India’s renowned food delivery platform, Swiggy, has announced its food delivery segment’s profitability, outshining its publicly-traded competitor, Zomato. This achievement came in March, marking a milestone in less than nine years since Swiggy’s inception. However, Swiggy’s overall profitability remains elusive due to its instant grocery delivery venture, Instamart, which consumes […]
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Swiggy, India’s largest online food delivery platform, is betting on its premium food delivery vertical, Swiggy Xtra, to sustain its growth and profitability in the highly competitive market. Swiggy Xtra is a curated selection of high-end restaurants and cuisines that cater to urban consumers’ discerning tastes and preferences. It offers […]
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Ghost Kitchens, a cloud kitchen incubator in India, has acquired gourmet cloud kitchen startup Speak Burgers for an undisclosed amount. The acquisition will allow Ghost Kitchens to expand into the premium segment with high spending power. The move aligns with its vision to create a basket of premium food delivery […]
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By the end of the year, the group aims to open a second location for all four brands, i.e., Namak, Alas, Il Sale & Yan in Mumbai. It sounds like The Ghost Chef is a delivery-only restaurant brand that offers a variety of international cuisines, including Indian, Lebanese, Asian, and […]
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The global digital food delivery market is expected to reach USD 369.97 Billion in 2030 and register a revenue CAGR of 13.2% during the forecast period, according to the latest report. Increasing preference for on-demand food services and the technological advancements in the hospitality & tourism sector are key factors […]
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Here are some popular online food delivery services that you can use to order food from local restaurants: Grubhub: This service is available in over 2,700 cities in the United States and allows you to order from a wide variety of restaurants. DoorDash: This service is available in over 4,000 […]
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Can cloud kitchens take off in India? Swiggy, one of the country’s largest food delivery startups, is betting on it. The Prosus Ventures-backed startup said on Wednesday it has established 1,000 cloud kitchens for its restaurant partners in the country — more than any of its local rivals. The Bangalore-headquartered firm said […]
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