Sriharsha Majety

'Consumers adapted to post-COVID reality quickly in retail through digital, omnichannel'

Consumers have quickly responded to the changed circumstances post the COVID-19 outbreak by opting for e-commerce and omnichannel services, industry leaders said on Friday. According to a PTI report: There has been a shift in consumer behaviour in favour of...

Swiggy sacks 1,100 employees as COVID-19 derails cloud kitchens

Food delivery platform Swiggy on Monday announced to lay off 1,100 employees spanning across grades and functions in the cities and head office over the next few days as COVID-19 continues to hurt its business. All impacted employees will receive...

Swiggy co-founder Rahul Jaimini quits

Food delivery platform Swiggy on Thursday said its Co-founder and CTO Rahul Jaimini, is moving away from his active role in May to join Pesto Tech, a career accelerator startup as their co-founder. Jaimini who worked at Swiggy for 6...

Lockdown: Swiggy plans to serve 5 lakh meals daily to the needy

Food delivery platform Swiggy on Thursday said it has tied up with commercial kitchens, NGOs and state governments to provide daily meal to thousands of underprivileged, daily wagers and stranded migrant labourers during the 21-day lockdown. Having served over 2,50,000...

Swiggy sets up COVID-19 relief fund for its delivery partners

Food delivery platform Swiggy on Tuesday said it has set up a relief fund called ‘Swiggy Hunger Savior Covid Relief Fund which will be used towards the safety and welfare of delivery partners and their families. The corpus for the...

Swiggy raises US$ 113 mn from investors led by Prosus

Food ordering and delivery platform Swiggy on Wednesday said it has raised US$ 113 million (over Rs 805 crore) in the latest funding round led by existing investor Prosus NV. Meituan Dianping and Wellington Management Company also participated in...

Swiggy invests Rs 175 cr to set up 1,000 cloud kitchen in India

Food delivery major Swiggy on Wednesday said it has invested Rs 175 crore over a period of two years to set up over 1,000 cloud kitchens across 14 cities for its restaurant partners through its ‘Swiggy Access’ initiative. Swiggy said...

Swiggy launches ‘Daily’ app for homestyle meals

Homegrown food delivery start-up Swiggy on Monday launched "Swiggy Daily", an app to give consumers access to a variety of simple homestyle meals prepared by home chefs, tiffin service providers and organised vendors. Launched in Gurugram, the service will expand...

Food delivery start-up Swiggy raises US$ 1 billion from venture funds

Leading food ordering and delivery start-up Swiggy has raised US $1 billion (Rs 7,000 crore) venture funds from existing investors led by Naspers, to strengthen its technology and hire talent, it said on Thursday. "Swiggy will use the funds to...

Swiggy confirms on-demand delivery platform Scootsy’s buyout

Indian online food ordering and delivery platform Swiggy on Thursday confirmed it has acquired Mumbai-based on-demand delivery platform Scootsy in an all-cash deal which is likely to be to the tune of Rs 50 crore. With this acquisition, Swiggy will...
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Adidas Originals opens its first store in Lucknow at Lulu Mall

The store will feature the latest collection of Adidas Originals including Superstar, Stan Smith, NMD, EQT, Crazy and Forum,...
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