#Foodtech
Zomato to invest Rs 400 Cr in Blinkit and Zomato Entertainment
Zomato is investing Rs 300 crore ($36 million) in its quick commerce arm Blinkit to compete with Swiggy Instamart and Zepto. Additionall... View More
Zomato to invest Rs 400 Cr in Blinkit and Zomato Entertainment
Gurugram-based foodtech major Zomato will pump in Rs 300 crore ($36 million) in its quick commerce arm Blinkit.
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Swiggy’s scale drops 27% to Rs 2,547 Cr in FY21, controls losses by 59%
Bengaluru-based recently-turned decacorn, online grocery delivery startup Swiggy had its overall income decline by more than 25... View More
Swiggy’s scale drops 27% to Rs 2,547 Cr in FY21, controls losses by 59%
The decline in scale of Swiggy is in line with the overall industry as its competitor Zomato’s scale went down by 24% during the period.
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