Page 11 - Swiggy

Zomato, Swiggy now levy rain surcharge on Gold, One premium users

Zomato and Swiggy will now apply rain surcharge on premium members ending earlier waivers as both platforms intensify efforts to boost profitability and cut losses

Swiggy delivers over 300k cakes on Mother's Day 2025, big jump from 2024

Major cities like Mumbai, Bangalore, Delhi and Hyderabad topped the list for cake orders on Mother's Day 2025. Smaller cities like Nellore, Ujjain, Bhilwara, Kurukshetra also saw surge in cake orders

Softbank reports 1st profit in 4-yrs; India bets Ola, Swiggy weigh on SVF2

SoftBank posts ¥1.15 trillion FY25 profit but reports ¥561.7 bn loss in SVF2 due to share declines in Indian bets Ola and Swiggy, which fell nearly 40 per cent

Flipkart leadership shake-up: 4 executives exit as IPO pressures intensify

At least four senior Flipkart leaders, including SVP Ankit Jain, have quit amid rising cost pressures, IPO plans, and intensifying rivalry in the quick commerce space

Why are Swiggy shares under pressure today? Stock hits all time low

Swiggy share price: JM Financial suggested long-term investors can use these pressures to build a sizable position in Swiggy

Quick-commerce margins and execution are key to gains in Swiggy stock

Management indicated that the quick commerce segment saw peak losses in Q4 and there will be progressive improvement

Swiggy Q4 results: Loss widens to ₹1,081 cr despite record Instamart growth

Quick commerce drives 45 per cent revenue growth at Swiggy in Q4FY25 but expansion costs and elevated incentives push adjusted EBITDA loss to ₹732 crore

Swiggy Q4 result: Loss almost doubles to ₹1,081 cr, revenue jumps 45%

Swiggy Q4 FY25 result: Swiggy's consolidated loss for the entire year widened to ₹3,116.8 crore compared to ₹2,350.2 crore in FY24

Q4 results today: Swiggy, Dr Reddy's among 69 firms on May 9; see full list

Q4 FY25 company results today: Birla Corporation and MapmyIndia will be among 69 companies to post earnings reports for the January-March quarter on May 9

Stocks to Watch today, May 9: Britannia, Swiggy, Titan, Kalyan Jewellers

Stocks to Watch on May 9, 2025: Britannia, REC, Titan, Kalyan Jewellers, Paytm are among stocks that will remain on investors' and traders' radar today

Swiggy Q4 results preview: Will losses widen? Here's what brokerages expect

Swiggy Q4 results preview: Analysts project a 36% YoY revenue rise for the food delivery platform, but warn that losses may deepen amid rising expenses

Swiggy soars 10% on heavy volumes; logs sharpest intra-day rally in 2025

The average trading volumes at the counter jumped nearly eight-fold; with a combined 33.3 million equity shares representing 1.5% of the total equity of the company changing hands on the NSE and BSE.

Swiggy Bolt expands to 500 cities as Zomato shuts down 'Quick' service

Swiggy Bolt now handles one in every ten food orders on the platform, marking rapid expansion even as rival Zomato discontinues its instant delivery service 'Quick'

Swiggy expands 10-minute food delivery service 'Bolt' to over 500 cities

Swiggy on Friday said its 10-minute food delivery service 'Bolt', which was launched in October last year, is now operational in more than 500 cities across the country. Presently, at least one in every 10 food delivery orders delivered by Swiggy are delivered using the 'Bolt' service. The offering is now available in over 500 cities across India. Swiggy's scaling up of 'Bolt' comes at a time when its rival Eternal, formerly Zomato, has announced shutting down of the 'Zomato Quick' offering, stating it is not seeing the path to profitability without compromising on customer experience, observing that the current restaurant density and kitchen infrastructure is not set up for delivering orders in 10 minutes, leading to inconsistent customer experience. Swiggy Food Marketplace CEO Rohit Kapoor said, "Bolt fits into the way people live today. You're hungry, you want something now, and you don't want to compromise. We built Bolt for that moment. Seeing it scale to 500-plus cities in ju

NRAI dials Rapido to challenge dominance of Swiggy, Zomato in food delivery

Initially launched as a ride-hailing platform, Rapido is eyeing to enter food delivery to challenge the dominance of Swiggy and Zomato

ONDC & NRAI working together to shape a robust framework for food business

Several restaurant members had told Business Standard that there could be a tie-up with Rapido

Cooperation ministry signs MoU with Swiggy Instamart to market products

The cooperation ministry has signed a memorandum of understanding with Swiggy Instamart to onboard cooperative dairy and other products on the e-commerce platform. Under the agreement, products under Bharat Organics and other cooperative dairy products will be available on Swiggy's e-commerce and q-commerce platforms. The agreement was signed on Friday by Swiggy Instamart CEO Amitesh Jha and Joint Secretary of the ministry D K Verma, with Cooperation Secretary Ashish Kumar Bhutani present at the ceremony. "The signing of MoU will facilitate cooperatives to connect to new age customers through new age technologies," the ministry said in a statement. Swiggy will create a dedicated "Cooperative" category on its platform, featuring organic products, dairy, millets, handicraft and other items developed by cooperative organizations. The partnership aims to support cooperative brands in marketing, promotion, consumer technology and capacity building, according to the ministry. The ...

Swiggy tanks 6% on heavy volume, nears record low; Key reasons for fall

FPIs' stake in Swiggy declined to 4.9% in the March 2025 quarter from 6.2% at the end of December 2024 quarter, shows the shareholding data.

Delhi HC seeks response from Swiggy, Zepto, Meity on PwD accessibility plea

The petition has been filed by Mission Accessibility, an NGO advocating the rights of persons with disabilities

Delhi High Court seeks response from CCI and Zomato on NRAI plea

Plea challenges its exclusion from the confidentiality ring giving access to CCI probe documents