Swiggy

From a bird’s eye view, Zomato and Swiggy are quite similar, but they couldn’t be more different on closer inspection.

Zomato is looking to list itself in India and reportedly plans to raise USD 6 to 8 billion during IPO.

Naspers-backed food tech major Swiggy—one of the first Indian food delivery companies that was betting big on cloud kitchen—had to shut and relocate many of its non-profitable cloud kitchens in April.

The company said it has seen an increase of over 200% in its takeaway order volume in the last few months.

Google faces backlash from Indian tech entrepreneurs for charging 30% commission on all in-app purchases.

India’s new foreign investment policy forces both local startups and Chinese investors to adapt amid an uncertain moment.

In the past tech companies such as Oyo, Policybazaar, Ola, Paytm, Quikr, and others have also said they would soon launch their IPO.

The total value of all known unicorns based in India is USD 73.2 billion, while the value of unicorns founded overseas by Indians sums up to USD 99.6  billion.