Page 3 - Swiggy

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

Rs 1 lakh dinner bills to 13000 cakes/hour: How India spent on Mother's Day

A customer in Bengaluru spent Rs 112,459 on Swiggy Dineout- single highest billing in the country on Mother's Day

Stock Market Close: Sensex plunges 1,313 pts, Nifty ends at 23,816 as West Asia conflict deepens

Sensex Today | Stock Market LIVE Updates Monday: The GIFT Nifty signalled a negative start for the Nifty50 index amid heightened tension in West Asia

Swiggy shares slip 7% on posting Q4; most brokerages cut target price

In the March quarter (Q4FY26), Swiggy reported that its net loss narrowed to ₹800 crore, lower than the net loss of ₹1,081 crore Y-o-Y