Swiggy fails to clear shareholder hurdle in bid to recast itself as Indian-owned companyIn an exchange filing on Thursday, Swiggy stated that its resolution on the Amendment of Articles of Association received 72.36 per cent vo...
22 May, 2026, 10.18 AM IST
Swiggy cofounder Nandan Reddy to leave companySwiggy cofounder and head of innovation Nandan Reddy will step down from his role and vacate his board seat. Reddy, who cofounded Swiggy wi...
10 Apr, 2026, 07.47 PM IST
Rs 6 lakh gold coins, ritual grapes and 108 packs of Kurkure: Swiggy Instamart reveals India’s last-minute New Year shoppingSwiggy Instamart New Year Data: Instamart witnessed a significant surge in last-minute New Year's Eve shopping as 2026 began, with shoppers...
02 Jan, 2026, 01.21 PM IST
New Year’s Eve: Quick commerce, food delivery firms post record ordersQuick commerce and food delivery platforms, notably Blinkit and Swiggy Instamart, saw record orders on New Year’s Eve, surpassing previous ...
01 Jan, 2025, 11.46 AM IST
2024 Year in Review | who’s in, who’s out: the biggest executive moves in Indian tech & startup sectorIndian tech startups saw a wave of CEO changes in 2024. Flipkart, Swiggy, DealShare, Tata Digital, and others appointed new CEOs. The finte...
24 Dec, 2024, 12.16 PM IST
Swiggy's market cap crosses Rs 1 lakh crore on debut; shares surge 12%The company’s market capitalisation has soared past the Rs 1.02 lakh crore mark after the surge. After it opened on November 6, Swiggy’s in...
13 Nov, 2024, 05.15 PM IST
Swiggy’s IPO to unlock Rs 9,000 crore in Esop wealth for 5,000 employeesSo far, Swiggy has distributed Rs 500 crore in Esops, and the public listing could significantly boost returns for employee shareholders. S...
13 Nov, 2024, 10.43 AM IST
IPO-bound Swiggy grants $271 million Esops to founder Sriharsha Majety, top managementOf this, the food and grocery delivery major’s founder and group CEO Sriharsha Majety gets $200 million worth Esops. The Esop 2024 scheme c...
09 Oct, 2024, 06.02 PM IST
Flipkart's Amitesh Jha is Swiggy Instamart CEO, founder Phani Kishan to move to chief of staff roleIn an internal email, Swiggy cofounder and group chief executive Sriharsha Majety announced Jha’s appointment. Swiggy cofounder Phani Kisha...
30 Aug, 2024, 12.07 AM IST
RBI's mandate for fintech SRO; Instamart’s new CEOThe Reserve Bank of India (RBI) expects self-regulatory organisations (SROs) to safeguard consumer interest and ensure responsible growth i...
29 Aug, 2024, 08.16 PM IST
Swiggy Instamart to focus on household consumption, immediate use cases products, says headSwiggy Instamart head Phani Kishan Addepalli said the quick commerce platform's focus will continue to be on items of household consumption...
08 Jul, 2024, 09.13 AM IST
Uptick in IT hiring; ex-bureaucrat turns VCHappy Monday! IT hiring has shown a glimmer of hope in Q1. This and more in today’s ETtech Morning Dispatch.
08 Jul, 2024, 07.26 AM IST
Quick-commerce firms Zepto, Swiggy Instamart bring home the colour in a record Holi-daySales were led by Holi-related items such as colour (gulaal), sweets, pichkaris and flowers. Adjacent categories--white t-shirts, coconut o...
26 Mar, 2024, 12.09 AM IST
Invesco slashes Swiggy’s valuation by 33% to $5.5 billionThis is the second time Invesco has cut down its valuation in the food delivery firm. We reported last month that Invesco had marked down i...
09 May, 2023, 08.25 AM IST
Oyo pre-files DRHP, IPO size likely slashed; Unacademy leadership to take salary cutsOravel Stays, which operates budget hospitality chain Oyo, has pre-filed its IPO papers with the stock market regulator Sebi on Friday unde...
31 Mar, 2023, 07.27 PM IST
Building Instamart has taken a toll: Outgoing head of Swiggy’s quick commerce business Karthik GurumurthyGurumurthy said some of Instamart’s dark stores, of which there are more than 300 across India, are already profitable.
31 Mar, 2023, 11.58 AM IST
Exclusive: Swiggy Instamart head Karthik Gurumurthy to step aside; cofounder Phani Kishan to take over bizGurumurthy is likely to be heading a new business in the broader ecommerce space at Swiggy. Internally, it is being called Instamart Max.
31 Mar, 2023, 10.39 AM IST