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<ul><li><keyword id="5862596" type="General" weightage="100" keywordseo="ondc" source="Orion">ONDC</keyword> does not actually offer cheaper food on its platforms, claim analysts. Lower prices are on account of ONDC-funded discounts. </li><li>Discounts will have to be withdrawn at some point by <keyword id="5862596" type="General" weightage="100" keywordseo="ondc" source="Orion">ONDC</keyword>, which will bring it on par with <keyword id="830092" type="General" weightage="80" keywordseo="zomato" source="Orion">Zomato</keyword> and <keyword id="6358977" type="General" weightage="80" keywordseo="swiggy" source="Orion">Swiggy</keyword> in terms of cost. </li><li>In the food delivery business, scale matters as delivery costs are linked to the number of orders per rider each day. Over the long-term, ONDC could be a threat but not in the near-term.</li></ul>Food delivery app <keyword id="830092" type="General" weightage="80" keywordseo="zomato" source="Orion">Zomato</keyword>’s stock price has been languishing between ₹52 and ₹64 for the last one year as its losses continued to widen in FY23. The latest threat to the food delivery company stems from the rise of ONDC (Open Network for Digital Commerce), often touted as the slayer of e-commerce players in India. Soon after launching food delivery on its network, ONDC is now seeing 25,000 orders a day. What makes this worrying is not just order volumes but the pricing. Data seems to suggest that ordering food on ONDC is cheaper than what it is from Zomato and <keyword id="6358977" type="General" weightage="80" keywordseo="swiggy" source="Orion">Swiggy</keyword>, market leaders in the food delivery space. The obvious question to ask is: Will ONDC’s food delivery service kill these existing players? <keyword id="39409" type="General" weightage="50" keywordseo="kotak" source="Orion">Kotak</keyword> Institutional Equities seems to believe it’s not an immediate threat to Zomato or its unlisted rival Swiggy. Currently, ONDC is offering discounts on its platform as it has just launched. According to analysis done by <keyword id="39409" type="General" weightage="50" keywordseo="kotak" source="Orion">Kotak</keyword>’s analysts, the lower prices are largely on account of ONDC-funded discounts, which may not sustain. Further, the variable cost of running the food delivery business is lower on a scaled-up platform such as Zomato versus a smaller player. Analysts are working on the assumption that at some point the discounts will be withdrawn at some point, thereby creating a level playing field between the players. After the initial discounts are withdrawn, ONDC will have to contend with higher costs unless it chooses not to invest in customer support, which may impact customer retention. Currently, analysts only see a limited impact on Zomato in the near term. According to Kotak, the long-term impact is, for now, tough to call. ONDC is born out of the need for an inclusive online commerce marketplace for sellers, which prevents platforms like Zomato, Swiggy, Amazon and Flipkart from becoming monopolies in their respective segments. Soon after launching delivery of food, groceries and retail, it is clocking daily orders of over 25,000. The prices currently being offered are less than what consumers are paying on other platforms. According to analysts, the lower prices are primarily due to ONDC-funded discounts. If one looks at the numbers on delivery partners, then Zomato had at the end of December 2022, 330,000 active delivery riders, which is more than third party logistics aggregators. Zomato’s delivery cost in FY23 stood at ₹75 per order. The cost of delivery depends on the number of orders delivered, which means that higher the number of orders the better are economies of scale. Experts like <keyword id="45446" type="General" weightage="50" keywordseo="samir-arora" source="Orion">Samir Arora</keyword> too believe that ONDC is not a threat to Zomato and Swiggy at this moment thanks to the understanding of the customer, scale and customer stickiness. Over time, ONDC will have to invest in customer support going forward if it seeks to compete with them on the same plane. While Zomato has been bringing down its delivery costs steadily, it will have to spend more towards restaurant appeasement and customer experience. It will also have to arrive at some agreement with restaurant partners on how it shares customer data. The two food-tech players have been at loggerheads with their respective restaurant partners. The National Restaurant Association has been fighting against some of the practices adopted by these two unicorns without much avail.

ONDC not an immediate risk for Zomato and Swiggy as lower prices are due to discounts

<ul><li><keyword id="6358977" type="General" weightage="100" keywordseo="swiggy" source="Orion">Swiggy</keyword> on Monday announced its new <keyword id="12584073" type="General" weightage="20" keywordseo="swiggy-one-subscription" source="Orion">Swiggy One subscription</keyword> service.</li><li>The subscription offers unlimited free deliveries and discounts to users.</li><li>The plan is priced at ₹299 for 3 months and ₹899 for 12 months.</li></ul>Food delivery app Swiggy announced on Monday its new subscription plan, dubbed as <keyword id="12582902" type="General" weightage="80" keywordseo="swiggy-one" source="Orion">Swiggy One</keyword>. The service offers more benefits when compared to the company’s existing Swiggy Super subscription service and will offer free unlimited deliveries and discounts across various Swiggy services. Here’s everything you need to know about the Swiggy One subscription service. <cmsannotation type="cmsannotation" annotationid="Swiggy One – eligible cities" comment="subhead" text="Swiggy One – eligible cities">Swiggy One – eligible cities</cmsannotation> Swiggy One is currently available only in four cities – Lucknow, Pune, Trivandrum and Vijayawada. It will be expanded to over 500 cities in the next two weeks. <cmsannotation type="cmsannotation" annotationid="Swiggy One – subscription price" comment="subhead" text="Swiggy One – subscription price">Swiggy One – subscription price</cmsannotation> Swiggy One will be available with an introductory price of ₹299 for 3 months and at ₹899 for 12 months, which translates to ₹75 per month. Currently Swiggy offers two plans – Bite and Binge. While the Bite plan is priced at ₹129 per month, the Binge plan is priced at ₹199 per month. The two plans will be replaced by Swiggy One and all members will be upgraded to the new plan for the remainder of their membership. Apart from this, existing Swiggy Super members will also get a one-month extension on their membership. <cmsannotation type="cmsannotation" annotationid="Swiggy One membership benefit" comment="subhead" text="Swiggy One membership benefit">Swiggy One membership benefit</cmsannotation> The Swiggy One membership offers unlimited free deliveries from all restaurants along with free Instamart grocery deliveries, something that was missing from Swiggy’s Bite and Binge subscription plans. Instamart orders only above ₹99 will be eligible for free delivery. In addition to this, users can also avail an additional discount of up to 30% on food orders. Users will also be able to avail offers and discounts on Swiggy Genie orders, which allows you to send parcels and get other products from local stores. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/rebel-foods-which-runs-behrouz-biryani-ovenstory-pizza-and-faasos-is-now-worth-over-a-billion-dollars/articleshow/86839518.cms">Rebel Foods — which runs Behrouz Biryani, Ovenstory Pizza, and Faasos — is now worth over a billion dollars</a> <a href="https://www.businessinsider.in/stock-market/news/paytm-has-lost-8-billion-in-valuation-in-two-days-of-listing/articleshow/87840891.cms">Paytm is inching closer to Macquarie's target of ₹1200</a> <a href="https://www.businessinsider.in/advertising/brands/news/theres-a-new-jingle-in-town-as-swiggy-uses-the-power-of-music-to-connect-with-its-audience-and-establish-itself-as-a-last-minute-genie-coming-to-your-rescue/articleshow/87327251.cms">There’s a new jingle in town as Swiggy uses the power of music to connect with its audience and establish itself as a last-minute Genie coming to your rescue</a>

Swiggy One – membership price, benefits and everything you need to know

<ul><li>OnePlus has launched the <keyword id="21350256" type="General" weightage="20" keywordseo="OnePlus-Pad-2" source="keywords">OnePlus Pad 2</keyword>, Watch 2R and the <keyword id="22435605" type="General" weightage="20" keywordseo="Nord-Buds-3-Pro" source="keywords">Nord Buds 3 Pro</keyword>.</li><li>The devices were launched alongside the <keyword id="21477413" type="General" weightage="20" keywordseo="OnePlus-Nord-4" source="keywords">OnePlus Nord 4</keyword> smartphone.</li><li>Here’s everything you need to know about the latest devices launched by OnePlus.</li></ul> OnePlus on Tuesday hosted the <keyword id="22287704" type="General" weightage="20" keywordseo="OnePlus-Summer-Launch-Event" source="keywords">OnePlus Summer Launch Event</keyword>, where it launched the OnePlus Pad 2, the Watch 2R and the Nord Buds 3 Pro. The Chinese smartphone maker also launched the <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-nord-4-with-metal-back-snapdragon-7-gen-3-launched-in-india-starting-at-32999/articleshow/111787031.cms">Nord 4</a> mid-range smartphone at the event. The OnePlus Pad 2 is the successor of the<a href="https://www.businessinsider.in/tech/gadgets/news/oneplus-pad-review-feature-packed-tablet-with-a-sleek-design/articleshow/99848436.cms"> OnePlus Pad</a> that was launched in 2023 and comes with several improvements over its predecessor. The <keyword id="22287706" type="General" weightage="20" keywordseo="OnePlus-Watch-2R" source="keywords">OnePlus Watch 2R</keyword> and the Nord Buds 3 Pro also offer improvements over their predecessors. <div type="Article" hostid="261" msid="111787031" title="OnePlus Nord 4 with metal back, Snapdragon 7+ Gen 3 launched in India starting at ₹29,999" mstype="2" mssubtype="0"></div> Here’s everything you need to know about the latest devices launched by OnePlus. <h2>OnePlus Pad 2 price and availability</h2>The OnePlus Pad is priced at ₹39,999 for the 8GB RAM + 128GB internal storage variant and ₹42,999 for the 12GB RAM + 256GB internal storage variant. The OnePlus Pad 2 comes in a Nimbus Gray colour option and will go on sale starting from August 1. The <keyword id="22435606" type="General" weightage="20" keywordseo="OnePlus-Smart-Keyboard" source="keywords">OnePlus Smart Keyboard</keyword> is priced at ₹8,499 and the Stylo 2 is available for ₹5,499. <h2>OnePlus Pad 2 specifications</h2>The OnePlus Pad runs on Android 14 out of the box with the company’s OxygenOS 14 on top. It features a 12.1-inch 3K LCD display with a 7:5 aspect ratio and a 144Hz refresh rate. It comes with Dolby Vision support and offers up to 900 nits brightness. <div type="image" title="Pad 2" msid="111787977" hostid="261" sizebytes="94854" caption="&amp;lt;p&amp;gt;OnePlus Pad 2&amp;lt;/p&amp;gt;"></div> The OnePlus Pad 2 is equipped with the flagship Qualcomm Snapdragon 8 Gen 3 chipset. In terms of memory, the device comes in two variants – 8GB RAM with 128GB of internal storage and 12GB RAM with 256GB of internal storage variant. Coming to the camera department, the device features a 13MP primary camera and an 8MP selfie camera. The tablet is powered by a 9,510mAh battery with 67W fast charging support. The OnePlus tablet comes with accessories such as the OnePlus Smart Keyboard and the <keyword id="22435607" type="General" weightage="20" keywordseo="OnePlus-Stylo-2" source="keywords">OnePlus Stylo 2</keyword>, which are sold separately. <h2><keyword id="22435608" type="General" weightage="100" keywordseo="OnePlus-Watch-2R-price" source="keywords">OnePlus Watch 2R price</keyword> and availability</h2>The OnePlus Watch 2R is priced at ₹17,999 and comes in two colour options – Forest Green and Gunmetal Gray. The smartwatch will go on sale starting from July 20. <h2>OnePlus Watch 2R specifications and features</h2>The OnePlus 2R runs on WearOS 4, allowing you to install applications from the Play Store. The smartwatch features a 1.43-inch circular AMOLED display with 2.5D sapphire crystal glass and up to 1,000 nits brightness support. <div type="image" title="wat 2" msid="111787997" hostid="261" sizebytes="47934" caption="&amp;lt;p&amp;gt;OnePlus Watch 2R&amp;lt;/p&amp;gt;"></div> The Watch 2R comes with an aluminium chassis and features a silicone strap. The OnePlus Watch 2R features a dual-engine architecture. It features the Qualcomm Snapdragon W5 performance chipset that runs WearOS and the BES2700 efficiency chipset that runs RTOS. It features 2GB RAM and 32GB of internal storage. The smartwatch comes with sensors such as Acceleration sensor, Gyroscope sensor, Optical heart rate sensor, Ratio Optical pulse oximeter sensor, Barometer and more. The smartwatch features a 500mAh battery that is claimed to offer up to 48 hours of regular usage, and up to 100 hours of usage in the smart mode. It comes with 7.5W charging support, which allows you to fully charge the device in 60 minutes. <h2>OnePlus Nord Buds 3 Pro price and availability</h2>The OnePlus Nord Buds 3 Pro are priced at ₹3,299 and available in two colour options – Soft Jade and Starry Black. The TWS will be available from July 20. <h2>OnePlus Nord Buds 3 Pro specifications and features</h2>OnePlus has also launched new true wireless earbuds at the event. The Nord Buds 3 Pro offers a hybrid-noise cancellation system along with AI-based noise cancellation technology. <div type="image" title="Buds" msid="111788008" hostid="261" sizebytes="34124" caption="&amp;lt;p&amp;gt;OnePlus Nord Buds 3 Pro&amp;lt;/p&amp;gt;"></div> It features a triple stereo microphone system, which includes two analog and one digital microphone on each earbud. The Nord Buds 3 Pro is equipped with a 12.4mm driver with a Titanised Diaphragm that is claimed to deliver powerful bass. The OnePlus Nord Buds 3 Pro features a 58mAh battery in the earbuds that offers up to 12 hours of battery life. The case is equipped with a 440mAh batter that offers an additional battery life of 32 hours. The earbuds come with fast charge support, allowing you to charge the device for 10 minutes to get a battery life of 11 hours. It comes with an IP55 rating for water and dust resistance. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-nord-4-with-metal-back-snapdragon-7-gen-3-launched-in-india-starting-at-32999/articleshow/111787031.cms">OnePlus Nord 4 with metal back, Snapdragon 7+ Gen 3 launched in India starting at ₹29,999</a> <a href="https://www.businessinsider.in/budget/news/budget-2024-expectations-fame-scheme-aid-for-vehicle-scrapping-and-other-expectations-of-the-auto-industry/articleshow/111783199.cms">Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry</a> <a href="https://www.businessinsider.in/business/news/zomato-and-swiggy-increase-platform-fee-by-20-food-deliveries-to-get-costlier/articleshow/111758782.cms">Zomato and Swiggy increase platform fee by 20% – food deliveries to get costlier</a>

OnePlus Pad 2, Watch 2R and Nord Buds 3 Pro launched in India

<ul><li><keyword id="6358977" type="General" weightage="100" keywordseo="swiggy" source="Orion">Swiggy</keyword> wants to you spend more time with your four legged companions and leave your errands on them.</li><li>Conceptualised and produced by <keyword id="3101007" type="General" weightage="20" keywordseo="lowe-lintas-bangalore" source="Orion">Lowe Lintas Bangalore</keyword>, the campaign aims to promote Swiggy's membership service.</li></ul> Swiggy has launched a multi-film digital campaign showcasing its new membership program – <keyword id="12582902" type="General" weightage="80" keywordseo="swiggy-one" source="Orion">Swiggy ONE</keyword>. Conceptualised by <keyword id="274876" type="General" weightage="20" keywordseo="lowe-lintas" source="Orion">Lowe Lintas</keyword> Bangalore, the campaign highlights how members can avail multiple benefits including free deliveries and extra discounts on restaurants, Instamart and Genie orders through the Swiggy ONE membership. The campaign films produced by Lintas C:EX highlight various scenarios in the protagonists’ life through their pets’ point of view showcasing a shift before and after availing the Swiggy ONE membership. One film shows a cat’s point of view and how much ‘me time’ the cat gets at home while her owner runs errands outdoors; the other film shows a dog’s disappointment on how his owner is never home as he’s constantly making grocery store runs to stock up. Both the scenarios end with the protagonists being able to stay home more, thanks to their membership with Swiggy ONE for all their needs. <div type="Youtube" id="4GSXJDWjKnA" title="Swiggy One - One membership, unlimited convenience" thumbUrl="https://i.ytimg.com/vi/4GSXJDWjKnA/mqdefault.jpg"></div> <div type="Youtube" id="GvvqZGDIr_0" title="Swiggy One - One membership, unlimited convenience" thumbUrl="https://i.ytimg.com/vi/GvvqZGDIr_0/mqdefault.jpg"></div> Ashish Lingamneni, Head of Brand, Swiggy said, “While the Swiggy ONE membership programme offers benefits and discounts across Swiggy’s services, it was important to showcase the fact that Swiggy is truly enabling convenience to consumers through its offerings. Through this campaign, the team at Lowe Lintas, have beautifully depicted how Swiggy ONE can bring convenience to the consumer’s doorstep, freeing their time for their loved ones, be it their family or beloved furry pets.” Talking about the campaign, Sagar Kapoor, Chief Creative Officer, Lowe Lintas said: “The idea was to showcase how SWIGGY ONE members get to spend more time with their loved ones. But we didn’t want to show it in a cliché way. The product itself is so different and not like regular membership services. So, it wasn’t about price differentiation or services offered. SWIGGY ONE is everything SWIGGY be it Instamart, restaurants, Genie and anything else that comes from the SWIGGY stable. So, while multiplicity was at the heart of the communication the medium to communicate it was something we experimented on.” With Swiggy now offering services beyond food delivery, the brand has extended benefits to its customers of Instamart and Genie as well through Swiggy ONE. The films are live on digital platforms.

Swiggy's latest campaign showcases how your pets would react to you spending more time with them

Shares of Pricol soared over 10 per cent on Thursday due to healthy business prospects for the company in the medium-term. During the entire session, the shares pared a portion of its intra-day gains and settled nearly 8 per cent high at Rs 129. The company is heavily investing in next-gen technologies to sustain growth besides continuing with its focus on reducing debt to become debt free over the next few quarters. Pricol commenced its operations in 1975 in Coimbatore is a manufacturer of automotive instruments. It provides products and solutions to two wheeler, three wheeler, four wheeler, commercial vehicle, tractors and off-road vehicles. Besides, rating agency ICRA reaffirming the company with a stable outlook also supported its stock. Historically, over the past one-year period, the company accumulated 155 per cent returns for its investors, data showed. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/how-steel-and-metal-industry-get-impacted-by-crude-oil-prices-as-per-analyst/articleshow/88872734.cms">Metals are mirroring the rally in crude oil and the recent output cuts are helping</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/swiggy-will-deliver-stuff-on-tvs-motors-electric-scooters-following-footsteps-of-zomato-amazon-and-flipkart/articleshow/88872404.cms">Swiggy will deliver stuff on TVS Motors’ electric scooters</a>

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ONDC not an immediate risk for Zomato and Swiggy as lower prices are due to discounts

Malini Bhupta

Swiggy One – membership price, benefits and everything you need to know

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OnePlus Pad 2, Watch 2R and Nord Buds 3 Pro launched in India

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Swiggy's latest campaign showcases how your pets would react to you spending more time with them

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This auto component maker's shares more than doubled in last one year

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