Eternal spins out Nugget AI, one deal per week
Eternal, the parent company of Zomato and Blinkit, has spun out its enterprise AI platform Nugget into a separate legal entity via a slump sale for Rs 35 crore. Nugget, launched 18…
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Ownly and magicpin push for bigger food delivery market share
Food delivery platforms Ownly and magicpin are expanding in India's food delivery market, citing growing restaurant participation and order volumes. Ownly's co-founder Aravind Sanka told PTI the platform is already generating significant…
Hoteliers put Swiggy boycott on hold till August 31
Hoteliers have deferred their planned boycott of Swiggy until August 31 after constructive talks with CEO Rohit Kapoor, the Deccan Herald reports. Bengaluru Hoteliers Association president P C Rao said the industry…
Bengaluru Hotels To Swiggy: No Promotions, Charge Only On Food
The Bengaluru chapter of the National Restaurant Association has written to Swiggy CEO Rohit Kapoor, demanding that promotions and service charges be applied only on food items, ndtv.com reports. The association also…
Instamart CEO Amitesh Kumar Jha resigns, Nandita Sinha takes over
Amitesh Kumar Jha has resigned as CEO of Swiggy-owned quick commerce platform Instamart, the company said in a regulatory filing on Tuesday (July 28, 2026). Nandita Sinha, who previously served as CEO…
Swiggy, Zomato Get Sept 1 Deadline as Restaurants Extend Boycott Call
Swiggy has agreed to refund promotional charges allegedly levied on restaurant partners without consent, following negotiations with industry bodies including BBHA, NRAI, and FHRAI. The foodtech platform's CEO Rohit Kapoor and other…
Swiggy faces tough path to break even for Instamart
Swiggy needs Instamart's annualised net order value to rise from about Rs 23,400 crore to Rs 60,000 crore before the quick commerce business can break even, the company told shareholders. Instamart must…
Swiggy Targets Rs 10,000 Crore Adjusted EBITDA By FY31
Swiggy has set a target of Rs 10,000 crore in consolidated adjusted EBITDA by FY31, with food delivery, Instamart and Dineout contributing to the plan. At its Capital Markets Day, the company…
Swiggy targets Rs 10,000 crore EBITDA by FY31
Swiggy has set a target of Rs 10,000 crore in annual adjusted EBITDA by FY31, ETtech reports, after posting a Rs 2,483 crore adjusted EBITDA loss in FY26. The plan assigns Rs…
Swiggy targets Rs 2.5 lakh crore gross order value by FY31
Swiggy expects its consolidated Gross Order Value to more than triple to about Rs 2.5 lakh crore by FY31, up from Rs 67,734 crore in FY26, implying yearly growth above 30 percent,…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.