits in Zomato’s business plan
Post the Blinkit acquisition, Zomato's losses will increase, delaying the visibility of profits. Therefore, conservative investors should exercise caution.
The move would help curb the menace of fake billing, whereby sellers would show higher sales in GSTR-1 to enable purchasers to claim input tax credit (ITC), but report suppressed sales in GSTR-3B to lower GST liability.