Online Food Delivery

Swiggy on Thursday said its board has approved a proposal to cap the company's aggregate foreign ownership at 49.5 per cent on a fully diluted basis, as part of its endeavour to qualify as an Indian-owned-and-controlled firm. The proposal will now be placed before shareholders for approval through a special resolution at the company's 13th Annual General Meeting (AGM) on August 18, a regulatory filing said. The IOCC (Indian owned and controlled company) status would allow Swiggy to directly own and sell inventory through its quick commerce brand Instamart, a move expected to improve margins and strengthen supply chain control. Rival Blinkit, owned by Eternal, follows an inventory-led model. The food delivery and quick commerce firm has been trying to qualify as an IOCC. In May, Swiggy failed to secure the requisite shareholder approval to alter its Articles of Association, through which it had aimed to qualify as an IOCC. Besides greenlighting the foreign ownership cap proposal, .

Swiggy's standalone food delivery app Toing has suspended services across multiple cities, with the company attributing the disruption to a technical issue, according to sources

Swiggy has expanded its Food on Train service to 180 cities, with orders tripling year-on-year in April-June 2026 as demand for onboard meal delivery gathered pace

World Cup 2026 viewership in India is driving late-night demand for burgers, pizzas, fries and beverages on food delivery platforms

Food delivery and e-commerce platform magicpin aims to more than double the merchant base of its AI assistant, Vera, to over 10 lakh by the end of 2026, after onboarding more than 5 lakh restaurants and retailers within three months of its launch, Founder and CEO Anshoo Sharma said. Launched during the recent LPG crisis, Vera provides restaurants and retailers with real-time order-volume insights to help them plan operations and manage demand more effectively. According to magicpin, the AI platform has facilitated over 50 lakh interactions across merchant workflows, with more than 5 lakh merchants actively using Vera across over 25 business verticals. "We believe this is just the beginning of how AI will transform the way merchants operate and grow. The pace of adoption has been much faster than we expected. magicpin aims to onboard 1 million (10 lakh) merchants on Vera by the end of 2026," Sharma told PTI. Among merchants with identified city-level data, Bengaluru leads adoption w

E-commerce and food delivery firms step up cooling infrastructure, insurance cover and welfare measures for gig workers as rising temperatures and heatwave warnings intensify across India

Eternal is aiming to double its B2C net order value to $20 billion by FY28 and reach $1 billion in adjusted Ebitda by FY29, driven by growth across Blinkit, District and Zomato

The share price of Swiggy is quoting lower for a fifth straight trading day, falling 7.5 per cent during the period

Swiggy sees leadership changes as co-founder Nandan Reddy exits board, new directors join and company amends nomination rights of key investors

Food delivery platform Swiggy has hiked the platform fee it charges users to Rs 17.58 per order, its app showed on Tuesday, days after rival Zomato increased the charges. Swiggy had last hiked its platform fee in September last year. The company has now raised it to Rs 17.58 per order inclusive of GST, whereas rival Zomato charges Rs 14.90 on a pre-GST basis. The latest round of increase by Swiggy brings the platform fee charged by both food delivery players effectively at par with each other (to around Rs 17.58 per order). On March 20, Zomato hiked the platform fee it charges users by Rs 2.40 to Rs 14.90 per order on a pre-GST basis. Platform fees are fixed, per-order charges in addition to delivery and restaurant fees. To cover operating costs, technology maintenance, and customer support for services. The latest hike in platform fees is set to make ordering food costlier for millions of users across the country. The increase in platform fees by Zomato and Swiggy comes at a tim

Though Zomato and Swiggy are not witnessing any fall in volumes; however, they may see short-term demand pressure from LPG-dependent restaurants, analysts cautioned

Gig worker union flags sharp fall in food delivery orders as LPG shortages shut restaurants and cloud kitchens, seeks ₹10,000 relief for workers and an urgent meeting with government

The stock price of Swiggy slipped 5% and hit an all-time low of ₹285.85 on the BSE in Monday's intra-day, thus fell below its previous record low of ₹297 touched on May 13, 2025.

Food delivery and quick commerce firm Swiggy on Thursday said it has expanded its 'Food on Train' service, in collaboration with IRCTC, to 152 stations across India in 12-month period, up from 70 stations a year-ago, driven by a rising nation-wide demand for diverse culinary options. The company also said it plans to focus on diversity by doubling down on transit hubs across India, from major junctions to regional stops like Itarsi (Madhya Pradesh), Tirunelveli (Tamil Nadu) and Kharagpur (West Bengal). Swiggy has doubled down on its 'Food on Train' service, marking a 117 per cent growth in network expansion-- from 70 stations in February 2025 to 152 stations as of February 2026, it said. Swiggy also announced the launch of Holi special food menu for travellers from February 28 to March 8 and said that it also has expanded its 'Train Friendly Dishes' menu, a segment engineered for high-speed convenience. "This nationwide expansion is perfectly timed for the Holi travel rush. We will

Flipkart is exploring entry into online food delivery, with a pilot likely in Bengaluru by mid-2026; the company is studying whether to launch its own app or use ONDC to compete with Zomato and Swiggy

However, in the past six months, Swiggy (down 13 per cent) and Eternal (down 1 per cent) have underperformed the Sensex (up 5 per cent), amid concerns regarding increased competition

The AI-enabled hotline converts Zomato's multi-step delivery partner onboarding into a WhatsApp-based process completed in under 30 minutes, with strong early response

The newly launched platform operates on a zero-commission model and does not charge any fee from restaurants, but only a standard delivery fee based on distance from customers

Swiggy's quick commerce GOV rose 103.2% Y-o-Y to ₹7,938 cr while its average order value increased about 40 per cent to ₹746

The market price of Eternal hit an intra-day low of ₹250.40 on Tuesday and has tanked 32% from its 52-week high of ₹368.40 touched on October 16, 2025 amid concerns regarding increased competition.