Baron Capital marks up Swiggy’s valuation by 25% to $15.1 billion Both Invesco and Baron Capital were a part of Swiggy’s fund raising round of $700 million in January 2022, and… 1 year agoJune 3, 2024
Swiggy gets shareholder nod for $1.2 billion-IPO Swiggy, which is yet to file its draft red herring prospectus with Sebi, will also raise a pre-IPO round of… 2 years agoApril 25, 2024
Zepto’s market share grows to 28% as it eats into Swiggy’s Instamart Instamart’s market share has slipped to 32% as of January this year, from 36% last year and 52% in 2022. 2 years agoApril 18, 2024
Swiggy introduces ‘Paw-ternity policy’ to support pet parents Effective immediately, the Swiggy Paw-ternity Policy applies to all full-time employees. 2 years agoApril 12, 2024
Delivery partner steals Nike shoes from Gurugram flat, this is how Swiggy responded In the viral clip, the delivery executive is seen taking the black-coloured shoes, purportedly from Nike, which were left outside… 2 years agoApril 12, 2024
In latest high-level exit, senior Swiggy executive Karan Arora quits Bhupesh Pangti, Swiggy’s VP of Supply Chain, has been appointed to take over Arora’s responsibilities, leveraging his experience since joining… 2 years agoApril 4, 2024
IPO-bound Swiggy clocks in revenue of Rs 5,476 crore in April-Dec During the first nine months of FY24, Swiggy’s gross order value stood at Rs 24,230 crore, with food delivery comprising… 2 years agoMarch 27, 2024
Holi Review: Gujiya worth Rs 28,830 ordered by one user; Swiggy, Blinkit record highest ever orders per minute on Holi Quick commerce platforms like Blinkit, Swiggy Instamart, etc. have registered record sales. These quick commerce platforms, in fact, recorded their… 2 years ago
No global and local divide: Zomato, Swiggy, Oyo oppose new competition framework Interestingly, in the case of big domestic platforms, their local rivals which are opposed to their practises, have fully supported… 2 years agoMarch 13, 2024
Baron Capital marks up Swiggy’s valuation by 13% to $12.1 billion In the December quarter, Swiggy was among the top ten holdings in Baron Capital’s emerging markets fund, which also has… 2 years agoMarch 8, 2024
Swiggy to lay off around 400 employees on road to IPO Swiggy is reportedly planning to hit the public markets this year, and needs to reign in costs prior to filing… 2 years agoJanuary 26, 2024
Republic Day bonanza for Lakshadweep! Swiggy announces food delivery services in Agatti Island Swiggy in Lakshadweep: This marks a beginning of an important chapter in the nationwide expansion of the on-demand convenience platform. 2 years agoJanuary 25, 2024
Food delivery platforms see 18 per cent jump in orders to 6.5 million on New Year’s Eve 2023: Report Redseer’s Big Data analysis on Consumer Behaviour noted that the spike in food delivery orders on NYE23 was a nationwide… 2 years agoJanuary 11, 2024
Swiggy leadership churn continues as Instamart VP departs Satpathy’s departure follows a string of senior resignations in recent months amidst preparations for its much-anticipated IPO. 2 years agoJanuary 9, 2024
Invesco marks up Swiggy’s valuation to $8.3 billion According to tracxn data, Invesco holds a 2% stake in Swiggy, which was acquired at a cost of approximately $190.5… 2 years agoJanuary 5, 2024
Over 4.8 lakh biryanis ordered on Swiggy during new year’s eve By the evening, both Swiggy’s food delivery and Instamart services surpassed the highs of the previous year, sources said. 2 years agoJanuary 1, 2024
Quick-commerce, food-delivery firms register massive order surge on New Year’s Eve Zomato CEO Deepinder Goyal shared that the food delivery platform delivered almost as many orders on New Year’s Eve (NYE)… 2 years agoJanuary 1, 2024
CityMall lays off 90 employees across all departments The development comes nearly 16 months after the social commerce startup conducted the first round of layoffs, when around 190… 2 years agoOctober 18, 2023
Rapido’s big food delivery bet: Can 4-million fleet and cheaper commissions challenge Swiggy, Zomato?
