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Swiggy News

Google, Microsoft big tech layoffs, Samsung Galaxy A14 5G India launch, new Twitter rules and more | FE Tech Bytes top news of the week

If you missed reading all the tech-related announcements, here is a quick roundup of all the top tech news that…

January 21, 2023 16:37 IST

Swiggy announces laying off 380 employees: Here is what CEO Sriharsha told them

Paragraph: Change block type or style Swiggy’s job cuts come few days after there were reports that the company will…

January 21, 2023 13:18 IST

Swiggy cuts 380 jobs, shuts meat delivery vertical to save costs

Swiggy, which offers both food and grocery delivery, has decided to shut down its meat delivery marketplace as a cost-cutting…

Updated: January 21, 2023 01:35 IST

Swiggy to slash around 8-10% of workforce

The second source also said that Swiggy has a numbered rating system for all employees on a scale of 0-5.

January 19, 2023 04:40 IST

biriyani delivery in india, biriyani in india, swiggy delivery in India, swiggy news, swiggy update, Swiggy Instamart

From biryanis to condoms, here’s what India ordered on New Year’s Eve

1.5 lakh biryanis, 1.75 lakh chips, over 12K khichdi, and 3K packets of condoms; Let’s take a look at what…

Updated: January 4, 2023 10:24 IST

swiggy, net loss, startup, food delivery app, tech startup

Swiggy losses double to Rs 3,629 cr in FY22

Instamart now accounts for about 35% of Swiggy’s revenues and the quick-commerce arm.

January 3, 2023 06:00 IST

swiggy, industry, industry news, results

Swiggy loss widens to Rs 3,628.9 crore in FY22

Food and grocery delivery platform Swiggy has reported a widening of its net loss to Rs 3,628.9 crore for FY22.…

January 2, 2023 21:29 IST

Swiggy, Zomato, Swiggy H1CY22 food delivery,

Despite attractive discounts to customers, how Zomato is gaining edge over Swiggy

On Wednesday, Prosus released data which put Swiggy’s H1CY22 food delivery gross merchandise value (GMV) at $1.3 billion or roughly…

November 25, 2022 02:00 IST

On back of restaurant delivery, quick-commerce businesses, Swiggy’s food biz GMV hits $1.3 billion in 6 months

Swiggy has nearly 200,000 restaurant partners and over 300,000 delivery executives, said Prosus, which owns a 33% stake in the…

November 24, 2022 00:30 IST

“There is a re-bound in the economy and the demand for talent is on the rise so I wouldn’t be too surprised if there are more of these announcements,” Chakraborty said

Swiggy employees can now moonlight: Staffers can take up external projects for an economic consideration

On Wednesday, Swiggy said it will now allow its employees to take up external projects for free or even an…

August 4, 2022 04:10 IST

“Kapoor will join Swiggy in the next couple of weeks and is currently serving his notice period. Swiggy wants to have different business heads who all ultimately report to Sriharsha who is the co-founder of the company. The company did not earlier have a CEO for the food delivery business,” a source cited above told FE.

Swiggy may get Oyo’s Rohit Kapoor to head food delivery business

Prior to working with SoftBank-backed OYO, Kapoor was employed at consulting firm Mckinsey&Co for over 10 years. He has also…

July 21, 2022 00:44 IST

Swiggy initiates ESOP liquidity programme worth $23 million

Under its two year ESOP liquidity programme, IPO-hopeful Swiggy has rolled out a new programme — build your own dollar…

July 1, 2022 08:13 IST

Eateries ready to serve food, not nutritional info just yet

The foodtech brand is upgrading its website and app to educate more restaurant partners who weren’t sharing this information.

June 17, 2022 08:12 IST

Zomato share price may rally 21%, says HSBC; grocery business termed ‘poison pill’, check target

Zomato stock price has plummeted 50% so far this year, erasing massive investor wealth as the scrip fell below the…

June 15, 2022 11:25 IST

Swiggy offers more benefits to subscribers

“The program now offers users unlimited free deliveries on food delivery from all restaurants as far as 10 km, and…

June 2, 2022 16:59 IST

Companies plan to expand cloud kitchen portfolio as business booms

Ease of scaling up and lower operating costs are among the reasons for the growing popularity of cloud kitchens, according…

May 2, 2022 03:50 IST

To be eligible for the role of a fleet manager, a Swiggy delivery executive must hold a college degree, possess communication skills and basic computer knowledge and should have been delivering with Swiggy for a few years, the start-up said in a statement.

Swiggy’s delivery workers can now take up managerial roles at the start-up

“Being well-versed with the challenges and opportunities at a ground level owing to their rich experience in delivery, seasoned delivery…

April 26, 2022 01:30 IST

Ola Dash is currently available in six other cities, Pune, Hyderabad, Chennai, Kolkata, Jaipur and Lucknow with 200 operational dark stores, the start-up claimed in a January 2022 statement.

Ola Dash: 10-minute grocery delivery service decides to go slow

Sources also added that Ola Dash will now focus only on three cities – Bengaluru, Delhi and Mumbai – while…

April 22, 2022 02:01 IST

Eruditus, Emeritus founder invests in InnoVen Capital

Eruditus, Emeritus founder invests $32 million in InnoVen Capital

The investment was made through Damera’s family office which is co-managed by Ashwin and his wife Bhagyashree Damera.

April 21, 2022 06:20 IST

Quick-commerce: Long on funding, short on unit economics?

Quick commerce start-ups such as Swiggy, Zepto and Blinkit are already topping consumer internet funding charts.

April 19, 2022 03:40 IST

Rapido raises USD 180 million in series D round led by Swiggy

Rapido has raised USD 180 million in its series D round of funding, led by Swiggy. The capital is said…

April 15, 2022 19:33 IST

Zomato, Swiggy outage: Both food apps down during lunchtime rush, face technical glitch

Food ordering apps Zomato and Swiggy were facing outage on Wednesday due to technical issues, as confirmed by their Twitter…

Updated: April 6, 2022 16:06 IST

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