India: Zomato may start Swiggy-like homemade food delivery service

Photo: Mint

The competition is set to heat up between the two biggies, Swiggy and Zomato, in the food tech space as the latter is possibly looking to start homemade food delivery service.

Zomato said in a recent tweet, “Guys, kabhi kabhi ghar ka khana bhi kha lena chahiye,” which roughly translates to “Guys, one should eat homemade food once in a while.”

To this, it’s founder Deepinder Goyal replied: “Who did this? Good tweet.”

The development comes roughly a month after Swiggy launched ‘Swiggy Daily’, an app to give consumers access to a variety of simple homestyle meals prepared by home chefs, tiffin service providers and organised vendors. The services were initially launched in Gurugram, and will be expanded to Bengaluru and Mumbai in the coming months, Swiggy then said.

According to an IANS report, Swiggy is already catering to over 1,000 customers in Gurugram with its new app. Swiggy Daily allows users to schedule their meals in advance or opt for a daily, weekly, or monthly subscription.

Zomato and Swiggy are locked in a fierce battle for dominance in India’s fast-growing online food delivery market. By December 2018, Swiggy occupied about 36.4 per cent of the market share by transactional volume, according to data from market intelligence firm Kalagato. Zomato was a distant second with just over 26 per cent share.

Other players in the segment include Ola’s FoodPanda and Uber Eats, the online food delivery service owned by Uber Technologies Inc.

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Following vacancies can be applied for (only in Singapore).   

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.