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Grofers, Zomato and the big online grocery battle


Grofers, Zomato and the big online grocery battle
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Grofers is the latest beneficiary of the boom in
online grocery deliveries. The company is set to become the latest Indian startup unicorn after raising $120 million from
Zomato and
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E-grocery sweepstake
E-grocer Grofers has signed a deal with Zomato and Tiger Global to raise $120 million, sources have told us. We were the first to report on May 7 that Zomato was in talks to invest $100 million in Grofers at a $1-billion valuation. ....

Blue Hill , New York , United States , Uttar Pradesh , Andhra Pradesh , Hong Kong , Republic Of India , Bajrang Dal , Brandi Bryant , Sameer Seth , Anirudh Krishnan , Jerry Yang , Tata Digitalacquired , Indian Space Research Agency , Axis Bank , Amazon Web Services , Vantrix Corp , Karnataka High Court , National Restaurant Association Of India , Bryant Consulting Group , Hunger Inc , Softbank Vision Fund , Cairn Energy Plc , Cantor Fitzgerald , Tide Platform Ltd , Bharat Innovation Fund ,

Wake-up Call- Business News


Wake-up Call
As business came to a standstill during last year s lockdown, food retail companies and restaurants embraced technology to stay afloat
Illustration by Raj Verma
Mumbai-based fine-dining restaurant, Bombay Canteen s Mother s Day Brunch, along with fancy cocktails and music, is something many upmarket residents of Maximum City look forward to every year. However, for the second consecutive year, Mother s Day had to be celebrated indoors because of the lockdown. Since restaurants are allowed to do home deliveries this time round, Bombay Canteen Founders Sameer Seth and Yash Bhanage saw an opportunity in recreating their signature Mother s Day Brunch experience at their patrons homes. ....

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Why more restaurants are preferring to go digital, and away from third-party aggregators


Why more restaurants are preferring to go digital, and away from third-party aggregators
May 4, 2021
To save on commissions paid to food aggregators, a few branded and fine-dining restaurants have established in-house delivery platforms. This does help for the time being, but how feasible is this in the long fight against the pandemic?
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The second wave of Covid-19 has had an harrowing impact on every citizen in the country. If not health wise, many people have had to suffer due to failing businesses or loss of livelihoods.
The hospitality industry in particular has been affected severely, with scores of restaurants closing down during the first wave in 2020. ....

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Is Takeaway The Only Way For Hospitality To Survive The Second Wave Of Pandemic?


Is Takeaway The Only Way For Hospitality To Survive The Second Wave Of Pandemic?
Restaurants are banking on home deliveries and other innovative ideas to see through the second wave of the pandemic.
PTI
Lachmi Deb Roy
2021-04-17T08:02:33+05:30
Is Takeaway The Only Way For Hospitality To Survive The Second Wave Of Pandemic?
outlookindia.com
2021-04-17T08:04:57+05:30
Also read
Just when things were looking up, the second wave of coronavirus had to mess things up, hitting the hospitality industry hard with restaurants and bars remaining shut till April 30.
Delhi will shut down this weekend to “break the chain of transmission” as it tackles a steep rise in Covid cases, Chief Minister Arvind Kejriwal announced on Friday. Essential activities, including weddings or travel from airports and train stations will be allowed with curfew passes. Auditoriums, restaurants, malls, gyms and spas will be shut down a ....

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Zomato | Maharashtra Covid Restrictions: Restaurants, food delivery firms brace for a second hit


Synopsis
Most e-commerce firms are ready to get their staff tested, as mandated by Maharashtra’s latest Covid-19 guidelines. Online grocery firms are already witnessing a surge in orders.
Agencies
According to the latest Maharashtra lockdown guidelines, restaurants can no longer provide dine-in or food delivery services after 8:00 pm.
Bengaluru | Mumbai: Maharashtra’s new Covid-related restrictions will likely have minimal impact on e-commerce, firms said.
The state government had on Sunday ordered that delivery and supply chain staff of e-commerce companies must either be vaccinated or carry a negative RT-PCR test report, starting April 10. Top company executives told ET they will ensure continuity of operations despite increase in costs on account of mass testing. ....

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