Food delivery companies experienced consistent growth in their business from 2018 to 2020, with the percentage increasing from 43% to 52% during this period.
He also mentioned that the brand has focused on building more delivery partner-forward initiatives like the Swiggy Skills Academy, on-demand and free ambulance service, and an enhanced insurance policy for their safety and wellbeing.
The acquisition brings Swiggy on board as a stakeholder in Kitchens@, emphasizing the strength and stability of the company's financial performance and operations.
Food delivery platform, Swiggy and Zomato have lodged a complaint with the Delhi government regarding the issuance of fines to their two-wheeler delivery personnel under the pretext of the bike-taxi service ban in the capital.
With the integration of Dineout, Swiggy became the only platform to offer exclusive discounts and savings on dining out, food delivery, groceries, sending packages & more to its users.
These are the first independent directors on Swiggy’s board and join current members: Sriharsha Majety – CEO and Co-founder of Swiggy, Nandan Reddy, Co-founder of Swiggy amongst others.