Mallika Srinivasan Resigns from Swiggy's Board as Independent Director
According to a report, this transition occurs as the company prepares for its upcoming initial public offering (IPO), with plans to file draft public…
Tata Group to Enter Food Delivery Segment; Challenge Swiggy, Zomato
The Tata Neu app currently features a food category section, displaying menus exclusively from restaurants affiliated with the Tata Group's…
Swiggy Appoints Ashwath Swaminathan as Chief Growth & Marketing Officer
Ashwath will be responsible for building and executing Swiggy’s growth and marketing strategy designed to engage new and returning customers, driving…
  • By - Nusra
  • Feb 01, 2024 / 3 MIN READ
Swiggy's FY23 Revenue Hits Rs 8,265 Crore, Net Loss Widens by 15%
The company's marketing expenditure rose to Rs 2,362 crore, constituting 28% of operating revenue in FY23, a decrease from 44% in FY22.
Swiggy Becomes First Food Delivery Platform to Reach Lakshadweep
Taking an eco-friendly approach to preserve the beauty of the island, all deliveries will be solely made on bicycles.
  • By - Nusra
  • Jan 25, 2024 / 5 MIN READ
Swiggy Teases Rs 10 Rise in Platform Fee
This move follows the company's introduction of the platform fee model in April 2023, where an initial extra charge of Rs 2 was applied to…
Swiggy moves Beyond Food Delivery, Opens Stores
With Stores, Swiggy wants to become the one-stop delivery app that enables access to every store in the city.
Barista in advanced talks with food delivery platforms for food delivery
Barista is also planning to add around 40 more stores in the next three months.
Swiggy Ahmedabad Head Moves, Restaurants Continue to Boycott
The list of demands put forth by the industry includes – lowering commission, 100% payment made to restaurants in case of cancellation, processing…
Swiggy launches food-themed WhatsApp stickers
Presently, the sticker packs are live on the PlayStore. They will soon be available for iOS.
Food aggregators like Swiggy, Zomato delist 10,500 unlicensed eateries
The move comes after FSSAI had directed the food delivery platforms to de-list all unlicensed and non-registered restaurants from their listings.
Swiggy expands to 8 new cities in the country
These new cities include Dehradun, Puducherry, Mysore, Vijayawada, Nashik, Guwahati, Kanpur and Ludhiana.
Zomato, swiggy begin delisting restaurant partners without FSSAI license
FSSAI, in July, had instructed all major foodtech players to delist non-compliant restaurant partners to ensure food hygiene and safety.
Swiggy starts marketplace program for restaurant partners
‘Swiggy Packaging Assist’ will offer restaurants access to a variety of packing solutions according to the needs of their menu.
Invesco Boosts Swiggy's Valuation to $8.3B in US Investment
In FY23, Swiggy incurred losses totaling about $545 million, marking an 80% surge from approximately $300 million in FY22.


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