Restaurant India News: Swiggy Targets Budget-Conscious Diners with New ‘Toing’ App in Pune
Toing avoids restaurant packaging fees and maintains lower platform fees at Rs 12, compared to Swiggy’s Rs 14.99. Additionally, it generally applies…
Restaurant India News: Restaurant Industry Pushes Back Against Zomato and Swiggy’s Private Label Q-Commerce Apps
These platforms, which began as aggregators, are now competing directly with their restaurant partners by offering their own products.
Restaurant India News: Zomato and Swiggy Face Rs 180–200 Crore Annual GST Liability After Council Clarification
The clarification settles a long-standing debate between platforms and the government over whether aggregators are liable to remit tax on delivery…
Restaurant India News: Swiggy Enters India’s Gifting Market with Personalized, AI-Powered Options
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…
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Restaurant India News: Zomato, Swiggy Hikes Platform fee by Rs.12 & Rs. 15
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…
Restaurant India News: Swiggy Expands Food on Train Service to 115 Stations Across 28 States
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…
Quick Commerce Goes Premium: Food Square Joins Instamart’s 35,000+ Product Lineup
The partnership currently serves Mumbai, offering consumers access to thousands of high-end products on demand.
Restaurant India News: Swiggy and Marrakesh Mark a Decade of Partnership with New Pune Outlet
The Swiggy Orange-themed outlet marks their long-standing collaboration, with the design reflecting both brands’ focus on operational growth, mutual…
Restaurant India News: Instamart Sees 3.5x Jump in Rakhi Orders as Festive Shopping Starts Early
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…
Restaurant India News: Swiggy’s Q1 FY26 Loss Signals Deeper Profitability Challenges in Delivery Business
While revenue continues to rise, escalating expenses and competition leave Swiggy in the red.
Restaurant India News: Swiggy Strengthens Governance as Faraz Khalid Joins Board
The change marks a shift in governance structure following the company’s 2024 IPO, with early investor representatives stepping down from their…
Restaurant India News: Swiggy, McDonald’s India Launch Exclusive High-Protein Burger Line in 58 Cities
This launch spans 58 cities across Western and Southern India, including major hubs like Mumbai, Bangalore, Pune, Hyderabad, Chennai, Ahmedabad,…
Restaurant India News: Zomato Parent Eternal Builds Rs 18,857 Crore War Chest, Outpaces Swiggy in Cash Reserves
Eternal, the parent company of Zomato and Blinkit, reported a marginal rise in its cash balance during the first quarter of FY26, despite significant…
Restaurant India News: Swiggy Announces Rs 150 Crore in New ESOP Grants Despite Rising Losses
According to a filing with the National Stock Exchange dated July 11, Swiggy issued 38.86 lakh stock options under its ESOP 2024 plan. The grant is…
Swiggy Expands Bolt Quick Food Delivery to Over 400 Cities
This service focuses on delivering dishes with minimal or no preparation time from a network of over 40,000 participating restaurants, offering a selection of over 10 lakh items.
Swiggy Acquires Team Mumbai in the World Pickleball League
The WPBL seeks to offer a unique lifestyle experience, aiming to unite people through their shared enthusiasm for pickleball.
Swiggy Marks Public Listing with Ceremony and Recognition of Delivery Partners
To celebrate the occasion, the company also released a light-hearted video that linked the bell-ringing ceremony to the metaphorical significance of “ringing different bells” throughout Swiggy’s delivery process.
Zomato and Swiggy Address CCI Investigation, Affirm Compliance with Competition Laws
Zomato, in a regulatory statement, clarified that the CCI issued a preliminary order on April 4, 2022, mandating the Director General's office to examine possible violations of the Competition Act.
Swiggy Strengthens Leadership Team with Key Appointments in Food Delivery and Quick Commerce
The new appointments of Shalabh Shrivastava as Senior Vice President of Driver Org and Hari Kumar G as Senior Vice President and Chief Business Officer for Swiggy Instamart aim to enhance Swiggy’s operational efficiency and market reach.
CCI Report Flags Possible Market Imbalance in Zomato and Swiggy Operations
Allegations include preferential treatment for specific restaurant partners, which the CCI had deemed worthy of scrutiny after a complaint from the National Restaurant Association of India (NRAI) in April 2022.
Swiggy’s IPO Gains 12 Pc Subscription on First Day Amid Moderate Institutional Interest
High net worth individuals (HNIs) subscribed to 6 percent of their designated portion, retail investors contributed 54 percent, and employees subscribed 74 percent.
Swiggy's IPO Set to Launch, Expected to Raise Rs 11,327.4 Cr
The fresh issue size for Swiggy’s IPO has been revised to Rs 4,499 crore, an increase from the previously proposed Rs 3,750 crore, yet still within the board-approved limit of Rs 5,000 crore.
Swiggy Adjusts IPO Valuation Amid Market Volatility
This adjustment comes as market volatility and the underwhelming debut of Hyundai India affect investor sentiment, according to two sources.
Swiggy Launches "Swiggy Seal" to Elevate Food Hygiene Standards Across Restaurant Partners
The Swiggy Seal program is part of the company's broader effort to build trust among consumers and help restaurant partners uphold high hygiene standards.