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SWIGGY COMMISSION
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...- ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for InstamartSwiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its a...
- 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...
- Rapido raises $240 million from Prosus, WestBridge, Accel; valuation hits $3 billionUrban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is p...
- Swiggy moves to become India-owned company, eyes fewer FDI restrictionsSwiggy has announced upcoming adjustments to its board nomination policies as part of its strategy to establish itself as an Indian owned a...
- Gautam Adani calls for India to build, power, and own AI infrastructure on home soilGautam Adani states energy and digital infrastructure will shape future global power. He urges India to build its own artificial intelligen...
- Eternal Q4 revenue, profit surge on Blinkit boostEternal, which runs Zomato and Blinkit, saw its March quarter revenue surge threefold and net profit rise 4.5 times. Quick commerce margins...
- Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...
- Ecommerce, quick commerce chasing ad spends with profitability in focusOnline platforms like Amazon, Flipkart, Blinkit, Instamart, Zepto, Zomato, and Swiggy are set to earn substantial advertising revenue. This...
- Hyderabad court orders Swiggy to pay Rs 35,000 for charging Rs 103 delivery feeRanga Reddy's District Consumer Disputes Redressal Commission ruled against Swiggy for inflating delivery distances and overcharging Emmadi...
- Exclusive: Swiggy tweaks service fee policy, non-metro restaurants to pay more in commisionSwiggy has revised its service fee calculation for restaurants in non-metro areas. The fee was previously levied on net value for restauran...
- Swiggy told to pay Rs 1,000 for failing to refund Rs 104, court says mental harassmentSwiggy court-directed to compensate consumer for mental harassment due to a cancelled order, refund remaining amount with interest, and pay...
- Swiggy to waive commission from new restaurants for a monthSwiggy said restaurant partners can potentially save up to Rs 20,000 through this initiative.
- Domino's India may shift business away from delivery firms Zomato and SwiggyThe disclosure was made by Jubilant FoodWorks, which runs the Domino's and Dunkin' Donuts chain in India, in a confidential filing with the...
- Swiggy pilots direct ordering product in MumbaiThe move comes amid allegations by restaurants that food delivery platforms including Swiggy and rival Zomato are charging exorbitant commi...
- CCI rejects unfair business complain against SwiggyThe complaint claimed that customers are generally unaware of the rates charged by of a particular restaurant in offline mode and thus, can...
- Swiggy seeks higher commissions from restaurants in certain regionsThe food delivery firm is looking to get restaurants to fund a larger chunk of promotions.
- Swiggy may cap its share at 25% of the total billMove to benefit small business owners, who do not have the leverage to seal better deals.
- Swiggy doubles down on cloud kitchen modelSwiggy Access targets covering 40 cities over the next two years to achieve 25% revenue contribution in the long term
- Zomato plans to stop charging commission from restaurantsThe programme is likely to cover 70% of Zomato's 25,000-restaurant partner network in the country.
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