Restaurant body NRAI is mulling legal action against both foodtech majors over the launch of 10-minute food delivery ‘private labels’ by Zomato and Swiggy NRAI president Sagar Daryani claimed ...

Restaurants are upset with Swiggy and Zomato for launching standalone apps, Snacc and Bistro, which deliver quick meals using customer data, moving beyond their role as marketplaces. Restaurants ...

potential legal challenge against the ultra-fast food delivery verticals of Swiggy and Zomato. IFAT argued that gig workers face immense pressure to meet the “unrealistic expectations” of 10 ...

The NRAI had filed a petition with the Competition Commission of India (CCI) in 2021, accusing both Zomato and Swiggy of abusing their dominant market positions The National Restaurant Association ...

While brokerages like Jefferies acknowledged the strategic move, they also raised concerns about rising competition, potentially pushing rivals like Swiggy to accelerate their own growth plans. The ...

"We will be adding to our petition in CCI about them (Zomato, Swiggy) doing private labels through Bistro and Snacc," Mr. Daryani shared. He said NRAI will also request CCI to investigate ...

Global brokerage JP Morgan believes that both Swiggy and Zomato are available at attractive prices for taking positions in them. Similarly, Zomato also trimmed its day's early gains of up to 7.27 per ...

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Shares of Zomato Ltd. and its peer Swiggy ...

Swiggy pioneered the concept in April 2023 with a modest Rs 2 fee, whilst Zomato followed suit in August 2023. (Image/PTI) Food delivery platforms Zomato and Swiggy are likely to continue charging ...

Legal Actions and Ongoing Investigations In 2021, NRAI filed a petition with the Competition Commission of India (CCI), alleging that Zomato and Swiggy were abusing their dominant market positions.

Shares of quick commerce players--Swiggy and Zomato extended losses and dropped another 3 percent on January 22 amid growing concerns over intensifying competition in the sector. These concerns ...