Sep 17, 2021 07:36 PM IST

Not restaurants but Swiggy, Zomato to pay GST to government

The government has been working on a proposal to ask food delivery delivery apps to collect and deposit GST with the government, instead of what is currently done by the restaurants.

Swiggy, Zomato may take a hit if GST council approves proposal to levy tax on deliveries

The GST Council is meeting on September 17 and is expected to take up a proposal that could make ordering from food delivery platforms expensive for customers.

Zomato needs to come clean on business exits

The listed start-up has an obligation to its investors to communicate transparently on the exit of a senior executive and the shutdown of multiple businesses

GST Council to discuss treating food delivery apps as restaurants, levying 5% tax

Once approved by the GST Council, food delivery apps will have to collect and deposit GST with the government, in place of restaurants, for deliveries made by them.

Moneycontrol Masterclass Ep 15 | Delivery wars: 15-minute groceries, anyone?

From 30 minutes to 15 minutes to even 10 minutes- the likes of Swiggy, Dunzo and Grofers are pushing limits when it comes to delivering groceries at your doorstep. But what toll does hyperlocal delivery take on workers? Do you really need your groceries delivered in 15 minutes? Watch our ace panel of experts comprising Aditi Surie of IIHS; Kabeer Biswas of Dunzo; TN Hari of BigBasket; and Abhishek Bansal of Shadowfax dissect this phenomenon on this edition of Moneycontrol Masterclass

Flipkart expands hyperlocal service Flipkart Quick to 10 cities

The company also plans to introduce the hyperlocal service to other cities in a phased manner this year and aims to be present in over 200 cities by the end of 2022.

Decoding the war for fast grocery deliveries in India

From 30 minutes to 15 minutes to even 10 minutes - the likes of Swiggy, Dunzo and Grofers are pushing limits when it comes to delivering groceries at your doorstep. But what toll does hyperlocal delivery take on its workers? Do you really need your groceries delivered in 15 minutes? Is this a sustainable business model? These are some of the questions we will be discussing with an ace panel comprising Aditi Surie, Sociologist, IIHS Kabeer Biswas, CEO, Dunzo TN Hari, Head- HR, BigBasket Abhishek Bansal, CEO, Shadowfax Don't miss this Moneycontrol Masterclass ​on Delivery Wars: 15-Minute Groceries, Anyone? On September 10th, at 6 pm

We are empathetic towards delivery partners, will only play in 19-20 min timeline even if we seem slower to people: Dunzo’s Kabeer Biswas

Founder Kabeer Biswas says Dunzo prefers to be empathetic towards its delivery partners and will continue with its 19-20 minute timeline

Express grocery delivery: How far will it go this time?

Better supply chains, smarter hubs located closer to customers and the use of deep tech to understand consumer preferences better are helping grocery companies with ultrafast deliveries.

Here's how Zomato & Swiggy pay delivery workers

Swiggy likely to deliver good returns if it goes public: Masayoshi Son

Speaking at a post-earnings presentation for SoftBank, Son said one of Swiggy's rivals has recently gone public and its share price is doing great.

Swiggy launches 15-30 minute grocery deliveries, expands Instamart to 5 more cities in India

This is the first major expansion after Instamart launched in Bengaluru and Gurugram last year. Interestingly, Zomato-backed Grofers recently said it enabled 15-minute express delivery for 7,000 households in Gurugram.

A Swiggy IPO could deliver good returns, SoftBank’s Masayoshi Son says

The SoftBank CEO's presentation also revealed that Swiggy has over 20 million monthly users, and does 1.5 million orders a day as of June this year.

Swiggy partners with Reliance BP Mobility to build EV ecosystem

Swiggy has also partnered with Hero Lectro, an e-cycle manufacturer, and Fast Despatch Logistics, a last-mile delivery player in the UK to enable end-to-end delivery of orders through cargo e-cycles

Zomato CEO Deepinder Goyal unveils 'unlimited free deliveries' for Pro members

"One of the most requested features from our customers has been "Unlimited Free Deliveries." So, in a few hours, we are launching our Limited Edition *Pro Plus* membership for selected customers," Goyal tweeted.

Grofers forays into instant delivery, delivers to 7,000 households within 15 mins

Albinder Dhindsa, co-founder and chief executive of online grocery delivery firm Grofers, said over 7000 households experienced delivery within 15 mins on July 26.

Zomato's Deepinder Goyal: Today is new Day Zero. Don’t know if we'll succeed, but will surely give it our best

Zomato IPO | Founder and CEO Deepinder Goyal broke his silence for the first time on the much-anticipated IPO of the company he founded over a decade ago.

MC Interview: Swiggy co-founder CEO Sriharsha Majety on his ambitions beyond food delivery

In a rare interview after Swiggy closed a $1.25 billion funding round, Majety spoke about the market potential, what the Zomato IPO means for Swiggy, his bets on breakout areas such as grocery and meat delivery, the intense war for talent and why India has huge potential going forward.

Zomato’s IPO: A look at how companies, startups celebrated

BigBasket, among others, congratulated the food aggregator and used the moment for marketing with a pun saying “We're here if you ever want to 'stock' up".

Swiggy goes the Peppo, DotPe way; pilots ‘order direct’ in Mumbai

The crucial difference in the direct ordering channel is that it allows restaurants to directly engage with customers. Restaurants association says Swiggy has been in talks with restaurants for over a month and has been experimenting with sharing customer data and rationalising commissions.

The Big Question: Should executives be elevated to co-founders?

"People do it because the title carries a larger weight and of course there is a larger motivation for roles that are super critical," says Praharsh Chandra, co-founder & COO of Shadowfax.

CCI okays SoftBank investment in Swiggy

The investment from SoftBank will come on top of the $800 million series J round that Swiggy recently closed

NRAI files additional info with CCI, says Zomato, Swiggy force restaurants to offer discounts

Restaurants association claims that the aggregators have shifted the entire cost burden of discounts to the restaurants. There have also been instances of some restaurant partners being de-listed for offering better rates to other channels, it says.

Swiggy elevates top executive Phani Kishan as co-founder

The move to elevate a top executive to a founder's position is part of a growing trend among India's startups, to recognise core members of the team

Zomato IPO | The numbers investors should track in the food delivery business in India

Here’s a close look at the business model of food delivery companies and how they make money