Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now

You can switch off notifications anytime using browser settings.


Aug 20, 2019, 07.22 AM IST
The Economic Times
Stock Analysis, IPO, Mutual Funds, Bonds & More
Amazon readies new spread to lure eateries away from Zomato, Swiggy

Proposes commissions as low as 6-7% to break exclusivity contracts with established players.

We are big in second tier cities: Rohit Malik, CEO, Clicbrics

We want to target mainly Tier-II cities, pan India, said Rohit Malik, CEO, Clicbrics.

FHRAI comes down hard on Zomato, Swiggy & others, warns of nationwide protests

​​​​In a letter to Zomato, Swiggy, Nearbuy, Dineout Prius Heights, EasyDiner and Magicpin the Federation has pointed out to the unethical business practices and has called for review of all their schemes.

AVIOM Housing Finance raises Rs 60 crore from foreign investors

The latest round of funds will take equity to about Rs 86 crore, it said.

After tweet from Zomato’s Goyal, NRAI says it’s united to end deep discounting

Over a thousand restaurants have delisted from Zomato, EazyDiner, Nearbuy, Magicpin and Dineout under a #Logout campaign over the issue of unsustainable deep discounting.

Venture Catalysts invests $500,000 in Instoried

Instoried has created a tool that helps brands predict the emotional impact of content on their customers’ mind.

With easy money around, technology entrepreneurs turn risk-averse

The country added 1,200 new technology startups in 2018 as against 1,000 in 2017, and the momentum has not dipped in the first half of 2019.

Vir Sanghvi invests in product review startup Mishry

Mishry is a verdict-driven platform that recommends best buying options for categories like groceries, snacks, dairy products and kitchen appliances like blenders, microwaves, refrigerators, air fryers, etc.

The rise of the virtual restaurant

Food delivery apps like Uber Eats, DoorDash and Grubhub are starting to reshape the $863 billion US restaurant industry.

Amazon to use Prime Now for food delivery launch

Prime Now will serve as a platform focusing on high-frequency use cases of both food and grocery delivery, as Amazon looks to capture a bigger share of urban consumers.

Fintech firm Suvidhaa plans e-commerce foray

Fintech firm Suvidhaa plans e-commerce foray

The new marketplace will be called and will focus on selling only one branded product per day at highly attractive liquidation price until inventory lasts.

Signs of spark: Amazon, Flipkart bet big on festive sales spike

Executives of leading brands said the marketplaces have projected a surge of over 40% in consumer traffic during the festive season.

Signing up top tech talent is a steep challenge for startups

Signing up top tech talent is a steep challenge for startups

32% of firms lack knowledge about tools for effective assessment methodologies across the hiring process: Mercer|Mettl report.

RedDoorz gets $70m in fresh round of funding

RedDoorz gets $70m in fresh round of funding

The investment is part of a larger Series-C round and while company executives declined to specify the exact size of the ongoing capital raising round, it is expected to cross $100 million.

Paytm rejigs its top deck, CFO Madhur Deora named President

Paytm rejigs its top deck, CFO Madhur Deora named President

The Citigroup veteran, who joined the digital payments company in 2016, will now oversee multiple business lines at the Noida-based firm.

SoftBank to lend staff up to $20 B for fund: WSJ

SoftBank to lend staff up to $20 B for fund: WSJ

Founder and Chief Executive Officer Masayoshi Son may account for half of the employee investment pool, according to the Journal.

Load More...

Other useful Links

Follow us on

Download et app

Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service