Page 9 - Swiggy

Zepto pays ₹95 crore in April salaries, rivals Swiggy on employee costs

Zepto's ₹95 crore salary payout in April nears Swiggy despite a smaller workforce, reflecting its aggressive hiring strategy and drawing comparisons with larger rivals like Zomato and Swiggy

CCPA likely to direct Zomato, Swiggy to revise cancellation, refund policy

The consumer watchdog took suo-motu cognisance of unfair practices in 2024 and is now likely to direct Zomato and Swiggy to revise refund and cancellation policies

Prosus CEO Bloisi visits India to launch flagship 'Luminate' event series

Bengaluru hosts Prosus's inaugural Luminate forum as the firm strengthens its ties with India's tech ecosystem and explores AI, digital commerce, and frontier tech

Delhi govt to set up welfare board for gig workers, frame schemes

Delhi labour minister Kapil Mishra on Friday said the government will constitute a welfare board for gig and platform workers and frame schemes for their welfare. Mishra chaired a meeting with gig workers and representatives from major platforms and aggregators, including Swiggy, Zomato, Blinkit, Uber, UrbanClap, and BigBasket, said an official statement. The session provided a platform for gig workers to voice their concerns directly to the government and aggregators. They highlighted pressing issues such as long working hours, inadequate payments, and the absence of an effective grievance redressal system, which have long impacted their livelihoods, it said. "All these problems will be addressed with the cooperation of platforms and aggregators. The government will constitute a welfare board for gig and platform workers and will frame schemes for their welfare," he said. He also assured the platforms and aggregators that they will not face harassment from inspectors or any other

Free deliveries, Rs 200 off, Rs 49 Swiggy deals: Student rewards explained

Swiggy's new offering is especially designed to cater to students and unlocks specially curated, exclusive perks

Zomato, Swiggy now levy rain surcharge on Gold, One premium users

Zomato and Swiggy will now apply rain surcharge on premium members ending earlier waivers as both platforms intensify efforts to boost profitability and cut losses

Swiggy delivers over 300k cakes on Mother's Day 2025, big jump from 2024

Major cities like Mumbai, Bangalore, Delhi and Hyderabad topped the list for cake orders on Mother's Day 2025. Smaller cities like Nellore, Ujjain, Bhilwara, Kurukshetra also saw surge in cake orders

Softbank reports 1st profit in 4-yrs; India bets Ola, Swiggy weigh on SVF2

SoftBank posts ¥1.15 trillion FY25 profit but reports ¥561.7 bn loss in SVF2 due to share declines in Indian bets Ola and Swiggy, which fell nearly 40 per cent

Flipkart leadership shake-up: 4 executives exit as IPO pressures intensify

At least four senior Flipkart leaders, including SVP Ankit Jain, have quit amid rising cost pressures, IPO plans, and intensifying rivalry in the quick commerce space

Why are Swiggy shares under pressure today? Stock hits all time low

Swiggy share price: JM Financial suggested long-term investors can use these pressures to build a sizable position in Swiggy

Quick-commerce margins and execution are key to gains in Swiggy stock

Management indicated that the quick commerce segment saw peak losses in Q4 and there will be progressive improvement

Swiggy Q4 results: Loss widens to ₹1,081 cr despite record Instamart growth

Quick commerce drives 45 per cent revenue growth at Swiggy in Q4FY25 but expansion costs and elevated incentives push adjusted EBITDA loss to ₹732 crore

Swiggy Q4 result: Loss almost doubles to ₹1,081 cr, revenue jumps 45%

Swiggy Q4 FY25 result: Swiggy's consolidated loss for the entire year widened to ₹3,116.8 crore compared to ₹2,350.2 crore in FY24

Q4 results today: Swiggy, Dr Reddy's among 69 firms on May 9; see full list

Q4 FY25 company results today: Birla Corporation and MapmyIndia will be among 69 companies to post earnings reports for the January-March quarter on May 9

Stocks to Watch today, May 9: Britannia, Swiggy, Titan, Kalyan Jewellers

Stocks to Watch on May 9, 2025: Britannia, REC, Titan, Kalyan Jewellers, Paytm are among stocks that will remain on investors' and traders' radar today

Swiggy Q4 results preview: Will losses widen? Here's what brokerages expect

Swiggy Q4 results preview: Analysts project a 36% YoY revenue rise for the food delivery platform, but warn that losses may deepen amid rising expenses

Swiggy soars 10% on heavy volumes; logs sharpest intra-day rally in 2025

The average trading volumes at the counter jumped nearly eight-fold; with a combined 33.3 million equity shares representing 1.5% of the total equity of the company changing hands on the NSE and BSE.

Swiggy Bolt expands to 500 cities as Zomato shuts down 'Quick' service

Swiggy Bolt now handles one in every ten food orders on the platform, marking rapid expansion even as rival Zomato discontinues its instant delivery service 'Quick'

Swiggy expands 10-minute food delivery service 'Bolt' to over 500 cities

Swiggy on Friday said its 10-minute food delivery service 'Bolt', which was launched in October last year, is now operational in more than 500 cities across the country. Presently, at least one in every 10 food delivery orders delivered by Swiggy are delivered using the 'Bolt' service. The offering is now available in over 500 cities across India. Swiggy's scaling up of 'Bolt' comes at a time when its rival Eternal, formerly Zomato, has announced shutting down of the 'Zomato Quick' offering, stating it is not seeing the path to profitability without compromising on customer experience, observing that the current restaurant density and kitchen infrastructure is not set up for delivering orders in 10 minutes, leading to inconsistent customer experience. Swiggy Food Marketplace CEO Rohit Kapoor said, "Bolt fits into the way people live today. You're hungry, you want something now, and you don't want to compromise. We built Bolt for that moment. Seeing it scale to 500-plus cities in ju

NRAI dials Rapido to challenge dominance of Swiggy, Zomato in food delivery

Initially launched as a ride-hailing platform, Rapido is eyeing to enter food delivery to challenge the dominance of Swiggy and Zomato