Eternal-owned Zomato and Blinkit, which lead the food delivery and quick commerce segments, together delivered over 75 lakh orders on New Year’s Eve.
The workers had earlier staged a similar strike on Christmas Day, December 25, over the same demands.
The quick commerce segment continues to attract significant investor interest and competitive movement, with Zepto reportedly preparing confidential…
A QIP allows listed companies to raise capital by issuing shares to institutional investors such as mutual funds and insurance firms. Swiggy plans to…
This launch is part of Swiggy’s ongoing effort to strengthen its health-forward offerings as customers increasingly prioritise nutrition and wellness…
Swiggy has shortlisted three banks to manage its planned share sale — the Indian units of Citigroup Inc. and JPMorgan Chase & Co., along with…
A key provision under the newly implemented framework is the introduction of formal definitions for “gig work”, “platform work” and “aggregators”
Along with widening its network, the platform has extended its meal pre-order window from 24 hours to 96 hours, allowing passengers to plan their…
As the food delivery sector continues to shift, Swiggy remains focused on refining its strategy to meet the demands of a fast-changing consumer base.
The upcoming earnings are expected to provide a clearer view of Swiggy’s progress toward profitability, especially as India’s quick commerce and food…
With DeskEats 2.0, Swiggy continues to expand its category leadership through insight-driven product innovation and strategic collaborations,…
The initiative also underscores a larger industry trend where food aggregators and restaurants are working together to redefine convenience dining…
As the railway network continues to modernize and food delivery platforms expand their presence, the question for operators is no longer whether this…
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…
“The restaurant industry consists of lakhs of small businesses, mostly run by small and family entrepreneurs, and their interests need to be kept in…
With the new round of funding, Swiggy also see entry of new investors like China’s Tencent and hedge funds Hillhouse Capital and Wellington…
In case where the food samples are found to be non- conforming, penal action has been initiated.
Swiggy which has operations in over 50 cities is looking to roll-out the initiative in about 400 campuses, all over India.
The other demands made by the working staff were the regularisation of per mile compensation.
The investment round is expected to go up to $900 million.
The company is aiming to create an inclusive workforce by deploying more women as delivery personnel across the country.
With the addition of these new cities, the food ordering and delivery platform is now present in 44 cities across the country.
The company saw its top-line surge in FY18 as it expanded its geographic footprint across India.
Out of the $900 million being raised, about $600 million would be invested as primary capital into Swiggy.
Copyright © 2009 - 2026 Restaurant India.