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Swiggy files updated DRHP with SEBI for INR 3,750 Cr IPO
Foodtech giant Swiggy filed its first updated draft red herring prospectus (DRHP) with SEBI on Thursday, seeking to raise INR 3,750 Cr ($450 Mn)...
Swiggy attracts celebrity investors: Rahul Dravid, Karan Johar & others invest in pre-IPO round
Cricketers Rahul Dravid and Zaheer Khan, tennis star Rohan Bopanna, director Karan Johar, and actor-entrepreneur Ashish Chowdhry are the latest celebrities backing foodtech giant...
Swiggy gets SEBI nod for IPO, eyes November listing
Foodtech giant Swiggy has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering.Following͏͏ the͏͏ approval,͏͏ the͏͏ startup͏͏...
Zomato shares soar to all-time high of INR 298.05 amid broader market rally
Foodtech giant Zomato's shares continued͏͏ their͏͏ four-day͏͏ winning͏͏ streak,͏͏ rising͏͏ over͏͏ 2%͏͏ in͏͏ early͏͏ trading͏͏ on͏͏ September͏͏ 23͏͏ to͏͏ reach͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏...
Zomato shares hit all-time High of INR 290.50 amid broader market rally
Foodtech giant Zomato's shares surged͏͏ to͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏ of͏͏ INR͏͏ 290.50͏͏ apiece͏͏ on͏͏ the͏͏ BSE͏͏ today͏͏ (September͏͏ 20),͏͏ propelled͏͏ by͏͏ a͏͏ broader͏͏...
Suniel Shetty-backed WAAYU joins ONDC, aims to boost restaurant orders with zero-commission model
Actor Suniel Shetty-backed no-commission food delivery platform WAAYU has joined the government-backed Open Network for Digital Commerce (ONDC) as a seller marketplace. ͏͏The ͏mov͏e...
Zomato faces fresh GST demand of INR 17.70 Crore from West Bengal authorities
Foodtech giant Zomato continues to struggle with tax issues, with West Bengal GST authorities now levying a fresh GST demand and penalty of over...
After Amitabh Bachchan, Madhuri Dixit acquires stake in IPO-bound Swiggy
Actor Madhuri Dixit is now the second Indian celebrity, following Amitabh Bachchan, to acquire a minority stake in the IPO-bound foodtech giant Swiggy.͏I͏nv͏e͏s͏͏tm͏ent͏͏ ͏͏D͏͏͏eta͏i͏l͏s͏:͏...
Swiggy likely to have lower public market valuation than Zomato: Elara Capital
Brokerage firm Elara Capital anticipates that Swiggy will have a lower valuation than its competitor Zomato when it goes public. This expectation arises from...
Swiggy launches ‘Project Next’ to boost career growth for delivery partners and expand restaurant network
Continuing its expansion, foodtech giant Swiggy has launched Project Next, an initiative designed to offer career growth opportunities for its delivery partners and accelerate...
Modern Insulators acquires INR 5 Cr worth of Swiggy shares ahead of IPO
Modern Insulators, a listed manufacturer of porcelain insulators, is making a long-term investment of nearly INR 5 crore in Swiggy as the foodtech giant...
Zomato bans AI-generated images from restaurant menus to curb misleading ads
Foodtech giant Zomato has prohibited the use of AI-generated images on its restaurant partners' menus and marketing materials to curb misleading advertisements.Effective Monday (September...