Page 15 - Swiggy

Global investment group Prosus eyes five India listings in 12-18 months

While Prosus said that the exact timeline for the IPO announcements will come from the firms themselves, it also identified another five investee companies on its "future potential" IPO list

Swiggy expands its 10-minute delivery offering 'Bolt' to over 400 cities

Bolt is now active not only in emerging hubs, but also in Tier-2 and -3 cities such as Roorkie, Guntur, Warangal, Patna, Jagtial, Solan, Nashik, and Shillong

Swiggy expands 10-minute food delivery service 'Bolt' to over 400 cities

On-demand convenience platform Swiggy Ltd on Monday said it has expanded its 10-minute food delivery offering, Bolt, to over 400 cities and towns across India. Initially launched in Bangalore, Chennai, Hyderabad, New Delhi, Mumbai, and Pune, Bolt is now active in cities like Jaipur, Lucknow, Ahmedabad, Indore, Coimbatore, and Kochi as well, Swiggy said in a statement. Swiggy has expanded the 10-minute food delivery service to Tier-2 and Tier-3 cities such as Roorkee, Guntur, Warangal, Patna, Jagtial, Solan, Nashik and Shillong among others, it added. Andhra Pradesh and Telangana have witnessed the highest adoption for Bolt followed by Haryana, Tamil Nadu, Gujarat, West Bengal, Rajasthan and Punjab, it added. Swiggy said it is actively partnering with restaurants to optimise order prioritisation for Bolt orders that have food items with minimum or no preparation time. "To ensure safety of delivery partners, they are not informed of the distinction between Bolt and regular orders, a

Patience, luck key to finding cos to invest in: Ervin Tu, Ashutosh Sharma

Ervin Tu and Ashutosh Sharma of Prosus talk about their strategies for India and beyond

Onion crisis hits, Swiggy responds with Rs 39 sale after viral request

Swiggy Instamart launched a flash sale on onions for Rs 39/kg in Delhi -NCR after a viral Reddit post where a customer humorously requested extra onions due to soaring prices

Swiggy rallies 12% in 2 days after UBS initiates coverage with 'Buy' rating

UBS believes Swiggy is well positioned to benefit from the rapid growth in India's food delivery and quick commerce markets with an estimated GMV and revenue CAGR of 35% and 29% over FY24-27e.

Swiggy share price gains 7% as UBS initiates coverage with 'buy' rating

Shares of Swiggy ended at Rs 462, valuing the company at Rs 1.03 trillion

Swiggy Instamart wins quick commerce race with 8-minute delivery: JPMorgan

Swiggy Instamart surpassed its 6-minute delivery promise, achieving a median delivery time of just 8 minutes across the top four Indian cities, the fastest among its peers

Swiggy rolls out kitchen, hygiene, and photoshoot support for restaurants

Swiggy's initiatives include kitchen equipment support, hygiene audits, and photoshoot services to boost operations, hygiene, and customer engagement for restaurant partners

Swiggy Instamart is sending free 'tinday' on election day, here's why

Swiggy Instamart started a unique and creative campaign urging people to cast their votes in the Maharashtra Assembly elections 2024

BS Crunch: Swiggy vs Zomato | Which food stock will deliver better?

Swiggy has finally made its debut on the stock market, and with Zomato’s impressive track record, we’re here to find out. Can Swiggy really keep up with its rival Zomato? Watch the video to find out.

Stocks to watch, Nov 14: PFC, Eicher Motors, Vi, Nalco, Swiggy, ONGC

Stocks to watch, Nov 14: Here are few stocks that will be in limelight for today's session

Swiggy's IPO debut sees strong gains, but competition challenges loom

Swiggy will have to convert growth into profitability

Swiggy delivers 17% gains on stock market debut; Mcap tops Rs 1 trillion

The gains came despite overall market weakness amid sustained selling by foreign portfolio investors

Swiggy: From a forgotten idea to Rs 1 trillion market cap on listing

Swiggy is the first company to list through the Securities and Exchange Board of India's confidential listing route, highlighting the competitive nature of the sector

​Analysts prefer Swiggy over Zomato for the long term; here's why

Key catalysts, according to them include improvement in Instamart profitability, acceleration in platform Monthly Transacting User (MTU) additions, and reversal of market share losses

SC verdict on illegal demolitions, Swiggy shares debut, Musk to head DOGE & more

Swiggy shares debuted today, listing at Rs 420 on the NSE, a 7.7% premium and Rs 412 on the BSE which is up 5.6%. The food aggregator is set to turn nearly 500 of its employees into ‘crorepatis’

Swiggy to make 500 employees crorepatis after its IPO: Here's how

On the Bombay Stock Exchange (BSE), the stock opened at Rs 412, registering a 5.64% gain from the issue price. This listing is set to bring significant value through Esops

Rival Zomato's CEO congratulates Swiggy on stock market listing

In a kind gesture, Zomato CEO Deepinder Goyal on Wednesday congratulated rival Swiggy on its stock market debut, whose shares got listed at a premium of nearly 8 per cent on the NSE. "Congratulations @swiggy! Couldn't have asked for a better company to serve India with..," Goyal said in a post on X, tagging another post by Zomato which said, "You and I... In this beautiful world @Swiggy". Swiggy got listed at Rs 420, a jump of nearly 8 per cent from the issue price on the NSE. The Rs 11,327-crore initial public offer of Swiggy got fully subscribed on the final day of the share sale on Friday, ending with 3.59 times subscription. Marking its stock market debut, Swiggy rolled out an ad film encapsulating the brand's ethos and the decade-long journey that led to the milestone. In a tribute to the backbone of Swiggy's operations, two of the company's delivery partners, Jigar Khan and Namrata Vora, were invited to join Swiggy's Co-Founders and Management Team on stage at the National St

Swiggy enters the stock market, Zomato shares heartfelt post: 'You and I…'

Zomato shared a social media post featuring a banner announcing Swiggy's listing, the post shows a friendly nod between the two food delivery applications