Page 23 - Swiggy

Zomato, Swiggy get notice for Rs 750 crore in unpaid taxes from DGGI

DGGI believes that since delivery is a service, Zomato & Swiggy are liable to pay GST on service

CWC 2023 final: SRK, Tharoor, others come out in support after India's loss

Shahrukh Khan was also among the admirers who attended the game on Sunday. Khan posted on X, 'The way the Indian team has played this whole tournament is a matter of honour'

Flavours of ICC Cricket World Cup final on apps: Food and flowers

Quick delivery platforms cater to demand surge, from pizza and burgers to coconuts and flowers for worship

Japanese investment giant SoftBank may partially exit Ola, Swiggy, FirstCry

Investment giant hopes to rake in handsome returns

SoftBank's Vision Fund hikes valuation of Swiggy, Ola Electric, FirstCry

SoftBank's Vision Fund is also increasing its focus on companies which can benefit from the artificial intelligence revolution

US-based Invesco marks up Swiggy's valuation by 43% to $7.85 billion

This comes after two markdowns by US investor in four months

Swiggy raises platform fee by 50% to Rs 3 on food delivery orders

Swiggy had begun levying a platform fee to its customers in April regardless of the order value

Zomato launches intra-city 'Xtreme' logistics service for merchants

As is the case with Zomato's food delivery service, merchants will be able to livetrack their shipments

Swiggy faces challenges after delivery workers go on strike in Mumbai

The delivery workers have been protesting since Sunday due to an alleged change in their incentive structure

Swiggy One Lite membership launched for Rs 99, offering discounts

This membership includes free delivery, extra benefits in food, and grocery, and 30 per cent extra discounts across over 20,000 restaurants

Swiggy accused of charging Rs 3 extra on orders, company says 'tech bug'

Swiggy had been accused of rounding up the bill total to the nearest whole number and adding Rs 3 to customers' order value

Expecting high demand, QSRs, retail companies expand their workforce

Reliance Retail (RR), the country's largest retailer, added the most number of employees at about 60,000 in FY23

Zomato stock rally may show signs of exhaustion from here on: Analysts

This is because the stock price of Zomato is factoring in all the positives, including earnings growth

Former Swiggy CTO Dale Vaz gets funding for new venture Aaritya Tech

At Aaritya, Vaz is now building a new-age trading platform for individual investors to help them trade and invest

Swiggy sees another high-level exit as senior V-P Anuj Rathi quits

Ashish Lingamneni, vice president (VP), head, brand and product marketing, and Nishad Kenkre, VP, head, revenue and growth, Instamart, have also left the food delivery firm in the recent past

Baron Capital nearly halves Byju's valuation, marks up Swiggy, Pine Labs

Byju's was last valued at $22 billion when it raised $250 million from Qatar Investment Authority in October last year

Swiggy restarts IPO plans, aims for July-Sept 2024 stock market listing

Swiggy in May said its core food delivery business had turned profitable, nine years after starting operations, even as its newer grocery delivery service, Instamart, continues to make losses

'Swiggy's return on investment for tech initiatives pretty massive'

We measure RoI for each of our technology initiatives, depending on various contributing factors such as the design, the product, the technology used, said Rao

Gogoro, Swiggy join hands for adoption of EVs in last-mile delivery

Electric vehicle battery-swapping solutions provider Gogoro Inc on Thursday announced a partnership with Swiggy to promote its electric Smartscooters to last-mile delivery partners of the on-demand convenience delivery platform across India. Gogoro and Swiggy will provide a seamless path for riders to adopt sustainable electric transportation and improve their business efficiency, Gogoro Founder and CEO Horace Luke said. "Partnering with Swiggy, a leading player in the industry, to provide access to Gogoro Smartscooters and battery swapping is essential in successfully transforming India's urban fleets to electric," he added. Swiggy Head of Operations Mihir Shah said, "This partnership with Gogoro is another key step in our commitment to creating greener and cost-effective solutions for our delivery fleet." Shah further said, "Gogoro's battery swapping technology represents a new generation of electric refueling that has proven successful on a mass scale for last-mile delivery, and

Consumer cos implement all-weather strategies amid climate uncertainty

Erratic weather patterns prompt consumer firms to adopt climate-smart approaches, hiring experts and leveraging data to mitigate logistics and demand disruptions caused by extreme weather events