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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
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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Swiggy shares climb nearly 7%
The stock surged 6.69 per cent to Rs 534.85 on the BSE and it soared 6.56 per cent to Rs 534.80 on the NSENew Delhi: Shares of food and grocery delivery platform Swiggy on Wednesday jumped nearly 7 per...
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Swiggy shares slump nearly 6% day after market debut
PTI -
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...
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Swiggy confident of growth amid competition, emphasises strength in consumer insight
PTI -
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...
Food Service
Swiggy ‘very well positioned’, eyeing organic growth for Instamart: Rohit Kapoor
PTI -
The Bengaluru-based company is aiming to garner Rs 11,327 crore from the IPO, which will open for public subscription on November 6 and conclude on 8 NovemberNew Delhi: Ahead of its IPO, Swiggy's Food Marketplace CEO Rohit Kapoor said...
E-Commerce
Swiggy’s Rs 11,300-cr IPO may open on 6 Nov; price band at Rs 371-390/share
PTI -
The issue would conclude on 8 November and the bidding for anchor investors will open for a day on 5 NovemberNew Delhi: Food and grocery delivery major Swiggy is looking to raise Rs 11,300 crore through its initial public...
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IPO-bound Swiggy launches 10-minute food delivery service Bolt
PTI -
Bolt offers quick food delivery service from select restaurants within a 2 km radius of the consumerNew Delhi: IPO-bound food tech platform Swiggy on Friday announced the launch of its 10-minute meals and beverages delivery service Bolt.It is already...
Food Service
Swiggy files updated draft papers for IPO; eyes Rs 3,750 cr via fresh issue
PTI -
The proposed IPO comprises an offer-for-sale (OFS) of 18.52 crore equity shares by existing shareholdersNew Delhi: Food and grocery delivery major Swiggy on Thursday filed its updated draft papers with capital markets regulator Sebi to raise funds through its...
Food & Beverage
F&B sector gears up for festive season demand surge
From introducing special festive menus to ramping up delivery services, F&B brands are leaving no stone unturned to cater to the preferences of the festive shopper
Bengaluru:Â As India enters the festive season of 2024, quick service restaurants (QSRs), cafe chains,...
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Recode Studios opens new store in Guwahati
Recode Studios has been expanding its retail footprint across major cities. With this launch, the brand aims to cater...
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