Delivery race among Indian grocery startups brings road safety risks
Indian grocery startups are luring tech-savvy customers with the promise of delivery within 10 minutes, sparking a boom in “quick commerce”, but heating up concerns about road safety as bike…
Swiggy raises $700 mln in funding round led by Invesco, valuation crosses $10 billion
BENGALURU, Jan 24 – SoftBank-backed (9984.T) Indian food delivery firm Swiggy said on Monday it raised $700 million in a funding round led by U.S. investment firm Invesco (IVZ.N), as…