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SWIGGY QUICK COMMERCE
Swiggy to see $400 million outflows after Indian-owned status? Jefferies explains whySwiggy is moving closer to becoming an Indian-owned and controlled company (IOCC), a move that could enable an inventory-led model for Inst...- New-age stocks take off; Swiggy goes IndianHappy Wednesday! India’s new-age companies are gaining ground in public markets as more startups go public. This and more in today’s ETtech...
- 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...
- Swiggy expands leadership across businesses as quick commerce competition heats upHimavant Kurnala has been appointed chief growth and product officer (CGPO) of Instamart, while Nitesh Garg has been appointed the chief te...
- 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 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...
- Electric mobility startup Yulu raises $93 million in equity, debt to expand EV fleetThe Bajaj Auto-backed company said it will increase its active fleet to 200,000 electric vehicles over the next two years, expand service h...
- Festive rush: Quick commerce firms to hire 35-40% more temp workers, demand surges for tech-savvy talentQuick commerce platforms anticipate hiring thirty to forty percent more temporary workers this festive season. This surge reflects increase...
- Yulu, Bounce seek funds as gig-EV rentals zoomBajaj Auto-backed Yulu is in talks with GEF Capital and One Planet Partners to raise the funds at a valuation of about $250 million, up fro...
- 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...
- 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...
- 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...
- Zepto IPO hurdle revives investor interest in Swiggy, Eternal; shares set for best month in yearsSwiggy and Eternal shares have rallied sharply in July as investors reassess the competitive landscape following Zepto's IPO valuation rese...
- 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...
- From fashion to fast delivery: Nandita Sinha’s new challenge is InstamartNandita Sinha will lead Swiggy's quick commerce vertical Instamart. She previously served as CEO of Myntra, turning the company profitable ...
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