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    A little over a month after announcing new funding, Indian food delivery startup Swiggy is laying off 1,100 employees. Swiggy’s Sriharsha Majety wrote in a message to employees on the company’s blog Monday, that the core food delivery business had been “severely impacted” by the COVID-19 pandemic. Majety added that Swiggy would be scaling down ...
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    Indian grocery startup BigBasket has raised $60 million as it scales its business in the country to meet growing demand from customers stuck at home. Alibaba and other existing investors including Mirae Asset and CDC Group participated in the bridge-round, Vipul Parekh, co-founder of BigBasket, told TechCrunch in an interview. Parekh said the startup intends ...