Page 32 - Swiggy

Swiggy enters high-end dining market with acquisition of Dineout

Online food delivery platform Swiggy on Friday announced it has acquired Dineout, a dining out and restaurant tech platform, for an undisclosed sum.

Swiggy scales down Supr Daily, temporarily suspends Swiggy Genie

The company in a blog stated that its restructuring Supr Daily and the services will be suspended in five cities, it also said that Swiggy Genie will be temporarily suspended in 3 cities.

Swiggy temporarily shuts Genie across cities due to worker shortage: Report

Swiggy Genie services have been impacted across Mumbai, Hyderabad, and Bengaluru, said report

Garuda Aerospace to export 12,000 drones, lowest bidder in RITES

Meanwhile, Garuda Aerospace has raised an undisclosed sum as Pre-series A funding from investors led by Ocgrow Ventures.

Food startups: Not all hunky-dory under Covid, not all bleak as it weakens

Not every enterprise Business Standard spoke to had it as good as Swiggy or Zomato, and some even saw their very business models at risk. But all feel the post pandemic era holds a lot of promise

Swiggy starts accelerator plan for delivery execs to assume managerial jobs

It's an industry-first move that will give such execs fixed pay and additional benefits; others likely to follow suit with similar schemes

Food delivery rivals Swiggy and Zomato back restaurant tech firm UrbanPiper

Restaurant management platform raises $24mn in series B funding

Rapido raises $180 mn at $830 mn valuation in funding round led by Swiggy

Swiggy's investment will leverage the synergies between the two companies to unlock more opportunities for delivery executives and captains across both fleets

Food delivery apps Zomato, Swiggy hit by hour-long technical glitch

Downdetector, a platform that collects status reports from a series of sources, recorded 3,619 reports of outage against Zomato at 2:05 PM and 771 against Swiggy at 2:21 PM

Zomato and Swiggy unable to take orders after Amazon Web Services snag

Twitter posts were flooded with complaints from users unable to place orders or browse menus and listings.

Will explain to CCI that we are not anti-competition, says Zomato

Competition watchdog to probe Swiggy and Zomato for alleged unfair practices with respect to pricing and listing of restaurants on their platforms

CCI to probe Zomato, Swiggy for alleged unfair business practices

CCI said allegations such as delayed payment cycle, imposition of one-sided clauses and exorbitant commission require investigation

After 2021 boom, how 2022 could be a year of reckoning for Indian startups

After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations

With culture at stake in unicorn land, spotlight on founder-VC equation

The BharatPe saga raises questions about the impact of outsized investor shareholding in young enterprises

Swiggy expects 2 mn Instamart cloth bags returned per month by end of year

Across 19 cities today, Swiggy Instamart consumers can return the extra bags through the Swiggy delivery executive

SoftBank-backed Swiggy eyes $800-mn IPO early next year: Report

Swiggy has begun adding independent directors to the board, and plans to position itself as a logistics company and not just a food delivery firm, according to the report

Top headlines: Ukraine fears lift oil to 7-yr high; Swiggy eyes $800-mn IPO

Business Standard brings you the top headlines on Tuesday

Rebel Foods scales up expansion of cloud kitchens amid Covid-19 pandemic

Mumbai-based Rebel Foods, and India's master franchise for US fast-food giant, Wendy's, have reached a new milestone with opening 28 new locations in 9 new Indian cities.

Food delivery giant Swiggy's revenue drops 23% in FY21 to Rs 2,145 crore

The company is strengthening its investment in the broader ecosystem

LIVE: Gen Rawat awarded Padma Vibhushan, Padma Bhushan for Nadella, Pichai

Congress leader Ghulam Nabi Azad, SII MD Cyrus Poonawalla to be conferred with Padma Bhushan