ONDC FOOD DELIVERY
Magicpin reports 100% annual increase in brand onboarding Magicpin, an offline fashion discovery platform, has seen a 100% year-on-year increase in brand on-boarding, adding 1000 brands across fashion, QSR, and fine dine categories. Over 75,000 local merchants have been added in the last 12 months, with 80...
12 Jul, 2024, 02.37 PM ISTTCS Q1 results; Pine Labs, Swiggy valuations slashed Indian IT bellwether TCS kicked off the tech earnings season with a 9% YoY growth in net profit for the June quarter. This and more on today's ETtech Top 5.
11 Jul, 2024, 08.01 PM ISTTech-first brokers hit a snag; Foxconn’s Bharat FIH in trouble Happy Thursday! Online stock brokers, who used low fees to attract customers, now face an uncertain future with Sebi’s new rules. More on this in today’s ETtech Morning Dispatch.
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Koo calls it a day; Paytm Bank, auditor lock horns Once touted as India’s response to Twitter, it’s curtains for homegrown microblogging app Koo. Details on this and more in today’s ETtech Top 5.
03 Jul, 2024, 08.07 PM ISTFood delivery market size to cross Rs 2 lakh crore by 2030: Bain-Swiggy report The online food delivery market in India is on a significant growth trajectory, with Zomato leading in market share. Swiggy's overall gross order value has been increasing, as reported by Prosus. By 2030, the industry is set to witness substantial e...
03 Jul, 2024, 08.07 PM ISTZepto’s mega fundraise; Oyo funding gets shareholder nod Quick commerce company Zepto has raised $665 million from new and existing investors. This and more on today’s ETtech Top 5.
21 Jun, 2024, 09.54 PM ISTZomato-Paytm ticketing deal; Oyo’s Rs 1,000-crore funding Zomato is looking to strengthen its ‘going-out’ business with the acquisition of Paytm’s ticket booking and events business. Details on this, and more in today’s ETtech Morning Dispatch.
17 Jun, 2024, 07.24 AM ISTFrom phones to fries: Flipkart users may soon be able to order food via ONDC Flipkart users may soon be able to order from various fast-food outlets and restaurants, such as Dominos and McDonalds, from Flipkart app. This development is noteworthy because the government started ONDC to counter the dominance of Amazon and Flip...
04 Jun, 2024, 07.55 AM ISTStock brokers push lending; InsuranceDekho’s latest acquisition Happy Tuesday! Tech-first broking companies are looking to diversify into the credit business to build a larger financial services play. This and more in today’s ETtech Morning Dispatch.
04 Jun, 2024, 07.53 AM ISTFood delivery companies lean on existing users for growth In light of a slowdown in new user signups, Zomato and Swiggy are implementing strategies to increase order frequency among their existing customer base. This approach aims to drive growth despite the challenges in user acquisition.
30 May, 2024, 11.22 AM ISTOnline eats into offline; Agnikul defers rocket launch The rapid adoption of quick commerce and food delivery apps is eating into the sales of retail, and quick service restaurants. This and more in today’s ETtech Top 5.
28 May, 2024, 08.01 PM ISTZomato, Swiggy Instamart clock record orders on Mother's Day, beat New Year's Eve numbers On Mother's Day, quick commerce and food delivery platforms saw high demand for gift items like flowers, handbags and chocolates.
12 May, 2024, 06.50 PM ISTPaytm app launches auto-rickshaw booking feature via ONDC Paytm introduces auto-rickshaw booking on its app through ONDC and Namma Yatri for users in NCR, Bengaluru, and Chennai. ONDC tab includes food, groceries, and rides. Pai Platforms facilitates the service with significant mobility transactions.
09 May, 2024, 05.22 PM ISTONDC’s first buyer side logistics app to fix a big gripe MP2 Innovations, led by Mahesh Herle, enhances ONDC by providing a seamless logistics solution for ecommerce players, aiming to address operational challenges and improve delivery experience. Integration with major ecommerce platforms is crucial for...
02 May, 2024, 11.36 AM ISTGovernment push to help ONDC get shopfront on ecommerce sites The Centre has asked Amazon and Flipkart to set up Open Network for Digital Commerce (ONDC) storefronts on their home pages to help the government-backed network scale up operations and assist with deliveries, said executives aware of the developmen...
29 Apr, 2024, 09.17 AM ISTPhonePe’s Pincode exits non-food categories in ecommerce business rejig PhonePe is restructuring its ONDC strategy by exiting several non-food categories. The Walmart-owned company unveiled its ecommerce venture Pincode on ONDC in 2023 offering grocery, food delivery, medicines, fashion and electronics among other categ...
28 Apr, 2024, 05.31 PM ISTFundamental Radar I Long-term growth prospects for Zomato intact despite ONDC entry, says Sneha Poddar Online food delivery aggregator Zomato reported a robust set of numbers for the quarter ended December, which beat analysts’ expectations. The company is set to deliver strong 70% YoY growth in FY24, with Blinkit outpacing the food delivery business...
14 Feb, 2024, 10.00 AM ISTDomino’s Pizza expands reach with ONDC entry Sameer Khetarpal, managing director at JFL said the partnership with the ONDC Network is a “significant milestone and step forward” for Domino’s. T Koshy, managing director at ONDC said Domino’s joining ONDC “is a significant development with the po...
30 Jan, 2024, 08.00 PM ISTMagicpin food delivery order doubles to 10 lakh on ONDC during World Cup Magicpin said that it delivered 35,000 food orders during the India versus Pakistan match on October 14. The orders peaked at 50,000 on a single day during the India versus Australia match.
23 Nov, 2023, 11.52 AM ISTOla joins ONDC with food-delivery plugin The Bengaluru-based startup has begun piloting with ONDC since August with an ‘ONDC Food’ feature newly embedded within the Ola app, multiple sources have told ET. The feature is currently in pilot phase and is open to Ola employees only.
01 Sep, 2023, 07.46 PM IST