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Swiggy Halts Genie Delivery Service Across Major Cities Amid Focus Shift to Rapid Food Deliveries

Bengaluru-based startup temporarily suspends its hyperlocal pickup-and-drop offering as it expands 10-minute food delivery service to 500+ cities Bengaluru, India — May 5, 2025: Swiggy, one of India’s leading on-demand delivery platforms, has quietly paused operations of its hyperlocal courier service, Swiggy Genie, in several key Indian cities, including Bengaluru, Delhi-NCR, Mumbai, and Pune. The...

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ZOMATO, NOW ‘ETERNAL’, SEES REVENUE SURGE BUT PROFITS PLUNGE IN MARCH QUARTER

Eternal Ltd, formerly known as Zomato, reported a robust jump in revenue but a steep fall in quarterly profits for the three-month period ending March 31, 2025, underscoring the cost of scaling its rapid-delivery business amid rising operational expenses. The food delivery giant posted a consolidated net profit of ₹39 crore in Q4 FY25, marking...

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Ather Energy IPO Sees Tepid Start, Subscribed Just 17% on Day One

Bengaluru, India — April 29, 2025The highly anticipated initial public offering (IPO) of electric two-wheeler manufacturer Ather Energy got off to a subdued start on its opening day, with an overall subscription of just 17% by market close on Monday. While retail investors and employees showed strong interest, institutional participation remained largely absent. According to...

Top 10 Sustainable Startups in India

News Week India Team11 months ago10 months ago024 mins

Explore Top 10 Sustainable Startups in India leading the charge in renewable energy, agriculture, and urban mobility. From Zerodha’s sustainable…

Top 10 Waste Management Startups in India

News Week India Team11 months ago10 months ago030 mins

Discover Top 10 Waste Management Startups in India revolutionizing sustainability. Explore innovative solutions from Swachhcoin, Saahas Zero Waste, Karo Sambhav,…