Gig, delivery workers call for all-India strike on Christmas Day, New Year’s Eve| Business News

Associations representing gig workers in India have called for an all-India strike on Christmas Day and New Year’s Eve—two of the busiest days of the year for the likes of Swiggy, Zomato and Blinkit—over what they claimed were worsening working conditions and reduced commissions. The gig workers strike is a protest against what their associations […]

India’s quick-commerce bubble may be close to bursting, Blinkit CEO warns| Business News

India’s quick-commerce sector is hurtling towards a shakeout, Blinkit’s Chief Executive Officer Albinder Dhindsa said, while maintaining that his company would survive and thrive. Blinkit, part of Deepinder Goyal-led Eternal Ltd. that also includes Zomato, is yet unprofitable, despite its cash pile, as it keeps investing to enter new markets. (Reuters) The quick-commerce model, which […]

What Swiggy, Zomato and their ilk must do under India labour codes| Business News

The government has formally implemented India’s four new Labour Codes, replacing 29 fragmented labour laws, in what is seen as a pivotal moment for gig workers in the world’s fourth largest economy. India’s new labour codes ensure that the likes of Swiggy and Zomato can no longer view their delivery partners (gig workers) as independent […]

Swiggy’s Scootsy Logistics leases warehouse spaces for ₹20 lakh monthly rent in Bhiwandi near Mumbai

Scootsy Logistics Pvt Ltd, a fully owned subsidiary of Swiggy, has leased multiple warehouse spaces in Bhiwandi, near Mumbai, occupying a combined 1.21 lakh sq ft of space for a total monthly rent of ₹19.98 lakh, according to registration documents accessed by data analytics firm CRE Matrix. Scootsy Logistics, a Swiggy subsidiary, has leased 1.21 […]

Swiggy Instamart to deliver 1 gm gold to 1 kg silver on Dhanteras| Business News

Swiggy Instamart will deliver 1 gm gold to 1 kg silver at your doorstep within 10-15 minutes on Dhanteras day, adding yet another chapter to how quick commerce has evolved in the world’s fourth largest economy. Swiggy Instamart’s gold and silver delivery is limited to key metro cities only. (Representative Image/Bloomberg) The quick-commerce unit of […]