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With 630,000 orders in the home and kitchen category, 330,000 orders in fashion, and 2 million orders in other retail subcategories, the grocery and food delivery categories each surpassed the one million order threshold for the first time. The food category made up only 20% of all retail orders, down from 76% in the previous year.
Online food ordering is the process of ordering food, for delivery or pickup, from a website or other application. The product can be either ready-to-eat food (e.g., direct from a home-kitchen, restaurant, or a virtual restaurant) or food that has not been specially prepared for direct consumption (e.g., vegetables direct from a farm/garden, fruits, frozen meats. etc).
Faasos raised its first round of funding of US$5 million (Rs. 30 crore) from Sequoia capital in November 2011, [9] a second round of funding of US$20 million in February 2015 from Lightbox Ventures and Sequoia Capital, [10] and a third round of funding of US$30 million in December 2015 from Russian Internet-focused Investment firm ru-Net, Sequoia Capital and Lightbox Ventures. [11]
China's food delivery market is expected to cross $21 billion in 2021. [33] Some Japanese deliveries require recycling of food containers. In India, the food delivery services include Zomato and Swiggy. Indian online food delivery is expected to become an $8 billion industry by 2020. [34]
Swiggy is an Indian online food ordering and delivery company. Founded in 2014, Swiggy is headquartered in Bangalore and operates in more than 580 Indian cities, as of July 2023. [4] Besides food delivery, the platform also provides quick commerce services under the name Swiggy Instamart, and same-day package deliveries with Swiggy Genie.
Rebel Foods is an Indian online restaurant company which operates 11 cloud kitchen brands including Faasos, Behrouz Biryani and Oven Story. [10] It is the largest cloud kitchen restaurant chain in the world, [11] operating more than 450 cloud kitchens in 10 countries, as of April 2022.
Zomato (/ z oʊ ˈ m æ ˈ t oʊ / or / z oʊ ˈ m ɑː ˈ t oʊ /)(stylized as zomato) [1] is an Indian restaurant aggregator and online food ordering platform owned by Eternal Limited.It was founded by Deepinder Goyal and Pankaj Chaddah in 2008. [2]
From 2023, Q-commerce orders in India increased, and they made up about 40% to 50% of the country's e-grocery expenditures in 2024. [13] With delivery times of less than ten minutes, Q-commerce purchases in India now include the selling of high-end goods like the most recent iPhone 16 and iPhone 16 Plus. Approximately 55% of festive orders ...