Friday, November 8, 2024

swiggy

IPO-bound Swiggy launches EV fleet for bulk orders in Gurgaon

FMCG
As part of its aggressive push ahead of its public listing, the firm Swiggy has launched a bulk ordering service called Swiggy XL EV...

IPO-bound Swiggy launches 10-minute food delivery service ‘Bolt’

Food Tech
IPO-bound foodtech giant Swiggy has introduced a new service offering quick-to-prepare dishes delivered in 10 minutes. Branded͏͏ as͏͏ Swiggy͏͏ Bolt,͏͏ the͏͏ service͏͏ is͏͏ currently͏͏ active͏͏...

IPO-bound Swiggy pilots concierge service targeting premium customer base

Food Tech
IPO-bound Swiggy has reportedly started testing a premium concierge membership, offering subscribers exclusive access to high-end experiences and events not available to the general...

Karnataka CID takes over investigation of Swiggy’s INR 33 Cr embezzlement case

Food Tech
The Karnataka Crime Investigation Department (CID) has taken over the investigation of a complaint filed by IPO-bound Swiggy, involving a former junior employee who...

IPO-bound Swiggy receives shareholders’ approval to increase fresh issue size to INR 5,000 Cr

Food Tech
IPO-bound Swiggy has reportedly gained shareholder approval to increase the size of its fresh issue in its initial public offering to INR 5,000 Cr,...

Invesco raises Swiggy valuation by nearly 25% to $13.3 Bn ahead of IPO

Food Tech
US-based asset manager Invesco has raised the valuation of foodtech giant Swiggy to $13.3 billion,,͏͏ reflecting͏͏ a͏͏ nearly͏͏ 25%͏͏ jump͏͏ from͏͏ the͏͏ investor's͏͏ last͏͏...

Swiggy Instamart launches 24×7 delivery service in Delhi-NCR ahead of festive season

Aggregators & Distribution
With the festive season approaching, quick commerce giant Swiggy Instamart has launched a 24×7 delivery service in the Delhi-NCR region. In͏͏ a͏͏ statement,͏͏ the͏͏ company͏͏...

BizDateUp co-founders acquire stakes in IPO-bound Swiggy

Food Tech
In a bold move, venture capitalists and co-founders of BizDateup, Jeet Chandan and Meet Jain, have acquired an undisclosed stake in Swiggy, the IPO-bound...

Arjun Kapoor backed Foodcloud.in plans major expansion: Aiming to onboard 50,000 home chefs and reach new cities

Startups
As the food delivery industry in India continues to boom, Arjun Kapoor backed Foodcloud.in, a platform connecting home chefs to consumers, has ambitious plans...

IPO-bound Swiggy facing INR 327 Crore GST demand

Food Tech
Foodtech giant Swiggy faces potential goods and services tax (GST) liabilities totaling INR 326.7 crore, as indicated in its recently submitted updated draft red...

Swiggy allocates lion’s share of IPO proceeds to expand Instamart dark stores

Aggregators & Distribution
Swiggy's updated prospectus, filed on Thursday for its initial public offering (IPO), reveals the Bengaluru-based company's plans to continue investing heavily in its quick...

Swiggy’s IPO could net Prosus $500 Mn; founders set to cash out $36 Mn

Food Tech
Swiggy’s largest investor, Prosus, stands to gain over $500 million from the food and grocery delivery firm's upcoming IPO, as it plans to offload...
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