Indian food delivery giant Swiggy raises $700 million, while Latin American grocery delivery startup Calii brings in $23 million. Plus, PYMNTS research reveals that grocers’ price increases could send shoppers running right into the arms of competitors.

El gigante indio de entrega de alimentos Swiggy recauda $ 700 millones con una valoración de $ 10.7B

Indian food delivery giant Swiggy raised $700 million and doubled its valuation to $10.7 billion. Backed by Softbank, Swiggy is just behind Zomato in the booming sector of fast delivery of food and groceries in India. Swiggy previously raised $1.25 billion in July, which gave it a valuation of $5.5 billion. Zomato went public in a $1.3 billion initial public offering (IPO) earlier this month.

Latam Grocery Delivery Platform Calii Raises $22.5M Series A

Grocery delivery startup Calii raised $22.5 million in a Series A funding round, bringing its fundraising to date to almost $35 million, as it strives to grow its position in the Latin American food delivery sector.

Los aumentos de precios amenazan la lealtad de los compradores de comestibles, según muestran los datos

As inflation drives food prices up, grocers that shift the cost too quickly to consumers risk losing their most loosely held customers to competitors, revealed data from PYMNTS’ study “Decoding Customer Affinity: The Customer Loyalty to Merchants Survey 2022.”

Gorillas to Snap up Frichti for Bigger Slice of Food Delivery Pie

German rapid grocery startup Gorillas is working on a deal to acquire the French delivery firm Frichti for undisclosed terms. The combined entity would grow its footprint in the competitive food delivery space and give it the second-largest market share, 17.1%, for same-day grocery delivery in Paris, just ahead of Carrefour SA and behind leader Casino Guichard-Perrachon, according to Nielsen data.

Snack Giant Utz Acquires Clem, J&D

Snack maker Utz announced it will acquire two of its New York City-based distributors. The Pennsylvania chip and pretzel maker said it had signed an agreement to acquire the assets of Clem Snacks based in Brooklyn and servicing around 100 stores in the city and Long Island, and J&D Snacks, a 25-route distributor based in the Bronx. The two companies are what’s known as direct store delivery (DSD) distributors of Utz’s products.

Alcalde de Nueva York, Adams: Las aplicaciones de entrega de alimentos de terceros ahora deben tener licencia

A partir del lunes (24 de enero), las aplicaciones de entrega de alimentos de terceros deberán obtener una licencia para operar en la ciudad de Nueva York, dijeron el alcalde Eric Adams y el comisionado del Departamento de Protección al Consumidor y al Trabajador (DCWP, por sus siglas en inglés), Peter A. Hatch, en un comunicado de prensa.

Los tenderos deben conectar los puntos digitales o arriesgarse a perder clientes frente a los competidores

"Vemos el impacto de no estar digitalizados y conectados: vemos el impacto en la lealtad de sus clientes... [y] en la experiencia y satisfacción general del cliente", Guy Bloch, director ejecutivo de la plataforma en la nube de entrega y cumplimiento Bringg.