Swiggy

Such food delivery apps will now be required to collect 5 per cent GST, or Goods and Services Tax, from consumers instead of the restaurant they pick up orders from, Finance Minister Nirmala Sitharaman said on Friday.

Commences trials to increase the deployment of electric vehicles in its delivery fleet across Hyderabad, Bengaluru and New Delhi

The pilot program in the city where Swiggy’s delivery partners will make food deliveries on e-bikes will be launched this month

To relieve some of the stress of the Covid-19 pandemic, Swiggy launched the Jumpstart programme, supporting over 50,000 restaurants last year.

Waiting for tables is slowly returning to usual, with crowds thronging popular restaurants, even going so far as to wait on roads on their bikes and cars just to get a table, and all this for biryani

According to the NRAI, the anti-competitives actions of the aggregators include bundling of services, data masking, exorbitant commission charges, price parity agreements and deep discounting.

Owners say orders have come down drastically due to fear among people and lockdowns

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Additionally, Swiggy has also set up an emergency support team to assist employees.

The proposed investment comes at a time when rival food ordering platform Zomato is planning to go for an initial public offering (IPO) during the year

The report notes that the current infrastructure can support $8-11 billion in annual gross merchandise value (GMV).

Consumers can choose from high-protein, low-carb, vegan, and keto meals across soups, salads, wraps and desserts.

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The company which currently has 1,300 employees hired over 550 people last year and witnessed a three times business growth in the pandemic-hit year.

The app-based virtual number gives users the option of blocking all calls and also all messages sent to this number are stored in the app.