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SWIGGY SHAREHOLDER LETTER
Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.- Swiggy CEO on quick commerce space; India’s data centre surgeIn an interview, Swiggy group CEO Sriharsha Majety explained the outlook for the quick commerce industry and the shareholder vote hurdle, a...
- Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
- Ola Electric eyes commercial EV launch for gig workers amid quick commerce boomSources said the company received approval for the new vehicle in early February and is expected to launch the model in the coming quarters.
- 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...
- Jio revamps mega IPO; DailyObjects lines up fresh capitalReliance Industries is revamping Jio Platforms’ IPO plans amid investor disagreements over valuation. This and more in today's ETtech Top 5.
- Swiggy, magicpin say delivery times improving as gig workers return to citiesDelivery times are improving as gig workers return to cities. This follows the recent state elections and the peak harvest season. Food del...
- Swiggy Q4 revenue surges 45%, net loss narrows to Rs 800 croreSwiggy's operating revenue surged 45% to Rs 6,383 crore in Q4, with net loss narrowing to Rs 800 crore. The company is balancing growth and...
- 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...
- Swiggy’s quick commerce gross sales decline in March quarterSwiggy Instamart's gross order value saw its first sequential decline in the March quarter, dropping 0.7% to Rs 7,881 crore, though it stil...
- Unfazed by 670X P/E, retail investors add Eternal on dips for 2nd quarter as stock trades 30% off peakRetail investors are showing confidence in Eternal, a food delivery and quick commerce firm. They are buying its shares on price dips, unde...
- ETtech Explainer: What does Blinkit’s growth moderation mean for rivals?The platform recently reported its second straight quarter of positive adjusted Ebitda (earnings before interest, taxes, depreciation and a...
- 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...
- 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...
- Swiggy Q3 loss widens on Instamart burn; revenue grows 54%Swiggy reported a 54% increase in operating revenue to Rs 6,148 crore for the third quarter of this financial year, while its net loss wide...
- Swiggy's board approves Rs 10,000-crore fundraise via QIPFood and grocery delivery firm Swiggy's board has approved a proposal to raise Rs 10,000 crore through a qualified institutional placement....
- Swiggy board to meet on November 7 to consider Rs 10,000 crore fundraise via QIPSwiggy will hold a board meeting on November 7 to discuss raising Rs 10,000 crore ($1.1 billion) via a qualified institutional placement (Q...
- Rapido's food delivery app Ownly goes live in BengaluruThe company is looking to take on incumbents Zomato and Swiggy by aiming to replicate its success from the ride-hailing sector, where it ha...
- Swiggy could offload Rapido stake over conflict concernsSwiggy said it was "actively re-evaluating" its investment in urban mobility startup Rapido. The company further highlighted that Rapido's ...
- Swiggy’s Q3 losses widen 40% to Rs 799 crore; Instamart margins hit amid rising competitionSwiggy reported a 31% revenue growth to Rs 3,993 crore in Q3, but losses widened to Rs 799 crore due to investments in quick commerce. Desp...
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