Don’t miss the latest developments in business and finance.

Food Delivery In India

Available by invitation only, Swiggy One BLCK is offered at a launch price of Rs 299 for a three-month plan

Updated On: 12 Dec 2024 | 12:03 AM IST

Select users will be able to upgrade their Swiggy One memberships to One BLCK at a launch price of Rs 299 for three months

Updated On: 11 Dec 2024 | 4:29 PM IST

Union minister Giriraj Singh on Saturday claimed Bangladeshi nationals and Rohingya were working as delivery agents for food delivery companies and online shopping platforms and added that they should be identified. Singh made these remarks in Hyderabad, where he attended the convocation of NIFT-Hyderabad. "The services sector, whether it is Zomato, Swiggy or Flipkart, the delivery boys are Bangladeshis and Rohingya. Efforts should be made to identify them and hand them over to police," he told PTI Videos on the sidelines of the event. The Union minister also threw his weight behind Yogi Adityanath over his comments drawing a parallel between Sambhal and Bangladesh, saying the Uttar Pradesh chief minister did not say anything wrong. Adityanath had on Thursday said the actions of Mughal emperor Babur's commander in Ayodhya and Sambhal 500 years ago and the events happening in Bangladesh at present shared the same nature and intent. "Look at the kind of acts our enemies in neighbour

Updated On: 08 Dec 2024 | 7:34 AM IST

On-demand convenience platform Swiggy Ltd on Monday said it has expanded its 10-minute food delivery offering, Bolt, to over 400 cities and towns across India. Initially launched in Bangalore, Chennai, Hyderabad, New Delhi, Mumbai, and Pune, Bolt is now active in cities like Jaipur, Lucknow, Ahmedabad, Indore, Coimbatore, and Kochi as well, Swiggy said in a statement. Swiggy has expanded the 10-minute food delivery service to Tier-2 and Tier-3 cities such as Roorkee, Guntur, Warangal, Patna, Jagtial, Solan, Nashik and Shillong among others, it added. Andhra Pradesh and Telangana have witnessed the highest adoption for Bolt followed by Haryana, Tamil Nadu, Gujarat, West Bengal, Rajasthan and Punjab, it added. Swiggy said it is actively partnering with restaurants to optimise order prioritisation for Bolt orders that have food items with minimum or no preparation time. "To ensure safety of delivery partners, they are not informed of the distinction between Bolt and regular orders, a

Updated On: 02 Dec 2024 | 2:33 PM IST

Swiggy's initiatives include kitchen equipment support, hygiene audits, and photoshoot services to boost operations, hygiene, and customer engagement for restaurant partners

Updated On: 26 Nov 2024 | 1:29 PM IST

Goyal assured candidates that the chief of staff position will come with an annual salary of at least Rs 5 lakh ($60,000) from the second year if things work out

Updated On: 21 Nov 2024 | 9:35 AM IST

If the grey market premium is any indication, Swiggy's shares could list close to its issue price of Rs 390 per share, valuing the company at Rs 87,300 crore

Updated On: 12 Nov 2024 | 6:03 PM IST

Swiggy and Zomato, India's top delivery platforms, are branching out beyond core food and grocery services. Swiggy's 'Yello' marketplace and Zomato's concierge model lead new initiatives

Updated On: 11 Nov 2024 | 3:17 PM IST

Food delivery and quick-commerce major Swiggy, which is coming out with its initial public offering (IPO) on Wednesday, is seeking a valuation of about USD 11.3 billion. The Bengaluru-based company is aiming to garner Rs 11,327 crore from the IPO, which will comprise a fresh issue of shares worth Rs 4,499 crore along with an offer for sale (OFS) of Rs 6,828 crore. Swiggy has set a price band of Rs 371 to Rs 390 per share for its maiden public issue. The issue will open for public subscription on November 6 and conclude on November 8. Speaking about the pricing, Swiggy Food Marketplace CEO Rohit Kapoor said, "We feel we have priced it right and we are looking forward to the next few days." The valuation of Swiggy has been pegged at about USD 11.3 billion (about Rs 95,000 crore) at the upper price band. Rival Zomato, which went public in July 2021, has a market valuation of Rs 2.13 lakh crore. "Our pricing is in the range of Rs 371-390 which corresponds to a value of about USD 11.3

Updated On: 05 Nov 2024 | 2:47 PM IST

This permanent feature allows international users to not only order food but also access Instamart, Swiggy's quick commerce platform, and make table reservations via Dineout

Updated On: 25 Oct 2024 | 4:25 PM IST

By transitioning qualified delivery partners into the role of sales executives, Project Next aims to enhance restaurant expansion across over 150 growing markets

Updated On: 17 Sep 2024 | 6:03 PM IST

Zomato and Swiggy are both leading industry players in the online food delivery market and quick commerce segment

Updated On: 20 Aug 2024 | 5:26 PM IST

Previously, the service fee, also known as the commission, was calculated based on the net value for restaurants in smaller towns and cities

Updated On: 15 Aug 2024 | 10:12 AM IST

Poor road conditions and waterlogged streets amid heavy rainfall have led to an increase in undelivered orders

Updated On: 13 Aug 2024 | 10:04 AM IST

Viral post claims that quick commerce platform Swiggy charges its delivery executives for t-shirts, bags, and raincoats. Costs of items vary between Rs 300 to Rs 1,199

Updated On: 24 Jul 2024 | 2:40 PM IST

Initially introduced in Bengaluru and Delhi, the fee implemented by Swiggy and Zomato is distinct from delivery charges, GST, restaurant fees, and other expenses associated with orders

Updated On: 15 Jul 2024 | 10:59 AM IST

On August 31, 2023, Sheethal had placed an order for momos via Zomato, paying Rs 133.25 but she alleged that she never received the momos nor did a delivery agent visit her home

Updated On: 12 Jul 2024 | 4:35 PM IST

Swiggy's 'Eatlists' feature will allow food enthusiasts to compile and share their favourite dishes directly within the Swiggy app

Updated On: 05 Jul 2024 | 4:52 PM IST

In terms of revenue, Swiggy's Y-o-Y growth of 24 per cent also fell short of Zomato's adjusted revenue growth of 55.9 per cent Y-o-Y

Updated On: 26 Jun 2024 | 12:24 PM IST

This would be perhaps the first such large write-off announced by a large institutional investor in India

Updated On: 24 Jun 2024 | 11:28 PM IST