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LATEST SWIGGY UPDATES
Byju's Aakash endgame; Startup deal street wakes upHappy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.- Forget scrolling, DoorDash's new AI chatbot lets you order dinner like you're chatting with a friendDoorDash on June 11th launched a new AI-powered chatbot that lets users order food, groceries, and restaurant reservations using simple pro...
- Zepto overtakes Instamart in order count, trails Blinkit in scale and profitabilityFor the January-March quarter of FY26, Blinkit reported a net order value of Rs 14,386 crore, compared with Zepto’s calculated net order va...
- Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.
- 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...
- 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...
- Motilal Oswal upgrades Swiggy to ‘buy’ rating, sees 32% upside potential. Should you invest?Motilal Oswal projects stronger growth for food delivery and quick commerce, upgrading Swiggy to ‘buy’ with a Rs 560 target and maintaining...
- From pet insurance to GIFs: How companies are adapting to attract and retain Gen Z employeesCorporate India is adapting to attract Gen Z employees by offering flexible work policies, unique perks like pet insurance, and emphasizing...
- Swiggy takes on Zomato’s Hyperpure with B2B kitchen supplies platform AssureAccording to the app description, Assure claims to offer "locally sourced, high-quality, and fresh ingredients" and says it adheres to hygi...
- IPO-bound Swiggy grants $271 million Esops to founder Sriharsha Majety, top managementOf this, the food and grocery delivery major’s founder and group CEO Sriharsha Majety gets $200 million worth Esops. The Esop 2024 scheme c...
- Swiggy shareholders give nod to up IPO fresh issue component to Rs 5,000 croreEarlier, the food and delivery platform had planned a fresh issue of Rs 3,500 crore and OFS of 185.3 million shares.
- US investor Invesco raises fair value of Swiggy, reduces valuation of Pine LabsThis comes days after Swiggy filed an updated red herring prospectus for its upcoming public issue of Rs 10,000 crore. The food delivery co...
- Swiggy files updated prospectus, to raise Rs 3,750 crore in IPOThe offering consists of Rs 3,750 crore of fresh capital raise and an offer for sale component of 185.3 million shares. Swiggy last raised ...
- Amazon’s q-comm move; green shoots for IT sectorHappy Monday! Amazon wants to catch up in the quick commerce race. We have a Monday AM scoop on the latest from the US ecommerce major in t...
- Swiggy integrates Mall offering with InstamartSwiggy merges Mall with Instamart, following Zepto's non-grocery sales success. Quick commerce attracts smaller D2C firms due to robust gro...
- Baron Capital marks Swiggy valuation at $12.1 billion, up 13% from last fundraiseBaron Capital, which participated in Swiggy's $700-million funding round in January 2022, has increased the fair value of its holding in Sw...
- Swiggy workers go on strike again, this time in DelhiSwiggy delivery personnel went on strike in Bengaluru last week and in Mumbai earlier.
- E-commerce brands biggest spenders during 1st leg of IPL 2021, followed by durables, auto sectorsSanchita Roy, head - strategy, Havas Media Group India, said that across the brands that the company tracked as part of the study, saw posi...
- Flipkart lands a biggieFrom Flipkart's new funding to Paytm shareholders giving a go-ahead for its upcoming IPO and WhatsApp's new privacy policy problem, here's ...
- Swiggy, Zomato urge customers to move to digital paymentsThe option is, however, available only for those who have opted for a prepaid order and not cash on delivery.
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