At the end of trading, Eternal’s market capitalisation stood at Rs 3,26,085.35 crore, positioning the company as the biggest gainer across both…
Toing avoids restaurant packaging fees and maintains lower platform fees at Rs 12, compared to Swiggy’s Rs 14.99. Additionally, it generally applies…
These platforms, which began as aggregators, are now competing directly with their restaurant partners by offering their own products.
The clarification settles a long-standing debate between platforms and the government over whether aggregators are liable to remit tax on delivery…
Deliveries can be made to either the sender or directly to the recipient within 10 to 60 minutes, positioning Giftables as a convenient solution for…
Swiggy's Q1 FY26 results showed a strong revenue growth of 54% year-on-year to Rs. 4,961 crores, but the net loss widened sharply to Rs. 1,197…
The service is designed for PNR-based seat delivery, running daily from 6:00 am to 11:00 pm, covering major college towns, temple cities, and tourist…
The partnership currently serves Mumbai, offering consumers access to thousands of high-end products on demand.
The Swiggy Orange-themed outlet marks their long-standing collaboration, with the design reflecting both brands’ focus on operational growth, mutual…
The platform crossed its total Rakhi sales from last year earlier in the week and has reported a 3.5x increase in Rakhi orders compared to the same…
While revenue continues to rise, escalating expenses and competition leave Swiggy in the red.
The change marks a shift in governance structure following the company’s 2024 IPO, with early investor representatives stepping down from their…
This launch spans 58 cities across Western and Southern India, including major hubs like Mumbai, Bangalore, Pune, Hyderabad, Chennai, Ahmedabad,…
Eternal, the parent company of Zomato and Blinkit, reported a marginal rise in its cash balance during the first quarter of FY26, despite significant…
Designed to capitalize on Dineout’s unique assets and leading position in the dining out space, the acquisition will enable Swiggy to cater to every food occasion.
Swiggy is formalising this process and intends to reserve at least 20 per cent of all fleet manager hires for its delivery executives, it added.
UrbanPiper clientele includes brands like McDonald's, Pizza Hut, KFC, Subway, Cure Foods, Taco Bell, Rebel Foods among others.
While the food delivery business has nearly doubled in gross order value (GOV) in the last year, this fund raise will enable Swiggy to further accelerate growth on the core platform and make meaningful investments to grow Instamart.
Starting Jan 1, food aggregators like Swiggy and Zomato will have to collect and deposit tax at 5 per cent rate.
Out of 200,000 delivery partners that Swiggy has, about 1,000 of them are women delivery partners; interestingly 99 per cent of them are under the age of 45 and 35 per cent of them want to continue further their studies.
The Bengaluru based food delivery platform also mentioned that its food delivery business had surpassed pre-Covid levels and non-food businesses were witnessing robust growth.
One of the reasons for designing such a proposal was that there was no mandatory registration check by these players and there were unregistered restaurants supplying through these apps.
The funding round also saw participation by existing investors, Accel Partners and Wellington Management apart from new investors including; Qatar Investment Authority, Falcon Edge Capital, Amansa Capital, Goldman Sachs, Think Investments and Carmignac.
Swiggy was founded by Nandan Reddy, Sri Harsha Majety and Rahul Jaimini in 2014. Rahul exited the company last year by co-founding an education start-up.
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