Tuesday, December 24, 2024

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...

Swiggy secures INR 5,085 Cr before IPO, issues 13.03 Cr shares

Foodtech giant Swiggy raised INR 5,085 Cr on Tuesday, November 5, from anchor investors at INR 390 per share, ahead of its IPO. The...

Swiggy’s $11.3 Bn IPO Opens on November 6

The Initial Public Offering (IPO) of Swiggy is opening for subscription on November 6 and is scheduled to close on November 8, 2024. The...

Swiggy rolls out ‘international login’ for overseas food orders

Swiggy has introduced ‘international login' allowing people abroad to order food and groceries for their families and loved ones in India.Swiggy’s ‘international login' available...

Swiggy lowers IPO valuation to $13.5 Bn amid market volatility

Swiggy has reportedly lowered the valuation target for its upcoming initial public offering IPO to between $12.5 Bn and $13.5 Bn.Originally aimed for a...

Swiggy introduces ‘Seal’ programme to enhance restaurants hygiene standards

Swiggy has launched a new initiative called the 'Seal' programme to improve hygiene and food quality among its restaurant partners. Currently live in Pune,...

Swiggy Instamart faces criticism for adding free Tomatoes to cart, netizens slam

A Bengaluru man’s post went viral after he criticised Swiggy Instamart for adding free tomatoes to his order. Though the 500 grams of tomatoes...

Swiggy’s co-founder Sriharsha Majety, investors cash out INR 670 Cr ahead of IPO

Just days before foodtech giant Swiggy submitted its updated draft red herring prospectus (DRHP) to SEBI, founder Sriharsha Majety and some investors offloaded shares...

Zomato allocates INR 330 Cr in stock options to employees through ESOPs

Foodtech giant Zomato has granted approximately 12 million stock options through its employee stock option plans (ESOPs). In͏͏ an͏͏ official͏͏ filing͏͏ dated͏͏ October͏͏ 2,͏͏...

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