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Ecommerce isn't adding much to Retail Inc's cartAn ET analysis of eight major retailers-market leader Reliance Retail, Shoppers Stop, Westside, Arvind Fashions, DMart, Spencer's Retail, P...
Scootsy Logistics leases 120,000 sq ft warehousing space in Bhiwandi near MumbaiScootsy Logistics, part of Swiggy, has secured a large warehousing space in Bhiwandi. This move supports their expansion into bigger fulfil...
Swiggy incorporates step-down subsidiary to house its Instamart businessThe board of directors of the food and grocery delivery company Swiggy, in a meeting held on Tuesday, approved the sale and transfer of its...
Swiggy's Scootsy leases warehouse near MumbaiSwiggy's Scootsy Logistics has leased 580,000 sq ft of warehousing space in Bhiwandi, marking one of India's largest deals this year. The l...
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...
Blinkit gets Rs 1,500-crore cash boost from ZomatoThe cash infusion largely goes to cover Blinkit’s losses as it undertakes aggressive expansion and faces intense competition in the quick c...
Swiggy shares in focus as company plans Rs 1,000 cr investment in Scootsy's expansionSwiggy plans to invest up to Rs 1,000 crore in its subsidiary, Scootsy Logistics, through a rights issue to enhance supply chain and distri...
Swiggy to invest Rs 1,000 crore in wholly-owned arm ScootsyThe investment by the food delivery and quick commerce firm will be made for working capital and capex by the supply chain services and dis...
Swiggy shares climb over 5% after CLSA initiates coverage with buy rating, sees TP at Rs 708Swiggy share price: Swiggy's shares surged after CLSA initiated coverage with a Rs 708 target price, citing significant growth potential in...
Swiggy shares rally over 11%, extend gains after narrowing quarterly lossesSwiggy share price: Swiggy shares surged nearly 13% over two sessions, driven by narrowing losses and strong Q2 results. Revenue rose 30% Y...
Swiggy Q2 Results: Cons loss narrows YoY to Rs 625 crore, revenue jumps 30%Swiggy Q2 Results: Swiggy's food delivery business nearly doubled profitability, with adjusted EBITDA at Rs 112 crore, a 1.6% margin, and G...
Ahead of IPO, Swiggy commands a GMP of 4% over issue priceSwiggy's IPO is set to launch on November 6, with bidding open until November 8. The company has seen declining grey market demand, pricing...
Swiggy IPO: From issue details, selling shareholders to risks, here are 10 things to know from updated DRHPSwiggy's upcoming ₹10,000-crore IPO includes fresh shares and an OFS, aiming to enhance its platform and expand services. Key details revea...
Swiggy begins selling private label brand Supreme Harvest on InstamartThe brand is marketed by Scootsy Logistics Pvt Ltd and sells pulses, oils, spices, mixed seeds, flour, and other cooking essentials.
Swiggy expects food orders to return to pre-pandemic levels by year-endSwiggy's food delivery has recovered to around 80-85% of pre-Covid-19 levels in terms of order value.
Swiggy integrates Scootsy to deliver premium culinary offerings in MumbaiThis integration allows Swiggy to build on Scootsy's premium value proposition, its understanding of the niche consumer segment and existin...
End of the road for Scootsy as Swiggy plans to merge operationsThe move to combine the operations is expected to help Swiggy tap into Scootsy’s high-end customer and restaurant base, as it seeks to set ...
Running a start-up is a marathon, not sprint: Rishi Khiani, serial entrepreneurRishi Khiani's start-up, Scootsy, was acquired by food ordering and delivery platform Swiggy.
Swiggy acquires Scootsy in all-cash deal valued at Rs 50 croreOla-backed Foodpanda, is in the last leg of talks to acquire Mumbai-based cloud-kitchen player Holachef, which shut down operations about t...
Swiggy acquires Scootsy, Ola-backed Foodpanda in last leg to buy HolachefScootsy delivers close to 2,000 orders each day aided by some 700 delivery agents across its food and non-food delivery operations in south...