Competition in India’s food delivery market is set to heat up as Amazon India looks to enter the business soon, potentially disrupting the Swiggy-Zomato duopoly .
In January, Zomato Media Pvt. Ltd acquired the Indian business of Uber Eats, the food delivery business of the ride-sharing giant, in an all-stock deal, adding a powerful new investor to its shareholder roster in its battle against arch-rival Swiggy for supremacy in India.
E-commerce retailer Amazon is expected to pilot its project of delivering on-demand food in Bengaluru. Its food delivery platform is currently open only to its employees and test-runs are underway across five high-density pin codes in the city, Economic Times reported on 27 February.
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Prione Business Services, a joint venture between Infosys Ltd co-founder NR Narayana Murthy’s Catamaran Ventures and Amazon India, has been signing contracts with brands to list on Amazon, offering 10-15% commissions, the report said.
Source: livemint
