Food delivery apps like Zomato, Swiggy often come with a side of controversy - here’s looking at some of the most prominent ones. Amid the coronavirus (COVID-19) pandemic, the intention to purchase from major food delivery apps like Zomato and Swiggy has gradually increased after witnessing a decline till the last week of March, a new report said on Friday. are allowed 24 hours on all days in the week. SoftBank picks Swiggy over Zomato, to infuse $450 million at $5 billion value. (Photos: Getty Images) In a post on Twitter on Wednesday, Zomato CEO Deepinder Goyal took a dig at their competitor Swiggy for delivering orders after 8pm in Mumbai amid the coronavirus pandemic. The funding would also help the company “build a war chest of a little under $1 billion,” a source had previously told ET. This could further exacerbate strained relations between the food delivery platforms and restaurants. Instagram Telegram Google News. Zomato IPO: The fundraise comes at a time when arch rival Zomato is firming up plans for a $750 million-$1 billion IPO sometime later this year. Users in Maharashtra have received in-app notifications from Swiggy and Zomato, asking them to order food before 8 pm. Evoking the force majeure clause that frees both parties from liability when … Myntra’s courting new online brands as it sheds its earlier focus on private labels. Zomato was followed by Swiggy at a distant second position. The notifications were sent out to … Swiggy was valued at $3.7 billion when it last raised funds in February 2020. Zomato CEO Deepinder Goyal on April 14 took a dig at their competitor Swiggy for delivering orders after 8pm in Mumbai amid coronavirus lockdown. | Photo Credit: BCCL New Delhi : SoftBank Vision Fund is poised to infuse $450 million in food ordering and delivery platform Swiggy as online food delivery is one of the few businesses in India that has benefited from the coronavirus-led disruptions. As Zomato heads for its historic IPO, its C-suite executives are up for a huge bounty. Pandemic-hit eateries explore alternatives to Swiggy, Zomato Synopsis Hit hard by the pandemic and with lockdowns and curfews making delivery the mainstay for the second year running, more restaurants are looking to improve margins by trying out alternatives to aggregators Zomato and Swiggy, which dominate the segment. Zomato CEO Deepinder Goyal calls out Swiggy, apologises after Mumbai Police clarifies. 24x7 Food Delivery Allowed, Relaxation For Students & Maids - BMC Issues Fresh Covid Guidelines For Mumbai With regard to online food deliveries, the BMC order said all online home deliveries of food and essential supplies through all online service providers like Zomato, Swiggy etc. s Swiggy and Zomato have announced that they will stop delivering food after 8pm in Maharashtra. In March 2020, a 25-year-old Zomato employee named Jagadish was attacked by the staff of a restaurant in Bengaluru after he arrived twenty minutes late to pick up the order. BENGALURU: Zomato and Swiggy have begun renegotiating exclusivity contracts with a slew of restaurants citing a downward impact on business due to the ongoing pandemic, said multiple people aware of the move. Zomato’s not-for-profit arm Feeding India inked a partnership with Delhivery to source oxygen concentrators to hospitals across the country. Maharashtra Chief Minister Uddhav Thackeray had announced a curfew in the state starting Wednesday, except for essential services in a bid to break the chain of COVID-19 infections. Prior to Swiggy, Zomato also announced its efforts to help the country fight the Covid-19 pandemic.
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