Zomato, an India-headquartered food delivery startup, is cutting 13% of its workforce as it looks to reduce cost and tide the coronavirus crises that has made many cautious about ordering food online
Uber Eats is pulling out of a clutch of markets — shuttering its on-demand food offering in the Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Uruguay and Ukr
Swiggy is cutting about 1,000 jobs, most from its cloud kitchen division, as India’s top food delivery startup scales back some of its businesses in response to the coronavirus pandemic that has dras
Chinese investors, who have poured about $6 billion into Indian startups in the last two years, will be subjected to strict regulation for their future investments in the world’s second largest intern
Uber is walking back its guidance for what was supposed to be a milestone year for the ride-hailing company that included reaching an operating profit by the last quar
More than six dozen startup founders, venture capitalists, and lobby groups in India have requested the government to grant them a “robust relief package” to help combat severe disruptions their busin
Indian grocery startup BigBasket has raised $60 million as it scales its business in the country to meet growing demand from customers stuck at home.Alibaba and other existing investors including Mir
DeHaat, an online platform that offers full-stack agricultural services to farmers, has raised $12 million as it looks to scale its network across India.The Series A financial round for the eight-year
Uber is resuming some services in India as it looks to help other firms deliver grocery and other essential items in select parts of the country, nearly two weeks after New Delhi ordered a three-week
Indian food delivery startup Swiggy said on Monday it had secured an additional $43 million as it looks to expand to new businesses.Ark Impact, Korea Investment Partners, Samsung Ventures and Mirae
Google cancels its big developer conference, Justin Kan’s legal startup shuts down and Robinhood offers more details about a recent outage. Here’s your Daily Crunch for March 4, 2020.1. G
Uber sold its food delivery business in India to the local rival Zomato for $206 million, the American ride-hailing company disclosed in a regulatory filing in one of its key overseas markets.In Janu
Weeks after Uber exited India’s food delivery market, conceding defeat to local giants Swiggy and Zomato, a new player is gearing up to challenge the heavily-backed duopoly: Amazon.The e-commerc
Weeks after Zomato acquired Uber’s food delivery business in India, its chief local rival is bulking up some ammunition of its own.Swiggy, India’s largest food delivery startup, announced on Wednesda
Uber facilitated 14 million rides a week in India last year, the American ride-hailing firm said as it claimed the tentpole position in the key overseas market.In a report (PDF) published on the side
Limited mobile data services and internet will be temporarily restored in Jammu and Kashmir from Saturday, ending nearly a six month communications lockdown after Prime
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