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Swiggy to see $400 million outflows after Indian-owned status? Jefferies explains whySwiggy is moving closer to becoming an Indian-owned and controlled company (IOCC), a move that could enable an inventory-led model for Inst...- New-age stocks take off; Swiggy goes IndianHappy Wednesday! India’s new-age companies are gaining ground in public markets as more startups go public. This and more in today’s ETtech...
- Swiggy shareholders approve proposal to become Indian-owned and controlledSwiggy shareholders have approved proposals enabling the company to become Indian-owned and controlled, including changes to board appointm...
- Swiggy expands leadership across businesses as quick commerce competition heats upHimavant Kurnala has been appointed chief growth and product officer (CGPO) of Instamart, while Nitesh Garg has been appointed the chief te...
- Post-IPO deferral, Zepto targets higher average order value to cut lossesZepto is deviating from its earlier strategy of chasing order volume growth and is instead focusing on average order value (AOV), according...
- Swiggy launches 24x7 AI assistant Guru for restaurant partnersSwiggy has introduced Guru, an AI-powered business assistant for its restaurant partners. This platform offers 24x7 support and data-driven...
- Malls put eateries under scrutiny amid govt's hygiene crackdownAmid increasing concerns over food safety and hygiene, Indian malls are ramping up their oversight of restaurant operations. Major mall ope...
- India state food safety chief targets Eternal, Swiggy, Zepto in sweeping crackdown, suspends permits of 12 warehousesMaharashtra's food safety chief has taken action by suspending 12 warehouses' permits for grocery giants including Eternal, Swiggy and Zept...
- Maharashtra food safety chief targets Domino's, Eternal, Swiggy, Zepto in sweeping crackdownMaharashtra's food safety chief has taken decisive action by suspending warehouse permits for leading grocery companies after inspectors un...
- Order it, pack it and deliver it: Q-commerce cos plan to bring large electronics orders home in 30 minsQuick commerce firms are engaging with manufacturers to boost sales of large appliances. Established e-commerce players are also striving f...
- ETtech Explainer: Why are dark stores again under scrutiny over food safetyFood safety inspectors have conducted thorough checks on quick commerce locations in Karnataka and Maharashtra, revealing violations relate...
- FSSAI tightens pan masala packaging rules, bans plastic and plastic-laminated pouchesFSSAI has banned plastic-based packaging for pan masala under new regulations. These rules, effective from their publication, mandate paper...
- Instamart expands Northeast sourcing, brings Meghalaya pineapples to BengaluruInstamart is expanding its fresh produce sourcing network across Northeast India. Meghalaya's pineapples are now available to customers in ...
- Eternal vs Swiggy: The quick commerce war is on. Which stock should you own after Q1?The rivalry in the quick commerce sector heats up as Q1 results show stark contrasts between Eternal and Swiggy. While Swiggy leans towards...
- Swiggy’s Rs 60,000 crore breakeven challenge: Can Instamart grow without restarting the cash war?Swiggy's Instamart is targeting an impressive ₹60,000 crore in annualised net order value to achieve profitability. To reach this goal, the...
- Swiggy shares jump nearly 3% as company targets Rs 10,000 crore adjusted EBITDA by FY31Swiggy shares rose after the company unveiled an ambitious FY31 roadmap targeting Rs 10,000 crore in Adjusted EBITDA. It aims to more than ...
- Swiggy targets Rs 10,000 crore in annual adjusted Ebitda in five yearsSwiggy aims for ten thousand crore rupees adjusted Ebitda by fiscal year thirty-one. Its food delivery business will contribute five thousa...
- Quick commerce braces for Rakshabandhan rush as capacity strains emergeThe surge in demand is also exposing capacity constraints that have long plagued ecommerce marketplaces such as Amazon and Flipkart. Brands...
- Swiggy shares fall 6% in 2 days despite strong Q1 earnings. Should you buy, sell or hold?Swiggy shares declined six percent over two days despite reporting strong first-quarter earnings. The company's net loss decreased by thirt...
- Instamart operating-level breakeven hinges on order volumes expanding 2.5xFor the first quarter of FY27, Instamart broke even at the contribution margin level, in line with the guidance the company had provided fi...
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