Sep 17, 2021 07:36 PM IST
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.
- Sep 17, 2021 10:50 AM IST
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.
- Sep 17, 2021 10:32 AM IST
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
- Sep 15, 2021 08:46 PM IST
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.
- Sep 10, 2021 07:17 PM IST
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
- Sep 09, 2021 03:53 PM IST
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.
- Sep 08, 2021 06:43 PM IST
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
- Aug 26, 2021 05:48 PM IST
Founder Kabeer Biswas says Dunzo prefers to be empathetic towards its delivery partners and will continue with its 19-20 minute timeline
- Aug 16, 2021 11:52 AM IST
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.
- Aug 11, 2021 03:13 PM IST
- Aug 11, 2021 08:32 AM IST
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.
- Aug 10, 2021 09:34 PM IST
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.
- Aug 10, 2021 05:09 PM IST
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.
- Aug 05, 2021 01:18 PM IST
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
- Aug 02, 2021 03:37 PM IST
"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.
- Jul 27, 2021 12:26 PM IST
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.
- Jul 23, 2021 09:16 AM IST
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.
- Jul 20, 2021 10:09 PM IST
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.
- Jul 15, 2021 02:09 PM IST
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".
- Jul 15, 2021 10:44 AM IST
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.
- Jul 13, 2021 05:46 PM IST
"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.
- Jul 12, 2021 06:23 PM IST
The investment from SoftBank will come on top of the $800 million series J round that Swiggy recently closed
- Jul 12, 2021 05:57 PM IST
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.
- Jul 12, 2021 11:27 AM IST
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
- Jul 09, 2021 01:23 PM IST
Here’s a close look at the business model of food delivery companies and how they make money