Capex guidance per dark store has risen to around ₹2.5 crore from ₹1 crore as newer facilities exceed 5,000 sq ft and carry wider product assortments
The offering, available to paid members and invited travellers, provides AI-supported assistance with itineraries, reservations, transport and other travel needs
Swiggy shares falling: According to an announcement by MSCI, Swiggy will be deleted from the Global Standard Indices owing to its foreign ownership limit, triggering potential passive outflows.
The service now covers 201 stations, up from 66 in 2024, with adoption in tier-2 and tier-3 cities growing twice as fast as in metros over the past two years
CLSA says Blinkit has the largest dark-store network in India's top cities and is the only major player expanding beyond them, positioning it to gain as adoption spreads
Shareholder approval clears a regulatory hurdle as Swiggy prepares an inventory-led qcom model that could boost reported revenue, margins and operational control
The Karnataka food safety department has also ordered action against suppliers and sellers linked to the online sale of Datura on the three platforms
Stocks to watch today: Swiggy, Manipal Health, Biocon, L&T Finance, Crompton Greaves, RailTel Corporation, Sammaan Capital, EaseMyTrip, among others, will be in focus today.
Shareholders also approve amendments to the Articles of Association allowing co-founders Sriharsha Majety and Phani Kishan Adepally to retain majority board representation
Himavant Kurnala has been appointed Chief Growth and Product Officer, Instamart, Nitesh Garg the Chief Technology Officer, Instamart, and Saurav Goyal the Chief Operating Officer, Food Marketplace.
Food delivery aggregator Swiggy on Monday announced the rollout of its AI Assistant 'Guru' for its restaurant partners, to track payouts and monitor the performance of their campaigns across over 720 cities and accessible to 2.7 lakh restaurants. Menu insights on Guru allow partners to add items, generate descriptions, and highlight top-selling items to deliver personalised insights, by analysing the category performance and what is working for them, Swiggy said. Rohit Kapoor, CEO, Swiggy Food Marketplace said, "Today, AI has redefined how businesses operate and is driving higher efficiency across industries. Having partnered with restaurants for over 12 years, we understand the operational demands and constant multi-tasking that our partners navigate every single day".
Reports of food contamination are common in India's local eateries, and Maharashtra's drive and Mundhe are gathering social media attention
Launched in July 2025, 99 Store is a curated in-app offering that caters to value-conscious customers.
Proposed changes could require delivery platforms to run EV fleets, track vehicles, provide insurance, and contribute 2% of each ride's fare to a driver welfare fund
The food delivery platform expects strong expansion in Instamart and aims to nearly quadruple consolidated gross order value by fiscal 2031
The proposal to levy a fee on UPI transactions could put quick commerce in the slow lane
Eternal leads on market share, profitability and scale, but Swiggy's faster Ebitda growth, improving retention and product innovation could support a valuation re-rating
Sensex Today | Stock Market LIVE Updates Friday: The GIFT Nifty indicated a positive open for the Nifty50 index. Overnight rise in Wall Street AI shares lifted Asian indices to record gains
Flipkart's reported food delivery plans point to a shift in India's consumer internet sector, where companies are expanding beyond core businesses to up customer engagement, unlock new revenue streams
Blinkit currently leads the quick commerce market, with a market share of 52 per cent, followed by Zepto at 27 per cent and Instamart at 21 per cent.