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Many of the retail and grocery shops are shut down in the country and some are open for a short period of time. Online grocery delivery platforms such as Big Basket and Grofers are facing challenges in terms of meeting the growing demand by Indian consumers. Within two months of its launch, food delivery unicorn Zomato has decided to wrap the grocery delivery arm — Zomato Market — as it lays out the … Trending This Week. Similar to Zomato, competitor Swiggy has ramped up grocery deliveries for its customers. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Infinix Zero 8i Review: Affordable Phone for Gaming? Uber Eats and FoodPanda’s acquisition by Ola has further shaken the market. E-commerce giants including Amazon and Flipkart, on the other hand, are trying hard to bolster grocery and home essential shipments from their platforms. BENGALURU: Grocery seems to have become the new battlefield for e-commerce companies, with Zomato now keen to acquire e-grocery start-up … Please send in your leads and tips. Zomato Starts Grocery Delivery Service in Over 80 Cities Amid Coronavirus Lockdown, Vi की 3G सेवाएं इस दिन से हो जाएंगी बंद, जल्द कराएं 4G में अपग्रेड, Mi 10i अमेज़न पर हुआ लिस्ट, स्नैपड्रैगन 750जी प्रोसेसर की मिली जानकारी, Oppo Reno 5 लॉन्च, 8 जीबी रैम और 50 वॉट फास्ट चार्जिंग सपोर्ट शामिल, नए साल पर Jio का बड़ा तोहफा, 1 जनवरी से सभी नेटवर्क पर होगी फ्री कॉलिंग, BSNL का Free SIM ऑफर अब 31 जनवरी तक, दो प्लान में हुए बदलाव, Enable These MIUI 12 Features for a Clutter-Free, Clean UI | How to Enable Control Centre, Lite Mode, How to Change iPhone Wallpaper Automatically With Time of Day, MIUI 12 Remove Ads: How to Get Rid of Spam on Redmi Note 9 Pro, Other Xiaomi Phones. This comes as a surprise as the food tech unicorn was on its way to expanding the grocery delivery operations and revealed recently that … Lorem ipsum dolor sit amet, consectetur adipiscing elit. Not only grocery, Swiggy and Zomato have also started home delivery of alcohol in select states. Zomato has announced that it has started delivering groceries in over 80 cities across India to help people procure essential items during ongoing coronavirus lockdown. Gadgets 360 has reached out to both Swiggy and Zomato to get clarity on its grocery delivery operations and will update this space when the company responds. This situation has given an instant rise to the demand for online grocery delivery. Zomato, which ventured into grocery delivery during the early days of the lockdown, shut down the vertical named Zomato Market in June. © Copyright Red Pixels Ventures Limited 2021. Zomato Market was expected to be a counter-attack from the Ant Financial-backed firm for its arch-rival Swiggy, which has been doing grocery delivery for over 12 months. “It absolutely makes sense. According to the industry’s estimate, both food delivery platforms have been facing a 70-80% drop in the number of orders over two months. The Zomato app now features Zomato Market that lists local grocery stores in an area. “It’s quite surprising, but the company has started downscaling the grocery delivery service in many cities, especially smaller ones,” said one of the sources on condition of anonymity. Taking steps to extend the runway, Zomato also laid off 13% of its workforce and slashed salaries of senior employees. Aside from Zomato, Swiggy has also started offering a grocery delivery service in many parts of the country. 21 Places. It is an icon with title Right Triangle. Zomato plans to shut down its newly launched grocery delivery service, Zomato Market, according to two sources that are aware of the development. Zomato has started the Zomato Market services to deliver the essential grocery items at your doorstep. Zomato recently added grocery delivery services in its food delivery application and the reason behind this shift is the demand for grocery home delivery in India. The new moves by Zomato comes days after it faced hardships in serving customers due to the nationwide lockdown that the government imposed to limit the spread of COVID-19 in India. Zomato has now launched grocery delivery services in the midst of the tremendous rise in demand for fresh produce & staples home deliveries ‘Zomato Market’. Zomato has partnered with various local grocery stores and FMCG companies for its latest move. It’s worth noting that Zomato and Grofers also held merger talks. All rights reserved. Similar was the case with Swiggy that was also not able to fulfil food orders during the initial lockdown days in the country. The customers cannot order more than 12kgs at a time. Zomato Market Post the lockdown announcement Zomato shut its key food delivery service as ordered by the Government of India. As far as grocery is concerned, Zomato was not a new entrant during the lockdown period. Zomato will have to continuously innovate and evolve to stay ahead of the competition. Swiggy has a presence in the grocery segment and has been ramping up efforts to … Best of Gurgaon. Grofers, BigBasket and mom-and-pop stores have seen demand surge on the back of panic buying. However, there is no further update on the discussion, and it looks like it didn’t move beyond the preliminary stage. Zomato Gold. Collections. Interestingly, Swiggy’s rival Zomato, which had also forayed into grocery delivery with the Zomato Markets feature had earlier said that it was scaling down the service. Grocery options is listed in the app ahead of food ordering options. Zomato Grocery Deliver through Zomato Market have been started only in the South Delhi regions. The new service from the online food ordering and delivery app comes at a time when there's a nationwide lockdown and demand for essential services is at an all time high. Zomato Market identifies nearby grocery stores that are available and open for delivery. It has also partnered with Vishal Mega Mart and other FMCG to deliver groceries. This will come as a boon during the lockdown in India that has increased the demand for online grocery … Zomato had pivoted to groceries with the launch of Zomato Market in April, (Reuters) Zomato scales back grocery as food delivery recovers 2 min read. The new extension is valid across India, UAE, Australia, Indonesia, Philippines, Lebanon, Turkey, New Zealand, Portugal, and Qatar. Jagmeet is a senior reporter for Gadgets 360, and has frequently written about apps, computer security, Internet services, and telecom developments. The online food ordering and delivering unicorn which had launched Zomato Market in April after the nation went into a complete lockdown as people stayed home, and demand for grocery and food delivery dipped. It is a … is a cash-guzzling business where every player has been losing money on each delivery. Since Covid-19 has disrupted the company’s operations by a large margin, the company will have to wait and work hard to reach to pre-crisis scale in its core business ~ food delivery. We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts or RSS, download the episode, or just hit the play button below. Entrackr had exclusively reported the merger talks in April. 267 Places. Besides, expanding the grocery delivery service was a part of the company’s plan to compensate for the sharp fall in business during the lockdown period. The company has partnered with various local grocery stores, FMCG companies, and various startups to enable the new experience for its customers. The company initially piloted the new service under the Zomato Market branding in some parts of Kerala and Haryana late last month. Click edit button to change this text. Jagmeet is available on Twitter at @JagmeetS13 or Email at jagmeets@ndtv.com. Zomato is planning to shut its newly launched grocery delivery service, Zomato Market, said two sources aware of the development. Beebom can confirm that it is already live in Delhi and, is available for at least one of our colleagues. Zomato, after creating quite a reputation for itself in the online food delivery industry, now plans to tap into the grocery delivery market. 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