Sriharsha Majety
Breaking News
Swiggy ropes in Anand Kripalu to steer the board ahead of IPO
On Wednesday, Swiggy, the online food and grocery delivery startup, announced the appointment of Anand Kripalu, former managing director and chief executive of Diageo...
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...
In a first, Jio integrates Swiggy Lite subscription with new prepaid plan
The telecom company Jio has launched a new prepaid package called the Jio-Swiggy Festive prepaid plan. This plan entitles Jio users to a complimentary...
Swiggy’s valuation skyrockets 42% to $7.85B following Invesco’s review
After two rounds of evaluation, Invesco, an investment firm headquartered in Atlanta, significantly increased the valuation of the Indian foodtech startup Swiggy by over...
Swiggy increases platform fee to INR 3 per order to boost profitability ahead of IPO in 2024
Foodtech giant Swiggy has hiked its platform fee from INR 2 to INR 3 per order.Back in April of this year, Swiggy implemented a...
Swiggy resumes IPO plans, aims for stock exchange presence by 2024
Food and grocery delivery firm Swiggy is reportedly back on track with its initial public offering (IPO) plans, as stated by a recent Reuters...
Zomato maintains market lead over Swiggy with 55% market share, achieves impressive 26% growth in GMV
According to a recent report from Kotak Institutional Equities, Zomato, the online food delivery platform, retained its dominant position in the food delivery market...