Services
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TFW Bureau Nov 22, 2024 - 2 min readThe launch marks another milestone in EaseMyTrip's franchise expansion strategy, enhancing its offline footprint across Central India EaseMyTrip.com, one of India's leading online travel tech platforms, announced the launch of its first franchise store in Jabalpur, Madhya Pradesh, which opened its doors to customers on October 27th. This strategic expansion adds to the company's growing ...
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TFW Bureau Nov 11, 2024 - 1 min readIndia's Competition Commission of India (CCI) has found food delivery giants Zomato and Swiggy guilty of violating competition laws, according to a report by Reuters. The investigation revealed that both companies allegedly engaged in practices favouring select restaurant partners, thereby limiting market competitiveness, according to documents cited ...
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TFW Bureau Nov 09, 2024 - 1 min readSwiggy’s initial public offering (IPO) received a 35% subscription on day two of the share sale. The initial share sale of the food delivery and quick-commerce major received bids for 5,56,98,652 shares against 16,01,09,703 shares on offer, as per NSE data. The portion for Retail Individual Investors (RIIs) got subscribed 84% ...
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TFW Bureau Oct 29, 2024 - 2 min readQuick commerce platforms like Blinkit and BigBasket have extended their express delivery services to deliver gold and silver coins to meet the demand for same this festive season. Customers can now purchase these coins from well-known brands like Tanishq with delivery times as short as 10 minutes. Blinkit CEO Albinder Dhindsa termed it as ...
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TFW Bureau Oct 24, 2024 - 1 min readSwiggy, an online food delivery platform, has partnered with SwopStore, a customer acquisition platform. This collaboration is expected to drive growth in Swiggy’s sales, leveraging SwopStore’s innovative approach to customer engagement and retention. SwopStore, claims to revolutionising how brands interact with customers by utilising advanced technology and strategic insights to boost engagement and conversion rates. ...
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TFW Bureau Oct 24, 2024 - 1 min readFood delivery aggregator Zomato Ltd. has reported its September quarter results. The company reported a net profit for the fifth quarter in a row. Zomato reported a net profit of ₹176 crore for the July-September period. The figure though is lower compared to Jefferies' estimates of ₹245.3 crore. The company had reported a net profit ...
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TFW Bureau Oct 21, 2024 - 1 min readBlinkit, Zomato's quick commerce platform, is set to introduce a new category of high-value items, including jewelry, with a 30-minute delivery service starting next year. Supported by a network of "express dark stores," the initiative is expected to roll out by mid-FY26. This move aims to increase Blinkit's average order value (AOV) and intensify competition ...
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TFW Bureau Oct 18, 2024 - 1 min readWyndham Hotels and Resorts will soon introduce its budget hotel brand Microtel in the country. Aiming to deepen its presence in India, the world’s largest hotel chain by number of properties has signed an exclusive development agreement with Nile Hospitality LLP and plans to open 40 properties by 2031. “The agreement underscores the company’s commitment to expanding in ...
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TFW Bureau Oct 09, 2024 - 1 min readThe Indian e-commerce landscape is undergoing a transformative evolution, with Deloitte’s latest report forecasting a monumental growth trajectory. The projection of reaching $325 billion by 2030 represents not just a number, but a fundamental shift in how India conducts commerce. This 21% Compound Annual Growth Rate (CAGR) signifies a digital revolution that’s reshaping the retail ecosystem.
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TFW Bureau Oct 08, 2024 - 2 min readKamah Hotels & Resorts has announced a major partnership with Wyndham Hotels & Resorts at the Future Hospitality Summit 2024 in Dubai. Together, they have signed a $70 million deal to develop four new hotels—one in Dubai and three in India—under the Trademark Collection by Wyndham. This marks a significant expansion for Kamah’s portfolio, developed by Fine Acers Group in India and Global Branded ...