Business Standard

Monday, January 06, 2025 | 05:08 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Swiggy denies reports of employee churn, fraud against investors

An anonymous blog post had accused the company of wrongdoing

(Left to right) Swiggy co-founders Sriharsha Majety, Rahul Jaimini and Nandan Reddy.
Premium

(Left to right) Swiggy co-founders Sriharsha Majety, Rahul Jaimini and Nandan Reddy

Alnoor Peermohamed Bengaluru
Online food ordering service Swiggy has denied allegations that it is experiencing employee churn or has cheated its investors and restaurant partners, after a blog post by a few current and former employees went viral across social network platforms accusing the company of wrongdoing.

Swiggy that has been backed by investors such as Naspers, answered every allegation charged against it in a blogpost that was released on Wednesday. The online food delivery firm even shared the order data, which it claimed was verified by external firms, ahead of its fundraising exercise.

Earlier in the day, Swiggy had released a statement

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in