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India's hotels, restaurants gain from MakeMyTrip, Zomato, Swiggy — Quartz India

March 3, 2021
As travel and eating out resume in post-pandemic India, the love-hate relationship between hotels and restaurant owners and online aggregators of their services has come to the fore yet again.
On Feb. 26, the Federation of Hotel & Restaurant Associations of India (FHRAI) initiated the #GoDirect, #BookDirect, and #OrderDirect campaigns on social media to urge patrons to connect with businesses directly instead of going through popular travel portals such as MakeMyTrip and Yatra, and food delivery apps such as Swiggy and Zomato. The association, which represents 55,000 hotels and 500,000 restaurants across the country, believes that intermediaries are biting into the revenues of their members, and making it hard for them to survive amid a tough business environment. ....

Anindya Ghose , Prasantok Roy , Heinz Riehl , Piyush Surana , Yugal Joshi , Surendra Kumar Jaiswal , Gurbaxish Singh Kohli , Everest Group , Federation Of Hotel Restaurant Associations India , York University Stern School , Restaurant Associations , Heinz Riehl Chair , New York University , Stern School , Bengaluru Based Swiggy , Gurugram Based Zomato , Anuran Dhar , Globaldata Consumer , Covid 19 , Covid 19 Pandemic , அணிந்துரை கோஸ் , ஹெய்ன்ஸ் ரீேதில் , பியூஷ சூரனா , யுகல் ஜோஷி , சூரென்ற குமார் ஜெய்ஸ்வால் , எவரெஸ்ட் குழு ,

Swiggy Funding: Swiggy in talks to close $700-800 million funding round

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Swiggy had closed
its previous funding at about a $3.7 billion valuation when it raised $158 million led by its largest backer Naspers in February 2020.
Swiggy did not respond to ET’s request for comment until press time on Thursday. Mails sent to QIA, GIC and Falcon Edge did not elicit any response.
$1 Billion War Chest
The fundraise comes at a time when its chief rival Zomato is expected to go public in the next few months.
ET reported this week that the Gurugram-based Zomato
has restructured its capital base to create 8.8 billion new shares. It also reported on January 27 that the food-delivery and restaurant discovery app ....

Sriharsha Majety , Morgan Stanley , Qatar Investment Authority , Credit Suisse , Goldman Sachs , Kotak Mahindra Bank , Falcon Edge , Gurugram Based Zomato , Softbank Backed Grofers , Swiggy Funding , Zomato Ipo , Swiggy Vs Zomato , Zomato Valuation , Swiggy Valuation , Foodtech Startups , ஸ்ரீஹர்ஷா கம்பீரம் , மோர்கன் ஸ்டான்லி , கத்தார் முதலீடு அதிகாரம் , கடன் ஸ்யூயி , கோல்ட்மேன் சாக்ஸ் , கோட்டக் மஹிந்திரா வங்கி , ஃபால்கன் விளிம்பு , குருகிராம் அடிப்படையிலானது ஜோமத்தோ , ஸ்விக்கி நிதி , ஜோமத்தோ இப்போ , ஸ்விக்கி எதிராக ஜோமத்தோ ,