Licious sees losses narrow 38%, revenues advance 9.5%Licious’s total expenses for FY23 stood at Rs 1,309.3 crore, up from the Rs 1,191.5 crore it had spent the previous year. Cost of materials...
29 Sep, 2023, 07.40 PM IST
Former Swiggy CTO Dale Vaz secures seed funding for new wealthtech ventureSwiggy’s former chief technology officer Dale Vaz on Friday said he had secured seed funding from venture capital funds Accel and Elevation...
08 Sep, 2023, 01.05 PM IST
Another top-level exit at Swiggy, SVP Anuj Rathi likely to leaveRathi will join a list of top executives at Swiggy, who have left the company in recent months.
29 May, 2023, 10.48 AM IST
Baron Capital slashes Swiggy’s valuation yet again to $6.38 billionBaron Capital had marked down Swiggy’s valuation by 34% to $7.1 billion as of December 2022, which ET reported on May 16.
27 May, 2023, 12.10 AM IST
In March, Swiggy’s food-delivery biz turned profitable, excluding Esop costs: CEO Sriharsha MajetyFood delivery platform Swiggy on Thursday announced that it has turned profitable as of March 2023.
18 May, 2023, 10.28 PM IST
Swiggy shuts gourmet grocery delivery service HandpickedSwiggy sold premium, gourmet, imported and hard-to-get grocery products through Handpicked.
03 May, 2023, 11.13 AM IST
Swiggy starts charging platform fee for food orders amid stagnant growthThe platform fee is levied in addition to the delivery charge, which is waived for customers of Swiggy One who make an upfront payment and ...
28 Apr, 2023, 10.03 PM IST
Swiggy CTO Dale Vaz resigns, to be replaced by senior VP Madhusudan RaoThe development comes just days after Karthik Gurumurthy, head of Swiggy’s quick-commerce vertical, Instamart, said he would step aside fro...
03 Apr, 2023, 05.05 PM IST
Swiggy to waive commission from new restaurants for a monthSwiggy said restaurant partners can potentially save up to Rs 20,000 through this initiative.
17 Mar, 2023, 06.16 PM IST
Swiggy sells cloud kitchen business to Kitchens@Kitchens@ said that after the acquisition, its combined gross merchandise value would be about $65 million, and the company plans to increa...
02 Mar, 2023, 08.40 PM IST
Meat delivery startup FreshToHome raises $104 million in funding led by Amazon Smbhav Venture FundExisting investors including Iron Pillar, Investcorp, Investment Corporation of Dubai, Ascent Capital and others also participated in the f...
22 Feb, 2023, 01.44 PM IST
Swiggy to lay off 380 Employees, says CEOThe food and grocery delivery company is the latest to join the swelling ranks of startups such as ShareChat, Dunzo, Rebel Foods, Hubilo, O...
20 Jan, 2023, 11.30 PM IST
Swiggy pilots premium grocery business with HandpickedUnlike its quick commerce business Instamart, the products listed on Handpicked will only be delivered the next day, and consumers can only...
31 Dec, 2022, 12.23 PM IST
Swiggy’s food delivery revenue grew 56% from April to Sept, Prosus saysProsus said in a blog post that the performance of its global food businesses, which include Bengaluru-based Swiggy, remained strong on the...
22 Nov, 2021, 07.34 PM IST
Swiggy to expand new membership programme to 500 citiesThe new membership programme went live in four cities including Lucknow, Pune, Trivandrum and Vijayawada on November 19.
22 Nov, 2021, 02.30 PM IST
Swiggy stops grocery marketplaceThe Bengaluru-headquartered company plans to replace the grocery marketplace with 'Instamart'.
20 Jan, 2021, 08.49 AM IST
Restaurants seek clarity on E-commerce FDI rule tweakRestaurants want to know if aggregators like Zomato, Swiggy and UberEats are covered under the new FDI rule.
31 Jan, 2019, 06.54 AM IST