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The antitrust investigation against Swiggy and its top rival Zomato began in 2022 after a complaint by National Restaurant Association of India about the impact on food outlets of alleged anti ...
Open Network for Digital Commerce (ONDC) is a public technology initiative launched by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India to foster decentralized open e-commerce model and is led by a private non-profit Section 8 company.
Zomato was founded as FoodieBay in 2008 by Deepinder Goyal and Pankaj Chaddah who worked for Bain & Company. The website started as a restaurant-listing-and-recommendation portal. They renamed the company Zomato in 2010 as they were unsure if they would "just stick to food" and also to avoid a potential naming conflict with eBay. [8] [9] [10]
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.
Goyal is credited with building Zomato into India's biggest food delivery company which is fast expanding into quick commerce, a shopping rage where groceries are being delivered in 10 minutes.
India's Zomato is shutting down its inter-city food-delivery service, CEO Deepinder Goyal said in a social media post on Thursday. The service, launched in 2022 and named Intercity Legends ...
By November 2021, the company was delivering 125,000 orders every day. [11] Blinkit currently operates in more than 30 cities in India. By the end of 2021, the company had raised about US$630 million from investors including SoftBank, Tiger Global and Sequoia Capital. [12] [13] [14] In 2022, Zomato acquired Blinkit for US$568 million in an all ...
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