Saturday, November 23, 2024

swiggy

Days after its public market debut, foodtech major Swiggy has introduced a new service to help restaurant partners source kitchen equipment.Swiggy new service connects restaurants with vendorsThe service connects restaurants with reliable vendors, offering appliances tailored...
Zomato continues to dominate the food delivery segment with a 58% market share in the June quarter of FY2024-25, according to a report by Motilal Oswal.Swiggy captures 42% of food delivery marketIts rival Swiggy, which recently...

Swiggy makes strong market debut, surges 16.91% above IPO price

Foodtech major Swiggy's shares closed at INR 455.95 on the BSE, a 16.91% increase from its IPO price of INR 390. The stock listed...

‘We are expecting solid growth for 3-5 years’ – Swiggy CEO after successful listing

Swiggy announced on Wednesday, November 13 that it expects strong growth in the next 3-5 years. The company plans to expand its geographical reach...

JM Financial initiates coverage on Swiggy with ‘Buy’ recommendation

Brokerage firm JM Financial has initiated coverage on foodtech major Swiggy, giving it a 'buy' recommendation and setting a price target of INR 470,...

Swiggy to create 500 Crorepati employees via ESOP before IPO

Swiggy's upcoming public market listing is expected to make about 500 employees crorepatis due to stock options given through the company's ESOP (employee stock...

Zomato and Swiggy deny alleged competition law violations by CCI

Food tech majors Zomato and Swiggy have denied recent claims that they violated competition laws, following an investigation by the Competition Commission of India...

Bengaluru court halts Swiggy from claiming former executive’s ESOPs

A Bengaluru civil court has temporarily stopped Swiggy from selling or placing any claims on over 200 stock options held by a former executive...

Day 3: Swiggy’s IPO oversubscribed by 3.59 times, led by QIBs

Swiggy, the food delivery giant, had its initial public offering (IPO) oversubscribed by 3.59 times, despite a slow start in the first two days. Swiggy...

CCI finds Swiggy, Zomato guilty of breaching competition laws

The Competition Commission of India (CCI) has reportedly found food delivery majors Swiggy and Zomato guilty of violating competition laws through their partnerships with...

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