Business Today

Turning Point

THE ONLINE FOOD delivery business, one of the most well-funded start-up verticals in India, is finally beginning to show signs of profitability. Market leaders Swiggy and Zomato have just announced profitability in their respective verticals, marking a turning point for the sector.

Swiggy’s Co-founder and CEO Sriharsha Majety, in a recent blog post, claimed that

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