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Foodtech giant Swiggy to file DRHP this week
With reports suggesting an increase in the size of its initial public offering (IPO), foodtech giant Swiggy is now reportedly set to file its...
Zomato to settle INR 9.85 Cr GST case with West Bengal authorities
Already dealing with numerous GST notices, foodtech giant Zomato has opted to resolve a case with West Bengal GST authorities by paying INR 9.85...
Swiggy rolls out ‘Cafe’ to deliver snacks and beverages within 15 minutes
Following Zepto's lead, IPO-bound food delivery giant Swiggy has introduced 'Cafe,' offering snacks and beverages with a 15-minute delivery window.The service is currently available...
Zomato shares reach all-time high of INR 285.95 amid broader market rally
Shares of foodtech giant Zomato hit a new all-time high of INR 285.95 on the BSE on Thursday (September 12), buoyed by a broader...
Swiggy to increase IPO size, targets INR 5,000 Cr through fresh issue
With investor interest in Indian tech startups' public listings reigniting, food and grocery delivery giant Swiggy is contemplating an increase in the fresh issue...
IPO-bound Swiggy pilots large-order fleet in Delhi-NCR
IPO-bound Swiggy is testing a large-order fleet in the Delhi-NCR region, mirroring Zomato's approach. Sources reveal that the Bengaluru-based startup launched the pilot recently.E͏V...
Swiggy introduces ‘Incognito Mode’ for discreet ordering
Foodtech giant Swiggy has introduced an ‘incognito mode’ feature, allowing users to place orders privately on its food delivery and quick commerce platforms.The new...
Former junior staff at Swiggy embezzled INR 33 Cr; investigation underway
IPO-bound foodtech giant Swiggy disclosed in its annual report for FY 2023-24 that a former junior employee embezzled INR 33 crore over an extended...
IPO-bound Swiggy merges InsanelyGood with Instamart
Swiggy, a prominent player in food and quick commerce, has merged its premium grocery vertical, InsanelyGood, with its quick commerce vertical, Instamart, as communicated...
Baron Capital elevates Swiggy’s valuation to $12.1 Billion, marking 13% increase from previous fundraise
A fund overseen by Baron Capital Group, an asset manager headquartered in the United States, has increased the fair value of the food-delivery platform...
Swiggy & IRCTC join forces to offer food delivery service on trains
Swiggy, the food delivery platform, has announced a partnership with the Indian Railway Catering and Tourism Corp (IRCTC) to deliver pre-ordered meals to travelers...
Zomato’s shares reach record high of INR 175.5 amidst bullish market sentiment
Zomato, a major player in the foodtech industry, saw its shares surge to a record peak of INR 175.5 during early trading on the...