ZOMATO

Zomato's new 10-minute instant delivery initiative, announced on March 22, received criticism from netizens. Clarifying the same, Zomato CEO Deepinder Goyal assured safety of delivery partners, no penalties and deadline policies and other measures which ensures delivery partners' safety. Goyal said, "We are building new food stations to enable a 10-minute service for specific customer locations only". The new initiative will start in Gurugram… read-more

Delhi's best burger chain awardee, the Burger Club is all set to expand in different cities of India. As of now, the burger chain, Launched in 2015, has 28 outlets in the NCR region and is planning to have 50 + outlets in cities like Hyderabad, Kanpur, and Lucknow by 2021 December. ''We believe burgers should be enjoyed by everyone,'' said Sapna, Marketing Head at The Burger Club.

The GST Council has decided that starting from 1st January 2022, Online Food Delivery Businesses like Swiggy and Zomato are required to collect 5% GST from their customers. This transition is meant to simplify the tax administration. Revenue secretary Tarun Bajaj explained, "There is neither a new tax nor extra tax, the tax earlier payable by restaurants, now will be payable by aggregators to prevent revenue leakage."

Food delivery giant Zomato has announced that it's going to stop its grocery delivery service effective from September 17. Reportedly, the company took this decision due to multiple reasons such as poor customers experience, increasing competition, and delays in deliveries. Zomato also couldn't compete with grocery delivery platform Grofers' 10-minute delivery promise. While It's confident that its stake in Grofers will generate better income… read-more

Zomato and Swiggy are considered to be the best food delivery apps in the world according to Zomato’s CEO and Co-founder Deepinder Goyal. On July 23, Zomato was listed as a unicorn brand. Speaking of Zomato’s successful business, he stated, “if you are building to succeed in India, you are already exceptional.” Goyal further stated that the tremendous response to its IPO has given the company confidence.