Friday, December 27, 2024

swiggy

SoftBank to reduce stake in Swiggy as food delivery platform gears up for $1 Billion IPO

Swiggy, the leading food delivery platform, is gearing up for its stock market debut around mid-2024. Touted as the most substantial initial public offering...

Swiggy, Blinkit, and Zepto hit highest daily sales amid cricket World Cup furor

While Australia emerged victorious against India, securing its sixth cricket World Cup, quick-commerce companies in the nation rejoiced. From flowers to soft drinks and...

Swiggy’s Instamart anticipates record users for Cricket World Cup Final

Swiggy is anticipating a "record number" of users for its quick commerce services during the highly anticipated Cricket World Cup final featuring India this...

Dhanteras sales boom: Blinkit, Swiggy Instamart, and Zepto witness rapid surge in festive purchases

On Friday, Blinkit, the rapid-commerce division of Zomato, a leading food delivery platform, announced a notable increase in the sales of gold and silver...

Swiggy lays groundwork for mega IPO launch; taps top banks for key advisory roles

Food delivery giant Swiggy is in the process of shortlisting seven investment banks to act as advisors, as the Softbank-backed firm prepares for the...

Swiggy launches innovative AI-based ‘Photoshoot’ feature to transform restaurant menus and boost orders

Foodtech major Swiggy has recently unveiled an innovative AI-based feature known as Swiggy Photoshoot, designed to enhance the visual appeal of restaurant menus. According...

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...

Cricket fever fuels biryani frenzy as Swiggy reports a major surge in orders

On Saturday, the online food delivery platform Swiggy reported a surge in orders, with more than 250 biryanis being requested every minute. This culinary...

Foodtech giant Zomato diversifies into logistics with new Xtreme app

In an effort to expand its business diversification, Zomato, a prominent player in the foodtech industry, has entered the logistics sector by introducing a...

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