David Zakkam Joins as Head of Analytics & Data Strategy
In a major move signaling JioHotstar’s ambitions to dominate the digital streaming space, David Zakkam, a seasoned data and analytics expert, has been appointed as Senior Vice President and Head of Analytics & Data Strategy. Zakkam brings over 20 years of experience with global technology giants, including Uber, Meta, Swiggy, and Mu…
In a rollercoaster financial reveal, Bengaluru-based food delivery giant Swiggy, one of Zomato’s fiercest rivals, stunned investors and analysts alike by reporting a staggering Rs 1,092 crore loss in Q2 FY26. The numbers, released on Monday, show that while Swiggy’s top line is soaring, the bottom line is bleeding, highlighting the high-stakes battle in India’s hyper-competitive foodtech and…
A Surprising Move in the Startup World
In a recent regulatory filing, Sahil Barua, the CEO of logistics company Delhivery, announced that he has stepped down from his position as an Independent Director on the board of Swiggy, one of India’s leading food delivery platforms.
While the news came as a surprise to many in the startup ecosystem, Swiggy confirmed that Barua’s resignation was without…
Stance Health, a startup aiming to transform the way musculoskeletal (MSK) care is delivered in India, has successfully raised $1 million in a pre-seed funding round. Led by General Catalyst, the funding also saw participation from Antler, DEVC, and EX Capital, who are the founders of the health-tech company Sword Health. Additionally, the round attracted a handful of prominent angel investors…
Bessemer Venture Partners’ $350 Million India Fund: What It Means for Entrepreneurs
In exciting news for India’s startup ecosystem, Bessemer Venture Partners, a top US-based venture capital and private equity firm, has announced the closing of its second dedicated India fund, raising a massive $350 million. This new fund aims to support early-stage startups across a broad spectrum of…
Veeba Foods’ Viraj Bahl Joins Shark Tank India as New Shark
In exciting news for startup enthusiasts and fans of Shark Tank India, Viraj Bahl, the founder and managing director of Veeba Foods, will be joining the panel of sharks for the upcoming season. Known for his success in the food industry, Bahl’s addition to the show is set to bring fresh perspectives and valuable insights to the table…
Blinkit Launches 10-Minute Delivery Service for Large Orders
Zomato’s quick commerce platform, Blinkit, has just launched a new pilot program aimed at delivering larger consumer items within an impressive 10-minute window in the Delhi NCR region. The new initiative, known as Blinkit’s large-order fleet, is designed to cater to bulkier items such as PlayStation 5 consoles, luggage bags, air…
In a surprising twist of camaraderie amidst competition, food delivery giants Zomato and Swiggy shared a light-hearted exchange on social media as Swiggy made its debut on the stock market. This unique moment between two fierce rivals has caught the attention of netizens and sparked an interesting conversation about the future of the Indian food delivery industry.
Zomato’s Tweet Welcomes Swiggy…
Swiggy, the popular food delivery service, has just introduced an exciting new feature called ‘International Login.’ This allows Non-Resident Indians (NRIs) from around the globe to order food, groceries, and even make restaurant reservations for their loved ones back in India. This move is all about strengthening connections across borders and catering to the Indian diaspora.
A Convenient…
Zomato is making headlines once again! The Indian food delivery giant announced plans to raise $1 billion through a qualified institutions placement, marking its first major fundraising effort since its IPO in 2021. This move comes at a crucial time, just weeks ahead of rival Swiggy’s highly anticipated IPO, where it aims to raise $1.4 billion.
Market analysts were surprised by Zomato’s…
