E-commerce firms in high spirits: BigBasket, Amazon, Swiggy and Zomato foray into alcohol delivery

Alcohol delivery is emerging as the next big thing in India’s e-commerce scene. BigBasket and Amazon recently acquired licences for delivering alcohol in West Bengal. Food aggregators Swiggy and Zomato are already offering alcohol delivery services in Jharkhand, Odisha and West Bengal. This could be a lucrative business for e-commerce companies as […]

Swiggy lays off 1,100 employees due to Covid-19

Swiggy on Monday announced it will lay off 1,100 employees which constitutes 13% of its workforce. Swiggy’s co-founder and CEO Sriharsha Majety announced the layoffs in a blog post which was emailed to all employees earlier today. In the blog post, Majety highlighted how Covid-19 has affected the delivery business with uncertainty […]