CompUp (YC S22)’s Post

The Telangana Gig and Platform Workers Union questioned Swiggy on X about why the company requires its delivery agents to pay for their own kits, “Swiggy Kit”, including t-shirts, bags, and raincoats, even though they prominently display the brand’s name. “Dear @Swiggy why are delivery workers being charged for a bag, Raincoat and t-shirt that advertise your brand? If it's promoting #swiggy, they shouldn't have to pay for it ,“the Union posted on X. The Union shared screenshots showing that a Swiggy raincoat costs Rs 749 and the bag costs Rs 299 after a discount (original price Rs 899). The "Swiggy Kit," which includes two shirts and a bag, is priced at Rs 1199. The union slammed the food delivery platform as it shared screenshots directing agents to carry the branded bag, non-compliance of which, will result in penalties, and agents are responsible for replacing lost or damaged bags. Moreover, in case the bag is damaged or lost, the agents are supposed to buy the replacement themselves. The text on the screenshot read, "Carrying Swiggy bags to ensure hygienic deliveries is of utmost importance." The post has gone viral with many users slamming the practice by Swiggy. One user wrote, “Bag and uniform should be complimentary upon joining. 1199 is insane. Cheaper to buy a bunch of orange t-shirts from zudio.” Another user commented, “Even sc says that if carry bag contains brand logo then it cannot be charged. And look at @Swiggy here” #Startuppedia #swiggy #foodtech

"Green Uniforms Plan Zomato: Deepinder Goyal's Surprise Struggle" 1: Verbal psychology is different from action (reality). Deepinder Goyal recently shared that he had proposed the idea of green delivery uniforms for vegetarian delivery, hoping to promote eco-friendly practices. However, the idea didn't gain traction and faced opposition from both employees and the community. Goyal expressed surprise at the negative reaction, highlighting the disparity between verbal responses and actual actions. This phenomenon is not uncommon in human behavior. 2: First of all what Deepinder said is true, concept launched on the base of survey, let me explain you through an example. To illustrate this, consider a scenario: During your morning walk, someone compliments your dog, expressing a desire to adopt one themselves. However, when offered the opportunity, they decline, citing various reasons such as being alone or planning to get a dog later. These examples shed light on the complexities of human behavior and the nuances between expressed intentions and actual actions. Note: An event was treated as a study to learn, it was not paid for, here is how human psychology is connected to business. Political and religious comments will not be considered on this post. If one wants to comment yes from a business perspective it should only be beneficial to the other, thanks. Deepinder Goyal #handicraft #business #B2b #homedecor #globalbusiness #owner #ceo #brand #buyer #buyinghouses #sourcingagent #europe #uae #uk #linkedIn #casestudy

"Zomato pilots new service for last-mile deliveries across corporate parks.   In Gurugram, Zomato has set up a micro hub at an office premise where the delivery partner can deliver the food. Then, a "walker” picks up and hands it over to a customer."   I simply love this concept of Last-Mile-Delivery (LMD) . Everyone wins here : -   1. The Delivery Pilot doesn't burn needless fuel, waste time and multiple calls to "find" a building/ office is negated - Sustainability is smiling for sure. Service Quality Index soars. Perhaps the parcel is left with the Reception followed by a non-intrusive message on one's phone.   2. The "Walker" knows her/his way around - familiarity with surroundings means quicker the parcel gets into the customer's hands. Think of females, third-gender, PwD 'Walkers" - playing out in such environments. Diversity Index is smiling back !! Viva !!   3. This concept can become a lighthouse for other LMD centric delivery partners - am sure of that.   What are your thoughts ? I keenly await them ... #lastmiledelivery #sustainability #diversity #customercentrism

Food delivery platform #Zomato is not venturing into any new space and will continue to focus on its four existing businesses, the firm clarified amid reports of founder Deepinder Goyal registering a new #health and #wellness firm ‘Continue’. Click on the link below to know more... Zomato I Deepinder Goyal #fooddelivery #DeepinderGoyal #Continue #ecommerce #retailindustry #retailgrowth #retailing #businessgrowth #Indianretailmarket #retailresults #retailindia #retailupdates #retailsectornews #businessnews  #retailbusiness #ir #IndiaRetailing

𝐙𝐨𝐦𝐚𝐭𝐨 𝐢𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐞𝐬 "𝐳𝐞𝐫𝐨 𝐧𝐨𝐭𝐢𝐜𝐞-𝐩𝐞𝐫𝐢𝐨𝐝" 𝐩𝐨𝐥𝐢𝐜𝐲 In a world obsessed with outdated work norms, Zomato just dropped a bombshell! 1) Flexibility over rigidity. 2) Respect for employees’ time. 3) Prioritizing mental health. 4) Leading with empathy. 5) Embracing innovation. → Companies that impose long notice periods often overlook employee welfare. → Forward-thinking companies like Zomato value their people and prioritize flexibility. It's not as simple as it sounds. But the benefits to employee morale and company culture are worth it. Share this post to raise awareness and encourage more companies to adopt progressive policies. #Zomato #WorkLifeBalance #Innovation #FutureOfWork #india

NICHE STATS Niche Idea : Launch a state of the art cloud kitchen that makes food for customers Niche Industry : Hospitality Niche Sub - Industry : Food & Beverages Niche Sector : Restaurant Niche Sub -Sector : Cloud Kitchen Niche Verticals : Commissary/Shared Kitchen, Independent Cloud Kitchen and Dependent Cloud Kitchen, Kitchen Pods Niche Nature : Franchised, Standalone Niche End-users: Food brands, Consumers Niche Features : Tech platform, Channel management system, Backend for food brand operations, Consumer ordering engine, Commercial kitchen Niche Aim : Democratize the access to good food in a sustainable manner Niche Goal : Offer chemical free, ISO certified kitchens and hygienic food to customers Niche Vision : To create the best food product out there Niche Mission : To create compelling consumer insights that create step jumps for brands Niche Focus : Build an ecosystem of food lovers, suppliers, consumers and partners Niche Objective : To bring everything from raw material sourcing to targeted customer acquisition into one pipeline Niche Purpose : Making healthier food that is crafted with care and thought, powered by unique categories that make eating healthy a happy experience The Problem : Hygiene, working conditions, contaminated foods are some of the challenges affecting cloud kitchens brands as the kitchen authorities conduct no regular checks Niche Solution : Develop a deep tech platform that visualizes everything needed to make healthy food in one pipeline Niche size :  US$277.85 Billion Total number of startups (Globally) - Seed & Stealth Stage - 89,480 Ventures Early stage - 86,253 Startups Growth stage Startups - 29,759 Startups Top Companies :  9,824 Firms Total funding raised : USD$4.2 Billion in 2024 Niche Demand  : 15.74% Niche Driver : The increasing global population, growing disposable income, the desire for convenience, and the widespread adoption of digital technologies Niche strength - 20% Velocity to Scale : 2.5X² Survival matrix: 10% Investors Appetite : Moderate Niche Status : Trending Competition Rating : Very Intense Market Launch : Asia Pacific, Africa, North America, Oceania, Europe, The Middle East, South America Amount raised Today - 15 startups raised USD$980 million in funding Funding Purpose : For Marketing and expansion into new regions #Niche #Statistics #cloud #kitchen #platform #vc #startups #funding

𝐓𝐡𝐞 𝐎𝐧-𝐃𝐞𝐦𝐚𝐧𝐝 𝐆𝐫𝐨𝐜𝐞𝐫𝐲 𝐑𝐮𝐬𝐡: 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐀𝐢𝐬𝐥𝐞𝐬 𝐨𝐟 𝐂𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 🛒💨 Beijing's 🇨🇳 on-demand #grocery 🛒 scene is a microcosm of a #global trend, where tech giants like #Meituan, #JD.com, and #DingdongMaicai are locked in a fierce battle for dominance. These companies deploy diverse strategies, from leveraging existing service #ecosystems to rapid e-commerce adaptations and even emphasizing private label products. It's a fascinating display of #innovation, but it raises important questions about this #business model's #sustainability and broader implications. 🤔 Here in #Singapore 🇸🇬, we're experiencing this on-demand grocery and food rush firsthand, with platforms like #GrabMart and #Foodpanda becoming integral to our daily lives. 𝐴𝑛𝑑 𝑦𝑒𝑠, 𝐼'𝑙𝑙 𝑎𝑑𝑚𝑖𝑡, 𝐼'𝑚 𝑜𝑛𝑒 𝑜𝑓 𝑡ℎ𝑒 𝑚𝑎𝑛𝑦 𝑐𝑢𝑙𝑝𝑟𝑖𝑡𝑠 𝑤ℎ𝑜 ℎ𝑎𝑣𝑒 𝑒𝑚𝑏𝑟𝑎𝑐𝑒𝑑 𝑡ℎ𝑒 𝑐𝑜𝑛𝑣𝑒𝑛𝑖𝑒𝑛𝑐𝑒 𝑜𝑓 ℎ𝑎𝑣𝑖𝑛𝑔 𝑓𝑜𝑜𝑑 𝑑𝑒𝑙𝑖𝑣𝑒𝑟𝑒𝑑 𝑡𝑜 𝑚𝑦 𝑑𝑜𝑜𝑟𝑠𝑡𝑒𝑝. 🙋🏻♂️ The constant stream of delivery vehicles clogging our roads and contributing to carbon emissions is a stark reminder of the #environmental cost of our insatiable appetite for instant gratification. 🚗💨 While doorstep delivery of fresh produce might seem like a dream come true, it could fuel impulse buying and exacerbate our #foodwaste problem. 😫 The intense competition among these companies also raises red flags 🚩. The article highlights how these companies offer aggressive promotions and discounts to capture market share. While this might seem beneficial for consumers 🛍️ in the short run, it raises serious questions about the long-term sustainability of this model. Can these companies achieve profitability without relying on these unsustainable practices? 🧐 The on-demand grocery 🛒 delivery model is undoubtedly a game-changer, offering unparalleled convenience and transforming our #shopping habits. However, it's crucial to acknowledge the potential pitfalls and ensure that this model doesn't come at the expense of our #environment and #society. 🌍 As #investors, we need to be discerning and consider the long-term viability of these companies. Are they prioritising sustainable practices and fair #labour conditions? Are they #investing in innovative solutions to minimise their environmental footprint? 🌱 These are crucial questions before jumping on the on-demand grocery 🛒 bandwagon. Let's not get swept away by the convenience wave without considering the ripple effects it could have on our planet 🌏 and our future🔮. It's time to have a serious conversation 🗣️ about making this on-demand model truly sustainable and equitable for all. Check out this insightful article (in Chinese, though) for a deeper dive into the intricacies of this battleground in #Beijing, which offers a valuable glimpse into this rapidly evolving landscape. #OnDemandGrocery #Sustainability #ESGInvesting #GroceryWars

Deepinder Goyal, the CEO of Zomato recently took to the streets as a delivery executive. This surprising move has left many wondering about his motivation and the implications of such an action. While it might seem like a PR stunt at first glance, there are deeper reasons behind Goyal’s decision to step into the shoes of a delivery agent. 1. #Understanding the On-Ground Reality One of the primary reasons for Goyal’s decision was to gain firsthand insight into the daily challenges faced by delivery workers. As the CEO of a major food delivery platform, Goyal recognized the importance of truly understanding the issues his delivery partners face. By experiencing their struggles, such as the difficulties in accessing certain locations and dealing with unexpected obstacles, he aimed to see beyond statistics and reports. 2. #Emphasizing Empathy in the Gig Economy In the gig economy, where delivery workers often face harsh conditions, empathy from leadership can be transformative. During his experience, Goyal encountered restricted access at Ambience Mall in Gurugram, which forced him to use the service stairs. This sparked a call from him for more humane treatment of delivery workers and better facilities in public spaces. His experience reflects a broader issue within the gig economy: the need for businesses and society to treat gig workers with the respect and support they deserve. 3. #Leading by Example By taking on this role himself, Goyal set an example of proactive leadership. It is one thing for CEOs to talk about valuing their employees, but it is another to actively participate in their day-to-day activities. Goyal’s actions demonstrate a commitment to understanding the business from all perspectives and show other leaders the importance of bridging the gap between corporate offices and on-ground realities. 4. #Spurring Change and Promoting Better Working Conditions Following Goyal’s experience, Ambience Mall quickly implemented changes, such as setting up a dedicated pickup point for delivery agents. This rapid response indicates that direct action by corporate leaders can drive change faster than policy updates or formal meetings. Goyal’s experience highlights that, sometimes, simple and practical solutions can significantly improve working conditions. 5. #The Bigger Picture Beyond immediate changes, Goyal’s actions have ignited discussions about how society perceives and treats gig economy workers. His message resonates beyond Zomato, calling for more empathy across all sectors where gig workers are employed. As businesses increasingly rely on these flexible workforces, there is a growing need to ensure fair treatment and better working conditions, and Goyal’s recent experience could be a catalyst for broader change in India’s gig economy. Through this hands-on experience, Goyal has highlighted the importance of empathy, active leadership, and systemic change. This article has been sourced from articles from Hindustan Times and web!

𝗚𝗹𝗼𝗯𝗮𝗹 𝐇𝐲𝐩𝐞𝐫𝐥𝐨𝐜𝐚𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 (𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐) The global hyperlocal services market size reached US$ 2.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.0 Billion by 2032, exhibiting a growth rate (CAGR) of 11.07% during 2024-2032. 𝐆𝐫𝐚𝐛 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://lnkd.in/eQdpuUmN 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬: ● 𝐃𝐞𝐧𝐬𝐞 𝐔𝐫𝐛𝐚𝐧 𝐏𝐨𝐩𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬: Growing cities with high population density create a larger customer base for hyperlocal services, driving market demand. ● 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬 & 𝐂𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐜𝐞: Collaboration between hyperlocal providers and established businesses expands service options and makes life easier for urban consumers. ● 𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐖𝐨𝐫𝐤 & 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲: Hyperlocal platforms empower individuals with independent work opportunities and cater to the growing demand for sustainable services, further propelling market growth. 𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐒𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐇𝐲𝐩𝐞𝐫𝐥𝐨𝐜𝐚𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲: Airtasker Pty. Ltd Blink Commerce Private Limited Delivery Hero HelloFresh SE Instacart Just Eat Takeaway.com N.V. Olo Swiggy Uber Technologies Inc. UrbanClap Technologies India Pvt. Ltd. Zomato 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://lnkd.in/eXv_8tHM #hyperlocalservicesmarket #marketresearch #business #marketanalysis #markettrends #researchreport #marketreport #marketforecast #marketgrowth #imarcgroup #businessgrowth #investmentopportunity #industryanalysis

🍽️ Zomato Explores Last-Mile Deliveries Inside Corporate Parks. 🚀 Pilot Initiative: Zomato is venturing into last-mile delivery services tailored for office goers within corporate parks. The foodtech giant is currently trialing this initiative at "five to six" locations in Gurugram, setting up kiosks within corporate premises to facilitate efficient delivery. 🏢 Corporate Collaboration: Through partnerships with corporate parks, Zomato has established kiosks where delivery executives hand over food parcels to stationed teams. Dedicated "walkers" then ensure seamless delivery to customers within the office premises, aiming to streamline the entire process. 🔍 Experimental Phase: Described as an experimental endeavor, Zomato plans to gauge the success of this pilot in Gurugram before potentially expanding it to the top five cities in India. Initial responses indicate promising order volumes, with expectations of further growth in the near future. 🌐 Following Global Models: Zomato's initiative draws inspiration from models observed in countries like China, where efficient delivery services within corporate zones are commonplace. This move aligns with the company's ongoing efforts to diversify revenue streams and enhance customer experience. 📈 Strategic Expansion: Amid its exploration of new offerings, such as platform fees and collaborations with entities like IRCTC for railway meal deliveries, Zomato remains focused on strategic expansion. Its recent foray into quick commerce with Blinkit underscores its commitment to innovation and growth. 💼 Financial Fortitude: Zomato's proactive initiatives coincide with robust financial performance, marked by consecutive profitable quarters and impressive revenue growth. Investors continue to show confidence in the company's trajectory, positioning it favorably in the market. 📈 Market Response: Reflecting investor optimism, Zomato's stock closed 1.21% higher on the BSE, signaling positive market sentiment towards its strategic initiatives and financial outlook. 🌟 As Zomato pioneers tailored last-mile delivery solutions for office environments, its ongoing experimentation underscores a commitment to innovation and customer-centricity in the evolving foodtech landscape. #Zomato #FoodTech #LastMileDelivery #CorporateParks #Innovation #MarketExpansion #BusinessGrowth #IndustryInsights #MicroShots #NewsUpdates