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Swiggy
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…
By -
Rishabh Sharma
Nov 12, 2024 / 3 MIN READ
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…
By -
Rishabh Sharma
Nov 11, 2024 / 5 MIN READ
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…
By -
Rishabh Sharma
Nov 07, 2024 / 2 MIN READ
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…
By -
Rishabh Sharma
Oct 29, 2024 / 3 MIN READ
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.
By -
Rishabh Sharma
Oct 28, 2024 / 3 MIN READ
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…
By -
Rishabh Sharma
Oct 23, 2024 / 5 MIN READ
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…
By -
Rishabh Sharma
Oct 07, 2024 / 4 MIN READ
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.
By -
Rishabh Sharma
Sep 17, 2024 / 4 MIN READ
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…
By -
Rishabh Sharma
Sep 16, 2024 / 2 MIN READ
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…
By -
Rishabh Sharma
Sep 11, 2024 / 3 MIN READ
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…
By -
Rishabh Sharma
Sep 06, 2024 / 3 MIN READ
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…
By -
Rishabh Sharma
Sep 05, 2024 / 3 MIN READ
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.
By -
Rishabh Sharma
Aug 26, 2024 / 3 MIN READ
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…
By -
Rishabh Sharma
Aug 21, 2024 / 4 MIN READ
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