Page 10 - Swiggy

Zomato zooms past Swiggy in terms of growth in July, captures more market

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

Swiggy extends gross value service fee policy to non-metro restaurants

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

Swiggy rolls out in-app UPI feature for faster payments: How to activate

Branded as Swiggy UPI, the feature aims to cut on the transaction time from over 15 seconds to just 5 seconds

Zepto raises $340 mn in Series G funding, valuation shoots to $5 bn

Of the $340 million that Zepto received, $250 million came from General Catalyst, $50 million from Mars Growth, and the remaining amount was fetched from existing investors

Swiggy Instamart appoints Sairam Krishnamurthy as chief operating officer

Krishnamurthy's appointment follows a series of senior hires at the quick commerce platform

Six out of top ten most ordered items on Swiggy are vegetarian: Report

The report added that as many as 90 per cent of breakfast orders recorded were vegetarian. Masala Dosa, Vada, Idli, and Pongal topped the morning order charts

Swiggy launches marketing services for restaurants to boost online presence

Food and grocery delivery platform Swiggy on Tuesday launched marketing solutions to drive customer engagement for restaurant partners. 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. The services include influencer marketing, social media ads on Facebook and Instagram, and WhatsApp marketing. These strategies aim to drive traffic to restaurant menu pages on the Swiggy app, leveraging hyper-local and behavioural targeting. "This initiative is now live across India. Interested restaurant partners can participate by accessing this service via the restaurant services icon on the Swiggy Owner app," Swiggy stated.

Rapido enters unicorn club with $120 million round led by WestBridge

According to Entrackr's estimates, the company raised the funding at a post-money valuation of Rs 8,517 crore or a little over $1 billion

Does Swiggy charge delivery agents for branded kits? Viral post says yes!

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

Swiggy Instamart bolsters leadership team with Amazon, Reliance picks

Himavant Srikrishna Kurnala, Mayank Rajvaidya, Manu Sasidharan, and Kumar Rahul join Swiggy in key roles

Amazon India in talks for deal with Instamart amid Swiggy's IPO filing

Bengaluru-based Swiggy recently filed with the Securities and Exchange Board of India (Sebi) for a Rs 10,414 crore IPO, one of the largest planned by a new-age internet company

Swiggy, Zomato may hike platform fee further to Rs 10-15, say restaurants

Many restaurants ask for high commissions charged by food delivery platforms to be slashed

Swiggy employees get pre-IPO cash out: Tax implications of ESOP programme

Swiggy unveils a massive $65 million ESOP programme allowing employees to cash out before IPO, Here are the details on ESOPs, tax implications, and more.

IPO-bound Swiggy announces fifth ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOP liquidity over the five events, benefiting over 3,200 employees

Swiggy, Zomato increase platform fee to Rs 6 per order for revenue boost

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

US investment firm Invesco reduces fair value of Pine Labs, Swiggy

Pine Labs plans $1 bn IPO in India after getting Singapore court's approval to shift base

Invesco lowers fair value, cutting Swiggy and Pine Labs valuations

US-based investor Invesco valued its 28,844 shares in Swiggy at $219.2 million, implying a total valuation of $12.3 billion, down from $12.7 billion in January 2024

In a first, Swiggy launches 'Eatlists' feature to share food recommendation

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

Digital Competition Bill may impact user experience on online platforms

As many as thirteen platforms, including Zomato, Swiggy, Paytm, IRCTC, Makemytrip, Flipkart, JioSaavn, Pharmeasy, and others, would come under the purview of the Digital Competition Bill

India embraces 24-hour retail, nighttime consumer spending soars by 60%

Data from Simpl's Checkout Scan shows a remarkable 60 per cent increase in total payment volumes for orders placed between 10 pm and 4 am over the past year