Has Food Delivery In India Hit A Dead End?

Share via:


Does Zomato want to zoom into the trail of big tech name-changers? 

Perhaps so. But, whether Deepinder Goyal’s Eternal will be the game-changer for the flagship food delivery brand is a $30 Bn question that only time can answer. 

If anything this rebranding of the startup signifies, it is the chief executive’s ambition to build a big business empire that would shroud how a slowdown in India’s INR 5.5 Lakh Cr food delivery sector is fast eating into Zomato’s bottomline.

Eternal will spread the cover on the troubled core of the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

admin
admin
Hi! This is Admin.

Popular

More Like this

Has Food Delivery In India Hit A Dead End?


Does Zomato want to zoom into the trail of big tech name-changers? 

Perhaps so. But, whether Deepinder Goyal’s Eternal will be the game-changer for the flagship food delivery brand is a $30 Bn question that only time can answer. 

If anything this rebranding of the startup signifies, it is the chief executive’s ambition to build a big business empire that would shroud how a slowdown in India’s INR 5.5 Lakh Cr food delivery sector is fast eating into Zomato’s bottomline.

Eternal will spread the cover on the troubled core of the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

admin
admin
Hi! This is Admin.

More like this

How senior care startups are harnessing AI for preventive...

In the 2002 Steven Spielberg sci-fi thriller Minority...

Airtel Bundles JioHotstar Subscription on All Postpaid Plans

Indian telecom service provider Bharti Airtel has already...

Reliance’s Hathway and DEN Launch Reels Channels on Cable...

Reliance Industries-owned cable TV providers, Hathway Digital and...

Popular

Upcoming Events

WhatsApp can be your default calling and texting app...

With iOS 18.2, Apple has introduced a new...

Zaggle To Acquire 45% Stake In Effiasoft For INR...

SUMMARY Zaggle said it will acquire the stake from...

Geysers, Footwear Seized From Amazon & Flipkart Warehouses

SUMMARY The Bureau of Indian Standards (BIS) seized over...
afg afg afg afg afg afg ADGF ADGF ADGF ADGF ADGF ADGF ADGF ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account