Restaurant India News: Swiggy Stock Moves Ahead of Q2 Results; Analysts Predict Sequential Recovery in Losses
The upcoming earnings are expected to provide a clearer view of Swiggy’s progress toward profitability, especially as India’s quick commerce and food…
Restaurant India News: Swiggy Launches DeskEats 2.0 with 200,000 Desk-Friendly Dishes Across 30 Indian Cities
With DeskEats 2.0, Swiggy continues to expand its category leadership through insight-driven product innovation and strategic collaborations,…
Restaurant India News: Swiggy Introduces ‘No Added Sugar’ Food Category Across Major Indian Cities
The initiative also underscores a larger industry trend where food aggregators and restaurants are working together to redefine convenience dining…
Restaurant India News: Zomato, MakeMyTrip, and Swiggy Redefine Railway F&B with Seat Delivery at Scale
As the railway network continues to modernize and food delivery platforms expand their presence, the question for operators is no longer whether this…
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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…
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…
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…
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…
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…
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…
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…
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…
  • By - Nusra
  • Sep 27, 2024 / 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…