Swiggy And Zomato Back Restaurant Tech Firm UrbanPiper
UrbanPiper, a one-stop restaurant management platform, had raised $24 million in Series B funding led by existing investors Sequoia Capital India and Tiger Global and...
Tag : Swiggy
Rapido Raises $177.5 Million From Foodtech Giant Swiggy, TVS Motor
Rapido has raised $177.5 million in a fundraising round headed by Swiggy. The round also saw participation from another new investor TVS Motors. Apart from...
Zomato Launches Customer Policy to Address ‘Serious Food Quality Complaints’
As part of Zomato’s April 18 policy to address “serious food quality complaints”, the Gurugram-based food aggregator will take up complaints after determining their veracity....
Zvolv Raises $1.5 Million From JSW Ventures
Zvolv has raised $1.5 million in a funding round led by JSW Ventures. The round also saw participation from Riso Capital. The startup is planning...
Swiggy Launches ESOP Program of $35-40 Million
Swiggy said its employees could offer shares they hold twice in the next two years to create transparency around employee stock option plans (ESOPs). Swiggy...
InnoVen Capital Declares Close of New Fund of 740 Crore
InnoVen Capital raised Rs 740 crore in the first close of its new fund. The purpose corpus of the fund is Rs 1K crore, with...
GST Council Decides to Set Up Two GoMs
Union Finance Minister Nirmala Sitharaman announced the two GoMs after the GST Council’s 45th meeting in Lucknow. She said there were apparent anomalies in the...
Zomato Backsteps on Grocery Delivery for Second Time
Zomato has cancelled its grocery delivery plans for the second time in two years, the company declared in an email. Zomato had begun its 45-minute...
Swiggy to Cover 8 Lakh Km Per Day Using EVs by 2025
Swiggy has committed to increase the use of electric vehicles in its fleet and cover at least eight lakh kilometers per day through EVs by...
Swiggy Raises $1.25 Billion in Funding Led by SoftBank
Swiggy has raised $1.25 billion in a funding round led by investor SoftBank Vision Fund 2 and Prosus. “The scope of food delivery in India...