Page 27 - Swiggy

US investment firm Invesco slashes Swiggy valuation by 33% to $5.5 billion

This is the second time Invesco has trimmed the valuation of Swiggy, which is backed by SoftBank and Prosus

TMS Ep327: Swiggy fee, India's semiconductor industry, silver, World Bank

Why is Swiggy charging you a platform fee? Why are Taiwanese chip firms a tough catch for India? Should you add silver to your portfolio? What is the World Bank and what does it do? All answers here

Multi-service platform ONDC beating Swiggy, Zomato: All you need to know

ONDC intends to bring the benefits of digitisation to millions of sellers and resellers in the country

Top 5 headlines: India Inc's net profit in Q4, FAME funds allocation & more

Business Standard brings you top news at this hour

Govt-backed ONDC looks to take a bite from Zomato and Swiggy plate

ONDC is not an app but a facilitative platform designed to "revolutionise" digital commerce

Flavour of season: It's a premier league for food delivery firms this IPL

Downloads of food delivery apps like Zomato, Swiggy, Domino's, etc. have gone up in April over February

Swiggy expands its premium food delivery service Gourmet to 31 cities

This comes days after Swiggy closed down its premium grocery delivery offering, Handpicked, just six month after it was introduced as a pilot in Bengaluru

Swiggy disbursed over Rs 31 cr in claims to delivery partners in FY22-23

This is an increase of around 10% when compared to the FY 2021-2022

Swiggy disbursed over Rs 31 cr in claims to delivery partners in FY22-23

Online food delivery platform Swiggy on Wednesday said it disbursed more than Rs 31 crore in claim amounts to its delivery partners in the fiscal year 2022-2023

Swiggy shuts premium grocery delivery service 'Handpicked' in Bengaluru

Through Handpicked, Swiggy used to sell a selection of premium, gourmet, imported and hard-to-get grocery items

Swiggy's new Rs 2 'platform fee' on food delivery order irks users

The move has drawn the ire of many Swiggy users, who took to Twitter to voice their complaints

Swiggy unveils 'platform fee' of Rs 2 on food orders in monetisation push

Rolled out in phases over last week, the fee is applicable only on food delivery orders at the moment and not on orders on Instamart - the company's quick commerce arm

Swiggy partners with apna to hire 10,000 gig workers from tier 2, 3 cities

Online food delivery platform Swiggy has partnered with jobs and professional networking company apna to create 10,000 hyperlocal opportunities for its quick commerce grocery service -- Instamart -- in 2023. With this, the company is aiming to strengthen its delivery workforce in tier 2 cities. Announcing the partnership on Thursday, apna shared that in 2022, over 15 lakh users from tier 2, tier 3 cities and beyond applied for 30 lakh delivery roles on the platform, comprising almost 70 per cent of the new users growth in the delivery segment. Acquiring talent from tier 2 and 3 cities has been a daunting task for many organisations, owing to challenges such as lack of orientation, industry knowledge, inadequate experience, and ignorance about the current market scenario. This problem is particularly pronounced in India, where companies have long struggled to hire talent from smaller cities and towns. "With opportunities for delivery partners emerging in deeper pockets of the count

Swiggy partners 'Apna' to create 10K jobs for Instamart this year

Industry reports estimate that the delivery workforce will be around 23.5 million by 2029-30

Swiggy CTO Dale Vaz steps down, Madhusudhan Rao named for his role

Karthik Gurumurthy, another senior executive of the firm, reportedly going on sabbatical

US-based investors significantly cut market valuation of BYJU's, Swiggy

Swiggy reached a $10.7 billion valuation in a round led by Invesco in January last year

4 reasons why HSBC thinks Zomato is a great buy at the current levels

HSBC said, Zomato has seen an improvement in the market share it lost to Swiggy, thanks to the launch of Zomato Gold

Swiggy starts 'Launchpad' for restaurants at 0% first month commission

Move seeks to encourage restaurants new to the platform to see online food delivery as an incremental growth channel. Restaurant partners can save up to Rs 20,000 on commissions, other benefits

Swiggy accused of Hinduphobia as bashing of Holi ad trends on Twitter

#HinduPhobicSwiggy goes viral; foodtech firm isn't the first to draw netizen ire and many festive ad campaigns in the past have fallen prey to social media trends

Swiggy takes down 'egg ad' billboards in NCR for Holi after backlash

Swiggy's egg ad billboard for Holi has been taken down after a section of people expressed "outrage" on social media. The advertisement said, "Omelette - Sunny side-up - Kisi ke sarr par. #BuraMatKhelo. Get Holi essentials on Instamart." Though there is no official statement from Swiggy on the matter, a source told PTI, "The billboard ads were only in Delhi-NCR and have been taken down now." Soon after the ad was put up, several people tweeted with the hashtag "HinduphobicSwiggy", urging people to boycott the food and grocery delivery service provider. All India Sadhu Samaj member and former president of the Kutch Sant Samaj wrote, "Hey @swiggy, it's not okay to give selective gyan on Hindu festivals. Your Holi reel and Billboard is creating a wrong perception about Holi. You must apologize and take steps to promote cultural inclusivity." VHP leader Sadhvi Prachi also objected as she wrote, "Hey Swiggy, why don't you give similar gyan on Eid/Christmas? Afraid of Sar Tan Se Juda ga