Angel investors such as founders of Urban Company Abhiraj Bhal and Varun Khaitan, former Swiggy Instamart head Karthik Gurumurthy and other...

Sachin Tendulkar is set to launch sports athleisure brand with former Swiggy Instamart head Karthik Gurumurthy. Incubated by Whiteboard Cap...

Swiggy appointed Sairam Krishnamurthy as chief operating officer and senior vice president for Instamart. Krishnamurthy's past roles includ...

Himavant Srikrishna Kurnala has also been made a senior vice president (SVP), was previously the chief product officer for Reliance Retail’...

InsanelyGood currently operates in Bengaluru only after a scaledown from six cities last year to reduce cash burn. Orders placed on the ser...

Swiggy has appointed Ashwath Swaminathan, a former executive from Hindustan Unilever, as its chief growth & marketing officer. Swaminathan ...

Several high-level executives have exited IPO-bound Swiggy over the last year, including senior vice president Karthik Gurumurthy, who buil...

Baron Capital had marked down Swiggy’s valuation by 34% to $7.1 billion as of December 2022, which ET reported on May 16.

Swiggy sold premium, gourmet, imported and hard-to-get grocery products through Handpicked.

The platform fee is levied in addition to the delivery charge, which is waived for customers of Swiggy One who make an upfront payment and ...

Vaz, who had joined Swiggy as its head of engineering and data science, was promoted to the CTO post in 2020 after Rahul Jaimini, who cofou...

The development comes just days after Karthik Gurumurthy, head of Swiggy’s quick-commerce vertical, Instamart, said he would step aside fro...

Oravel Stays, which operates budget hospitality chain Oyo, has pre-filed its IPO papers with the stock market regulator Sebi on Friday unde...

Gurumurthy said some of Instamart’s dark stores, of which there are more than 300 across India, are already profitable.

Gurumurthy is likely to be heading a new business in the broader ecommerce space at Swiggy. Internally, it is being called Instamart Max.

During the funding boom last year, quick commerce grocery startups attracted significant venture capital interest despite no proven profita...

Startups like Swiggy Instamart, Zepto, and Reliance-backed Dunzo, etc are trying to defy the current slowdown, as they add more goods and d...