Khurma has joined a growing list of founders and venture capitalists to talk about the over-valuation of India's internet market, which seems to be slowing post the pandemic-led boost.
The meeting lasted 15 minutes but as the news spread, Vivek Sunder said he realised that Pepsi basically marketed itself by making its customers work.
Sunder, who joined Swiggy three years ago, is a veteran from the FMCG space and was also the public face of the organisation, as it bet big on its online grocery service Instamart and its on-demand delivery service Genie.
COO Vivek Sunder says IPL 2020 has been good for business, and the pandemic has taught Swiggy a lot about customer behaviour, read on
This integration allows Swiggy to build on Scootsy's premium value proposition, its understanding of the niche consumer segment and existing capabilities in curating and delivering premium service offerings, the statement said.
The move would enable ITC Hotels' customers to enjoy their pre-paid orders with 'no-contact' deliveries and have unique food experiences with local offerings from the regions at their home, said a joint statement.