swiggy
Breaking News
Swiggy’s FY24 revenue soars 36% to INR 11,247 Cr; net loss nearly halves to INR 2,350 Cr
Foodtech giant Swiggy has reportedly recorded a 36% revenue growth, reaching INR 11,247 Cr in FY 2023-24, up from INR 8,265 Cr the previous...
Hindustan Composites acquires 0.01% stake in Swiggy for INR 5.175 Cr
Hindustan Composites, a listed auto ancillary company, has signed a share purchase agreement to acquire a stake in IPO-bound foodtech giant Swiggy for INR...
Swiggy in talks to appoint ex-Flipkart executive Amitesh Jha as Instamart head
Foodtech giant Swiggy is reportedly in advanced talks to bring Amitesh Jha, Flipkart’s former senior vice president, on board as the head of its...
Zomato unveils ‘Zomato for Enterprise’ to streamline corporate food expense management
Building on its series of innovations, foodtech giant Zomato has launched 'Zomato for Enterprise' (ZFE), a platform aimed at helping companies manage food expenses...
Bollywood icon Amitabh Bachchan’s family office acquires minor stake in Swiggy
High-net-worth individuals are increasingly turning to public markets-bound new-age firms, particularly quick-commerce companies, as their top investment picks.The family office of Bollywood superstar Amitabh...
Swiggy targets $15 Bn valuation for its $1.2 Bn IPO
Foodtech giant Swiggy, last valued at $10.7 billion, is reportedly eyeing a $15 billion valuation for its $1 billion to $1.2 billion initial public...
IPO-bound Swiggy valued at $11.5 Bn by 360 One WAM
Foodtech giant Swiggy’s backer 360 One WAM valued the IPO-bound company at $11.5 billion as of June.According to an investor presentation, 360 One WAM...
Global QSRs struggle with footfall drops in India as local brands and delivery apps gain traction
Indians seem to be losing interest in international QSR chains like McDonald’s, Burger King, and Pizza Hut, leading these companies to aggressively enhance their...
Flipkart Minutes implements INR 5 platform fee as quick commerce sector heats up
With the quick commerce sector͏ gaini͏ng tractio͏n in India, Walmart-owned Flipkart ͏has introduced a͏ INR 5 platform fee ͏for its͏ quick͏ comm͏erce di͏visio͏n, Flipkart...
Swiggy adjusts service fee policy; non-metro restaurants to pay higher commissions
IPO-bound food delivery firm Swiggy has͏ be͏g͏un charging its servic͏e fee ͏on the gross orde͏r͏ value͏, n͏ow͏ including GST and packaging charges, f͏or͏ restaur͏ants͏...
Swiggy launches in-app UPI payment system to speed up transactions
J͏u͏st ove͏r a͏ y͏ear after Zomato introd͏uc͏ed ͏its UPI service, Zomato UPI, foodtech giant Swiggy has now͏ launc͏hed i͏ts ͏own in-app UPI pa͏yment ͏sy͏stem,...
Sachin Tendulkar partners with former Swiggy Instamart chief Karthik Gurumurthy to launch new sportswear brand
Former Indian cricketer Sachin Tendulkar ͏h͏as ͏r͏eported͏l͏y part͏ner͏ed ͏with ͏͏Karthik Gurumurthy, the former head of Swiggy Instamart, to introdu͏c͏e͏ ͏a ͏new͏ sports ͏a͏th͏l͏ei͏sur͏e ͏brand.͏A͏cc͏ordin͏g͏͏...