🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

New year celebrations, at home & out: Online delivery rides on, mostly untouched by stir - The Economic Times

Economic Times

Economic Times · 24d ago

New year celebrations, at home & out: Online delivery rides on, mostly untouched by stir - The Economic Times

Amid a labor strike by delivery riders on New Year’s Eve, led by the Indian Federation of App-Based Transport Workers and the Telangana Gig and Platform Workers Union, demanding better pay and working conditions, food delivery and quick commerce platforms like Zomato and Swiggy maintained high operations in India. Despite disruptions, companies offered additional incentives to courier partners during peak hours. Strikers also called for the removal of the 10-minute delivery model due to safety concerns.

Related News

Festive binge: Swiggy, Magicpin see spike in food delivery orders - The Economic Times

Economic Times

Economic Times · 3m ago

Festive binge: Swiggy, Magicpin see spike in food delivery orders - The Economic Times

Food delivery platforms Swiggy and Magicpin have reported a significant increase in orders during the festive season in India. Anshoo Sharma, CEO of Magicpin, anticipates further growth as Diwali nears. Swiggy's Sidharth Bhakoo noted popular items like choco lava cakes and biryani. Magicpin observed a 40% rise in vegetarian orders around Navratri and a post-Dussehra rebound in non-vegetarian cuisine demand. Both platforms see food delivery as central to Indian celebrations.

Myntra’s Big Fashion Festival to launch on September 20 - The Economic Times

Economic Times

Economic Times · 4m ago

Myntra’s Big Fashion Festival to launch on September 20 - The Economic Times

Myntra's annual Big Fashion Festival sale kicks off on September 20, ahead of Amazon and Flipkart, which start on September 23. The sale features over four million styles across 15,000 brands, with early access for Myntra Insiders on September 19. Popular categories expected include women's and men's fashion, footwear, and home essentials. Myntra's M-Now service offers 30-minute delivery in select cities, expanding to Hyderabad recently, amidst projected festive online sales growth exceeding 30%.

Amazon takes low-cost ecommerce service global - The Economic Times

Economic Times

Economic Times · 2m ago

Amazon takes low-cost ecommerce service global - The Economic Times

Amazon has expanded its low-cost ecommerce service, renamed Amazon Bazaar, to 14 more markets to compete with Chinese rivals like Shein and Temu. The service offers products mostly under $10, with some as low as $2, covering categories from home goods to fashion. The move comes amidst US import tariffs affecting consumer sentiment, particularly among lower-income groups seeking affordable deals. New markets include Hong Kong, the Philippines, and Taiwan.

Swiggy to shut down B2B offering for small businesses Minis - The Economic Times

Economic Times

Economic Times · 6m ago

Swiggy to shut down B2B offering for small businesses Minis - The Economic Times

Swiggy plans to shut down its Minis platform, a SaaS service launched in 2022 for small businesses to establish an online presence without needing their own websites or apps. This move, effective August 10, comes amid increasing competition in Swiggy's core services of food delivery and quick commerce. Minis operated on a zero-commission model, offering local stores and D2C brands a way to sell products and provide services online, but has been inactive on the app for over a year.

Swiggy hikes platform fee to Rs 15 in third revision in three weeks - The Economic Times

Economic Times

Economic Times · 4m ago

Swiggy hikes platform fee to Rs 15 in third revision in three weeks - The Economic Times

Swiggy has increased its platform fee to Rs 15 per order, marking the third revision in recent weeks amid festive demand and reported losses. This follows a similar move by Zomato and raises concerns about growth in the online food delivery sector. Platform fees, introduced in 2023, vary by city and have steadily increased, impacting consumers. Swiggy’s gross order value grew by 18.8% year-on-year during the April-June period.

How dining and events could be Swiggy’s next growth engine

Livemint

Livemint · 1y ago

How dining and events could be Swiggy’s next growth engine

Indian food delivery company, Swiggy, is focusing on dining out and event experiences to drive growth. Swiggy has integrated its acquisition, Dineout, with its app to attract consumers with discounts for eating out. Despite entering the space later than rival, Zomato, Swiggy's out-of-home consumption business generated over ₹45 crore in Q1 2024-25. The company sees potential in the dining-out sector, as online discovery is increasingly important for consumers. Swiggy's dining out vertical had a gross order value of ₹657 crore in Q2. However, Zomato continues to dominate the dining-out market and has already achieved profitability in this sector.

Uber is rolling out concurrent rides in India to let users book up to 3 trips at once

TechCrunch · 1y ago

Uber is rolling out concurrent rides in India to let users book up to 3 trips at once

Uber has launched a new feature called concurrent rides in India, which allows users to book up to three trips for their contacts. This feature aims to capture more customers, including those without the Uber app or a smartphone. Users can pay for the rides directly with cash or via the app. Concurrent rides were introduced globally last year and are now being rolled out in India. The feature enables users to book and track multiple rides at the same time, eliminating the need for guests to use the Uber app.

Waymo launches corporate robotaxi accounts to court business travel - The Economic Times

Economic Times

Economic Times · 4m ago

Waymo launches corporate robotaxi accounts to court business travel - The Economic Times

The move targets recurring corporate travel, giving employers controls over where, when and how staff use autonomous rides, as Waymo broadens commercial uses for its driverless fleet. Waymo said it completes more than 1 million rides a month and that nearly one in six local riders in San Francisco, Los Angeles and Phoenix uses the service to commute.

Zetwerk plans $750 million IPO, hires six banks - The Economic Times

Economic Times

Economic Times · 2m ago

Zetwerk plans $750 million IPO, hires six banks - The Economic Times

Zetwerk, an Indian contract manufacturer, plans to raise up to $750 million through an IPO, potentially filing a draft prospectus early next year. The share sale is expected to include mostly new stock, managed by banks like Kotak Mahindra Capital, JM Financial Services, and others. As part of India's active IPO market, Zetwerk, which serves diverse sectors including aerospace and consumer electronics, aims to capitalize on this opportunity for expansion.

Swiggy incorporates step-down subsidiary to house its Instamart business - The Economic Times

Economic Times

Economic Times · 4m ago

Swiggy incorporates step-down subsidiary to house its Instamart business - The Economic Times

The board of directors of the food and grocery delivery company Swiggy, in a meeting held on Tuesday, approved the sale and transfer of its quick commerce business, along with all assets, liabilities, permits, IP, employees, contracts, and other relevant materials to the newly formed subsidiary. This comes after Instamart dropped parent Swiggy from its name in May this year, in a strategic move aimed at carving out a standalone brand identity.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

Sept 2025

Your Health, Simplified with Smart Care

An ecosystem for curated creative partnerships

Your Health our Priority.

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Urban Company posts Rs 383 Cr rev ...

Cubby Raises $63 Million in Serie ...

Star AI researcher’s new lab in t ...

Download the medial app to read full posts, comements and news.