Swiggy Broaches Merger Talks With Zomato: Is Consolidation In The Indian Foodtech Space Imminent?

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https://startupforum.ir/images/imported/2017/11/2.jpgTwo of the biggest players in the Indian foodtech space, Zomato and Swiggy, are reportedly in talks about a potential merger. According to sources, Bengaluru-based Swiggy has proposed a stock-based merger with its arch nemesis, Zomato. As per reports, the upper management of both companies were engaged in discussions until last week. The deal, however, […]
The post Swiggy Broaches Merger Talks With Zomato: Is Consolidation In The Indian Foodtech Space Imminent? appeared first on Inc42 Media.

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Reference : https://inc42.com/buzz/swiggy-zomato-foodtech-merger/