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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Bistro may look like a response to Swiggy and Rapido’s 'budget' food delivery apps, but the similarities end at affordability—the playbooks are fundamentally different.
When Eternal posted its first-quarter results on Wednesday, one section of its shareholder letter stood out. It addressed a question that has surfaced in almost every conversation about the future of food delivery in India: what impact are Toing and Ownly having on Zomato (Eternal’s food delivery business)?
“The impact has been limited,” said Eternal’s founder and vice chairman Deepinder Goyal. “We've responded where needed and we'll adapt if something changes. But we're not spending much energy on this.”
Instead the company is focusing on Bistro, which Goyal described as “our answer to the question these platforms are pretending to …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
Parent AceVector is headed for a public market debut next week. As much as 97% of its revenue comes from two businesses. One is already a listed entity, the other a missed opportunity.
The EV maker is turning to gig-worker rentals to absorb its scooter output. But questions on cost, competition and execution make its latest pivot uncertain.
