Drizly Group, North America’s largest e-commerce alcohol marketplace, announced that it has closed a $50 million Series C funding round, led by Avenir, a New York-based investment firm, with participation by Tiger Global and other existing investors. As consumers shift to online shopping for alcohol, Drizly expects 20 percent of off-premise alcohol purchases to be…
After food delivery companies Swiggy and Zomato secured state permissions to deliver alcohol at customer doorstep, Online retail giant Amazon is reportedly eyeing to enter the services. According to a Reuters report, Amazon India has secured clearance from the West Bengal government to deliver alcohol in the state. In a notice, West Bengal State Beverages…
The Indian food delivery market has been in a soup due to the government imposed lockdowns in an attempt to contain the spreading of coronavirus. Online delivery companies like Zomato and Swiggy forayed into grocery and essential items delivery to keep business running amid losses due to the lockdowns. The central government allowed the sale…
Online food delivery companies like Zomato and Swiggy have started home delivering alcohol in Jharkhand’s capital city, Ranchi. As of now, the service is only limited to one city, however, both the companies have said that the service will soon be available in other cities of the state. The companies are also in talks with…
Food delivery unicorn Zomato is reportedly aiming to start delivering alcohol to consumers as the company seeks to encash on the high-demand for liquor in India amid lockdown. According to a document seen by Reuters, Zomato is trying to lobby for a change in alcohol rules in India along with International Spirits and Wines Association…