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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...
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...
Festive demand set to lift FMCG growth, but margins face pressureConsumer demand in India is expected to strengthen during the upcoming festive season. Companies face rising input costs and intense compet...
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...
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...
AI startup Kily secures Rs 30 crore from Sorin Investments, Razorpay, WyserThe AI startup said that it plans to use the fresh capital to deepen Kily's product capabilities, strengthen its go-to market initiatives, ...
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 contra view: Why JM Financial downgraded the stock to 'sell' despite strong Q1 resultsBajaj Finance shares jumped 5% after the NBFC reported a strong Q1 FY27 performance, with standalone net profit rising 28% YoY to Rs 6,081 ...
Swiggy shares plunge 6% even as losses narrow. Should investors buy, sell or accumulate?Swiggy Share Price: Swiggy shares plunged as much as 6% after the food delivery and quick commerce company reported its June-quarter result...
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 ...
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 Q1 Results: Net loss narrows to Rs 791 crore; revenue jumps 37% YoYSwiggy Q1 Results: Swiggy narrowed its Q1FY27 consolidated net loss by 34% year-on-year to Rs 791 crore, while revenue from operations rose...
Swiggy shares jump 8%, rally 15% in 3 days. What's boosting investor sentiment?Swiggy shares climbed significantly, extending recent gains for a third consecutive session. Nandita Sinha, former Myntra CEO, now leads Sw...
Ex-Myntra chief Nandita Sinha named Swiggy Instamart CEO; Amitesh Jha exitsSinha joins at a time when Instamart has been losing market share even as it attempts to contain its mounting losses. A Flipkart group vete...
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...