Indians are embracing delivery apps, placing millions of orders every day for everything from biryani to cell phones. Swiggy, one of India’s biggest on-demand convenience platforms, received 923 ...
Swiggy had earlier said that it would deploy Rs 4,475 crore from the QIP proceeds towards expanding its quick commerce network. Its quick commerce unit Instamart is locked in a battle for market share ...
Swiggy Ltd’s large ₹10,000 crore qualified institutional placement (QIP) comes barely a year after its initial public offering (IPO). For investors, this appears to be a message that the company is ...
Listed foodtech startup Swiggy has rolled out a short-form promotional video feature under its Dineout segment Under this feature, users can scroll through a “reels” like feed within the app ...
Intensifying competition in India’s online grocery delivery space is weighing on the shares of market leader Eternal Ltd. and its listed rival Swiggy Ltd. Eternal’s shares dropped nearly 4% last week ...
Sept 23 (Reuters) - Indian food and grocery delivery platform Swiggy (SWIG.NS), opens new tab said on Tuesday it would offload its entire 12% stake worth $270 million in ride-hailing platform Rapido.
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To cater to price-conscious consumers, Swiggy is stepping into a new space with the launch of Toing, an affordable food delivery app. With this move, the food-tech giant looks to expand its reach ...
Meanwhile, both apps now face a new competitor in the form of Ownly, a food delivery platform launched by Rapido. It is currently limited to Bengaluru and nearby areas. However, the platform aims to ...
Food and quick commerce platform Swiggy is eyeing overall profitability between December 2025 and June 2026, with its quick commerce vertical Instamart playing a central role in driving the turnaround ...