Rapido raises $240 million from Prosus, WestBridge, Accel; valuation hits $3 billionUrban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is p...
15 May, 2026, 03.32 PM IST
TCS Q4 drags down IT stocks; Swiggy cofounder exitsShares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.
10 Apr, 2026, 07.59 PM IST
Swiggy cofounder Nandan Reddy to leave companySwiggy cofounder and head of innovation Nandan Reddy will step down from his role and vacate his board seat. Reddy, who cofounded Swiggy wi...
10 Apr, 2026, 07.47 PM IST
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...
08 Apr, 2026, 02.34 PM IST
Swiggy shares in focus after Rs 2,399 crore stake sale in Rapido, Instamart slump saleSwiggy's board has approved the sale of its stake in Rapido. The sale will be to MIH Investments One B.V. and Setu AIF Trust. The total val...
24 Sep, 2025, 08.45 AM IST
Swiggy shares jump over 5% in intra-day trade; what’s driving the rally?Swiggy's shares jumped 5.5% following optimistic forecasts for its food delivery and quick commerce sectors. DAM Capital projects a 28% rev...
21 Aug, 2025, 11.44 AM IST
Jefferies upgrades Swiggy to buy with Rs 500 target price but calls it high risk-high reward playSwiggy shares slipped 4% after Q1 losses doubled, but Jefferies upgraded the stock to ‘Buy’ with a Rs 500 target, citing a likely bottom in...
01 Aug, 2025, 11.02 AM IST
Swiggy adds 2,000 employees in FY25 on back of Instamart blitzWith this, the food and grocery company had a total workforce of 7,431 as of March 31, 2025, according to its annual report. Most of the hi...
29 Jul, 2025, 08.57 PM IST
End of Lock-in: Investors may sit tight, but supply can limit upsideThe lifting of the lock-in does not mean all these investors will rush to offload their holdings. But the risk of supply of shares could pu...
05 May, 2025, 05.46 AM IST
Shares worth Rs 80,000 crore to exit IPO lock-inBankers and brokers said a chunk of these shares could flood the market as various investors would look to book profits with the stock mark...
31 Jan, 2025, 05.31 AM IST
IPO lock-in expiry: Shares of 82 companies worth $32 billion set to hit the market by AprilOver $32 billion worth of shares from 82 companies will become tradable from January to April 2025 as lock-in periods end. Notable unlocks ...
30 Jan, 2025, 02.17 PM IST
Swiggy lock-in expiry: Rs 3,300 crore worth shares set to unlock over next one monthOver the next month, 7.8 crore pre-IPO Swiggy shares worth Rs 3,345 crore will become eligible for trading as their lock-in period expires....
30 Jan, 2025, 12.25 PM IST
Swiggy IPO: 9 executives who will make the most from ESOP windfallSwiggy's much-anticipated IPO debut on Wednesday has resulted in significant wealth creation for its employees, unlocking approximately Rs ...
13 Nov, 2024, 07.14 PM IST
As 500 Swiggy employees turn crorepatis after share listing, Zomato CEO Deepinder Goyal has an observation for them basis his experienceSwiggy's IPO created many new millionaires. Zomato's CEO Deepinder Goyal had warned about the challenges of sudden wealth. He said Zomato e...
13 Nov, 2024, 04.34 PM IST
Would prefer Zomato over Swiggy if asked to pick only one: Brokerage JM FinancialBrokerage JM Financial expressed a preference for Zomato over Swiggy, citing Zomato's market dominance and superior execution. The report h...
13 Nov, 2024, 11.22 AM IST
Swiggy’s IPO to unlock Rs 9,000 crore in Esop wealth for 5,000 employeesSo far, Swiggy has distributed Rs 500 crore in Esops, and the public listing could significantly boost returns for employee shareholders. S...
13 Nov, 2024, 10.43 AM IST
Swiggy market debut today: Here are things to knowFood and grocery delivery company Swiggy is set to make its debut on Dalal Street today. This Rs 11,300-crore IPO will be the biggest publi...
13 Nov, 2024, 08.47 AM IST