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The Food & Beverage Landscape in India: Dawn of Organized Players and The New Consumer
Think of any restaurant that just opened a few months ago in a fancy shopping complex. Imagine a scenario in which you walked inside...
Zomato halts Blinkit integration, prioritizes development of super brands
Zomato, a foodtech major, has reportedly decided to put a halt to the integration of its quick commerce arm Blinkit. The company aims to...
Zomato announces liquidation of Vietnamese and Polish subsidiaries as global restructuring continues
Following the dissolution of its various global subsidiaries in 2023, the restructuring effort continues for the food tech giant Zomato, even as we enter...
Invesco raises Swiggy’s valuation by 9% to $8.5 Billion, marks second consecutive increase
Invesco has increased the valuation of the food and grocery delivery platform Swiggy by approximately 9% to $8.5 billion in its records as of...
New Year festivities propel Zomato, Swiggy, and Blinkit to record-breaking delivery figures in India
Zomato, Swiggy, and Blinkit experienced a substantial surge in orders throughout the New Year festivities. Deepinder Goyal, the CEO of Zomato, announced on his...
ITC ramps up cloud kitchen operations, targets major Indian cities
ITC plans to scale up the cloud kitchen business it has been piloting in Bengaluru. The conglomerate, renowned for offering North Indian lunch and...
Zomato raises platform fee to INR 4 per order in major cities
Listed food delivery platform Zomato has raised the platform fee to INR 4 per order in key markets, as indicated on its app.The revised...
From smart kiosks to AI-powered chefs: How artificial intelligence stirred up the food business and restaurants in 2023
The year 2023 marked a significant turning point for Artificial Intelligence. Experiencing a global market surge of 37 per cent, AI underwent explosive and...
Zomato may face a minimum of 3 years of litigation over INR 400 Crore GST notice, say experts
Taxation experts suggest that Zomato, a food delivery service based in Gurugram, could face legal battles lasting three to five years. The company asserts...
Zomato shares drop 1.69% on BSE, 1.77% on NSE after INR 401.7 Crore GST notice
Zomato, the online food delivery platform, has been issued a show cause notice by the Goods and Services Tax (GST) office, totaling INR 401.7...
Zomato Live sets sights on new cities and intellectual properties for growth
Zomato Live Entertainment, the events division of the food delivery platform Zomato, is gearing up to expand its reach by venturing into new cities...
Zomato unveils PicNic AI, redefining the art of food presentation
Zomato has recently rolled out PicNic AI, an innovative tool set to revolutionize the visual presentation of food images shared by its partnering restaurants....