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…
Prosus Reports 80% Increase in Swiggy's Jan-Dec loss, 27% growth in food-delivery GMV
Overall, the food delivery business for the investment firm grew and it cited growing importance of convenience in people’s daily lives as one of the main contributor.
  • By - Nusra
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Zomato and Swiggy's IPL Impact: Meager 7% Growth in Food-Delivery Business, Says Report
Food delivery companies experienced consistent growth in their business from 2018 to 2020, with the percentage increasing from 43% to 52% during this period.
Swiggy's Food Delivery Biz has turned Profitable as of March 2023: CEO Sriharsha Majety
He also mentioned that the brand has focused on building more delivery partner-forward initiatives like the Swiggy Skills Academy, on-demand and free ambulance service, and an enhanced insurance policy for their safety and wellbeing.
  • By - Nusra
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Swiggy Expands its Premium Food Delivery Service Gourmet to 31 Cities Across India
Swiggy will additionally launch the service in 16 new cities including Dehradun, Pondicherry, Ludhiana, Udaipur, and more.
  • By - Nusra
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Zomato's Gold program boosts market share against Swiggy: HSBC report
The report predicts that Zomato's market share will rise to 57% in the fiscal year 2023-24 (April-March).
Kitchens@ Acquires Swiggy's Cloud kitchen Biz 'Access Kitchen'; Targets 700 Kitchens
The acquisition brings Swiggy on board as a stakeholder in Kitchens@, emphasizing the strength and stability of the company's financial performance and operations.
  • By - Nusra
  • / 4 MIN READ
Swiggy and Zomato contest Delhi RTO's bike-taxi ban interpretation
Food delivery platform, Swiggy and Zomato have lodged a complaint with the Delhi government regarding the issuance of fines to their two-wheeler delivery personnel under the pretext of the bike-taxi service ban in the capital.
Swiggy Launches Dineout Offerings for all Users
With the integration of Dineout, Swiggy became the only platform to offer exclusive discounts and savings on dining out, food delivery, groceries, sending packages & more to its users.
  • By - Nusra
  • / 3 MIN READ
Swiggy Appoints Delhivery CEO, 2 Others as Independent Board of Directors
These are the first independent directors on Swiggy’s board and join current members: Sriharsha Majety – CEO and Co-founder of Swiggy, Nandan Reddy, Co-founder of Swiggy amongst others.
Swiggy to Fire 10% of its Employees Post Evaluation
In order to decrease cash burn, Swiggy's quick commerce delivery service Instamart is also anticipated to be impacted by the impending layoffs.