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 Launches XL EV Fleet for Bulk Orders in Gurugram
This fleet, which consists of electric vehicles (EVs), is designed to handle large food orders in a single trip, enhancing the efficiency of food delivery.
Swiggy files for IPO: 5 Things you Need to Know
According to the DRHP the proceeds of the IPO will be used for investment in its subsidiary Scootsy, for expansion of its dark store network for its quick commerce segment, setting up dark stores, investment in technology and cloud infrastructure and funding its inorganic growth.
  • By - Nusra
  • / 3 MIN READ
Swiggy Launches ‘Project Next’ to Provide Career Growth for Delivery Partners and Boost Restaurant Onboarding
This project is part of the broader “Swiggy Skills” initiative, which offers training, internships, and employment within Swiggy’s value chain.
Swiggy Plans IPO to Raise Over $1 Bn Amid Growing Share Sale Activity
The Bengaluru-based company aims to raise over $1 billion through the IPO, pending approval from India’s Securities and Exchange Board of India (SEBI).
Swiggy Aims to Raise Rs 5,000 Cr Through Fresh Issue Ahead of IPO
The decision to increase the fundraising target will be discussed at an extraordinary general meeting (EGM) scheduled for October 3, according to a formal notice sent to shareholders.
Swiggy's New Incognito Mode Keeps Orders Private
Swiggy’s recent feature updates, including Group Ordering, Eatlists, Explore Mode, and Similar Carts, demonstrate the company’s ongoing efforts to enhance user engagement and convenience on the platform.
Swiggy Demonstrates Strong Financial Performance Ahead of IPO
In comparison, Zomato’s overall revenue for FY24 surged by 71 percent to Rs 12,114 crore. Of this, Rs 6,161 crore came from its food delivery business, while Blinkit added Rs 2,301 crore from quick commerce.
Swiggy Eyes $15 Bn Valuation in Anticipated IPO
The company aims to raise between $1 billion and $1.2 billion through this offering, making it one of the most substantial IPOs in India this year.
Swiggy’s Group Ordering Feature Sees Strong Uptake During Raksha Bandhan
In one notable instance, a family in Bangalore used the Group Ordering feature to coordinate a single order involving 34 people, making their Raksha Bandhan celebration seamless.
Swiggy Launches New Marketing Services to Boost Restaurant Success
This offering, accessible to partners PAN-India, aims to support restaurants to boost their online brand presence by leveraging social media platforms such as Facebook, Instagram and WhatsApp.
  • By - Nusra
  • / 3 MIN READ