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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...
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...
Indian food delivery market grows by 10% sequentially in Q3: UBS report
According to a report from UBS Securities, the food delivery market in India is anticipated to have recorded a 10% sequential growth in the...
Swiggy service disruptions continue in Mumbai amidst delivery personnel strike
According to media reports on Tuesday, Swiggy delivery personnel in Mumbai are now into their third day of a strike. This strike has been...
Swiggy and Zomato face disruptions in Mumbai as delivery workers strike for improved conditions and incentives
The operations of prominent food delivery platforms Swiggy and Zomato experienced disruptions in various areas of Mumbai on Monday due to a strike by...
Swiggy competes with Zomato Gold with its new affordable Swiggy One Lite subscription plan
Food delivery giant Swiggy has rolled out Swiggy One Lite, a budget-friendly variant of its subscription service, Swiggy One. This new offering provides users...