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It would be in partnership with local grocery stores and made available via delivery platforms including Zomato, Swiggy and Dunzo in Bengaluru, Mumbai, Delhi-NCR, Ahmedabad, Chennai and Pune.
Named 'Swiggy Hunger Savior Covid Relief Fund', its expected corpus of INR 10 crore will be created with primary contributions from company founders, senior leaders, employees and investors, as well as donations from customers.
The start-up has attempted to replace human interaction with alert calls as the number of positive cases in India continue to rise
[Funding Alert] Foodtech Wars Intensifies As Unicorn Swiggy Raises Funding At About $3.3 Billion Valuation
Swiggy has raised $113 million in a funding round led by its existing investor and South African Internet giant, Naspers
The India Unicorn announced the acquisition of Uber's food delivery business in India in an all-stock transaction
Zomato's top shareholder Info Edge (India) stake will drop to 25.13 per cent from 26.38 per cent after the funding
The online food delivery market in India is expected to grow at over 16 per cent annually to over $17 billion by 2023, and the comments from Uber could mean more cut-throat competition
As the food space continues to get disrupted by the likes of Swiggy and Zomato, brands must look at differentiated offerings and focus on pricing to survive
If approved, start-ups such as Dunzo and Zomato would be able to cut down costs and drive faster deliveries
As India shelves its plan to ban certain kinds of single-use plastic, a look at what corporations have promised to do
Amazon is speculated to foray into cloud kitchen segment and launch private food brands in Bengaluru