Started in 2014, Swiggy has a valuation of USD 12.7 billion as on April 10, 2024. Its annual revenue stood at USD 1.09 billion as on March 31, 2023.
These developments come on the heels of the company receiving tax demands and penalty orders from authorities.
He added that earlier large orders were handled by multiple delivery partners and the customer experience was not what the company aspired for.
Nearly 6 million servings of Biryani were ordered during this period, representing a 15% surge compared to typical months.
Swiggy is part of a cohort of modern internet firms aiming to debut on public stock exchanges.
Swiggy has collaborated with Shikara operators who will support local delivery partners experienced in navigating Shikaras to reach the houseboats.
The examination also discloses that the prime period for Idli orders spans from 8 AM to 10 AM, with individuals from cities such as Bangalore,…
According to the document, losses amounted to 17.3 billion rupees (equivalent to USD 207 million) for the period spanning from April to December 2023…
By integrating Simpl's 1-Tap Checkout into Zomato, both companies anticipate the participation of millions of new and existing users, broadening…
Swiggy introduced an industry-first on-demand ambulance service, with an average response time of 11 minutes, for its delivery partners and their…
The food delivered to passengers will be packed in insulated Swiggy bags to keep the meal warm and fresh.
As CIO, Spessard will assume responsibility for all aspects of Wendy's global technology efforts, including Restaurant Technology, Data…
Cartken’s Model C robots use AI and computer vision technologies to navigate their environments.
According to a report, this transition occurs as the company prepares for its upcoming initial public offering (IPO), with plans to file draft public…
The Gurugram-headquartered company implemented a uniform flat platform fee in August 2023, initially set at Rs 2 per order and subsequently raised to Rs 3 in most significant markets.
Zomato's CEO, Deepinder Goyal, dismissed reports of a $2 billion acquisition offer for Shiprocket, affirming that the company currently isn't considering any acquisition.
Users can explore Pockethero by accessing the Swiggy app, locating it within the Food category, conveniently positioned alongside the Offer zone.
The partnership between Flower Aura and these platforms is geared towards making their diverse range of cakes more accessible to customers, aiming to improve convenience and reach.
Anand Kripalu's extensive experience in consumer goods will play a crucial role in steering Swiggy's innovation and evolution within India's on-demand delivery sector.
During the current quarter, the revenue from operations amounted to Rs 2,848 crore, marking a significant increase from the Rs 1,661 crore recorded in the corresponding period last year.
Similarly, private equity firm Tiger Global, also sold its remaining 11.24 billion rupees stake in the company after cutting 2.34% stake last year.
As part of this collaboration, IRCTC has initiated a Proof of Concept (PoC) at five prominent railway stations: New Delhi, Prayagraj, Kanpur, Lucknow, and Varanasi.
Swiggy’s Capital Assist Program which was launched in 2017 is a first-in-the-segment solution designed to bridge the financing gap and empower restaurant owners.
The Learning Station is accessible to all the 3,00,000 restaurant partners. Aligning with its foundational values of curiosity and perpetual learning, Swiggy's launch of the Learning Station reflects its commitment to fostering restaurant partners' progre
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