Restaurant India News: Zomato's Parent mcap surges to Rs 3.26 lakh Cr
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…
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…
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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…
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…
Swiggy plans to raise around $40 million
Swiggy sought to be valued at about $100 million ahead of its latest fundraising, said an investor familiar with the deal.
Swiggy says Vanakkam to Chennai
With the launch of Chennai, Swiggy has now strengthened its foothold in the country covering all major metro and tier-1 cities.
Burger King collaborates with food ordering app Swiggy
Burger King is now all set to deliver a ˜melt in the mouth™ experience to its consumers at lightning fast speed, collaborating with Swiggy for a quick and seamless ordering experience.
Paytm to host biggest Online Food Festival from 9th-12th October
Paytm has tied up with leading Indian online food ordering platforms such as Foodpanda, Dominos, Zomato, Swiggy, Faasos, Tiny Owl and Holachef along with Offline QSR chains.
Online food service provider Swiggy secures $ 16.5 mn from group of investors
According to the statement, more than 50 per cent of daily orders have shifted from the website to the app in a short period of time.
Swiggy to Feed 5 lacs Meal to to the needy, partners with Commercial Kitchens, NGOs
On the ‘Hope, Not Hunger' initiative by the company, Swiggy CEO Sriharsha Majety said these are challenging times for the service industry including the food sector.
  • By - Nusra
  • / 2 MIN READ
Swiggy Bags $112 million in Series I round funding from Naspers, others
Apart from the above investors, Swiggy counted DST Global, Bessemer Venture Partners, Norwest Venture Partners, Accel Partners, Saif Partners etc among its investors.
  • By - Nusra
  • / 3 MIN READ
Swiggy seeks investors attention to raise up to $500 mn Fund
Swiggy held talks with a host of new investors including SoftBank, growth equity firm General Atlantic and a couple of Chinese hedge funds for the new round.
Global hedge fund Coatue Likely To Buy stake in Swiggy
Coatue and Meituan-Dianping, besides two other investors who could not be identified, are in talks to invest in Swiggy, which was valued at $700 million last month
Ola Acquires FoodPanda India Business To Further Invest $200 Million
Ola is focused on diversifying its offerings by making an acquisition in the food delivery segment