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Cloud Kitchens: F&B sector cooks up a new recipe to beat high rental costs

High real estate costs have already kick-started concepts like co-working and co-living in the office and residential spaces. It was just a matter of time before the F&B sector came up with its own real estate cost-saving recipe. Real estate...

Zomato drone tests food packet delivery at 80kmph

Online ordering and food delivery platform Zomato on Wednesday said it has successfully tested its maiden drone delivery technology using a hybrid drone that covered a distance of five km in about 10 minutes with a peak speed of...

Ola restructures foodpanda biz; to focus on expanding kitchens

Ola is restructuring its food delivery platform foodpanda to focus on building a portfolio of its own as well as curated food brands through a network of kitchens and offline stores. According to sources, foodpanda has already established over 50...

Zomato to set up 20 more warehouses by 2020

Online restaurant guide and food ordering firm Zomato Monday said it will invest around Rs 56 crore to set up 20 more warehouses across the country by the end of 2020 under its B2B platform, Hyperpure. According to a PTI...

Small towns emerge big on Zomato food platform

People at times queue up at their favourite eateries, but what about an unending queue of food delivery boys? At the Bawarchi restaurant in Hyderabad, which receives nearly 2,000 orders a day, Zomato food delivery personnel can be seen forming...

Flipkart most sought-after employer in India: Report

Online marketplace Flipkart beat Amazon to emerge as the most sought after employer where Indian professionals want to work and stay, according to a new LinkedIn report on Wednesday. Internet companies dominate the top 10 spots in the list as...

Zomato to sell UAE food delivery biz for US$ 172 mn

Online restaurant guide and food ordering firm Zomato will sell its UAE food delivery business to Germany-headquartered Delivery Hero Group for about US$ 172 million (nearly Rs 1,220 crore), one of the company's largest shareholders Info Edge said Monday. According...

Zomato to open warehouses in 9 more cities this year

Online restaurant guide and food ordering firm Zomato Friday said it will open warehouses in nine more cities across India by the end of this year. Hyperpure warehouses by Zomato supplies restaurants fresh and clean ingredients at competitive prices,...

Restaurant aggregators may be summoned over new FDI norms for e-commerce

The government is likely to summon online restaurant aggregators like Zomato, Swiggy and foodpanda soon to discuss provisions relating to the revised FDI guidelines on e-commerce segment, said informed sources on Friday. According to sources and industry insiders, the meet...

Zomato to convert 40 pc of delivery fleet into power-assisted bikes in 2 years

Online restaurant guide and food ordering firm Zomato Monday said it is planning to convert 40 percent of its delivery fleet into power-assisted bikes in two years. Currently, the company has over 5,000 cyclists operating across 12 cities in India,...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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