myBiz, MakeMyTrip's SaaS-based corporate booking platform, and Swiggy on Tuesday announced a partnership to simplify meal expense management for corporate travellers across the country. With this partnership, corporate travellers can seamlessly order meals through 'Swiggy for Work' on the Swiggy app and pay directly using the myBiz corporate wallet, according to a statement. All transactions are automatically captured in company expense systems, giving finance teams real-time visibility and ensuring policy compliance. Employees will need a one-time authorisation with their corporate ID to get started. "With this partnership, we are combining Swiggy's restaurant network and delivery infrastructure with myBiz's corporate travel ecosystem to take the complexity out of business meal management. It's a step forward in our mission to make corporate travel not just seamless, but truly end-to-end convenient for employees and finance teams alike," MakeMyTrip Co-Founder and Group CEO Rajesh
Eternal stock is seen trading below the 100-DMA support after May 2025; whereas Swiggy is seen testing the long-term moving average for the first-time since its debut.
The heated discount war is raising concerns that profitability for India's delivery firms may remain under pressure after second-quarter earnings missed estimates
Stocks to Watch today: Nykaa, Torrent Pharma, Trent, JSW Cement, Swiggy, Concor and Havells India are among the stocks to watch today, November 10, 2025
Swiggy's board has cleared a proposal to raise up to Rs 10,000 crore through QIP and other routes to fund growth in its quick commerce business and strengthen financial reserves
The move comes a week after Swiggy said it was exploring new fundraising options in response to rising competition and a rapidly changing external market environment
The move extends delivery times and lowers per-order payouts for delivery partners
Bernstein set a target price (TP) of ₹570 for Swiggy and ₹390 for Eternal, calling both companies the best placed to capture value in a competitive but fast-expanding digital consumption landscape.
After a brief period of calm & improving profitability, both Eternal (Zomato) & Swiggy appear set for another showdown, reminiscent of the fiery land-grab phase that began in late 2024, analysts said.
Notably, the platform fee is an amount companies charge for operations like running and maintaining their applications, while the delivery fee goes to delivery partners
Sensex Today | Stock Market close: Barring Nifty PSU Bank and Nifty Oil & Gas, all other sectoral indices on the NSE settled lower
Technical charts suggest that ITC, Adani Power, Dabur India, NTPC and Hyundai Motor India shares can potentially rally up to 26% on the upside; whereas Dabur India and Bandhan Bank can decline by 10%.
Swiggy's food delivery (FD) arm continued its solid performance in the September quarter (Q2FY26), driven by sustained order growth and operational efficiency.
The company's board of directors is scheduled to meet on November 7, 2025, to consider and approve the raising of funds up to Rs 10,000 crore through public or private offerings.
Food delivery and quick commerce firm Swiggy, which owns Instamart, on Thursday said its Board will meet on November 7 to consider and approve a proposal to raise Rs 10,000 crore through a qualified institutional placement. Swiggy said the external environment is competitive and dynamic, and hence the company's board will consider raising additional funds. "With the current cash balance to be further bolstered by the Rs 2,400 crore Rapido divestment, we feel comfortable about our overall balance sheet strength, and are well-funded for our growth ambitions," Swiggy said in a letter to shareholders. "However, the external competitive environment is dynamic, and legacy and new players continue to attract investments to the sector. This has necessitated a conversation with the Board to consider additional fundraising, which will give us access to sufficient growth capital while enhancing our strategic flexibility. Hence, the Swiggy Board will be meeting on 7 November 2025, to consider a
India's quick commerce industry, which promises to deliver everything from milk to mobile phones in minutes, has ignited an investment frenzy as it grows at a blistering pace
Sensex Today | Stock Market close: In the broader markets, the Nifty MidCap 100 rose marginally by 0.1 per cent and the Nifty SmallCap 100 indices fell 0.1 per cent, respectively
Q2FY26 company results: Firms including Hyundai Motor, NTPC, United Spirits, Canara Bank, NTPC, Bandhan Bank, and Lodha Developers are also to release their July-September earnings reports today
Stocks to Watch Today, October 30, 2025: Wipro, L&T, Coal India, United Breweries, Ola Electric, ITC, Swiggy, Mankind Pharma, and Dr Reddy's Labs are among the top stocks to watch today
Swiggy Q2 results preview: The company's revenue for the quarter under review is expected to jump 51 per cent in Q2FY26, on average, to ₹5,448.83 crore as compared to ₹3,601.5 crore a year ago