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Swiggy secures shareholders’ nod to raise over Rs 10,400 cr via IPO

 The Bengaluru-based company plans to raise up to Rs 3,750 crore funds through fresh equity shares, in addition to an offer-for-sale component of up to Rs 6,664 croreNew Delhi:Food and grocery delivery major Swiggy has received shareholders' approval for...

Swiggy to integrate Instamart with online retail platform Mall

Swiggy Instamart is broadening its offerings to include an even wider array of productsNew Delhi: Food tech giant Swiggy on Thursday said it will integrate Swiggy Mall with its quick commerce offering Instamart, to broaden the choice for consumers...

Swiggy launches ‘Pawlice’ initiative to harness delivery partners’ network in finding missing pets

Swiggy launched the feature on Thursday on the occasion of National Pet Day, which falls on April 11New Delhi: Pet parents can now report missing pets on the Swiggy app for harnessing the network of its delivery partners in the...

Swiggy introduces ‘Paw-ternity’ policy to support employees on pet care

Swiggy will also offer bereavement leave for pet parents, providing employees with the time they need to grieve and recover from the lossNew Delhi: Online food delivery platform Swiggy on Thursday said it will support employees on pet care and...

Swiggy appoints Suparna Mitra as an independent director

Swiggy's other independent directors include Anand Kripalu, global chief executive officer at EPL Limited, Shailesh Haribhakti - chairman of Shailesh Haribhakti & Associates and Sahil Barua - managing director of DelhiveryNew Delhi: On-demand convenience platform Swiggy on Thursday announced...

Swiggy to provide food delivery services at 4 railway stations, extend it to more places

The food delivery services will be extended to 59 more railway stations in the coming weeksNew Delhi: Swiggy will offer food delivery services to passengers at Bengaluru, Bhubaneswar, Visakhapatnam and Vijayawada railway stations beginning March 12.The food delivery services...

Quick service restaurants’ revenue, margin under severe stress; recovery seems distant: Report

The rising popularity of food aggregators has hurt dine-in sales of quick service restaurants (QSR) and has also fragmented delivery salesMumbai: With the exponential growth of food delivery apps like Zomato and Swiggy, quick service restaurant operators are finding...

Big layoffs likely at Flipkart, Swiggy

Flipkart may dismiss around 1,100 people and Swiggy may fire between 350-400New Delhi: On-demand convenience platform Swiggy and Walmart-owned e-commerce firm Flipkart both may lay off a large number of employees.Swiggy is expected to cut around 350-400 jobs...

Retail IPOs expected in 2024

From Biba, Boat and FirstCry to Gopal Snacks and Stanley Lifestyles, here’s a list of retail companies that are likely to go public this yearAs many as 102 Initial Public Offers (IPO) hit the stock exchanges last year with...

Not hiked platform fee, no plans for significant increase in near term: Swiggy

The company, which currently charges Rs 5 as a platform fee to customers, clarified it had 'teased' to a "very small set of users" of Rs 10 as an experiment but was never implementedNew Delhi: On-demand convenience platform Swiggy...
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Chandigarh witnessed impressive growth in home & kitchen sector on Amazon

The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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