The development comes a week after Hari Kumar, who was the then CBO, resigned from the company
World Cup 2026 viewership in India is driving late-night demand for burgers, pizzas, fries and beverages on food delivery platforms
Analysts at JM Financial believe that 1QFY27 will reinforce the widening divergence between Blinkit and Instamart, with the former likely to outperform; they lowered target price on Swiggy to ₹250.
Dutch technology investor reports $781 million India revenue in FY26 as PayU posts positive adjusted Ebitda for the first time, while Swiggy's quick-commerce investments weigh on profits
Platforms say it increases compliance burden given nationwide framework
Aggressive expansion by Amazon and Flipkart, coupled with Zepto's IPO plans, is intensifying competition in India's fast-growing quick-commerce market and putting pressure on established players
The leadership changes come as competition intensifies in the quick-commerce segment, with incumbents and new entrants accelerating expansion plans
Zepto's IPO filing shows the company has emerged as Blinkit's closest challenger in quick commerce, although heavy investments in expansion continue to weigh on profitability
Majety is pledging restraint even as India hosts one of the world's most closely watched consumer-tech battles
Swiggy's food-delivery business showed strong growth and improving margins, but quick commerce continues to face intense competition and profitability pressure
Swiggy told stock exchanges it had failed to win the shareholder approval needed to amend its Articles of Association, a key step in its efforts to qualify as an IOCC
The brokerage has, however, reaffirmed its 'Buy' rating on Eternal with a target price of ₹400 per share, and on Swiggy with a target price of ₹360 per share
Swiggy's move to qualify as an Indian Owned and Controlled Company shows how new-age internet firms are revamping boards and ownership as quick commerce and ecommerce rules tighten under Fema rules
A customer in Bengaluru spent Rs 112,459 on Swiggy Dineout- single highest billing in the country on Mother's Day
Sensex Today | Stock Market LIVE Updates Monday: The GIFT Nifty signalled a negative start for the Nifty50 index amid heightened tension in West Asia
In the March quarter (Q4FY26), Swiggy reported that its net loss narrowed to ₹800 crore, lower than the net loss of ₹1,081 crore Y-o-Y
Stocks to watch today: Swiggy, NTPC, BoB, PVR Inox, SCI, Abbott India, Anant Raj, Canara Bank, IHCL, JSW Energy, UPL, Tata Consumer Products, among others, will remain in focus today.
Delivery times are improving and set to normalise soon as a large section of gig workers return to cities after the recent state elections and the peak harvest season, Swiggy and magicpin said. Anshoo Sharma, Founder and CEO of magicpin, told PTI the return of delivery riders is helping improve rider availability across food delivery platforms. "The delivery riders who were away from metros to cast their vote, are now back in cities. This is helping availability of riders for food delivery, and thus improving delivery times," Sharma said. He added that while temporary volatility may continue, the food delivery sector is expected to see growth after a difficult period over the last few months with an overall upside of up to 20 per cent. "To support merchants across food and other categories, magicpin has rolled out its AI assistant, Vera, which is seeing thousands of merchants adopt it everyday. Vera was launched as a response to the LPG crisis among small restaurants to manage thei
The company reported a loss of ₹1,065 crore in the previous quarter
Q4FY26 company results: Firms including Tata Consumer Products, ABB India, Bank of Baroda, Bank of India, Oberoi Realty, and Kalyan Jewellers are also to release their January-March earnings today