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Swiggy to invest up to Rs 1,000 cr in Scootsy Logistics’ expansion

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...

Swiggy’s Q3 loss widens to Rs 799 cr

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...

FHRAI raises concerns over Zomato, Swiggy’s “private label” food delivery foray

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...

Swiggy plans to onboard 1 lakh women delivery partners by 2030

Swiggy signed an initial pact with the NSE for rolling out a financial literacy programme for delivery partners, with special focus on women workforceMumbai: Food delivery platform Swiggy on Tuesday said it is planning to onboard at least 1...

Swiggy stock plunges 5% amid profit booking, anchor lock-in ends

The scrip of the company declined 5 per cent each on the BSE and NSE to Rs 515.95 and Rs 516.50 apiece, respectivelyNew Delhi: Shares of food delivery and quick-commerce major Swiggy plunged 5 per cent on the bourses...

Swiggy to double Q-commerce store count to over 1,045, area to 40 lakh sq. ft. by Mar 2025

The company is rapidly growing its geographical footprint, and is now available in 54 cities as compared to 27 cities in March 2024New Delhi: On-demand convenience platform Swiggy is betting big on its quick commerce business and plans to...

Swiggy expands 10-minute food delivery service to over 400 cities

Swiggy has expanded its Bolt service to tier-2 and tier-3 cities such as Roorkee, Guntur, Warangal, Patna, Jagtial, Solan, Nashik and Shillong among othersNew Delhi: On-demand convenience platform Swiggy Ltd. on Monday said it has expanded its 10-minute food...

Swiggy shares slump nearly 6% day after market debut

The stock tumbled 5.72 per cent to Rs 429.85 apiece on the BSE. During the day, it lost 8.18 per cent to Rs 418.65New Delhi: Shares of newly-listed food delivery and quick commerce major Swiggy declined nearly 6 per...

Swiggy confident of growth amid competition, emphasises strength in consumer insight

Reflecting on Swiggy’s experience in the evolving food delivery landscape, the company noted that agility and rapid decision-making are crucial to staying competitiveKolkata: Swiggy remained optimistic of growth in quick commerce amid growing competition from deep pocket players and...

Swiggy IPO subscribed 12% on first day of offer

The initial share sale received bids for 1,89,80,620 shares against 16,01,09,703 shares on offer, according to data available with the NSENew Delhi: The initial public offer of food delivery and quick-commerce major Swiggy Ltd. subscribed 12 per cent on...
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