swiggy
Breaking News
Zomato stocks rally over 4%, market cap surpasses INR 1 Lakh Cr amidst block deal buzz
The stocks of the foodtech giant Zomato experienced a notable rally, climbing over 4% to reach the day's peak at INR 119 on the...
Zomato stocks take a hit as tax notices over non-payment of GST rattle investors
Zomato’s shares opened flat on Thursday, as reports emerged about tax notices being served to food delivery aggregators Zomato and Swiggy over non-payment.As of...
Zomato and Swiggy grapple with INR 1,000 Cr GST notices as tax authorities include delivery charges in revenue assessment
Zomato and Swiggy, the prominent players in the food delivery industry, are facing fresh tax challenges. According to reports, both companies have been served...
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...
Zomato’s Gold loyalty program continues to drive sales, but analysts suggest adjustments for profitability
While Zomato's loyalty program Gold, which underwent a relaunch in January this year, continues to boost the company's sales, analysts and experts suggest that...
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...