Search result for 'swiggy'

NRAI to Challenge Zomato, Swiggy 'Private Labelling' in CCI

January 23, 2025 13:02

The National Restaurant Association of India (NRAI) plans to file a complaint with the Competition Commission of India (CCI) against Zomato and Swiggy's 'private labelling' practices and foray into...

Zomato Shares Plunge 12% on Profit Drop

January 21, 2025 11:25

Zomato shares fell 12% after reporting a 57.2% drop in net profit for the December quarter, attributed to aggressive store expansion for Blinkit. Swiggy shares also declined.

Swiggy Launches Sports Arm - Swiggy Sports Private Limited

January 15, 2025 19:40

The Ministry of Corporate Affairs approves the incorporation of Swiggy Sports Private Limited, a subsidiary of Swiggy focused on sports activities, amusement, and recreation.

NRAI to Sue Zomato, Swiggy Over 'Private Labelling' - Food Delivery

January 9, 2025 19:28

The National Restaurant Association of India (NRAI) plans to file complaints against Zomato and Swiggy for their private label food delivery services via separate apps, accusing them of...

Swiggy Serves: Food Redistribution Initiative to Fight Hunger

January 9, 2025 16:48

Swiggy launches 'Swiggy Serves' to combat hunger by redistributing surplus food from restaurants to underserved communities in partnership with the Robin Hood Army.

Accel Raises $650 Million for Indian Startups: AI, Fintech, Consumer, Manufacturing

January 6, 2025 12:33

Accel, a leading VC firm, announces a USD 650 million fund for early-stage startups in India and Southeast Asia, focusing on AI, consumer, fintech, and manufacturing.

Zepto Shifts to Marketplace Model, Sets Up New Entity

January 3, 2025 17:57

Quick commerce platform Zepto is transitioning to a marketplace model with the establishment of a new entity, Zepto Marketplace. This move aims to enhance quality control and service ahead of a...

DPIIT & SPF Partner to Make India a Global Innovation Hub

January 3, 2025 14:18

DPIIT and Startup Policy Forum collaborate to strengthen India's startup ecosystem and establish it as a global innovation hub. The partnership will empower startups, drive economic growth and...

New Year's Eve: Top Orders on Quick Commerce Platforms

January 1, 2025 18:34

Discover the most popular items ordered on quick commerce platforms like Blinkit and Swiggy Instamart on New Year's Eve, including chips, grapes, and more.

Quick Commerce to Rival Amazon, Flipkart by 2025: Zepto CEO

January 1, 2025 14:46

Zepto CEO predicts quick commerce will reach Amazon/Flipkart scale by 2025, citing rapid growth and customer value proposition evolution. Read about the industry's 2025 outlook.

CCI Seeks More Info on Quick Commerce Complaint

December 31, 2024 17:44

The Competition Commission of India (CCI) is seeking more information from a complainant alleging anti-competitive practices by quick commerce companies like Blinkit, Zepto, and Swiggy's Instamart.

Indian Startups: Resilience & Hope in 2025

December 31, 2024 14:36

Despite a funding dip, India's startup ecosystem remains strong. Unicorns rise, AI drives investment, and 2025 promises continued growth. Read about trends & challenges.

Indian IT Sector Outlook 2025: AI Bets, Demand Reboot & Cautious Optimism

December 30, 2024 10:01

The Indian IT sector enters 2025 with cautious optimism fueled by AI investments and a potential demand rebound, but faces global macroeconomic uncertainties and US immigration policies.

FRAI Urges Govt Support for Kirana Stores vs Quick Commerce

December 24, 2024 17:41

The Federation of Retailer Association of India (FRAI) has urged the government to provide technology support to kirana stores to compete with quick commerce firms like Swiggy Instamart, Blinkit,...

IPO Boom in India: Record Rs 1.6 Lakh Cr Raised in 2024

December 22, 2024 11:24

India's IPO market witnessed record fundraising in 2024, reaching Rs 1.6 lakh crore, driven by economic growth and investor confidence. The pipeline for 2025 is even more promising.

GST Council to Decide on Lower Insurance Taxes, ATF Inclusion

December 21, 2024 11:57

The 55th GST Council meeting will discuss reducing taxes on health and life insurance, bringing ATF under GST, and rate revisions on 148 items. Learn about the proposed changes and the impact on...

GST Council to Rejig Tax Rates on Insurance, Watches, Shoes & More

December 20, 2024 12:06

The GST Council is set to discuss rate changes on insurance premiums, luxury items like watches and shoes, and a potential new 35% tax slab for sin goods. The meeting will also deliberate on...

DMart Tops Hurun's Most Valuable Indian Companies List

December 18, 2024 19:03

DMart, founded by Radhakishan Damani, is the most valuable Indian company founded by a self-made entrepreneur post-2000, according to Hurun India's latest report. Zomato and Swiggy follow closely...

Sensex, Nifty Edge Up Ahead of US Inflation Data

December 11, 2024 17:14

Indian stock markets closed higher on Wednesday as investors awaited key US inflation data. Sensex rose by 16.09 points, while Nifty advanced 31.75 points. Read more.

Swiggy Stock Plunges 5% as Lock-in Ends

December 11, 2024 11:37

Swiggy shares fall 5% after anchor investor lock-in expires, leading to profit booking. The company's market valuation drops to Rs 1.16 lakh crore.

NRAI Warns Restaurants on Aggregator Payment Gateways

December 9, 2024 15:20

The National Restaurant Association of India warns restaurants about deep discounting and payment gateway tools offered by aggregators like Zomato and Swiggy, urging them to use independent payment...

Dezerv AUM Surpasses Rs 10,000 Cr, Targets Rs 25,000 Cr by 2025

December 9, 2024 15:14

Dezerv, a tech-led wealth management firm, has crossed Rs 10,000 crore in AUM and aims to reach Rs 25,000 crore by December 2025. The company attributes its growth to active strategies and...

IPO Frenzy Next Week: 11 Companies to Raise Rs 18,500 Cr

December 8, 2024 12:54

11 companies, including Vishal Mega Mart, Sai Life Sciences, and Mobikwik, are set to launch IPOs next week, aiming to raise nearly Rs 18,500 crore. The IPO market is bustling with activity across...

Swiggy Shares Surge Over 3% After Q2 Results

December 4, 2024 16:33

Swiggy shares closed over 3% higher on Wednesday after the food delivery platform reported a narrowing of its net loss in the second quarter. The company also announced plans to achieve positive...

Swiggy Shares Surge 7% on Narrowing Loss

December 4, 2024 11:31

Swiggy shares jumped nearly 7% on Wednesday after the food delivery platform reported a narrowing of its net loss for the second quarter. The company expects to achieve positive adjusted EBITDA by...

Swiggy Doubles Quick Commerce Stores by 2025

December 3, 2024 21:27

Swiggy, the on-demand convenience platform, plans to double its Instamart stores to over 1,045 with a footprint of 40 lakh sq ft by March 2025.

Swiggy Loss Narrows to Rs 625.53 Crore in Q2 | Q2 Results

December 3, 2024 16:43

Swiggy reports a narrowed loss of Rs 625.53 crore in Q2 FY24, down from Rs 657 crore in Q2 FY23. Revenue from operations increased to Rs 3,601.45 crore.

Zepto IPO in 2025: CEO Defends Quick Commerce Model

December 2, 2024 15:50

Zepto CEO Aadit Palicha remains optimistic about an IPO in 2025 and defends the quick commerce model, refuting claims of harming kirana stores.

Swiggy Expands 10-Minute Food Delivery to 400 Cities

December 2, 2024 14:04

Swiggy's 10-minute food delivery service, Bolt, now reaches over 400 cities in India, including Tier-2 and Tier-3 locations. Learn about its expansion, features and focus on speed and quality.

Swish: Hyperlocal Food Delivery in 10 Minutes | CEO Interview

November 26, 2024 14:34

Swish, a Bengaluru-based food delivery startup, promises hot, fresh food in 10 minutes using hyperlocal cloud kitchens and tech-enabled delivery. Learn how they're revolutionizing food delivery.

IPO Boom: 10 Companies to Raise Rs 20,000 Cr in December

November 24, 2024 11:29

India's IPO market remains vibrant with 10 companies, including Vishal Mega Mart and Blackstone-owned Gemmological Institute, set to raise Rs 20,000 crore in December.

Innov8 Raises Rs 100 Crore for Expansion

November 20, 2024 15:59

Coworking startup Innov8 plans to raise Rs 100 crore in primary funding to fuel expansion plans, including acquisitions, technology upgrades, and new locations.

Swiggy Shares Slump 6% After Market Debut

November 14, 2024 18:06

Swiggy shares fell nearly 6% on Thursday, erasing Rs 5,842.35 crore from its market valuation. The company's IPO had a price range of Rs 371-390 apiece.

Quick Commerce: A Challenge to Retailers & Political Issue - Kotak

November 14, 2024 14:36

Financial services veteran Uday Kotak says quick commerce poses a challenge to retailers and will become a political issue, highlighting the need for Indian businesses to be more competitive in a...

NTPC Green Energy to Invest Rs 1 Lakh Cr in Solar, Wind by FY27

November 13, 2024 17:20

NTPC Green Energy aims to invest Rs 1 lakh crore in solar and wind assets by FY27, with an IPO planned to raise Rs 10,000 crore. The company is also exploring green hydrogen and pump storage power.

Swiggy IPO Makes 500 Employees Crorepatis, Unlocks Rs 9,000 Cr ESOPs

November 13, 2024 14:51

Swiggy's IPO has created over 500 crorepatis among its employees, unlocking Rs 9,000 crore worth of ESOPs. The stock debuted with a premium on NSE and BSE.

Zomato CEO Congratulates Swiggy on IPO

November 13, 2024 14:39

Zomato CEO Deepinder Goyal congratulates rival Swiggy on its successful stock market debut, praising the company's contribution to the Indian market. Swiggy's shares listed at a premium on the NSE,...

Swiggy CEO: Expecting Solid Growth in Next 3-5 Years

November 13, 2024 12:57

Swiggy CEO Sriharsha Majety expects strong growth in the next 3-5 years, driven by Instamart expansion and geographical footprint growth. The company's IPO was fully subscribed, reflecting strong...

Swiggy Shares Surge 8% on Market Debut

November 13, 2024 10:21

Swiggy shares opened at a premium of nearly 8% on the Bombay Stock Exchange (BSE) on Wednesday, reflecting strong investor interest in the food delivery and quick-commerce major.

CCI Probes Zomato, Swiggy Over Competition Concerns

November 11, 2024 10:49

Zomato and Swiggy face a CCI probe for potential anti-competitive practices, including preferential treatment to certain restaurant partners. Both companies maintain compliance with local laws and...

Zomato, Swiggy Found Violating Competition Norms: CCI Probe

November 9, 2024 15:43

A CCI probe has found that food delivery platforms Zomato and Swiggy engaged in unfair business practices, including preferential treatment of certain restaurant partners.

Swiggy IPO Oversubscribed: 3.59 Times Subscription

November 8, 2024 18:35

Swiggy's Rs 11,327 crore IPO received 3.59 times subscription on the final day. Institutional buyers drove the demand, with QIBs subscribing 6.02 times.

Swiggy IPO Fully Subscribed: 2.54 Times Over-Subscription

November 8, 2024 14:54

Swiggy's Rs 11,327 crore IPO has been fully subscribed, with QIBs oversubscribing 4.16 times and retail investors 1.03 times. Learn more about the company's plans and valuation.

Swiggy IPO Subscribed 35% on Day 2

November 7, 2024 18:20

Swiggy's IPO received 35% subscription on day 2, with retail investors showing strong interest. The company aims to raise Rs 11,327 crore.

Swiggy Confident of Growth in Quick Commerce Amid Competition - IPO Details

November 7, 2024 16:40

Swiggy, despite competition, remains optimistic about growth in quick commerce, citing its deep consumer insights and agility. The company recently launched its IPO, aiming to raise Rs 11,327 crore.

Swiggy IPO Subscribed 12% on Day 1

November 6, 2024 18:33

Swiggy's IPO received 12% subscription on the first day, with retail investors showing strong interest. The food delivery platform aims to raise Rs 11,327 crore through the IPO.

Swiggy Raises Rs 5,085 Crore Ahead of IPO

November 5, 2024 23:23

Food delivery giant Swiggy has secured Rs 5,085 crore from anchor investors ahead of its IPO, indicating strong investor interest. The IPO opens on November 6th.

Swiggy IPO: Instamart Growth ''Organic'' Focus

November 5, 2024 15:53

Swiggy''s IPO aims to raise Rs 11,327 crore. CEO Rohit Kapoor highlights organic growth strategy for Instamart, with a focus on technology and cloud infrastructure.

Swiggy IPO Opens Wednesday, Seeks $11.3 Billion Valuation

November 5, 2024 14:33

Swiggy, the food delivery and quick-commerce platform, is aiming to raise Rs 11,327 crore through its IPO this week, seeking a valuation of around $11.3 billion. The IPO opens on Wednesday.

Rupee Steady Against US Dollar: Forex Market Update

November 4, 2024 09:58

Rupee trades in a narrow range against the US dollar, impacted by foreign fund outflows and muted equities. Brent crude rises, while IPOs like Swiggy's listing could support the rupee.

Magicpin Cuts Delivery Fee to Rs 5: Zomato, Swiggy Hike Charges

November 3, 2024 15:54

Magicpin slashes its platform fee to Rs 5 per delivery, while Zomato and Swiggy raise theirs. The move aims to benefit both delivery partners and customers during the festive season.

Rupee Rises 1 Paisa to 84.07 vs US Dollar: Latest Updates

October 31, 2024 09:43

The Indian rupee opened on a flat note against the US dollar on Thursday, rising 1 paisa to 84.07 in early trade. Read more about the rupee's movement, forex market trends and economic indicators.

Swiggy IPO: Rs 11,330 Crore Share Sale Amid Urban Demand Slump

October 30, 2024 17:33

Swiggy launches Rs 11,330-crore IPO, aiming to capitalize on rising online ordering despite concerns about urban demand slump. The food delivery app claims to be unaffected by broader economic trends.

BLive EZY Deploys 1,000 EVs for Festive Demand

October 30, 2024 16:59

BLive EZY deploys 1,000 premium EVs to meet surging festive demand in the quick commerce segment, aiming to provide ultra-fast deliveries. The move comes as India's quick commerce market is...

Swiggy IPO Opens Nov 6: Rs 11,300 cr, Price Band Rs 371-390

October 28, 2024 19:31

Swiggy's initial public offering (IPO) will open for subscription on November 6th, aiming to raise Rs 11,300 crore. The price band is set at Rs 371 to Rs 390 per share. Learn more about the IPO...

Job Postings Surge 20% This Festive Season: apna.co

October 27, 2024 15:24

apna.co reports a 20% increase in job postings this festive season, with logistics & operations, e-commerce, and hospitality leading the growth. The platform attributes this to the quick commerce...

Swiggy's New Feature Lets You Order Food for Loved Ones in India

October 25, 2024 13:54

Swiggy launches 'International Login' feature, allowing users abroad to order food, groceries and dining experiences for their loved ones in India.

Swiggy Seal: New Food Quality Standard for Restaurants

October 23, 2024 17:35

Swiggy launches 'Swiggy Seal' initiative to raise hygiene and food quality standards among restaurant partners. The program will be rolled out across 650 cities in India.

Orange Health Labs: Fast, Quality Diagnostics Drive Expansion

October 22, 2024 11:55

Orange Health Labs redefines diagnostics in India with 60-minute sample collection, 6-hour reports, and expansion plans to 15 cities. Learn how they're disrupting the industry.

Generative AI: Shaping the Future of Technology - CTOtalk

October 5, 2024 19:48

CTOtalk highlights the transformative potential of Generative AI, featuring insights from industry leaders and tech innovators. Explore how AI is reshaping industries and driving innovation.

Swiggy Launches 'XL' Fleet for Bulk Orders - IPO News

October 5, 2024 14:37

Swiggy, the IPO-bound food tech platform, launches its 'XL' fleet to cater to bulk orders, offering efficient delivery for large gatherings and events.

Swiggy Launches 10-Minute Delivery Service 'Bolt'

October 4, 2024 22:00

Swiggy announces the launch of 'Bolt', a 10-minute food delivery service, initially available in six major cities. Learn more about the new service and its focus on quick, convenient meals.

Vishal Mega Mart, ACME Solar, Mamata Get Sebi IPO Approval

September 30, 2024 17:56

Vishal Mega Mart, ACME Solar Holdings, and Mamata Machinery have received Sebi's approval to float IPOs. The regulator also cleared Hyundai MotorIndia and Swiggy's IPOs.

IPO Rush: Hyundai, Swiggy, NTPC Lead Rs 60,000 Cr Fundraise

September 29, 2024 10:34

Over half a dozen companies, including Hyundai Motor India, Swiggy, and NTPC Green Energy, are set to raise around Rs 60,000 crore through IPOs in October-November. The IPO market is experiencing...

Swiggy Files Updated IPO Papers: Eyes Rs 3,750 Cr

September 26, 2024 22:33

Swiggy files updated IPO papers with Sebi, aiming to raise Rs 3,750 crore through fresh issue. The IPO also includes an offer-for-sale by existing shareholders.

Predatory Pricing by Q-Commerce Impacts Brand Value: AICPDF

September 25, 2024 20:50

AICPDF warns FMCG companies about predatory pricing and deep discounting by quick commerce platforms, urging them to protect brand value and ensure fair practices.

Proptech Startup Flent Raises Rs 6.5 Crore - Funding News

September 25, 2024 14:48

Flent, a renting platform, raises Rs 6.5 crore in funding led by WEH Ventures to expand its team and platform. Other investors include 2 AM Ventures, Pareto Holdings, and angel investors. The...

Swiggy IPO: Sebi Approval, Funds Raised, & More

September 25, 2024 12:33

Swiggy, the food delivery giant, secures Sebi's approval for its highly anticipated IPO. Learn about the expected fundraising amount, key details, and the company's future plans.

DPIIT Refers Quick Commerce Complaint to CCI

September 20, 2024 15:50

DPIIT has referred a complaint alleging unfair business practices by quick commerce players like Blinkit, Zepto, and Swiggy's Instamart to the Competition Commission of India (CCI). The complaint...

Swiggy Launches 'Project Next' for Delivery Partner Career Growth

September 17, 2024 17:25

Swiggy announces 'Project Next' to provide career growth opportunities for delivery partners by transitioning them to sales executives and onboarding new restaurants. Learn more about this...

Accel Atoms 4.0: Applications Open for 'Bharat' & AI Startups

September 16, 2024 15:24

Accel Atoms 4.0 invites applications from startups building for 'Bharat' (Tier 2-3 India) and AI, offering mentorship, perks, and investment up to $1 million.

Kook Meal Kits: 10x Revenue Growth in 1 Year

September 16, 2024 12:22

Kook, a ready-to-cook meal kit brand, reports a 10-fold revenue increase in 12 months, driven by acquisitions, partnerships, and product expansion. Learn how Kook is catering to India's growing...

Accel Atoms 4.0: USD 1 Million for AI 'Bharat' Startups

September 11, 2024 16:26

Accel Atoms 4.0 offers up to USD 1 million funding to pre-seed startups focused on AI and 'Bharat' opportunities. Applications open Sept 16.

Gen Z Shaping India's Consumption: App-First Trends & D2C Boom

September 8, 2024 14:18

Gen Z, the app-first generation, is driving major shifts in India's consumption landscape, favoring quick commerce, D2C brands, and short-form content. Learn about the impact on brands and consumers.

MSDE & Swiggy Partner for Skilling, Employment Opportunities

September 7, 2024 19:35

MSDE and Swiggy launch an initiative to provide skilling and employment opportunities within Swiggy's food delivery and quick commerce network. The partnership will benefit 2.4 lakh delivery...

Swiggy Launches Incognito Mode for Private Ordering

September 6, 2024 14:36

Swiggy introduces Incognito Mode, allowing users to place private orders on food and quick commerce platforms like Instamart. Keep your orders discreet with this new feature.

Amitabh Bachchan Family Office Invests in Swiggy

August 28, 2024 18:37

Amitabh Bachchan's family office has reportedly invested in Swiggy, buying shares from employees and early investors. Swiggy is preparing for an IPO to raise funds.

FMCG Distributors Raise Concerns Over Quick Commerce Growth

August 24, 2024 16:34

FMCG distributors have expressed concerns over the rapid growth of quick commerce platforms like Blinkit, Zepto, and Instamart, claiming it threatens traditional retail and distribution networks....

Amazon''s India Investment: Goyal Criticizes Predatory Pricing

August 21, 2024 15:36

India''s Commerce Minister Piyush Goyal questions Amazon''s $1 billion investment in India, alleging predatory pricing and harm to small retailers. He highlights concerns about...

Raksha Bandhan Quick Commerce Boom: Blinkit, Zepto, Instamart Hit Record Sales

August 19, 2024 22:12

Quick commerce platforms like Blinkit, Zepto, and Instamart saw a surge in sales during Raksha Bandhan, fueled by convenient deliveries and festive demand.

FMCG Volume Growth: Rural Demand & E-commerce Drive

August 18, 2024 14:28

FMCG companies report sustained volume growth fueled by rural demand recovery and e-commerce boom, despite concerns over rising food inflation.

Swiggy Instamart Appoints New COO: Sairam Krishnamurthy

August 5, 2024 13:00

Swiggy Instamart appoints Sairam Krishnamurthy as Senior Vice President & COO, bringing over 18 years of experience in FMCG, consumer tech & retail.

Zomato Collects Rs 83 Crore Platform Fee: FY24 Report

August 4, 2024 16:20

Zomato's annual report reveals Rs 83 crore collected in platform fees from August 2023 to March 2024, contributing to revenue growth. The fee, introduced last year, is seen as a way to improve...

Swiggy Launches Marketing Services for Restaurants

July 30, 2024 18:09

Swiggy introduces marketing solutions for restaurant partners, including influencer marketing, social media ads and WhatsApp marketing, to boost online presence and drive customer engagement.

Magicpin to Invest Rs 100 Cr in ONDC Food Delivery

July 28, 2024 12:14

Magicpin will invest Rs 100 crore to onboard 1 lakh new food delivery partners on ONDC, offering zero commission and onboarding fees. The move aims to boost the government-backed e-commerce platform.

Rs 1,000-cr Fund Launched by Ex-Alibaba, 9Unicorns Execs

July 18, 2024 19:07

Former Alibaba India head Raghav Bahl and 9Unicorns ex-partner Soham Avlani launch PROMAFT Partners, a Rs 1,000 crore venture capital fund focused on product-market fit.

Swiggy Announces $65 Million ESOP Liquidity Program

July 15, 2024 17:34

Swiggy announces its fifth ESOP liquidity program, offering employees up to $65 million in liquidity, marking the company's commitment to sharing its success.

Zomato Hikes Platform Fee in Delhi, Mumbai, Bengaluru

July 15, 2024 14:27

Zomato has increased its platform fee to Rs 6 per order in Delhi, Mumbai, and Bengaluru, while rival Swiggy has reverted to charging Rs 5. Learn more.

Nasscom Raises Concerns Over Karnataka Gig Worker Bill

July 12, 2024 19:11

Nasscom opposes Karnataka's draft gig worker bill, citing onerous regulations and a lack of consultation. The bill aims to regulate social security and welfare of gig workers, but Nasscom argues it...

Accel Cybersecurity Summit: Global Experts in Bengaluru

July 5, 2024 14:50

Join top cybersecurity experts, CISOs, and founders at the Accel Cybersecurity Summit in Bengaluru on July 25th. Discover the latest innovations and network with industry leaders.

India Food Services Market to Reach Rs 10 Lakh Cr by 2030

July 3, 2024 16:56

India's food services market is projected to reach Rs 10 lakh crore by 2030, driven by online delivery growth and rising consumer spending.

Karnataka Gig Worker Bill: Welfare Fund, Grievance Cell & More

July 1, 2024 19:23

Karnataka Govt releases draft bill for platform-based Gig workers, aiming to protect their rights with a welfare fund, grievance cell & more. The bill will be tabled in the next Assembly session.

Zomato Expands 'Restaurant Services Hub' Pan-India

June 27, 2024 18:11

Zomato is expanding its 'Restaurant Services Hub' across India, offering a one-stop solution for restaurants to scale up. The hub provides services from staffing to licensing.

Accel Sees Growth in Non-Urban India: E-comm, Healthcare, Fintech Boom

June 25, 2024 11:46

Accel, a venture capital firm, forecasts the rise of billion-dollar companies in non-urban India, focusing on e-commerce, healthcare, fintech, and edtech. Discover the untapped potential of 'Bharat'.

Swiggy Launches Recruitment Support for Restaurants

June 20, 2024 16:36

Swiggy partners with staffing experts to help restaurants find qualified candidates for various roles, addressing the growing challenges of talent acquisition and high attrition in the food...

eBikeGo plans to expand e-two-wheeler fleet to 1 lakh units by FY26

June 18, 2024 12:13

eBikeGo, an electric vehicle rental operator, aims to increase its fleet of e-two-wheelers to 1 lakh by FY26, targeting last-mile delivery and e-commerce growth. The company has already established...

Pluckk Reports Rs 100 Cr Revenue in FY24 | Essar Group Venture

May 29, 2024 13:48

Pluckk, an Essar Group venture, reported Rs 100 crore revenue in FY24, driven by e-commerce platforms and partnerships with Amazon, Swiggy, Zepto, and Blinkit.

Superplum Raises $15 Million for Fresh Fruit Expansion

May 6, 2024 11:40

Superplum, an Indian agritech startup, secures $15 million to expand its premium fresh fruit business, focusing on building infrastructure and transforming supply chains.

Swiggy IPO: Rs 10,400 Cr Raise Approved

April 25, 2024 16:38

Swiggy, the food delivery giant, secures shareholder approval for an IPO to raise over Rs 10,400 crore. The IPO will involve fresh equity shares and an offer for sale.

Zomato Hikes Platform Fee to Rs 5, Pauses Intercity Service

April 22, 2024 15:50

Zomato has increased its platform fee to Rs 5 per order in select markets. The company has also paused its intercity delivery service, 'Intercity Legends'.

Swiggy Instamart Expands: Now Includes Non-Grocery Products

April 18, 2024 14:21

Swiggy integrates its online retail platform, Swiggy Mall, with Instamart, offering a wider range of products beyond groceries in over 25 cities.

Swiggy Appoints Suparna Mitra as Independent Director

April 4, 2024 15:04

Swiggy appoints Suparna Mitra, Titan Company CEO, as an Independent Director to its board, bringing expertise in lifestyle and retail to the company.

Eureka Forbes Appoints Vikas Jayna as CTO

April 2, 2024 22:17

Eureka Forbes, India's leading health and hygiene brand, appoints Vikas Jayna as Chief Technology Officer. Jayna brings extensive experience from companies like Swiggy, OneAssist, Amazon, and...

Indian AI Startups: Accel's Prayank Swaroop on Academia, Capital &'s Future

March 6, 2024 12:45

Accel partner Prayank Swaroop discusses the need for more Indian AI startups from academia, the capital intensity of building AI models, and the potential for India in the AI-native product space.

Swiggy Food Delivery at Railway Stations: Bengaluru, Bhubaneswar, Visakhapatnam, Vijayawada

March 5, 2024 14:03

Swiggy partners with IRCTC to provide food delivery services at 4 railway stations, starting with Bengaluru, Bhubaneswar, Visakhapatnam and Vijayawada, with plans to expand to 59 more stations.

QSR Revenue & Margin Under Stress: Recovery Delayed

February 26, 2024 17:55

Food delivery apps impact QSR revenue and margin, recovery delayed due to competition and inflation. Report highlights challenges for industry.

Rural India Startup Opportunity: USD 540 Billion Market by 2030 - Accel

February 7, 2024 11:43

Accel's Anand Daniel highlights the significant potential of rural India's top 30% of households, representing a USD 540 billion market by 2030, with opportunities in commerce, healthcare,...

Swiggy Layoffs: 350-400 Jobs Cut Ahead of IPO

January 26, 2024 11:34

Swiggy is reportedly cutting 350-400 jobs across technology, call center, and corporate roles ahead of its planned initial public offering (IPO).

Swiggy Denies Platform Fee Hike, No Plans for Increase

January 24, 2024 21:59

Swiggy clarifies that it has not increased its platform fee and has no plans for a significant increase in the near term. The company is focusing on affordable options like Pockethero for...

Swiggy Delivers 4.8 Lakh Biryani Orders on New Year's Eve

January 1, 2024 15:57

Swiggy saw a record-breaking 4.8 lakh biryani orders on New Year's Eve, with 1,244 orders per minute at peak. Hyderabad led the way with one in four biryani orders.

New Year's Eve Surge: Zomato, Blinkit, Swiggy See Record Orders

January 1, 2024 15:46

Food delivery and quick commerce platforms like Zomato, Blinkit, and Swiggy witnessed a massive surge in orders on New Year's Eve, with Zomato delivering almost as many orders as in the past six...

Swiggy Appoints Anand Kripalu as Independent Director, Chairperson

December 6, 2023 18:21

Swiggy appoints Anand Kripalu as Independent Director and Chairperson of its board. Kripalu, a veteran in FMCG, brings decades of experience to guide the company's growth. KFC also celebrates its...

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Volume

Vodafone Idea L
9.47 ( -0.42)
28334153

YES Bank Ltd.
18.25 ( -1.24)
9525366

Suzlon Energy Ltd.
52.56 ( -3.24)
9310880

Thinkink Picturez
1.16 (+ 4.50)
8645050

Srestha Finvest
0.66 ( -1.49)
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Shreeji Shipping IPO: To Raise Funds for Dry...

Shreeji Shipping Global Ltd files draft papers with Sebi for an IPO to raise funds for...

India Auto Exports Surge 19% in 2024: SIAM Data

India's auto exports climbed 19% in 2024, driven by strong demand in emerging markets,...

Budget 2025: Tech Industry Asks for Deeptech...

Nasscom urges the Indian government to create a deeptech fund, tweak safe harbor rules,...

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