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SWIGGY INSTAMART NEWS
Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Ambani spending warSwiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive...
Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
Amazon CEO on Now growth; Big Tech dials up AI spendIn India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5.
Infosys Q4 profit spikes; Flipkart mulls separate app for MinutesInfosys closed FY26 with strong numbers aided by a pickup in demand from its banking, energy and communication segments. This and more in...
JM Financial wants a deep-pocketed player to acquire Swiggy. Here's whyBrokerage firm JM Financial has downgraded Swiggy, citing concerns over its quick commerce arm, Instamart. They believe a takeover by a lar...
Dark to bright stores? What's Instamart's offline experiment?Swiggy’s Instamart opened its first physical “experience store” in Gurugram, marking a first in India’s quick commerce sector. Unlike conve...
Swiggy's Instamart rejig; Smaller UPI firms gainHappy Thursday! Swiggy's recent move to restructure its Instamart business may be a step towards a larger pivot. This and more in today’s E...
Flipkart’s Ankit Jain likely to join Swiggy Instamart as SVPJain will now be working closely with Swiggy Instamart CEO Amitesh Jha, who also joined from the Walmart-owned company in August last year.
Swiggy shares can rally up Rs 475, says Motilal Oswal as it initiates a ‘Neutral’ ratingMotilal Oswal initiated coverage on Swiggy with a "Neutral" rating, citing execution risks and competition. They set a target price of Rs 4...
Swiggy’s latest listing plan includes Rs 5,000 crore fresh issueSwiggy plans to increase the fresh issue component of its upcoming IPO to ₹5,000 crore and will seek shareholder approval at an EGM on Octo...
Flipkart's Amitesh Jha is Swiggy Instamart CEO, founder Phani Kishan to move to chief of staff roleIn an internal email, Swiggy cofounder and group chief executive Sriharsha Majety announced Jha’s appointment. Swiggy cofounder Phani Kisha...
Swiggy HDFC Bank Credit Card revised cashback structure effective from June 21, 2024Swiggy HDFC Bank Credit Card: According to news reports, HDFC Bank has updated the cashback system of one of its most popular credit cards,...
Swiggy names HUL's Ashwath Swaminathan to head growth and marketingSwiggy has appointed Ashwath Swaminathan, a former executive from Hindustan Unilever, as its chief growth & marketing officer. Swaminathan ...
Swiggy launches ‘Lite’ plan, bundling for One programme to take on Zomato GoldFood delivery company Swiggy has launched a cheaper version of its Swiggy One membership called Swiggy One Lite. The new membership option ...
Swiggy enables Rs 450 crore in disbursals through restaurant financing programmeUnder the programme, that helps restaurants access financial products such as term loans and credit lines from lending firms including Indi...