Nandan Reddy
IPO-bound foodtech giant Swiggy has granted employee stock options valued at $271 million to its founders and top management. This͏͏ move͏͏ is͏͏ part͏͏ of͏͏ the͏͏ stock-based͏͏ compensation͏͏ plan͏͏ rolled͏͏ out͏͏ in͏͏ April,͏͏ as͏͏ detailed͏͏ in͏͏ the͏͏...
Hindustan Composites, a listed auto ancillary company, has signed a share purchase agreement to acquire a stake in IPO-bound foodtech giant Swiggy for INR 5.175 crore.Deta͏ils͏ o͏f the Transaction:In a BS͏E fil͏ing, th͏e listed͏ co͏mpany ͏announced...
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IPO-bound Swiggy resumes homestyle meal delivery service ‘Swiggy Daily’, integrates into main app
Foodtech giant Swiggy has reintroduced its homestyle meal delivery service, Swiggy Daily, after a four-year hiatus from its offerings. Originally launched in 2019, the...
Swiggy files confidential draft papers with SEBI for IPO launch
Swiggy, a prominent food delivery giant, has reportedly filed for an initial public offering (IPO) via confidential pre-filing route with the Securities and Exchange...
Swiggy gets green light from shareholders for $1.2 Billion IPO
Foodtech giant Swiggy has secured approval from its shareholders for its initial public offering (IPO), as disclosed in regulatory filings. The company intends to...
Swiggy reports robust 40% revenue growth to INR 8,264 Cr in FY23, despite net loss crossing INR 4,000 Crore mark
Swiggy, the Bengaluru-based food delivery giant, saw its net loss cross the INR 4,000 Crore threshold for the financial year ending on March 31,...
Retail tycoon Radhakishan Damani leads ‘Top 200 Self-made Entrepreneurs of the Millennia 2023’
Radhakishan Damani, the visionary behind the retail chain D-Mart, stands at the forefront of the 'Top 200 Self-made Entrepreneurs of the Millennia 2023,' as...
Swiggy and Goa govt empower local entrepreneurs with the Goa Chavath e-Bazaar initiative
Ahead of the Ganesh Chaturthi festival, Goa's Chief Minister, Pramod Sawant, made an announcement on Thursday. He unveiled the "Goa Chavath e-Bazaar," which showcases...