Page 2 - Swiggy

Swiggy lays off 380 employees, CEO dubs over-hiring a 'poor judgement'

Sriharsha Majety says 'I should've done better here'; firm shuts down meat marketplace business

Swiggy lays off 380 employees, CEO says 'very difficult decision': Report

CEO Sriharsha Majety said the growth rate has slowed down more than the company's projections

Swiggy planning fresh layoffs; may cut 8-10% from 6000-strong workforce

The plan for layoffs comes at a time when Swiggy is aspiring to turn operationally profitable before its IPO

Swiggy announces free ambulance service for all delivery executives

Food delivery firm partners with Dial4242 Ambulance Services for 'industry-first initiative'

Instamart tests Swiggy's appetite for biz growth amid rising losses

With its rapid cash burn rate, early investors are questioning the food delivery platform's venture into quick commerce

Costs near Rs 10K crore, Swiggy losses widen 2x to Rs 3.6K crore

Its FY22 results show 2.3x improvement in revenue

Top Headlines: India ups windfall tax on crude, 6.5% growth likely in FY24

Business Standard brings you the top headlines at this hour

Swiggy's losses jump 2X to Rs 3,629 cr in FY22; more layoffs expected

Online food delivery platform Swiggy's losses doubled to Rs 3,629 crore in FY22 compared to Rs 1,617 crore in the last fiscal year

New Year celebrations: Swiggy delivers 350,000 biryani, 250,000 pizzas

Food delivery app Swiggy delivered 3.50 lakh biryani orders on Saturday and the app dispatched over 2.5 lakh pizzas across the country, according to company sources. Swiggy also said as per a poll it conducted on Twitter, 75.4 per cent per cent orders came for Hyderabadi Biryani, followed by Lucknowi-14.2 per cent and Kolkata-10.4 per cent. "With 3.50 lakh orders, Biryani was the top item that was delivered," sources told PTI. The app had delivered 1.65 lakh Biryani orders at 7.20 PM on Saturday. Bawarchi, one of top biryani selling restaurants in Hyderabad delivered two biryanis per minute on 2021 New year Eve and for December 31, 2022, it prepared 15 tonnes of the delicacy to meet the demand?, restaurant sources said. ? "@dominos_india, 61,287 pizzas have been delivered, we can only imagine the number of oregano packets going with them," Swiggy said in a? tweet at 10.25 PM?. ? Later, Swiggy delivered over 2.5 lakh pizzas? for the day, company sources said?. It also said 1.76

Quick commerce finds it footing amid funding winter, now needs to scale

The sector has fared well both on the fund raising front and on operational performance

137 orders every minute: Swiggy reveals India's favourite dish in 2022

Swiggy's top customer was in Bengaluru, making a single order of Rs 75,378 placed during Diwali in October

Italian Ravioli, Korean Bibimbap top dishes on Swiggy, Biryani most ordered

Biryani continued to set new records with 2.28 biryani orders per second on Swiggy in 2022 while foreign flavours like Italian Ravioli and Korean Bibimbap were the most popular food choices

Want to track your lifetime spend on Zomato, Swiggy or Amazon? Here's how

There are dozens of Google Chrome extensions that can help you take stock of how much you've spent

Swiggy to give pink slips to over 250 employees in December: Report

Widening losses: In November, Swiggy decided to shut down its cloud kitchen brand, The Bowl Company, in Delhi and the national capital region (NCR)

Mulling an IPO for Ola ride-share business next year, says Bhavish Aggarwal

'Looking at synergies with EV business, will announce details soon'

Ensure law and order during Swiggy partners' strike: Kerala HC to police

The Kerala High Court has directed the State police to ensure that strike by Swiggy delivery partners (DPs) does not affect the law and order situation in the state

Food-delivery firm Swiggy shuts cloud kitchen brand in Delhi, NCR

Expansion of The Bowl Company in these places was an experiment, says company

Bengaluru-based tech firms raised record $7.5 bn in 2022, says report

Bengaluru-based tech companies raised record levels in the first three quarters of this year with $7.5 billion in VC funding -- up from $5.2 billion in 2021, a report showed on Wednesday

11 e-commerce firms on board govt campaign to fight fake reviews

Firms to develop filtering & control tools and algorithms, verification and control processes

Swiggy partners go on strike over wages in Kochi as talks with company fail

Protests gather steam as earnings dwindle and fuel prices surge; some say the earnings have declined by as much as 50%