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Swiggy’s public listing plan is on track going by the profitability in its food delivery business. And now, it has set a target for profits from its grocery delivery unit: …
Exclusive: Swiggy aims to turn Instamart profitable by March Read More
Swiggy has become the latest Indian startup to offer its customers a credit card as the food delivery giant broadens its efforts to drive engagement and retention. The Bengaluru-headquartered startup …
India’s food delivery giant Swiggy launches credit card Read More
Logistics supply chain major Delhivery is evaluating an entry into hyper local delivery (aka on-demand logistics) space, according to two sources aware of the internal discussions. This would be potentially …
Exclusive: Delhivery set to enter into on-demand logistics space Read More
Swiggy—the only foodtech decacorn—has chalked out plans to get the company ready for a public listing later this year, according to two people aware of the details of internal discussions. …
Exclusive: Swiggy plans to get IPO ready by September Read More
Bike taxi aggregator Rapido scooped $180 million at a valuation of over $800 million and joined the soonicorn list in April last year. A three fold growth in its valuation …
Rapido spends nearly Rs 600 Cr to earn Rs 145 Cr in FY22 Read More
Foodtech company Swiggy has announced that it has laid off 380 employees in a bid to “rationalize business amid challenging macroeconomic conditions”. The company has joined around 20 growth-stage startups …
Foodtech company Swiggy lays off 380 employees Read More
Covid-19 disrupted most businesses and foodtech majors Zomato and Swiggy were no different with their scale shrinking over 20% during FY21. But the two companies seem to have bounced back …
Swiggy outpaces Zomato with higher revenue and scale in FY22 Read More