In-depth pieces from our analyst team — the operations, market shifts, technology bets, and people decisions shaping food service.

Quick commerce platform Zepto reportedly plans to float its ₹11,000 Cr ($1.1 Bn) initial public offering (IPO) within the next two months. Sources told news agency PTI that the unicorn is eyeing a listing on the bourses before July 31.

Shareholders have shot down foodtech major Swiggy’s bid to become an Indian-owned and controlled company (IOCC). The foodtech giant failed to secure the necessary votes to amend its articles of association (AoAs) and rejig its board nomination framework.

Shortly after shipping out its first 100 introductory products, Deepinder Goyal’s new wearable venture Temple is said to have roped in Zetwerk and Ethereal Machines as contract manufacturers to scale production.

What began as a draft notification published in the Haryana Government Gazette in December last year has now become a law.

There aren’t any visible signs the QSR beverage space is cooling. Rather, it’s become a race to grab sites, adjust menus, and leverage what’s become one of the more-attractive margin and demographic opportunities in recent memory, especially as inflation narrows restaurant usage.

Coworking space provider DevX (Dev Accelerator)’s net profit for the quarter ended March 2025 (Q4 FY26) stood at ₹8 Cr, nearly 4X of ₹2.11 Cr PAT registered in the year-ago period. The company managed to get back into the black after incurring a loss of ₹1 Cr in Q3.

Stock broking firm Groww’s promoters have offloaded shares worth around ₹270 Cr over the past one week, according to disclosures filed with the exchanges.

Aks Sethi remembers the moment that changed the trajectory of his business. In 2014, the entrepreneur—then four years into running Thai Chili, a sit-down restaurant in Gilbert, Arizona—walked into a Chipotle and saw the future.

On April 10, the Prime Minister was spotted wearing a wristwatch adorned with a tiger motif that immediately drew the attention of watch enthusiasts in India — not for its price tag or a global luxury label, but for its origin.

Over the years, the typical QSR customer has changed. One of the biggest changes is that 30–40 percent of dine-in customers have moved toward the drive-thru. This shift originally driven by COVID caused the customers to visit their favorite restaurants a different way.

As India’s consumer internet story matures beyond the first wave of ecommerce adoption, the next decade of D2C growth will be shaped by brands that can build strong recall, crack omnichannel distribution, and create products tailored to the country’s evolving consumption habits.

When AI Learns to Break Things Anthropic’s Mythos — an AI system capable of autonomously finding and exploiting software vulnerabilities — has sent shockwaves through India’s financial establishment.

New-age tech stocks saw a bearish week as investors turned selective amid the ongoing Q4 earnings session. Forty six out of the 57 new-age tech stocks under Inc42’s coverage fell in a range of 0.2% to over 22% this week.

Indian startup funding momentum witnessed a sharp uptick this week on the back of Rapido’s mega funding round this week. Fifteen startups managed to raise $303 Mn between May 11 to May 15, marking a 129% increase from $132.2 Mn raised across 18 deals last week.

Restaurant operators, listen up: The nature of dining out is changing, according to David Grutman, who is credited with single-handedly transforming the global nightlife and hospitality scene.

Last year’s Emerging Experiences Report—the third iteration in partnership with Intouch Insight—took us across the QSR landscape to visit next-generation designs. Were these elevated, tech-enabled builds satisfying their premise? Had AI infiltrated the guest experience?

Joshua Liggins has a lot of observations from his opening months at Dave’s Hot Chicken. One being, if you stripped the buzz and just paid attention to how it operated, you’d think this was a brand clawing for survival.