Eternal, with its category leadership and Blinkit's rapid horizontal expansion, is well-positioned to replicate this trend in India, providing high visibility for sustained growth
Bolt now accounts for a tenth of Swiggy's orders, with higher stickiness and wider restaurant onboarding
In the January to June period this year, Swiggy grew its customer base by 35 per cent year-on-year (Y-o-Y) to 21.6 million and its GOV was up 43 per cent
According to JM Financial Institutional Securities, in a worst-case scenario, the amount payable by Eternal and Swiggy towards the fund would work out to around ₹2.1-2.5 per order
On-demand convenience firm Swiggy Ltd on Saturday termed the newly notified labour codes as a "transformative step" that will unlock far-reaching benefits for millions of workers. While supporting the government's vision of a modern and inclusive social security net, in a regulatory filing, Swiggy said it does not anticipate any material impact from the CoSS (the Code on Social Security, 2020) on its business sustainability, cost structure, or long-term financial performance. The government on Friday notified the four labour codes, which have rationalised 29 existing labour laws. These will formalise employment, strengthen worker protection, and make the labour ecosystem simpler, safer and globally aligned. Under the new codes, 'gig work', 'platform work', and 'aggregators' have been defined for the first time. The codes stipulate that aggregators employing gig workers must contribute 1-2 per cent of annual turnover to social security, with the total contribution not exceeding 5 per
CLSA noted that India's largest consumption categories, those with market sizes above $1.5 billion, are concentrated in beauty and personal care products
The delivery partners can enrol for the courses via the Swiggy Partner app
Swiggy has informed select restaurant partners that it will begin charging an additional fee on Swiggy One orders from November 25, adding to existing commissions
Chandan Taparia, head of derivatives and technicals, Wealth Management at Motilal Oswal Financial Services, has recommended buying shares of Eternal and Swiggy
The company had started pilot testing the new app a few months ago. During that stage, while the app was available on the Google Play Store and Apple App Store, it could only be accessed by invitation
myBiz, MakeMyTrip's SaaS-based corporate booking platform, and Swiggy on Tuesday announced a partnership to simplify meal expense management for corporate travellers across the country. With this partnership, corporate travellers can seamlessly order meals through 'Swiggy for Work' on the Swiggy app and pay directly using the myBiz corporate wallet, according to a statement. All transactions are automatically captured in company expense systems, giving finance teams real-time visibility and ensuring policy compliance. Employees will need a one-time authorisation with their corporate ID to get started. "With this partnership, we are combining Swiggy's restaurant network and delivery infrastructure with myBiz's corporate travel ecosystem to take the complexity out of business meal management. It's a step forward in our mission to make corporate travel not just seamless, but truly end-to-end convenient for employees and finance teams alike," MakeMyTrip Co-Founder and Group CEO Rajesh
Eternal stock is seen trading below the 100-DMA support after May 2025; whereas Swiggy is seen testing the long-term moving average for the first-time since its debut.
The heated discount war is raising concerns that profitability for India's delivery firms may remain under pressure after second-quarter earnings missed estimates
Stocks to Watch today: Nykaa, Torrent Pharma, Trent, JSW Cement, Swiggy, Concor and Havells India are among the stocks to watch today, November 10, 2025
Swiggy's board has cleared a proposal to raise up to Rs 10,000 crore through QIP and other routes to fund growth in its quick commerce business and strengthen financial reserves
The move comes a week after Swiggy said it was exploring new fundraising options in response to rising competition and a rapidly changing external market environment
Bernstein set a target price (TP) of ₹570 for Swiggy and ₹390 for Eternal, calling both companies the best placed to capture value in a competitive but fast-expanding digital consumption landscape.
After a brief period of calm & improving profitability, both Eternal (Zomato) & Swiggy appear set for another showdown, reminiscent of the fiery land-grab phase that began in late 2024, analysts said.
Technical charts suggest that ITC, Adani Power, Dabur India, NTPC and Hyundai Motor India shares can potentially rally up to 26% on the upside; whereas Dabur India and Bandhan Bank can decline by 10%.
Swiggy's food delivery (FD) arm continued its solid performance in the September quarter (Q2FY26), driven by sustained order growth and operational efficiency.