swiggy
Prosus to Pick Up 10.1% Stake in ixigo Parent for INR 1,296 Cr
The newly raised capital will be used to support organic growth, fund acquisitions, and strengthen working capital and general corporate activities.
Swiggy Exits Rapido Investment; Prosus and WestBridge Take Over Stake
Deal valued at INR 2,399.5 crore delivers over 2.3 times return on Swiggy's original investment.
India Adds 11 New Unicorns in 2025, Ai.tech Becomes Fastest to Hit USD 1.5 Bn: Report
Peak XV leads unicorn investments; Zepto's 22-year-olds are the youngest founders.
Swiggy Grants INR 150 Cr in Fresh ESOPs to Employees
According to filings with the National Stock Exchange (NSE), the company has allotted 38.86 lakh stock options under its ESOP 2024 scheme.
Chai Bisket Raises USD 5 Mn Led by InfoEdge Ventures & General Catalyst to Launch Chai Shots
The seed round also drew backing from a stellar list of angel investors, including actor and entrepreneur Rana Daggubati, Swiggy co-founders Sri Harsha Majety and Nandan Reddy, redBus founder Phanindra Sama, Darwinbox's Rohit Chennamaneni, PhysicsWallah's Alakh Pandey and Prateek, Rapido's founding team, and Virgio's Amar Nagaram.
Elevation Capital Sells Stake in Ixigo Worth INR 97.4 Cr
Previously, Elevation had also sold INR 100 crore worth of shares in a pre-IPO deal, and another INR 181 crore during the IPO through an offer-for-sale.
Swiggy Unveils 'Drops': A Limited-Edition Culinary Experience for Food Lovers
The 'Drops' initiative debuts with gourmet creations from celebrated names such as Le15 Patisserie by Pooja Dhingra, Smash Guys by AB Gupta, Aubree, Ciclo Café, Louis Burger, Good Flippin's Burgers, TwentySeven Bakehouse, and Espressos AnyDay.
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.