Page 35 - Swiggy

Swiggy's revenue jumps 115% to Rs 2,776 cr, losses up 61% to Rs 3,768 cr

The Bengaluru-based food delivery giant's total expenses for the fiscal were reported as Rs 6,545 crore

SoftBank-backed Grofers eyes Rs 10,000 cr GMV by March on heavy GOBD sales

The Gurugram-based firm is expecting its GMV to touch around Rs 30,000 crore by 2022 as the coronavirus pandemic has accelerated the shift towards online grocery

Over Rs 950-crore tax evasion by Flipkart unit, Swiggy: I-T department

Tax concealment in case of Walmart-owned Flipkart's unit is about Rs 650 crore while the remaining estimation is related to Swiggy, said a tax official privy to the preliminary findings

DGGI issues show-cause notice to Amazon India over Rs 175 cr tax demand

Probe has allegedly found calculation errors by Amazon. The company paid higher GST but instead of claiming refund took wrong input tax credit

Meat startups move to stem bird flu fear, give assurance on poultry quality

While organised meat startups claim 100% traceability of their products with full biosecurity, unorganised meat market has taken a beating, going down by 20-25%

Sequoia-backed Rebel Foods eyes global expansion of cloud kitchens

Raising funds to become next unicorn

Income tax department conducts surveys at Flipkart and Swiggy offices

The surveys are related to an alleged bogus input tax credit connected to the external vendors of these firms

Income tax dept surveys offices of Flipkart arm Instakart, Swiggy

According to sources, the survey was conducted on the input provided by the Directorate General of GST Intelligence (DGGI)

Cardholders' data leaked on Dark Web: What it means and how it affects you

Data of nearly 100 million credit and debit card holders in the country is being sold for an undisclosed amount on the Dark Web. Tune in for more

Zomato's revenue doubles to Rs 2,743 cr, losses up 138% to Rs 2,386 cr

The Deepinder Goyal-led firm's total expenses for the fiscal were reported as Rs 5,006 crore. Zomato is gearing up for an IPO this year

Curfews help Swiggy, Zomato serve record food orders on New Year's Eve

At peak, while Swiggy fulfilled 5,500 orders per minute, Zomato clocked in 4,254 orders per minute

India's favourite dish: A Biryani ordered per second, on Swiggy in 2020

The order analysis is based on millions of orders received by Swiggy

Will leave no stone unturned to improve working conditions: Zomato

Only two platforms (Urban Company and Flipkart) were able to demonstrate that additional measures were taken to actively improve working conditions

World's 'largest' street food vendor project: All you need to know

What has triggered this partnership and what are Swiggy's plans to achieve it? In this podcast, Business Standard's Peerzada Abrar explains the initiative

Elevation Capital to invest in a dozen startups from $400-mn new fund

The firm, earlier known as SAIF partners, will be deploying the full fund in the next 2-3 years

Swiggy partners govt to build 'world's largest' street food vendor project

In the first phase alone, Swiggy will onboard about 36,000 vendors to whom the loan has been disbursed in 125 cities by the government

Swiggy set to onboard 36,000 street vendors under PM SVANidhi scheme

Online food delivery platform Swiggy announced the expansion of its Street Food Vendors programme that will benefit 36,000 people in 125 tier 2 and 3 cities in the first phase.

Zomato and Swiggy leading food delivery race in the country: Report

A survey showed that when it comes to food delivery from QSR chains; three in five urban Indians (60 per cent) prefer ordering food through apps such as Zomato and Swiggy

Will have 2-3 other promising businesses beyond 2021: Swiggy's Vivek Sunder

If you want to take products from point 'A' to point 'B' and you don't want to go out of your house, we will do it for you

Start-ups take on Covid gloom with campaigns around safety and positivity

Some players are also striking an emotional chord by promoting values of togetherness; Brands are also spending more on e-commerce ads as opposed to conventional