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ETtech Interview | Quick commerce industry unlikely to sustain as many players as today: Swiggy's Sriharsha MajetySwiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battl...- Swiggy to shut down B2B offering for small businesses MinisThis follows heightened competition from rivals in Swiggy’s core businesses of food delivery and quick commerce. Minis was Swiggy's SaaS of...
- MakeMyTrip’s record raise, Zuck’s AI talent grabMakeMyTrip has raised $3.1 billion in the largest fundraise by a listed Indian internet company. This and more in today’s ETtech Top 5.
- Swiggy pilots travel and lifestyle concierge app CrewSwiggy has introduced Crew, a travel and lifestyle concierge app, marking its expansion beyond food delivery and quick commerce. The app, c...
- Swiggy shares in focus after Q4 losses double to Rs 1,081 croreSwiggy's Q4 net loss increased to Rs 1,081 crore. Revenue rose 45% to Rs 4,410 crore. Instamart's expansion drove losses. Food delivery saw...
- Swiggy Q4: Losses double to Rs 1,081 crore despite 45% revenue growthSwiggy Q4 Results: Swiggy's losses widened primarily due to aggressive spending on its quick commerce delivery business, Instamart, as comp...
- Urban Company founders sell Rs 780 crore worth of shares through multiple pre-IPO secondary dealsFounders used a portion of the Rs 780 crore raised through secondary share sales to fully pay for shares allotted to them in a 2019 rights ...
- Desi techies’ US woes; ETtech Done DealsHappy Wednesday! Indian techies in the US are raising alarms online over layoffs and a dismal job market. This and more in today’s ETtech M...
- Marc Benioff interview; Meta’s antitrust caseSalesforce CEO Marc Benioff is optimistic about a resolution to Trump’s trade war. This and more in today’s ETtech Top 5.
- Tax planners, yoga trainers, astrologers: Swiggy launches white-collar services marketplace PyngPyng has been launched as a standalone app — in line with the shift in Swiggy's strategy to launch separate apps for different use-cases. I...
- Swiggy takes on Zomato’s Hyperpure with B2B kitchen supplies platform AssureAccording to the app description, Assure claims to offer "locally sourced, high-quality, and fresh ingredients" and says it adheres to hygi...
- Sam Altman speaks to ET; Swiggy losses widenHappy Thursday! OpenAI’s chief Sam Altman told ET that the company will adjust products and pricing to tackle competition, including China’...
- Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Innovaccer & Giva funding; restaurant body vs Zomato, SwiggyHappy Friday! The deal counter is buzzing with new funding rounds across sectors. This and more in today’s ETtech Morning Dispatch.
- Restaurant body vs Zomato, Swiggy; Dunzo CEO joins FlipkartRestaurant industry body NRAI has challenged 10-minute food delivery apps. This and more in today's ETtech Top 5.
- Swiggy Instamart expands to 76 cities, to launch a standalone app"The positive reception in new cities and categories suggests Instamart could achieve far greater user adoption, going well beyond 100M+ us...
- Bernstein initiates coverage on Swiggy with Rs 635 target price, stock up 6%Bernstein highlighted that Swiggy is strategically placed to benefit from the shift towards super-fast delivery models in India’s fast-grow...
- Rising marketing costs for stock brokers; ecomm pushes qcommHappy Thursday! New-age brokers are dealing with rising customer acquisition costs. This and more in today’s ETtech Morning Dispatch.
- Swiggy unboxes professional services app Pyng under house of apps strategyChinese tech giants Alibaba and Meituan have had multiple apps under the group for various services. It contrasts with the one ‘superapp’ s...
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