Top tech and startup stories to start your day with
Today's ETech Morning Dispatch covers several tech and startup news stories. India's food safety crackdown is forcing restaurants and food delivery platforms to tighten their supply chains and hygiene standards. Large quick-service restaurant chains and fine-dining outlets are asking suppliers to improve quality checks for ingredients like paneer, buns, ketchup, patties, meat and fresh produce.
Food safety officials in Maharashtra are conducting surprise inspections, leading to actions against several major outlets. Zomato, India's largest food delivery platform, warns restaurant partners of strict consequences if they use analogue paneer. UpGrad has completed its acquisition of Unacademy for around $200 million. Ronnie Screwvala, founder of UpGrad, and Gaurav Munjal, founder of Unacademy, announced the deal.
Unacademy's investors will receive UpGrad shares in a 100% share-swap transaction. Byju Raveendran, co-founder of Byju's, has proposed giving up his 5.7% stake in Aakash Educational Services to settle a $235 million arbitration claim brought by Qatar Holding. The shares, held by Beeaar Investco, represent about 5.7% of Aakash.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Top tech and startup stories to start your day with economictimes.indiatimes.com