CEO and founder Deepinder Goyal, in an organization weblog, stated, “We have began grocery supply in 80+ cities throughout India to assist with the provision of necessities. Our supply community in the nation is simply second to India Post, and we’re placing in each effort to be sure that we put it to good use to serve the neighborhood.”
The purpose right here is to make sure last-mile supply of necessities to households in India throughout the Covid-19 lockdown. The Zomato app has now launched a brand new feature- Zomato Market for a similar.
Rival agency Swiggy on Monday stated it raised $43 million as a part of its ongoing Series 1 spherical and can use the proceeds to increase the enterprise and make investments in grocery supply, concierge companies, and micro-delivery arm SuprDaily.
“Our focus remains to execute on our vision while building a sustainable path to profitability,” Rahul Bothra, Chief monetary officer at Swiggy, had stated in a press release.