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Zomato and Swiggy deny alleged competition law violations by CCI
Food tech majors Zomato and Swiggy have denied recent claims that they violated competition laws, following an investigation by the Competition Commission of India...
Delhivery grants above 11 lakh equity shares under ESOPs plans
Delhivery has awarded 11.21 lakh stock options to employees under three ESOP plans. The company's board approved the grant, allowing employees to convert options...
Zomato CEO Deepinder Goyal addresses flirty notifications on The Kapil Sharma Show
The Great Indian Kapil Show will soon welcome two surprising guests—Zomato CEO Deepinder Goyal and his wife Grecia Munoz, along with Infosys founder Narayana...
Bengaluru court halts Swiggy from claiming former executive’s ESOPs
A Bengaluru civil court has temporarily stopped Swiggy from selling or placing any claims on over 200 stock options held by a former executive...
Day 3: Swiggy’s IPO oversubscribed by 3.59 times, led by QIBs
Swiggy, the food delivery giant, had its initial public offering (IPO) oversubscribed by 3.59 times, despite a slow start in the first two days. Swiggy...
CCI finds Swiggy, Zomato guilty of breaching competition laws
The Competition Commission of India (CCI) has reportedly found food delivery majors Swiggy and Zomato guilty of violating competition laws through their partnerships with...
Flipkart’s Ekart Logistic registers INR 1,718.4 Cr net loss, 5X surge from FY24
Flipkart's logistics arm, Ekart Logistics, has reported a significant increase in net losses to INR 1,718.4 crore in the financial year 2023-24, a five-fold...
ED raids sellers linked to e-commerce giants Amazon and Flipkart
India's Enforcement Directorate (ED) conducted surprise raids on Thursday, November 7 at offices of sellers linked to Amazon and Flipkart, amid growing scrutiny of...
Zero-commission app WAAYU expands food delivery to Hyderabad
Zero-commission food delivery platform, WAAYU, has started its services in Hyderabad and Secunderabad. Currently serving 500 restaurants, the startup plans to expand to over...
FSSAI plans discussions with quick commerce firms on sale of near-expiry food items
Due to the current controversy about food safety at a Zomato warehouse, the Food Safety and Standards Authority of India (FSSAI) plans to meet...
Ninjacart’s revenue soars by 74%, hits INR 2000 Cr
Ninjacart, a B2B agritech startup, saw its operating revenue rise by 74% in FY24, reaching INR 2,002.7 Cr, up from INR 1,153.4 Cr the...
Meesho slashes losses by 96.6% in FY24, orders surge by 36% YoY
Meesho's operating revenues surged by 32.7%, reaching INR 7,615 Cr in FY24, up from INR 5,735 Cr the previous year.Meesho adjusted losses to INR...