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SRIHARSHA MAJETY
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...
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...
India aims to see electric air taxis fly by 2028, testing to gather pace next year: Union Civil Aviation MinisterIndia aims for electric air taxis to fly by 2028, with testing accelerating next year. Electric vertical take-off and landing aircraft offe...
Shiprocket trims IPO size; Google's AI leadership shake-upShiprocket is set to launch its IPO after lowering its issue size. This and more in today's ETtech Top 5.
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...
Ex Swiggy, Zomato execs launch AI startup Profound, raise $1.5 million from Stellaris, 3one4Former Swiggy and Zomato executives have launched Profound, an AI representative platform. This new startup has secured significant seed fu...
Bengaluru hoteliers seek meeting with Swiggy CEO, repeat Aug 15 boycott threatThe latest move comes amid growing friction between restaurant associations and food delivery platforms over commissions, discounting polic...
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...
Swiggy Q1 losses narrow; Groww founders plan new fundHappy Friday! Swiggy lowered its losses in the April-June quarter as revenue rose. This and more in today’s ETtech Morning Dispatch.
Swiggy’s Q1 loss narrows as Instamart's profitability push slows growthThe Bengaluru-based food and grocery delivery company said that its quick commerce unit Instamart, which became contribution level neutral ...
Swiggy trims losses in Q1; IT's comeback rallySwiggy delivered improved Q1 earnings with a narrower loss and higher revenue. This and more in today's ETtech Top 5.
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...
Swiggy Instamart ropes in ex-Myntra boss Nandita Sinha as q-comm battle heats upMyntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She replaces Amitesh Kumar Jha, who r...
Flipkart’s food delivery foray; Swiggy CEO on qcomm competitionFlipkart will launch its food delivery pilot next month, CEO Kalyan Krishnamurthy said. This and more in today’s ETtech Top 5.
Quick commerce will continue to attract capital, competition: Swiggy group CEO Sriharsha MajetySwiggy's Instamart aims for profitability by enhancing its product offering and customer experience. The quick commerce sector will remain ...
Shy Swiggy CEO Sriharsha Majety makes a rare appearance on IPO listing, says the app was actually a forgotten college ideaSwiggy CEO Sriharsha Majety: Swiggy, the food delivery giant, debuted on the stock market. CEO Sriharsha Majety, usually media-shy, marked ...