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IPO-bound Swiggy grants $271 Mn in ESOPs to founders, top executives
IPO-bound foodtech giant Swiggy has granted employee stock options valued at $271 million to its founders and top management. This͏͏ move͏͏ is͏͏ part͏͏ of͏͏...
Zomato shares surge 4% as HSBC raises PT to INR 330
Zomato shares surged over 4% in early trading today after brokerage HSBC reaffirmed its 'buy' rating, citing the company's lead over Swiggy in growth...
Zomato’s Deepinder Goyal excluded from Shark Tank India as rival Swiggy takes sponsorship
Deepinder Goyal, cofounder and CEO of Zomato, will not be participating in the next season of Shark Tank India, as Swiggy, a competing foodtech...
IPO-bound Swiggy launches EV fleet for bulk orders in Gurgaon
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’
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
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
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
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
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
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
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
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...