Swiggy shares on Rs 60,000 crore crash diet. Will investors get a cheat meal soon?Swiggy's shares have plunged 43% from their peak, amid rising cash burns and fierce competition in the quick commerce segment, along with a...
Temasek-backed Licious sets sights on $2 billion IPO in IndiaLicious, backed by Temasek Holdings Pte, aims to become profitable by 2026 as it gears up for a potential IPO valuing over $2 billion. The ...
Disruptive 10-minute deliveries spread to India’s food businessIndian food delivery apps race to deliver meals in 10 minutes. Zomato, Swiggy, Zepto and others battle for impatient consumers. Some compan...
Listing pop or flop? Swiggy shares to debut tomorrow. Check GMP and analysts predictionsSwiggy IPO Listing: Food delivery giant Swiggy is set to debut on the stock market on Wednesday with a muted outlook. Despite a respectable...
Swiggy tweaks IPO menu to put more money in business even Ambani is eyeingSwiggy is increasing its focus on quick commerce, driven by growing digital infrastructure and consumer demand in India. The company is red...
Swiggy investor 360 One pins $11.5 billion value on IPO-bound companySwiggy, valued at $11.5 billion by 360 One WAM, is set for a $1.25 billion IPO. The company's revenue for the first half of fiscal 2024 is ...
Indians get hooked on 10-minute grocery apps, squeezing small retailersIndia's quick commerce boom is reshaping how Indians shop, with Swiggy leading the charge in the fast-paced delivery game. The SoftBank-bac...
Indians get hooked on 10-minute grocery apps, squeezing small retailersIndia's quick commerce boom is reshaping how Indians shop, with Swiggy leading the charge in the fast-paced delivery game. The SoftBank-bac...
Food delivery, quick commerce take a bite out of QSR sales: brokerage reportsFor the overall QSR industry, revenue growth for the final quarter of FY24 was at 9% on a year-on-year basis, down from 18% a year ago, whi...
Zomato CEO delivers friendship bands, food on friendship day, calls it 'best Sunday ever'Zomato CEO Deepinder Goyal, calling it "best Sunday ever", rode his Royal Enfield bike to personally hand out friendship bands and food to ...
The gig economy evolution: reshaping India's online consumptionWant food? Zomato and Swiggy are here. Want to send a package to a friend? There’s Dunzo and Porter. Not well and need medicines delivered?...
Bookmyshow backs D2C marketplace startup, to list it on platformThe startup - housed under Preebee Lifestyle Pvt Ltd — will rely on BMS’ large user base to source traffic to the marketplace, according to...
India big enough for both E-commerce and small retailers: Rajiv KumarThe underlying comparative advantage and strength of the fast growing e-commerce sector comes from data, Niti Aayog Vice-Chairman Rajiv Kum...
Swiggy in talks with South Korean funds to raise up to $500 millionThe round is learnt to be led by Swiggy’s largest investor, South African internet giant Naspers. The exercise is expected to value the com...
Swiggy, Zomato may soon slash discounts to stay fitDiscounts by Swiggy and Zomato will be down at least 40% industry sources say, while cuts at UberEats will be more drastic.
Swiggy to focus on customer repeats to drive growth as discount-led growth comes downDiscounts by Swiggy and Zomato will be down at least 40%, industry sources say, while cuts at UberEats will be more drastic.
China's Tencent wants to taste a plateful of SwiggyThe online delivery platform catapulted to the unicorn club in June with a valuation of $1.3 billion.