Zomato near-term growth overestimated? HSBC initiates with ‘reduce’; sees 15% downside in stock price Zomato’s share price has soared 71% from its IPO price within weeks of listing on the stock exchanges. 4 years ago
Served Hot: Swiggy raises $800 million at about $5-billion valuation Online food delivery platform, Swiggy has closed a fresh $800-million funding round backed by new and existing investors, co-founder and… 5 years agoApril 6, 2021
50 lakh gig workers under ESIC to be brought under social security net India is one of the few countries where steps have been initiated to bring workers of such category under social… 5 years agoMarch 12, 2021
Income Tax dept surveys Flipkart arm, Swiggy on charges of tax evasion by associated vendors Tax officials said the action was undertaken at the offices of the two entities– Instakart and Swiggy– in Bengaluru, apart… 5 years ago
Swiggy layoffs round 2: 350 people fired in ‘final’ realignment as food delivery recovered only 50% Swiggy said that it started the exercise of realigning resources in May to create capacity in higher potential areas with… 5 years agoJuly 27, 2020
Swiggy readies Covid-hit restaurants to resume amid new normal; offers safety kits, funding, more Covid lockdown had hit restaurants significantly as revenues were squeezed due to near-zero demand even as supplies were impacted. 5 years ago
Restaurants on Swiggy, Zomato get helping hand in Covid recovery with this new Instagram feature Technology for MSMEs: Instagram has launched its food order sticker in India to help Covid-hit restaurants listed on Swiggy and… 5 years agoJune 4, 2020
Restaurants listed on Swiggy? Now you can get credit to buy raw materials with this new service Both Swiggy and Zomato saw multiple restaurants on their platforms shutting down operations temporarily even as the order volume took… 5 years ago
Swiggy fires 1,100 people, may shutdown this hyped business unit; here’s its Covid survival plan Food delivery has taken a significant hit amid lockdown announced by PM Modi in March as a majority of the… 5 years agoMay 18, 2020
Coronavirus slams brakes on online retail growth; drastically hurts 2020 forecast The 21-day lockdown period and the long term impact of the disease on the businesses’ supply chain, logistics, apart from… 6 years agoMarch 30, 2020
Consumer complaints against food apps like Zomato, Swiggy almost double in FY20 so far “Some instances of sale of sub-standard food being delivered through online food delivery service platforms have come to notice of… 6 years agoMarch 15, 2020
Swiggy returns to fundraising; secures Series I round funding from Naspers, others The promoter’s — Sriharsha Majety, Nandan Reddy, and Rahul Jamini — shareholding on a fully diluted basis was 10.18 per… 6 years agoFebruary 19, 2020
Swiggy gets $35 million funding from SAIF, NVP and others Food ordering and delivery platform Swiggy today said it has raised USD 35 million (about Rs 237 crore) from SAIF… 10 years ago
What sets Swiggy apart from Zomato, Tinyowl, Foodpanda: All you want to know in 5 pts Swiggy claims to be more reliable and faster than its competitors Zomato, Tinyowl and Foodpanda. Swiggy average delivery time is… 10 years ago
Food delivery start-up Swiggy raises $16.5 mn A Bengaluru-based food delivery start-up, Swiggy, has raised $16.5-million ‘Series B’ funding from a clutch of investors… 10 years agoJune 10, 2015
