Monday, March 27, 2023
Outlook.com
Outlook India
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Swiggy

The funds raised will be used for tech enhancement and business growth across different parts of the country and for building partnerships

The initiative is part of Swiggy's strategy to build a mutually beneficial relationship with its restaurant partners and is expected to help restaurants invest more money into their businesses and drive further growth

How Indian start-up founders turned the tables on shrewd Indian venture capitalists

The move comes as Swiggy seeks to dispose of nonviable business verticals and focus on profitability ahead of a planned public listing

The food delivery platforms have also sought clarification from the government on the directive while claiming that there has been a misinterpretation of the notice as the ban is applicable to bike taxi service providers

As a part of the deal, Vicky Ratnani, owner of Speak Burgers, will become Ghost Kitchens' chief culinary officer and co-founder. The company aims to add 400 new fulfillment partners over the next three years

The integration comes after the National Restaurant Association of India (NRAI) urged its members to log out of the Dineout app, citing deep-discounting issues

The Rest Points offer essential facilities such as clean drinking water, phone-charging stations, washrooms, high-speed internet, a 24/7 helpdesk and first-aid support

After being forced out of Uber, Kalanick acquired a significant stake in CloudKitchens in 2018

Swiggy is selling its kitchen infrastructure business to cloud kitchen company Kitchens@ in a share swap deal worth $10 million