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Swiggy to double Q-commerce store count to over 1,045, area to 40 lakh sq. ft. by Mar 2025
The company is rapidly growing its geographical footprint, and is now available in 54 cities as compared to 27 cities in March 2024 New Delhi: On-demand convenience platform Swiggy is betting big on its quick commerce business and plans to double its…
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99 Pancakes raises Rs 200 million for pan-India expansion
With the new capital, the brand is set to add 50 new outlets by the end of the current year and 200 outlets by the end of December 2025 Bengaluru: Indian quick-service restaurant (QSR) chain 99 Pancakes has raised $200 million in a recent series A f…
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DLF appoints Badal Bagri as CFO
Bagri’s appointment as CFO is effective December 6, DLF said in a stock exchange filing. New Delhi: DLF Ltd, India’s largest publicly listed real estate company, announced the appointment of Badal Bagri as the new Chief Financial Officer…
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Over 1.5 lakh startups recognised by government till October
The Government, with an intent to build a strong ecosystem for nurturing innovation, startups and encouraging private investments in the startup New Delhi: Over 1.5 lakh entities have been recognised as startups by the government till October this ye…
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Amazon announces ‘Nova’ family of foundation models amid generative AI wave
The new set of AI foundation models is called `Nova’. Amazon Nova Micro, Amazon Nova Lite, and Amazon Nova Pro are generally available today. By Moumita Bakshi Chatterjee New Delhi: Amazon on Tuesday announced a new generation of foundation mod…
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McDonald’s India launches ‘Collect Quest’ contest
Launched on 1 December and running until 31 December, the contest has been rolled out across various markets in Southeast Asia Bengaluru: McDonald’s India (West & South) has celebrated the first anniversary of its global loyalty programme,…
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Amid growth, rising operational costs in food services is said to be a challenge
India Food Forum highlights increased formalization of food services beyond tier-II cities New Delhi: India’s organized food services are poised to double its revenue in the next six years, but managing input cost is becoming a challenge, said Ravind…
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Swiggy shares climb nearly 7%
The stock surged 6.69 per cent to Rs 534.85 on the BSE and it soared 6.56 per cent to Rs 534.80 on the NSE New Delhi: Shares of food and grocery delivery platform Swiggy on Wednesday jumped nearly 7 per cent after the firm reported narrowing of conso…
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UPI Lite: RBI raises limit of wallet to Rs 5,000, per transaction to Rs 1,000
UPI Lite transactions are offline to the extent that an Additional Factor of Authentication (AFA) is not required, and transaction alerts are not sent in real-time New Delhi: The Reserve Bank on Wednesday increased the UPI Lite wallet limit to Rs 5,0…
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Bombay Brasserie enters Northeast with first outlet in Guwahati
The outlet in Guwahati is the 10th unit of the leading food chain and is the first in a tier-2 city. New Delhi: Leading restaurant chain Bombay Brasserie on Wednesday forayed into the Northeast by opening its first outlet in Assam, officials said. Th…
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FSSAI reclassifies packaged drinking water as high-risk, mandates stricter checks
Central licence holders in this category must now submit to annual inspections to mitigate potential health risks associated with packaged water production. New Delhi: The FSSAI has reclassified packaged drinking and mineral water as a high-risk food…
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Kiko Live crosses half a million orders milestone on ONDC
The platform has empowered over 1,000 neighbourhood stores in Delhi/NCR to provide digital ordering and integrated logistics. New Delhi: Kiko Live, a software as a service (SaaS) platform that provides digital storefronts and enables quick commerce f…
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Food service biz via QSR chains getting organised, but emerging food brands challenge legacy ones
India Food Forum 17th edition deliberated on consumption and delivery trends Mumbai: Emerging brands in India’s food business continue to race ahead of the legacy and established brands but in the food service segment (QSR) there is also a latent or…
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Audio brand Boult partners with Cashify
The partnership aims to strengthen Boult’s retail footprint, ensuring easier access to its range of products New Delhi: Audio brand Boult has announced a partnership with Cashify, a re-commerce platform, to bring its audio products to a broader custo…
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Freshworks appoints Srinivasa Raghavan as chief product officer
Raghavan joins the executive management team and will report to CEO and President Dennis Woodside. New Delhi: Nasdaq-listed Freshworks Inc. has appointed Srinivasa Raghavan as its Chief Product Officer. Responsible for overseeing the company’s produc…
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Flipkart and The Gameium collaborates to enable subscription access through SuperCoins redemption
Through this collaboration, Flipkart users can now redeem their accumulated SuperCoins on The Gameium platform gaining access to games and exclusive content Bengaluru: Walmart-owned e-commerce marketplace Flipkart has partnered online video game plat…
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The Bear House to launch 6 new stores across India by 2025
The new stores will be located in Bengaluru (2), Hyderabad (2), New Delhi (1), and Mumbai (1), each spanning approximately 2,000 sq. ft. New Delhi: Menswear brand The Bear House is set to expand its offline presence with six new stores across major…
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Black Friday weekend saw 24% GMV surge for e-commerce brands
The average order value (AOV) also increased by 8%, largely driven by beauty products, which saw a 26% AOV increase. New Delhi: E-commerce brands in India experienced a 24% surge in sales during the Black Friday weekend compared to the previous weeke…
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Mother Dairy to market co-operative society NCOL’s organic products in Delhi-NCR
Mother Dairy has entered into a memorandum of understanding (MoU) with NCOL to distribute the ‘Bharat Organics brand across multiple channels and geographies. New Delhi: Mother Dairy on Tuesday said it has signed an agreement with the National Cooper…
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Swiggy’s loss narrows marginally to Rs 626 crore in Q2
In a regulatory filing, Swiggy said at the consolidated group level, it expects to achieve “positive adjusted EBITDA by the third quarter of FY26. New Delhi: Food and grocery delivery platform Swiggy on Tuesday reported a narrowing of consolida…
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