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SWIGGY CORPORATE RESTRUCTURING
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's Majety on Instamart's momentum; Adani eyes display pivotHappy Friday! Instamart is taking on quick commerce rivals with its own strength. This and more in today's ETtech Morning Dispatch.12 Sep, 2025, 07.15 AM IST
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.10 May, 2025, 08.14 AM IST
- Presenting the jury for The Economic Times Awards for Corporate ExcellenceMeet the high-powered jury that will pick the winners of India Inc’s most prestigious awards: The Economic Times Awards for Corporate Excel...25 Feb, 2025, 11.14 AM IST
- Layoffs in 2024: These startups grappled with workforce cutsThe year witnessed notable layoffs, with numbers ranging from a few hundred to a few thousand, at companies like Ola Electric, Paytm parent...31 Dec, 2024, 07.21 AM IST
- Swiggy’s Rs 5,085 crore raise ahead of IPO; PB Fintech’s financialsThe anchor portion of Swiggy's initial public offering (IPO) closed on Tuesday. This and more in today’s ETtech Morning Dispatch.06 Nov, 2024, 07.32 AM IST
- Startups’ pink slip count falls to 10,000 amid funding bluesFiring in first half of 2024 lesser than H2, H1 of ’23, signalling a slight recovery. Ola Electric is in the final stages of laying off ove...16 Jun, 2024, 06.00 AM IST
- Startup layoffs in 2024: Ola Electric, Byju’s, Flipkart among firms shedding jobsIndian startups and large new-age companies have been cutting down their workforce since the beginning of this year.04 Jun, 2024, 04.11 PM IST
- Swiggy’s FY23 revenue grows 45% to Rs 8,265 crore; net loss expands 15%Food and grocery-delivery firm Swiggy spent heavily during the year on scaling up its quick-commerce vertical Instamart taking its total ex...31 Jan, 2024, 10.27 AM IST
- Swiggy to lay off 6% of workforce impacting 400 jobs ahead of IPOSwiggy is set to cut its workforce by 6% affecting 350-400 roles across teams like technology, call centre, and corporate roles, with senio...26 Jan, 2024, 01.22 AM IST
- Swiggy CEO says food-delivery biz turned profitable in March, Zomato's Deepinder Goyal tweets ‘nicely done’“As of March 2023, Swiggy’s food delivery business has turned profitable (after factoring in all corporate costs; excluding employee stock ...19 May, 2023, 11.57 AM IST
- Swiggy shutters Supr Daily operations across five citiesSwiggy acquired Supr Daily, a delivery app for milk, bread, and other grocery items, in 2018. Kishan, who was given the cofounder title las...11 May, 2022, 12.42 PM IST
- Fintech firm LegalPay gets funding from US hegde fund HedonovaFounded in 2020, LegalPay competes with restructuring giants such as Edelweiss, KKR, Eight Capital, which generally focusses on high-ticket...02 Feb, 2022, 09.53 PM IST
- Battered by Covid-19, Oyo terminates lease contracts for two Gurgaon officesThe Covid-19 pandemic has resulted in Oyo undertaking a significant number of employee layoffs and furloughs, enforcing pay cuts and shutte...17 Jul, 2020, 10.13 AM IST
- Uber Technologies will not dial down on its food delivery service-Uber Eats in IndiaEarlier this month, ET reported that Uber’s food delivery service has seen a significant churn in leadership, with two top executives — Ind...23 Oct, 2019, 09.18 AM IST
- Uber lays off 350 people, under 10% based in IndiaThese terminations will impact all of Uber’s businesses in the country, including uberEats16 Oct, 2019, 01.52 PM IST
- India is now home to Uber’s businesses in the countryBooming food delivery business is making global majors rework India ops. While Uber is bringing its India arm HQ into the country, Amazon w...04 Oct, 2019, 08.16 AM IST
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