Page 2 - Swiggy

FSSAI issues notices to Swiggy Instamart after complaints of expired food

Food regulator FSSAI on Saturday said it has issued 9 notices to Swiggy Instamart following several consumer complaints, including of alleged supply of rotten and expired food products by the platform. Instamart is the quick-commerce platform of Swiggy. In a social media post on X, Food Safety Standards Authority of India (FSSAI) said it has "issued 9 notices to Swiggy Instamart following multiple consumer complaints alleging violations under the FSS Act 2006." Consumer complaints alleged the supply of expired, spoiled, rotten, contaminated and otherwise unafe food products through Swiggy Instamart, the regulator said. The regulator has directed the platform to submit a detailed explanation and compliance report failing which appropriate legal action will be initiated. Elaborating on the consumer complaints, FSSAI said, "An infant food formulation was reportedlv found in a highly deteriorated and unsafe condition, showing signs of contamination and improper storage and ...

Swiggy's Toing app back online after nearly 24 hour outage across cities

Swiggy's standalone food delivery app Toing has suspended services across multiple cities, with the company attributing the disruption to a technical issue, according to sources

Swiggy gains 7% on expansion of Food on Train network; book profit or hold?

The company said orders through the service increased threefold during April-June 2026 compared with the year-ago period

Swiggy expands Food on Train offering to 180 cities as orders jump 3x

Swiggy has expanded its Food on Train service to 180 cities, with orders tripling year-on-year in April-June 2026 as demand for onboard meal delivery gathered pace

Swiggy's domestic ownership crosses 50%, becomes Indian-owned entity

Domestic ownership has crossed 50 per cent, paving the way for Swiggy to seek Indian-owned and controlled company status that could enable Instamart to adopt an inventory-led model

Swiggy gains 6% after foreign investment hits 49.76%; IOCC status in focus

The company has informed the exchanges that total foreign investment in Swiggy stood at approximately 49.76 per cent of the total paid-up equity share capital as of July 6, 2026

Quick commerce is booming. So why have Blinkit and Swiggy shed $15 billion?

Despite rapid growth, Eternal (Blinkit) and Swiggy have lost over $15 billion in market value as Amazon, Flipkart and Reliance intensify the battle.

Swiggy Instamart appoints Gautam Swaroop as chief business officer

The development comes a week after Hari Kumar, who was the then CBO, resigned from the company

From burgers to pizzas, Fifa nights drive food delivery orders in India

World Cup 2026 viewership in India is driving late-night demand for burgers, pizzas, fries and beverages on food delivery platforms

Swiggy hits new all-time low, down 8% in June; JM Financial lowers target

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.

Prosus' India revenue up 13%; PayU turns profitable, Swiggy offsets gains

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 challenge Karnataka gig workers' Act, flag double payout

Platforms say it increases compliance burden given nationwide framework

Amazon's rapid delivery push wipes out $15 billion from Eternal, Swiggy

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

Swiggy Instamart COO Ankit Jain, CBO Hari Kumar resign amid reshuffle

The leadership changes come as competition intensifies in the quick-commerce segment, with incumbents and new entrants accelerating expansion plans

Zepto closes in on Blinkit in scale but profitability remains elusive

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

Swiggy CEO Majety vows to stay out of Amazon-Walmart spending war in India

Majety is pledging restraint even as India hosts one of the world's most closely watched consumer-tech battles

Food delivery metrics improve for Swiggy even as QC remains under pressure

Swiggy's food-delivery business showed strong growth and improving margins, but quick commerce continues to face intense competition and profitability pressure

Swiggy's IOCC setback may delay Instamart's next expansion phase

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

Eternal better placed than Swiggy post fuel hike, says Elara; check targets

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

Why startups are restructuring to secure Indian-controlled status

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