The Directorate General of GST Intelligence has sent Goods and Services Tax (GST) demand notices to the food aggregators Zomato and Swiggy, media reports said on Wednesday.
Mumbai: Food delivery platform Swiggy announced on Thursday that it has completed a share-swap agreement with Kitchens@ to sell its cloud kitchen business, Swiggy Access. This decision was made as part of the company's cost-cutting measures, which included laying off 380 employees due to a lack of funding opportunities, The Financial Express reported.
Bengaluru: Food aggregator and quick commerce company Swiggy has laid off 380 workers citing challenging macroeconomic conditions and a slowdown in its food delivery business, media reports said.
Kolkata/IBNS: Swiggy, India’s on-demand convenience platform, has launched an immediate and free ambulance service for all its active delivery executives and their dependents in the case of emergencies.
New Delhi: Zomato has said the Competition Commission of India (CCI) wants to look into its trade practices like the preferential listing of restaurant partners and pricing parity and has prima facie not found concerns with respect to their independence on levy of commissions or alleged bundling of services, media reports said.
Mumbai/UNI: Food ordering and delivery platform Swiggy on Monday said it has raised USD 700 million in new funding led by Invesco.
New Delhi/UNI: Two & 3Wheeler manufacturer TVS Motor Company has announced a partnership with food and on-demand delivery player Swiggy to enable the adoption of electric vehicles in its delivery fleet and increase the share of EVs in food delivery and on-demand delivery services.
Mumbai/IBNS: Swiggy and Zomato, India's top food aggregator platforms, clocked 9,000 orders per minute and 7,100 orders per minute, respectively, till 8:20 pm on December 31, 2021, as most people decided to stay indoors and celebrated the New Year eve amid Omicron scare.
Mumbai/IBNS: Swiggy will invest $700 million in its express grocery delivery business Instamart with the aim to strengthen its presence in a category that has shown immense growth since it was launched in the middle of the pandemic last year.
Bengaluru/IBNS: Online food delivery aggregator Swiggy will be giving its female regular delivery partners paid monthly period time-offs, it said in a statement on October 20, according to media reports.
New Delhi/IBNS: Food delivery apps like Zomato and Swiggy will collect five per cent Goods and Services Tax (GST) from consumers instead of the restaurant they pick up orders from, Union Finance Minister Nirmala Sitharaman said on Friday.
New Delhi/UNI: The GST Council in its meeting on Friday may discuss the possibility of bringing diesel and petrol in the ambit of the new indirect tax regime besides considering a proposal to levy a five per cent tax on food-delivery apps such as Zomato and Swiggy.
Bengaluru/UNI: Vahan, a jobs & livelihood platform for blue-collar workers, has raised USD 8 million in its series A round of funding led by Silicon Valley investor Khosla Ventures.
New Delhi/IBNS: Fieldfresh Foods Pvt. Ltd on Wednesday announced strategic tie-ups for its premium food brand, Del Monte, with online food delivering platforms Zomato and Swiggy as well as door to door delivery app Dunzo to deliver its range of premium food products - which include Tomato Ketchup, Mayo, Pasta, Olive Oil and fruit drinks - to consumers’ homes amidst the continuing lockdown.
Kolkata / Bengaluru, Sept 4 (IBNS): Following the launch of Swiggy Stores earlier in the year, Swiggy, India’s leading on-demand delivery platform, on Wednesday announced another major step in its vision of offering unparalleled convenience to consumers with the launch of ‘Swiggy Go’.