Swiggy Marks Public Listing with Ceremony and Recognition of Delivery Partners
To celebrate the occasion, the company also released a light-hearted video that linked the bell-ringing ceremony to the metaphorical significance of…
Zomato and Swiggy Address CCI Investigation, Affirm Compliance with Competition Laws
Zomato, in a regulatory statement, clarified that the CCI issued a preliminary order on April 4, 2022, mandating the Director General's office…
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…
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…
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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…
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…
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.
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…
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…
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
  • / 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.
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…
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…
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…
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 business, while Blinkit added Rs 2,301 crore from quick commerce.
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.
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 Bandhan celebration seamless.
Swiggy Launches New Marketing Services to Boost Restaurant Success
This offering, accessible to partners PAN-India, aims to support restaurants to boost their online brand presence by leveraging social media platforms such as Facebook, Instagram and WhatsApp.
  • By - Nusra
  • / 3 MIN READ
Swiggy Launches Market Intelligence Dashboard to Empower Restaurant Partners
This new dashboard aims to equip restaurants with the data they need to enhance their business strategies and operational efficiency.
  • By - Nusra
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Swiggy Announces $65 Mn Esop Buyback to Reward Employee Ownership
This buyback underscores Swiggy's ongoing efforts to incentivize and retain talent through ownership opportunities, reinforcing its commitment to fostering a culture of mutual success and engagement.
Swiggy Introduces 'Eatlists' to Transform Food Discovery and Sharing
This innovative feature allows food enthusiasts to create and share curated lists of their favorite dishes directly within the Swiggy app, similar to creating and sharing music playlists. This development highlights Swiggy's commitment to enhancing the retail food experience in India.
Swiggy Introduces 'Explore' Feature for Enhanced Food Discovery
Accessible through Swiggy's food ordering page, 'Explore' enables users to explore a curated selection of legendary eateries, hidden gems, bestseller dishes, and favorite cuisines from new restaurants.
Swiggy Launches Health Initiatives for Delivery Partners
In collaboration with Dial 4242 and the Reliance-powered Visit app, Swiggy has launched Mobile Medical Units (MMUs) and Teleconsultation Services as part of its 'Delivering Safely' charter.
Swiggy Gets Shareholders Approval to Raise over Rs 10,400 cr via IPO
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.
  • By - Nusra
  • / 2 MIN READ