Page 11 - Swiggy
Swiggy introduces 'Swiggy Seal' during the festive season; what is this?
The Swiggy Seal, a badge for restaurants upholding strict hygienic standards, is introduced by Swiggy. Currently based in Pune, the project will eventually expand to more than 650 Indian locations
Swiggy unveils 'International Logins' for NRIs from 27 countries
The International Logins feature enables those residing outside India with international numbers to transact on Swiggy Food, Swiggy Instamart, Swiggy Dineout and Swiggy Genie
Swiggy's new feature to let NRIs order food, groceries, gifts in India
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
Swiggy cuts valuation target for IPO to $12.5-13.5 bn due to mkt volatility
Swiggy was earlier targeting a $15 billion valuation for its $1.4 billion November IPO which will be the country's second biggest stock offering this year, behind Hyundai India's debut this week
Food delivery just got pricier: Swiggy joins Zomato with Rs 10 fee hike
Zomato has communicated that its festive season hike is temporary, whereas Swiggy has not offered any such clarification
FMCG distributors body allege predatory pricing by Blinkit, Swiggy, Zepto
Retail distributors' body AICPDF has accused some quick commerce platforms of engaging in predatory pricing that leads to unfair competition with small retailers. The CCI will investigate the complain
Prosus targets $400 mn e-commerce profit in 2025, more IPOs in India
Prosus, majority-owned by South Africa's Naspers, is a major shareholder in Indian food delivery firm Swiggy, which is preparing for what could be one of India's biggest IPOs this year
Karnataka plans 1-2% levy on aggregator platforms like Swiggy, Zomato, Uber
The levy of such a fee is part of the state govt's draft notification on Platform-based Gig Workers (Social Security and Welfare) Bill, 2024
Zomato vs Swiggy: Macquarie compares food delivery, quick commerce biz
Zomato, Swiggy IPO: Swiggy, Macquarie said, seems to be 4-6 quarters behind Zomato in food delivery and quick commerce
Cut-throat competition forces Blinkit to revise 'zero notice' policy
Facing pressure from rivals such as Zepto, Flipkart, and Swiggy, which are aggressively competing to attract and retain top talent, Blinkit has extended its notice period policy from zero to 2 months
It has been stock picker's market since quite some time now: Rajesh Bhatia
Our emphasis is on careful stock selection within sectors, rather than making significant overweight or underweight sector bets, Bhatia said
Swiggy's $271 mn Esop plan benefits top brass before $1.25 bn IPO launch
The Esop grants have a vesting period ranging from one to eight years, meaning that the actual value of the stock awards will depend on Swiggy's performance post-IPO
BigBasket, Urban Company lead in fair pay; most platforms fall short
Booming gig economy, dismal pay: Fairwork report reveals only two out of 11 major online platforms ensure their workers earn at least the local minimum wage after deducting work-related expenses
Reliance Retail enters quick commerce, challenges Blinkit, Swiggy Instamart
With plans to expand to 1,150 cities and deliver groceries in just 10-30 minutes, Reliance is set to shake up the market, offering customers speed, convenience, and savings
$35 million to $29 billion: How Deepinder Goyal built the Zomato empire
In a recent interview, Deepinder Goyal talks about Zomato's journey, from soaring highs to challenging lows, with candid insights on surviving and thriving in the food delivery industry
IPO-bound food delivery app Swiggy launches XL EV fleet for bulk orders
Swiggy's new XL fleet includes 20 specially designed electric vehicles that cater to large orders
Swiggy launches 10-minute food delivery service Bolt in six key cities
Bolt offers popular dishes like burgers, hot beverages, cold beverages, breakfast items, and biryani that require minimum preparation time
Swiggy gets shareholder nod to use provision to upsize IPO fresh issue
Swiggy's original IPO size eked out NTPC Green Energy's $1.2 billion public offering filing to be the largest in the country this year
Swiggy vs Zomato: Which is better investment bet? Morgan Stanley weighs in
Swiggy lags behind Zomato in some key segments, including food delivery and quick commerce, according to Morgan Stanley's analysis
Can live events become the next big growth driver for Swiggy, Zomato?
Swiggy eyes expansion in India's booming Rs 10,400 crore live events market, while Zomato has also entered the live events market through its recent acquisition of Paytm Insider
