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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.
Zepto and other major delivery platforms including Zomato, Blinkit, and Swiggy employ over 3 million gig workers. The company began a paid membership program in February 2024, [ 13 ] which has over 4 million subscribers as of April 2024.
Blinkit was founded in December 2013 by Albinder Dhindsa and Saurabh Kumar as Grofers. [17] Having met each other while working for Cambridge Systematics during the late 2000s, they teamed up to enter the grocery delivery space.
Though many grocery staples are down from their peak prices in 2022 and 2023, we’re still contending with food costs that have remained higher than our wages, and there’s a certain fatigue ...
Retail sales increased in November amid a strong start to the holiday shopping season.
The costs of food eaten at home were 1.6% higher last month than they were the same time last year — a smaller uptick than the 2.7% annual inflation rate overall but accelerating 0.5% from the ...
A franchise is merely a temporary business investment involving renting or leasing an opportunity, not the purchase of a business for the purpose of ownership. It is classified as a wasting asset due to the finite term of the license. Franchise fees are on average 6.7% with an additional average marketing fee of 2%. [10]
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