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Swiggy News

19 Nov 2024

Swiggy Has Let Its Leadership Slip Away --Motilal Oswal's ‘Neutral’ Rating

On Swiggy versus Zomato, MOFSL said that a cursory glance through the numbers indicates Zomato now has market leadership across food delivery and quick commerce, the two key battleground areas for the players.

18 Nov 2024

Meet Man Who Completed 3,500-Kilometre Journey; His Net Worth Is Rs 1,400 Cr

Swiggy Success Story: Sriharsha Majety, the visionary co-founder and CEO of Swiggy, stands as a prominent figure in India’s flourishing startup landscape. Sriharsha Majety’s journey is truly inspiring. From being a small-town boy with big dreams, he worked hard to build India’s biggest food delivery platform. Notably, Swiggy was started in a small office space in Koramangala, Bengaluru, and the company started off with quite a few limitations.

Swiggy Instamart

15 Nov 2024

Swiggy Instamart’s Most Ordered Item Revealed—CEO's Response Will Shock You

Majety also revealed how the distinction between quick commerce and traditional e-commerce is gradually fading and how many e-commerce companies are embracing faster delivery models.

14 Nov 2024

Swiggy's Share Turns Stale, Back At Public Listing Price In Just 1 Day

Swiggy Share: Swiggy's shares were listed in the stock market on Wednesday at a price of Rs 420 with a premium of 7.69 per cent.

14 Nov 2024

'You And I In This Beautiful World': Zomato Cheers Swiggy's Stock Market Debut

Zomato shared a heart warming tweet captioning it as 'You And I In This Beautiful World' --one of the most popular and memorable advertisements of all time by Hutch --cheering Swiggy on its market listing.

14 Nov 2024

Swiggy Shares End In Green, Expert Comments On Listing Day Gains

Swiggy's market listing catapulted over 500 current and former employees to the "crorepati" club.

13 Nov 2024

Swiggy IPO Makes 500 Employees 'Crorepatis'; Unlocks Rs 9,000 Cr Worth Of ESOP

The company's market valuation stood at Rs 89,549.08 crore during the early trade.

13 Nov 2024

Swiggy-Backed Rapido Sees Net Loss At Rs 371 Crore In FY24

The company saw its bank balance (excluding cash equivalents) declined 88 per cent to Rs 16.39 crore in FY24, as per its financials with the Registrar of Companies.

13 Nov 2024

Swiggy Shares Surge Nearly 8% In Market Debut

The stock listed at Rs 412, reflecting a jump of 5.64 per cent from the issue price on the BSE. Later, it surged 7.67 per cent to Rs 419.95.

02 Nov 2024

Swiggy Executive Impressed By Job Seeker's Creative "Old-School" Application

Saptarshi Prakash, the Assistant Vice President of Design at Swiggy expressed his surprise when he received a physical letter from an aspiring designer.

23 Oct 2024

Ordering Food On Zomato? Your Orders Just Got Pricier; Get Ready To Pay More

Zomato Platform Fee Hike: According to media reports, Zomato's main rival Swiggy offered shares valued at $448 million in its initial public offering, while Zepto raised $340 million in August and is expected to list its shares next year.

15 Oct 2024

Bengaluru Man Gets Free Tomatoes From Swiggy Instamart; But Why Is He Irked?

In an X post, the user that goes by the name Bengaluru Man wrote that he received free tomatoes from Swiggy Instamart. However the frustration was not on getting free tomatoes, but he mentioned the problem of not being able to remove it from his cart, despite willing to do so.

20 Sep 2024

Software Engineer Turns Swiggy Delivery Agent After Being Fired From Job

His LinkedIn post that has now gone viral on social media, is about an awe-inspiring tale of resilience.

06 Sep 2024

Swiggy Launches Incognito Mode For Food Delivery And Instamart

Right now Incognito mode is available to 10 per cent of Swiggy users with a full rollout coming soon.

06 Sep 2024

Former Swiggy Employee Accused Of Embezzling Rs 33 Crore

Swiggy's revenue saw a 36 per cent growth in FY24 to Rs 11,247 crore, according to its annual report.

05 Sep 2024

IPO-Bound Swiggy Clocks Rs 2,350 Crore Net Loss In FY24

The online food delivery platform, however, reduced the net loss by 44 per cent, from Rs 4,179 crore in FY23.

14 Aug 2024

Swiggy Launches Swiggy UPI, Cuts Payment Steps From Five To One: Details Here

The new feature is powered by Juspay's HyperUPI Plugin and eliminates the need for the redirection to third-party UPI apps.

04 Aug 2024

Zomato collected Rs 83 crore In Platform Fee From Customers Till March

The food delivery aggregator began levying platform fee at Rs 2 per order last August, which has gradually been increased to Rs 6 now in key markets.

16 Jul 2024

Swiggy, BigBasket, Zomato To Soon Home-Deliver Alcohols In THESE States?

A report in the Economic Times said that states like New Delhi, Karnataka, Haryana, Punjab, Tamil Nadu, Goa and Kerala are a few states that is contemplating a pilot project on home delivery of low-alchoholic beverages.

15 Jul 2024

Zomato Shares Zoom, Making CEO Deepinder Goyal A Billionaire

Shares of Zomato surged higher on Monday, thus making CEO Deepinder Goyal's entry into the billionaire club.

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