Food ordering app Swiggy has raised an additional amount of $7 million from its existing investors Norwest Venture Partners, DST Global and Accel Partners.
In January this year the Bangalore-based startup raised $35 million in Series C from New York-based...
HSBC's brokerage arm - HSBC Securities and Capital Markets (India) - has cut the valuation of Zomato. The restaurant search service's valuation was slashed from $1 billion to $500 million.
The move comes close on the heels of a valuation downgrade in e-commerce player Flipkart...
The F&B service industry is one of India’s most vibrant industries with over 25 per cent yearly growth. The Indian food and beverage market, estimated to be over Rs 2 lakh crore in size, may nearly double to touch...