Page 6 - Swiggy

Swiggy expects 2 mn Instamart cloth bags returned per month by end of year

Across 19 cities today, Swiggy Instamart consumers can return the extra bags through the Swiggy delivery executive

SoftBank-backed Swiggy eyes $800-mn IPO early next year: Report

Swiggy has begun adding independent directors to the board, and plans to position itself as a logistics company and not just a food delivery firm, according to the report

Top headlines: Ukraine fears lift oil to 7-yr high; Swiggy eyes $800-mn IPO

Business Standard brings you the top headlines on Tuesday

Rebel Foods scales up expansion of cloud kitchens amid Covid-19 pandemic

Mumbai-based Rebel Foods, and India's master franchise for US fast-food giant, Wendy's, have reached a new milestone with opening 28 new locations in 9 new Indian cities.

Food delivery giant Swiggy's revenue drops 23% in FY21 to Rs 2,145 crore

The company is strengthening its investment in the broader ecosystem

LIVE: Gen Rawat awarded Padma Vibhushan, Padma Bhushan for Nadella, Pichai

Congress leader Ghulam Nabi Azad, SII MD Cyrus Poonawalla to be conferred with Padma Bhushan

Swiggy becomes decacorn, valuation crosses $10.7 bn in new funding round

In the past few months, Swiggy has expanded Instamart to 19 cities

Top headlines: Swiggy becomes decacorn; Axis Bank's Q3 net profit surges

Business Standard brings you the top headlines on Monday

Swiggy raises $700 mn in new funding round led by Invesco

The funding round saw participation from new investors such as Baron Capital Group, Kotak, among others.

TVS Motor Company, Swiggy join hands for food delivery on electric vehicles

TVS said in a statement that the partnership highlights its commitment to strengthen electrification across diverse mobility segments

Gig economy gets pandemic push as online deliveries smash records on NYE

Covid was just the disruptor. Even before it struck, growing tech and digital enhancements had been propelling the growth of e-commerce and online services both within and outside India

Swiggy receives 9,500 orders per minute on New Year's Eve

'This year we exceeded all our plans by a big margin and were overwhelmed by the customer response,' the company said in a statement

Food aggregators like Swiggy, Zomato to collect 5% GST beginning Jan 1

Food aggregators like Swiggy and Zomato will have to collect and deposit tax at 5 per cent rate beginning Saturday

Zomato, Swiggy hit 2 mn orders each on New Year's Eve as India stays home

Zomato logs 6,000 orders per minute at around 7pm; Swiggy says it hit 6,600 orders per minute.

India binged on biryani in 2021; a fried snack was favourite: Swiggy report

Samosas ordered were equal to New Zealand's population; gulab jamun was the most preferred dessert.

Swiggy makes its platform accessible to Indians with visual impairment

People with visual impairments were not able to easily use the Swiggy app, since it wasn't designed to be accessible.

Swiggy to invest $700 mn in its express grocery delivery service Instamart

Swiggy Instamart is currently doing more than 1 million orders per week and will start 15-minute deliveries in top cities by January 2022

Swiggy to invest $700 mn in grocery delivery service Instamart

First launched in Bengaluru and Gurugram last year, Instamart is set to reach an annualised gross merchandise value run rate of $1 billion in the next three quarters, Swiggy said

Swiggy valued at $10.5 billion in $700-million Invesco-led round

Valuation has doubled since it was valued at $5.5 billion in April

Swiggy food delivery revenue up 56% in H1, doubles from level before Covid

At the end of the quarter, the company had 127,000 restaurant partners and more than 250,000 delivery partners.