Swiggy Transitions to Public Limited Company Ahead of IPO
Swiggy is part of a cohort of modern internet firms aiming to debut on public stock exchanges.
Hyderabad Swiggy User Splurges Rs 7.3 Lakh on Idlis in a Year
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,…
Despite Losses, Swiggy Forges Ahead with IPO Plans
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…
Simpl Expands Zomato Integration with 1-Tap Checkout on Gold, Intercity Legends & Everyday
By integrating Simpl's 1-Tap Checkout into Zomato, both companies anticipate the participation of millions of new and existing users, broadening…
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Swiggy Launches Nationwide 'Delivering Safely' Charter for Delivery Partner Safety
Swiggy introduced an industry-first on-demand ambulance service, with an average response time of 11 minutes, for its delivery partners and their…
Zomato Reports Q3 Net Profit of Rs 138 Crore
The company recorded an increase in total expenses, reaching Rs 3,383 crore, up from Rs 2,485 crore in the same period last year
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
  • / 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.
Zomato and Stripe Receive RBI Approval for Online Payment Aggregator
Zomato announced that its subsidiary, Zomato Payments Pvt Ltd has received approval from the RBI to function as a payment aggregator.
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…
Bus aggregator Shuttl enters food delivery space
Shuttl has launched meals on buses for daily commuters, entering into the food delivery space.
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.
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.
Zomato Increases Platform Fee by 33 percent in Major Markets
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 Refutes Acquisition Talks with Shiprocket Amidst Rumors
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.
Swiggy's Pockethero: Affordable Dining Redefines Food Delivery
Users can explore Pockethero by accessing the Swiggy app, locating it within the Food category, conveniently positioned alongside the Offer zone.
Anand Kripalu Joins Swiggy Board as Independent Director and Chairperson
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.
Swiggy's H1 FY24 Food Delivery Revenue Hits $1.43 Billion, Up 17 pc: Prosus
Swiggy's gross merchandise value (GMV) continues to exhibit growth at 28%, supported by improving operational metrics.
Zomato's Q2 PAT Hits Rs 36 Crore amid Soaring Revenues
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.
Data Insight Platform Launched by Zomato to Support Restaurant Partner
Restaurant partners can utilize this platform to access valuable information regarding demand and supply gaps, pricing distribution, and trending demands for various dishes or cuisines.
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.
Cloud-Kitchen Brand The Ghost Chef launches 'IL Sale'
‘Il Sale’ is the translation of salt in Italian, just like the first two brands under its name - ‘Namak’ and ‘Alas’ meaning salt in Hindi and Greek, respectively.
  • By - Nusra
  • / 2 MIN READ
Chef Anuj Wadhwan's Ah So Yum opens outlet in Greater Kailash
Chef Anuj Wadhawan is a young chefpreneur who aims at balancing the taste and business of his venture Ah So Yum, a Pan Asian Delivery service, running successfully in Delhi/NCR since 2019.
  • By - Nusra
  • / 3 MIN READ