Swiggy Funding
US based Invesco further slashes Swiggy's valuation to $5.5 billion
The revised valuation represents a massive 49% decrease from the $10.7 billion valuation
 "US based Invesco further slashes Swiggy's valuation to $5.5 billion")
4 reasons why HSBC thinks Zomato is a great buy at the current levels
HSBC said, Zomato has seen an improvement in the market share it lost to Swiggy, thanks to the launch of Zomato Gold
 "4 reasons why HSBC thinks Zomato is a great buy at the current levels")
Food-delivery firm Swiggy shuts cloud kitchen brand in Delhi, NCR
Expansion of The Bowl Company in these places was an experiment, says company
 "Food-delivery firm Swiggy shuts cloud kitchen brand in Delhi, NCR")
'Middlemen' Swiggy, Zomato win once again, restaurants bear the brunt: NRAI
Association details the impact the new discount programmes of these two entities could have on eateries
 "'Middlemen' Swiggy, Zomato win once again, restaurants bear the brunt: NRAI")
High commissions by Swiggy, Zomato have restaurants turning to alternatives
New players like Thrive and DotPe, which charge less, are emerging as alternatives
 "High commissions by Swiggy, Zomato have restaurants turning to alternatives")
Swiggy Instamart delivered 50 mn egg, 30 mn milk orders in past two years
Some 62,000 tonnes of fruits and vegetables were ordered on Instamart during the past year. This is the weight of about 15,500 Asian elephants, Swiggy said
 "Swiggy Instamart delivered 50 mn egg, 30 mn milk orders in past two years")
What is behind Swiggy's $10.7 billion valuation?
After Zepto bagged $100 mn and Dunzo raised Reliance funding, now Swiggy has turned a decacorn. It is planning to go big on quick commerce. Find out how Swiggy doubled its valuation in six months
 "What is behind Swiggy's $10.7 billion valuation?")
TMS Ep94: Swiggy, Accenture's Piyush Singh, markets, Money Bill
What is behind Swiggy's $10.7 bn valuation jump? What is Piyush Singh's take on Covid-disruption and India businesses? Are the markets in for a wild ride? What is Money Bill? Find all answers here
 "TMS Ep94: Swiggy, Accenture's Piyush Singh, markets, Money Bill")
CCI rejects complaint against Swiggy; suggests disclosures on pricing
In an eight-page order, the fair trade watchdog said that given the facts and circumstances of the present case, it may not be germane to define a precise relevant market and conduct further analysis
 "CCI rejects complaint against Swiggy; suggests disclosures on pricing")
Co-founder Rahul Jaimini no longer active in Swiggy, joins new start-up
He moves to career accelerator start-up Pesto Tech as its co-founder; will remain on Swiggy board
 "Co-founder Rahul Jaimini no longer active in Swiggy, joins new start-up")
Before change in FDI rules, Chinese invested millions in Indian tech firms
Between January and April 2020, Chinese companies and US hedge funds raised their stakes in Byju's, Paytm and many other billion-dollar Indian technology companies
 "Before change in FDI rules, Chinese invested millions in Indian tech firms")
Food delivery app Swiggy raises $100 mn from Naspers, Meituan-Dianping
With this new funding, Swiggy said it will strengthen its market leadership position by introducing a host of unique and advanced products and services
