Page 5 - Swiggy

Swiggy's board to discuss ₹10,000 crore fundraise plan to fuel growth

Food delivery and quick commerce firm Swiggy, which owns Instamart, on Thursday said its Board will meet on November 7 to consider and approve a proposal to raise Rs 10,000 crore through a qualified institutional placement. Swiggy said the external environment is competitive and dynamic, and hence the company's board will consider raising additional funds. "With the current cash balance to be further bolstered by the Rs 2,400 crore Rapido divestment, we feel comfortable about our overall balance sheet strength, and are well-funded for our growth ambitions," Swiggy said in a letter to shareholders. "However, the external competitive environment is dynamic, and legacy and new players continue to attract investments to the sector. This has necessitated a conversation with the Board to consider additional fundraising, which will give us access to sufficient growth capital while enhancing our strategic flexibility. Hence, the Swiggy Board will be meeting on 7 November 2025, to consider a

Swiggy trims sequential loss to ₹1,092 cr on back of Instamart growth

India's quick commerce industry, which promises to deliver everything from milk to mobile phones in minutes, has ignited an investment frenzy as it grows at a blistering pace

Stock Market close: Sensex falls 593 points, Nifty at 25,878; financial services, IT shares drag

Sensex Today | Stock Market close: In the broader markets, the Nifty MidCap 100 rose marginally by 0.1 per cent and the Nifty SmallCap 100 indices fell 0.1 per cent, respectively

Q2 results today: Adani Power, Dabur, ITC, Swiggy among 89 firms on Oct 30

Q2FY26 company results: Firms including Hyundai Motor, NTPC, United Spirits, Canara Bank, NTPC, Bandhan Bank, and Lodha Developers are also to release their July-September earnings reports today

Stocks to Watch today: Coal India, L&T, Wipro, Bharti Airtel, Ola Electric

Stocks to Watch Today, October 30, 2025: Wipro, L&T, Coal India, United Breweries, Ola Electric, ITC, Swiggy, Mankind Pharma, and Dr Reddy's Labs are among the top stocks to watch today

Swiggy Q2 preview: Instamart may drive rev growth; losses remain elevated

Swiggy Q2 results preview: The company's revenue for the quarter under review is expected to jump 51 per cent in Q2FY26, on average, to ₹5,448.83 crore as compared to ₹3,601.5 crore a year ago

Festive binge: Swiggy, magicpin see massive surge in food delivery orders

As India revels in the spirit of the festive season, food delivery platforms Swiggy and magicpin have reported a massive surge in orders, highlighting how culinary cravings are now central to the country's celebrations. Anshoo Sharma, CEO & Co-founder of magicpin, India's third-largest food delivery platform, told PTI the platform is gearing up for even higher volumes as Diwali approaches. "We expect to double last year's numbers on food delivery." Sidharth Bhakoo, Chief Business Officer of Swiggy's Food Marketplace, said. Bhakoo shared that cities like Mumbai, Bengaluru, and Kolkata led the indulgence, while emerging hubs like Surat, Thiruvananthapuram, and Vadodara joined in with equal enthusiasm. According to Bhakoo, choco lava cakes topped dessert orders across metros, while Kolkata's long-standing love for biryani remained intact. "The data reflects one clear trend -- food delivery has become the heart of how India celebrates together," he added. Echoing similar sentiments,

10 stocks with maximum upside this Diwali; Don't miss the market fireworks!

Leading the list is GNG Electronics (Target: ₹482 | Upside: 52%), named by Nirmal Bang, which expects robust growth as the company benefits from the govt's 'Make in India' thrust on electronics mfg.

Samvat 2082 top stock picks; Bajaj Fin, Swiggy, 8 others can gain up to 44%

Stocks to buy for Diwali 2025: Bajaj Finance, Adani Power, Swiggy, SAIL, MRPL among 10 stocks that can rally up to 44% as per charts in Samvat 2082; here's a detailed outlook.

Nomura keeps Nifty target at 26,140, backs Swiggy, Titan, Alkem as top bets

Nomura has maintained its Nifty target for March 2026 at 26,140, implying a modest upside of 4 per cent from current levels, based on a FY27F earnings per share (EPS) estimate of ₹1,245.

IPO Market in Samvat 2081: Record fund raise, but mixed gains for investors

Data shows that over half of the mainboard IPOs (49 out of 97) are currently trading below their listing price, reflecting weak post-listing performance

Swiggy introduces 'No Added Sugar' food category across 10 cities

Swiggy's new category offers over 150,000 items from 50,000 restaurants across 10 cities, following Zomato's recent 'Healthy Mode' rollout

₹1.75 trillion raised in Samvat 2081: Meet the top wealth-multiplier IPOs

Top IPOs of Samvat 2081: Among the winners, Stallion India Fluorochemicals led the performance chart, with its stock rising 268 per cent from the issue price and 176 per cent above the listing price

Motilal Oswal says 'Buy' Swiggy shares, sees 26% upside target; here's why

Swiggy's pivot from an earlier land-grab phase to a more cost-conscious operating model, analysts said, should continue to drive margin expansion and strengthen overall financial resilience

Zomato launches 'Healthy Mode': Why food apps are getting calorie conscious

As food delivery evolves, Zomato's Healthy Mode marks a turn towards calorie-conscious dining with transparency and health filters, highlighting a larger shift in the industry

Can app-based eating affect your heart? Doctors explain the hidden risks

World Heart Day 2025: The ease of ordering burgers, pizzas, and fried snacks at a tap comes with a price; doctors say app culture is silently shaping India's rising heart health crisis

Eternal shares rise 2% after HSBC raises target, keeps Swiggy at 'Hold'

Analysts believe that even though Swiggy has outperformed Zomato on both monthly transaction users (MTU) and gross order value (GOV) growth in the past one year, Zomato's margin is still significantly

Swiggy's Rapido stake sale to help up cash kitty, but concerns remain

The stake sale boosts Swiggy's cash reserves as it shifts Instamart into a new subsidiary to prepare for an inventory-led model amid rising competition

Swiggy to transfer Instamart to wholly owned subsidiary via slump sale

Swiggy approved the transfer of its Instamart quick commerce business to Swiggy Instamart Pvt Ltd through a slump sale to create a focused entity for long-term growth

How will Rapido stake sale & Instamart revamp aid Swiggy? Nomura decodes

On Tuesday, after market hours, Swiggy's board approved a stake sale in the ride-hailing startup Rapido to Netherlands-based MIH Investments One BV