swiggy
Swiggy Shuts Down Genie to Focus on Core Services
Launched in April 2020, Swiggy Genie allowed users to send packages or pick up items within the city, competing with services like Uber Package, Porter, and Rapido.
Swiggy Allots Equity Shares Worth INR 124.94 Cr Under ESOP Plan
Based on Swiggy's opening share price of INR 344.80, the total value of this latest allotment stands at approximately INR 124.94 crore.
Swiggy Grants Fresh ESOPs Worth INR 443.4 Cr to Employees Under 2024 Plan
Each of these stock options is convertible into equity shares.
Swiggy Board Sees Exit of Independent Director Sahil Barua, CEO of Delhivery
The decision comes as Barua finds himself unable to devote adequate time to board responsibilities amid growing demands at Delhivery.
Swiggy Instamart Announces 10-Minute Smartphone Delivery Across 10 Major Cities
The company in a statement said that consumers across the cities mentioned can purchase smartphones from brands such as Samsung, Apple, OnePlus, and Redmi.
Nuuk Secures USD 5 Mn in Series A Funding to Revolutionise Home Appliances for Young Consumers
The fresh funds will enable Nuuk to expand its product portfolio, covering home environment solutions, vacuum cleaners, and meal preparation appliances. The company also plans to venture into smart IoT devices and high-performance home solutions.
The Whole Truth Foods Secures $15M in Series C Funding
Angel investors, including Nithin Kamath (Zerodha), Sriharsha Majety (Swiggy), and Jaydeep Burman (Rebel Foods), who had previously shown faith in the company, further reinforced its strong market position.
Swiggy Reports Higher Than Estimated Q3 Losses, Stock Dips 2.5% on BSE
Delivery platform Swiggy's shares continued to dip for the fourth consecutive day, as investors are selling their stock after recognizing the company's higher-than-estimated Q3 EBITDA losses. Swiggy's stock fell 2.5 per cent to INR 379.20 on BSE.
Captain Fresh Secures INR 250 Cr in Pre-IPO Round Led by Existing Investors
Accel, Tiger Global Management, Prosus Ventures, Z47 (formerly Matrix Partners India), Evolvence Group, and British International Investment are some of its prominent investors.
India's Quick Commerce Landscape to Transform with 5,000+ Dark Stores by FY26: Report
By 2027–28, dark stores are projected to achieve a gross order value of $35 billion to $40 billion.
India's Tech IPO Market Booms in 2024 with Swiggy's USD 1.34 Billion Debut and Zomato's Sensex Milestone: Report
Among India's 29 profitable unicorns, Zerodha led the pack, emphasising the ecosystem's shift toward sustainability. Inclusivity also shone through, with 19 unicorns led by women founders, showcasing the evolving entrepreneurial landscape.
Swiggy's Snacc App Redefines Food Delivery with Quick, No-Fee Options
Operating in select Bengaluru pin codes near Swiggy's headquarters, Snacc is available from 7 AM to 1 AM and offers breakfast, meals, beverages, and snacks.
Year in Review: The Best Funded Startups of 2024
Highlighting 2024 key funding deals, innovative startups across industries secured substantial investments, driving growth, fostering innovation, and unlocking new opportunities for market expansion and development.
Zomato and Swiggy Founders Shine in IDFC FIRST & Hurun India's Top 200 Entrepreneurs of the Millennia
DMart founder Radhakishan Damani topped the list, while Zerodha founders Nithin and Nikhil Kamath secured the eighth position.
Ex-Swiggy CTO and Former Kotak VP Unite to Empower Individual Traders with Sahi
Sahi offers proprietary trading tools with in-house charts, AI-driven insights, visual risk management, integrated market data, and a customisable interface, empowering traders with secure, reliable, and personalised trading experiences.