Food Delivery via Aggregators: Hidden Costs and Consumer Impact
The surge in food delivery services in India has transformed dining habits, offering convenience that often comes with a hefty price tag. A recent report by Mavericks India highlights that food delivery via popular aggregators incurs additional costs of Rs…
Swiggy's Planned IPO: A Game Changer for India’s E-Commerce Landscape
Swiggy, one of India’s leading food and grocery delivery companies, is gearing up for a pivotal moment in its corporate journey by planning to raise Rs 5,000 crore through an upcoming Initial Public Offering (IPO). This substantial figure reflects the…
UBS Valuation: Zomato's Blinkit Achieves $15.4 Billion Enterprise Value
UBS has recently valued Zomato’s Blinkit at $15.4 billion, indicating a significant contribution to Zomato’s overall valuation. The recent analyses showcase Blinkit, previously known for its food delivery services, as a rising star in the quick commerce sector, outpacing the…
Antfin Singapore Holding Divests 2.1% Stake in Zomato for ₹4,771 Crore
In a significant move within the digital marketplace, Antfin Singapore Holding, associated with Alibaba’s Ant Financial Group, has divested 2.1% of its stake in the online food delivery service Zomato, garnering a staggering ₹4,771 crore. According to the Bureau of…