Swiggy
Latest News
Delhivery CEO Sahil Barua quits as Swiggy’s Independent Director
PTI -
Swiggy informed that Barua has confirmed that there are no material reasons for his resignation other than those mentioned in his letterNew Delhi: Delhivery CEO Sahil Barua has stepped down as Independent Director on Swiggy's Board citing "increased professional...
Food Service
Swiggy receives Rs 158-cr tax demand
PTI -
It relates to alleged contraventions including cancellation charges paid to merchants disallowed under Section 37 of the Income-tax Act 1961 and interest income on income tax refund not being offered to taxNew Delhi: Food and grocery delivery platform Swiggy...
E-Commerce
Swiggy launches ‘Fasting Mode’ for users to take break from food notifications
PTI -
The mode shall continue to be available throughout the year for various fasting occasions, giving users more flexibility in managing their food notificationsNew Delhi:Â Swiggy on Monday announced the launch of the "Fasting Mode" feature that offers users the flexibility...
E-Commerce
Swiggy to invest up to Rs 1,000 cr in Scootsy Logistics’ expansion
PTI -
Scootsy Logistics is Swiggy's wholly-owned subsidiary which is engaged in the supply chain and distribution businessNew Delhi: Food and grocery delivery major Swiggy on Friday said it will invest up to Rs 1,000 crore in one or more tranches...
Food & Beverage
Bites n Grill targets Rs 100 cr revenue by FY30, set to open 10 new outlets in Mumbai
Alongside physical expansion, the brand is strengthening its digital presence by investing in food delivery platforms and cloud kitchens
New Delhi: Mumbai-based QSR brand Bites n Grill is aiming to achieve a revenue milestone of Rs 100 crore in FY25...
Research
‘The Big Bite: Scaling Success in India’s Food Services’ by Redseer
The report provides an in-depth analysis of the evolving landscape of India's food service industry, exploring key trends, market dynamics, and growth opportunities shaping the sector‘The Big Bite: Scaling Success in India’s Food Services’ report by Redseer Strategy Consultants...
Food & Beverage
Swiggy shares tumble 7%; hit 52-week low in intra-day trade as Q3 loss widens
PTI -
In traded volume terms, 24.28 lakh shares of the firm were traded at the BSE and 412.30 lakh shares on the NSE during the day.New Delhi: Shares of food and grocery delivery major Swiggy on Thursday ended almost 7...
Latest News
Swiggy’s Q3 loss widens to Rs 799 cr
PTI -
The company had incurred a net loss of Rs 574.38 crore in the year-ago periodNew Delhi: Food and grocery delivery major Swiggy on Wednesday reported widening of consolidated loss to Rs 799.08 crore for the third quarter ended December...
E-Commerce
Corporate Affairs Ministry approves incorporation of Swiggy’s sports arm
PTI -
The subsidiary will operate in sports activities, amusement and recreation activities.New Delhi: The Ministry of Corporate Affairs on Wednesday approved the incorporation of Swiggy Sports Private Limited as a wholly owned subsidiary of the food and grocery delivery major.The...
E-Commerce
FHRAI raises concerns over Zomato, Swiggy’s “private label” food delivery foray
PTI -
According to FHRAI, Zomato and Swiggy are now using their market dominance to directly compete with the very businesses they were meant to supportNew Delhi: The Federation of Hotel & Restaurant Associations of India (FHRAI) on Monday expressed "serious...
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Latest News
India’s retail supply doubles in Q1 2025 amid surging demand for fashion & entertainment
Mumbai, Hyderabad, and Delhi-NCR led the charge, together making up 62% of all retail space absorptionBengaluru: India's retail real...
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