Page 34 - Swiggy

Swiggy to give 2-day paid monthly period leave to female delivery partners

Other initiatives from Swiggy include enabling access to vehicles, access to hygienic restrooms, implementing safety measures for female delivery partners

Swiggy plans entry into community commerce with Swiggy Bazaar: Sources

Firm plans to leverage group buying model, puts out job postings on LinkedIn and Getwork for the upcoming vertical

Swiggy announces two liquidity events over 2 years for employees with ESOPs

The entire exercise is expected to be worth $35-40 million at the company's current valuation

Swiggy eyes category larger than food delivery; to change Supr's structure

Swiggy's foray into grocery delivery started with the acquisition of Supr Daily in 2018

Food aggregators see spike in number of user complaints: LocalCircles

Most complaints were about hygiene and quality. LocalCircles users complained of having received stale, expired or poorly packaged food when they ordered on aggregators' apps

GST Council extends concessions on certain Covid drugs till Dec 31: FM

The all-powerful GST Council on Friday extended concessional tax rates on certain Covid-19 drugs by three months till December 31

Top headlines: Food startups brace for GST menu; Apple unveils new range

Business Standard brings the top headlines of the day

Swiggy sets up development centre in Gurgaon, home turf of rival Zomato

The centre in Gurgaon will focus on building platforms and applications that will improve the overall experience of Swiggy's more than 150,000 restaurant partners across 500 cities and towns in India

Google-backed Cuemath appoints former Swiggy COO Vivek Sunder as CEO

As a chief operating officer, Sunder had scaled Swiggy's business manifold.

Edtech firm Cuemath appoints former Swiggy executive Vivek Sunder as CEO

Cuemath, an online math learning platform, on Thursday said it has appointed former Swiggy executive Vivek Sunder as its Chief Executive Officer.

Next 500 towns to be key growth drivers in the long run: Swiggy

The food aggregator's revenue from adjacent services is expected to be 50% over next 3-4 years from 25% now, says ICICI Securities report based on talks with Swiggy CFO Rahul Bothra

A Swiggy IPO could provide good returns, says SoftBank's Masayoshi Son

Last month, Swiggy closed a $1.25-bn fundraise, marking the first investment in the category by SoftBank Vision Fund 2, and raising its valuation by more than 50% to $5.5 bn

Swiggy aims to cover 800,000 km per day on electric vehicles by 2025

The food delivery giant has announced the commencement of trials that will increase the deployment of EVs in its delivery fleet

Reliance BP Mobility bets on EV battery swapping with Swiggy's fleet

RBML is also actively partnering with top OEMs, tech, and platform players for setting up fixed charging stations with a format-specific approach for cars (B2B fleets and B2C consumers) and buses

Swiggy commits to increase deployment of electric vehicles by 2025

The food aggregator looks to operate more sustainably

India quick commerce market to reach $5 bln by 2025: RedSeer report

Quick commerce refers to delivery of consumables within 45 minutes with a nominal delivery charge; Dunzo and Swiggy Instamart are some of the players

Swiggy valuation tops $5.5 bn after raising $1.25 bn from SoftBank, Prosus

The fundraise will give Swiggy enough firepower to take on rivals such as Zomato, Amazon, Dunzo and Ola Foods

Food delivery giant Swiggy elevates Phani Kishan as co-founder

Swiggy was co-founded by Majety, Rahul Jaimini and Nandan Reddy in 2014.

CCI clears SoftBank's $450-mn investment in food delivery firm Swiggy

Sources say funding is an extension of Swiggy's $800-mn round in April from investors such as Falcon Edge, Goldman Sachs and others, which took the company's valuation to $5 bn from $3.6 bn

Numerous instances of delay in payment by Zomato, Swiggy: NRAI

NRAI said there have been numerous instances of delay in payment by Zomato and Swiggy which has affected the entire cash flow of its partners.