BENGALURU: India’s food-tech industry has been going downhill largely because of weak business models and shoddy execution in catering to hungry customers. At least one company, though, has been able to swim against the tide with foresight, grit and tremendous business smarts. And for that, Swiggy was the jury's unanimous choice as the winner of the most coveted category at the ET Startup Awards 2017 - Startup of the Year.“It’s been an absolute privilege. Having come this far, we feel really blessed to have found a very purposeful mission to wake up to every single day and believe we're just really getting started. It has been able to trim delivery costs by 35% by charging a minimum fee and additional charges during inclement weather.

Source: Economic Times August 18, 2017 15:56 UTC