Page 33 - Swiggy

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

Swiggy becomes decacorn, valuation crosses $10.7 bn in new funding round

In the past few months, Swiggy has expanded Instamart to 19 cities

Top headlines: Swiggy becomes decacorn; Axis Bank's Q3 net profit surges

Business Standard brings you the top headlines on Monday

Swiggy raises $700 mn in new funding round led by Invesco

The funding round saw participation from new investors such as Baron Capital Group, Kotak, among others.

TVS Motor Company, Swiggy join hands for food delivery on electric vehicles

TVS said in a statement that the partnership highlights its commitment to strengthen electrification across diverse mobility segments

Gig economy gets pandemic push as online deliveries smash records on NYE

Covid was just the disruptor. Even before it struck, growing tech and digital enhancements had been propelling the growth of e-commerce and online services both within and outside India

Swiggy receives 9,500 orders per minute on New Year's Eve

'This year we exceeded all our plans by a big margin and were overwhelmed by the customer response,' the company said in a statement

Food aggregators like Swiggy, Zomato to collect 5% GST beginning Jan 1

Food aggregators like Swiggy and Zomato will have to collect and deposit tax at 5 per cent rate beginning Saturday