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ETtech Explainer: Why Zomato and Swiggy want the NRAI out of the confidentiality ring
Economic Times
·
3m ago
Medial
The Delhi High Court has issued a notice to Zomato and the Competition Commission of India (CCI) regarding the exclusion of the National Restaurant Association of India (NRAI) from a confidentiality ring in an antitrust probe against Zomato and Swiggy. The NRAI had initially complained about Zomato and Swiggy's alleged market dominance abuse. Although part of the confidentiality ring initially, NRAI was excluded following objections due to concerns about sharing sensitive information with competing entities.
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NRAI and food delivery platforms clash over private labels
YourStory
·
6m ago
Medial
The National Restaurant Association of India (NRAI) has expressed concerns over food delivery platforms like Swiggy and Zomato introducing private labels, potentially affecting restaurant partners. NRAI President Sagar Daryani highlighted the competitive pressure adding to restaurants' challenges. Zomato CEO Deepinder Goyal reassured that they wouldn't compete with partners through private labels. Discussions are ongoing, and NRAI plans to seek legal intervention and approach the Competition Commission of India for resolution.
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NRAI to approach CCI over "private labelling" by Zomato, Swiggy
Economic Times
·
6m ago
Medial
The National Restaurant Association of India (NRAI) plans to approach the Competition Commission of India (CCI) regarding concerns over private labeling by Zomato and Swiggy. NRAI President Sagar Daryani criticized their quick commerce ventures, citing anti-competitive practices, data masking, and deep discounting. The NRAI is also worried about Zomato and Swiggy's procurement of food from third-party kitchens. Daryani suggests considering alternatives like ONDC to ensure fair competition in the food delivery market.
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NRAI to approach CCI against Zomato, Swiggy over 10-minute food delivery apps
Economic Times
·
7m ago
Medial
The National Restaurant Association of India (NRAI) plans to approach the Competition Commission of India over Zomato and Swiggy's launch of standalone apps for 10-minute food delivery, citing anti-competitive practices. NRAI alleges these apps operate like private labels, potentially shifting customers from partner restaurants to products sold directly by Zomato and Swiggy. NRAI opposes this model, fearing it undermines competition and customer transparency, and considers legal action against these practices.
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Restaurants body eyes legal challenge against 10-minute delivery apps
Economic Times
·
6m ago
Medial
The National Restaurants Association of India (NRAI) is planning legal action against 10-minute delivery apps by Zomato-owned Blinkit and Swiggy due to concerns over private labeling and data sharing. Despite discussions, no consensus was reached. The NRAI may also approach the Competition Commission of India and is exploring partnerships with ONDC for alternatives. Zomato CEO Deepinder Goyal emphasized that its Bistro service is not a private label and doesn’t threaten the restaurant industry.
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Karnataka HC Orders CCI To ‘Expeditiously’ Decide On Swiggy’s Confidential Data Sharing
Inc42
·
1y ago
Medial
The CCI is investigating alleged anti-competitive practices by Swiggy and Zomato in 2022. In April, the watchdog shared confidential findings with the National Restaurant Association of India. Swiggy has filed a petition against the CCI's order, claiming that it could harm its business by allowing the NRAI access to sensitive information.
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Zomato Under Fire Again: NRAI Seeks Answers on Long-Distance Fee
StartupTalky
·
1m ago
Medial
Zomato faces criticism from the National Restaurant Association of India (NRAI) over a new long-distance service fee, which charges restaurants INR 15 for deliveries between 4 to 6 km and INR 25 to INR 35 for longer distances. Restaurants argue this fee contradicts Zomato's claim of a 30% commission cap, alleging increased costs. Additionally, many are resisting a new contract from Zomato's parent company, Eternal, which includes controversial clauses. The NRAI has been in legal disputes with Zomato and Swiggy since 2021 over perceived anti-competitive practices.
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Food Industry is the Second Largest Job Creator in India, Employing Over 85 lakh People, Says NRAI President Sagar Daryan
OutlookIndia
·
3m ago
Medial
The food industry is the second-largest job creator in India, employing over 85 lakh people, as stated by NRAI President Sagar Daryan. This sector is projected to employ more than 1 crore people soon and is the third-largest industry in India, significantly larger than Bollywood. During the NRAI Food Delivery Summit 2025, industry voices emphasized the importance of making food delivery profitable and sustainable, advocating for a role in policy-making and addressing challenges with food aggregators like Zomato and Swiggy.
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ETtech Explainer: What is confidential IPO filing, and why do startups choose it?
Economic Times
·
2m ago
Medial
Confidential IPO filing allows companies to submit IPO registration documents to SEBI without immediate public disclosure, introduced in India in November 2022. This route maintains privacy of sensitive information, preventing competitors from accessing strategic details. It offers flexibility to assess market conditions and adjust IPO timing without public pressure. Companies receive regulatory feedback for improved compliance before public disclosures. Notable Indian firms like Groww, Swiggy, and Tata Play have opted for this method since its introduction.
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Zomato ropes in former executive Shalin Bhatt to head dining out vertical
Economic Times
·
6m ago
Medial
Zomato has appointed Shalin Bhatt to lead its dining out vertical. Bhatt rejoined Zomato in 2022, replacing previous head Sankalp Kathuria. This comes as Zomato transitions users to its new District app, enhancing its dining-out, events, and ticketing offerings. The company reported significant revenue growth in this segment and aims to strengthen its market position. The dining-out vertical changes coincide with industry challenges from the National Restaurant Association of India (NRAI) regarding payment services bundling.
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ETtech Explainer: Oura vs Ultrahuman—what’s at stake in the smart ring patent battle
Economic Times
·
3m ago
Medial
Oura, a Finnish healthtech firm, scored an early legal victory against Indian startup Ultrahuman and Chinese brand RingConn in a patent case over smart ring technology. An initial ruling found the rival products infringed on Oura's patents. The decision could lead to a US import ban on Ultrahuman and RingConn rings, hindering their market expansion. Oura claims its patented sleep and health tracking technology was copied, with a final decision expected by September 2024.
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