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Tag: swiggy
Swiggy Resumes ‘Daily’ Home-Cooked Meal Deliveries in Bengaluru-thumnail

Swiggy Resumes ‘Daily’ Home-Cooked Meal Deliveries in Bengaluru

Swiggy Daily, launched in 2019, was terminated due to diminishing demand during the Covid-induced lockdowns. Interestingly, Swiggy is incorporating its homestyle food service, Daily, right into its main app at

Business

May 9, 2024

Portea Medical, Which Is Planning an IPO, Raises $20 Million Through a Rights Issue-thumnail

Portea Medical, Which Is Planning an IPO, Raises $20 Million Through a Rights Issue

The health tech startup raised $19.87 million (INR 165.8 crore) via a rights offering on April 16. The board of Portea received a special resolution to issue 69.2 million Series

Business

Apr 29, 2024

Invesco Increases Swiggy’s Valuation To Nearly $8 Billion-thumnail

Invesco Increases Swiggy’s Valuation To Nearly $8 Billion

The US-based fund manager Invesco, who had twice reduced Swiggy’s valuation in the previous four months, has now increased the platform’s fair value. According to papers, Invesco, which led Swiggy’s

Business

Oct 17, 2023

Swiggy pilot testing Co-branded credit card with HDFC Bank & Mastercard-thumnail

Swiggy pilot testing Co-branded credit card with HDFC Bank & Mastercard

Swiggy, a popular food delive­ry platform, is reportedly partnering with HDFC Bank to launch its own co-brande­d credit card. This move follows the footste­ps of other major Indian e-commerce­ players.

Business

Jul 5, 2023

ONDC Sets New Retail Order Record Despite Reduced Incentives, Collaborations Drive Demand-thumnail

ONDC Sets New Retail Order Record Despite Reduced Incentives, Collaborations Drive Demand

ONDC achieves record-breaking retail orders of 30,000 despite reduced incentives, as collaborations between buyer and seller apps boost demand. Food and beverages dominate orders, with grocery purchases also present. Revised

E-Commerce

Jun 13, 2023

ONDC: Cooking up the best discount game and chewing up swiggy and zomato-thumnail

ONDC: Cooking up the best discount game and chewing up swiggy and zomato

Indians use ONDC to order meals at less money than they would pay via Zomato or Swiggy. Given that ONDC enables restaurants to sell food directly to customers through buyer

E-Commerce

May 14, 2023

<strong>Swiggy and Zomato are among the top 10 international online food delivery companies mentioned in the report</strong>-thumnail

Swiggy and Zomato are among the top 10 international online food delivery companies mentioned in the report

Swiggy and Zomato were ranked ninth and tenth, respectively, by the international research company ETC Group, which has its headquarters in Canada. According to recent research, domestic online meal delivery

Industry

Sep 23, 2022

Fintech startup Tortoise raises funds from Swiggy and ZestMoney CEO-thumnail

Fintech startup Tortoise raises funds from Swiggy and ZestMoney CEO

Founded in 2020 by Koshal and Surya Harsha Nunnaguppala, Tortoise is a save now, buy later (SNPL) startup that allows users to save up for large purchases. Users can avail

Finance

Sep 2, 2022

To compete with Swiggy and Zomato, large restaurants increase their discounts-thumnail

To compete with Swiggy and Zomato, large restaurants increase their discounts

Domino’s Pizza, India’s largest quick service restaurant chain with 1,625 locations, launched multiple “free rewards offers” on its own app last weekend, including delivery, takeaway, and dine-ins. Large restaurants have

Industry

Aug 2, 2022

Rishi Arora has been promoted to co-founder of Blinkit-thumnail

Rishi Arora has been promoted to co-founder of Blinkit

According to a person familiar with the situation, quick commerce startup Blinkit, which is being acquired by food delivery company Zomato, promoted long-time executive Rishi Arora to cofounder level two

Industry

Jul 11, 2022

Rapido raises $180 million in Series D round led by Swiggy-thumnail

Rapido raises $180 million in Series D round led by Swiggy

It comes at a time when Swiggy’s rival Zomato announces 10-minute food deliveries. Rapido, a bike taxi startup, has secured $180 million in a Series D round headed by Swiggy

Investment & Funding

Apr 15, 2022

Conduct of Swiggy and  Zomato requires investigation: CCI-thumnail

Conduct of Swiggy and  Zomato requires investigation: CCI

A prima facie case can be made with regard to some of Zomato and Swiggy’s conduct, the regulator said. “The Commission is of the view that there exists a prima

Startup

Apr 5, 2022


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