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The food delivery giant has earmarked $1 billion for investments, a sizeable chunk of which is reserved for quick commerce.
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The food delivery giant has earmarked $1 billion for investments, a sizeable chunk of which is reserved for quick commerce.
Zomato SA's contribution was reportedly nil and its closure leaves just one international unit still standing.
While the funding will be used by Dunzo to branch out into other cities, what will Reliance get out of it?
Urging investors to sign up, Zomato said it will refrain from making any deals of its own in a bid to avoid regulator scrutiny.
With Swiggy One, the company may be toe-to-toe with rival Zomato but the impact on delivery workers is a question mark.
Zomato has been on a clean-up drive over the past few months to focus on its core food-related businesses.
Zomato has embarked on a cleanup drive as it looks to plug the losses dragging down its balance sheet.
Swiggy's announcement comes at a time when the debate around categorising gig workers as employees is taking off in India.
The two anonymous Twitter users highlight the plight of delivery workers by alleging low wages, unreasonable penalties, lack of safety, and ill-treatment by customers. ...
Apart from deliberating on ways to address the plight of delivery workers, the meeting also touched on the effects of climate change and poor...