Tag: Swiggy
Indian food delivery startup Zomato cuts 13% of workforce
Zomato, an India-headquartered food delivery startup, is cutting 13% of its workforce as it looks to reduce cost and tide the coronavirus crises that has made many cautious about ordering food online. The 11-year-old firm did not disclose the exact number of people it was letting go, but the number is…
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Indian food delivery startup Swiggy is cutting about 1,000 jobs
Swiggy is cutting about 1,000 jobs, most from its cloud kitchen division, as India’s top food delivery startup scales back some of its businesses in response to the coronavirus pandemic that has drastically affected millions of firms. In a statement, the Bangalore-based startup said it was “evaluating various means to…
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Covidmaps lets you find grocery stores and pharmacies in India
More than half a dozen volunteers have banded together in India to launch a crowdsourced tool to help people in the nation identify and locate nearby grocery stores, pharmacies, and cash machines as New Delhi extends the nationwide lockdown to May 3. The service, called Covidmaps, allows people to locate…
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India’s Swiggy raises $43M to expand to new businesses
Indian food delivery startup Swiggy has bagged an additional $43 million as it looks to expand to new businesses. Ark Impact, Korea Investment Partners, Samsung Ventures and Mirae Asset Capital Markets provided the capital to finance Swiggy’s ongoing Series I round. In February, the Bangalore-based startup had raised $113 million…
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India’s Swiggy raises $113M led by Prosus
Weeks after Zomato acquired Uber’s food delivery business in India, its chief local rival is bulking up some ammunition of its own. Swiggy, India’s largest food delivery startup, announced on Wednesday it has raised $113 million as part of its Series I financing round. Prosus Ventures, the biggest venture capital…
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How Bykea is winning Pakistan’s ride-hailing and delivery market
With less than $7M in VC funding, the startup is beating Uber Manish Singh 9 hours Increasingly, the streets of Karachi and Lahore are being flooded with men riding bikes and wearing green T-shirts, a writer friend recently told me. In a sense, these men represent the emergence of Pakistan’s…
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