Browsing Tag

swiggy

54 posts

Swiggy increases fresh issue portion of IPO to ₹5000 crore, IPO size goes up to $1.4Bn

Last week, food delivery giant Swiggy filed its draft red herring prospectus…

Invesco marks up Swiggy’s valuation to $13.3Bn, right ahead of IPO

In what could certainly boost Swiggy’s public debut prospect, US-based asset management…

Swiggy plans to raise ₹5,000 crore in upcoming IPO, up from the previous ₹3,750 crore target: Report

Swiggy is planning to seek shareholder approval for a substantial increase in…

Baron Capital marks up stake in Swiggy, values it at $15.1Bn ahead of IPO

US-based asset manager Baron Capital has significantly marked up the valuation of…

Swiggy confidentially files for $1.25Bn IPO

Swiggy, the second major player within India’s duopolised food delivery market, has…

Invesco is increasing Swiggy’s valuation by 42% to $7.85 billion

In an otherwise dull tech startup fundraising environment, Swiggy is getting a…

Invesco cuts Swiggy’s valuation by nearly half to $5.5 Billion

US-based fund manager Invesco slashed the valuation of food delivery aggregator Swiggy.…

Swiggy revenue more than doubles to reach ₹5705 crore in FY22, but loss widens

SoftBank-backed Swiggy witnessed its expenses surge during FY22, which in turn widened…

UrbanPiper lands $24 Mn in Series B, arch rivals Zomato, Swiggy co-invest amid strategic alignment

It was a day of brand new firsts in the Indian startup-land,…
Rapido

Bike Taxi upstart Rapido scores $180Mn from Swiggy, others in Series D round

Bike taxi startup Rapido has raised $180 million in a new Series…

Swiggy working on entering social commerce vertical with “Swiggy Bazaar”

Swiggy is Zomato’s biggest competitor. However, the company has been looking to…
Zomato

Zomato and Swiggy will now collect 5% GST on deliveries. Here’s what that means for you:

The GST council has approved a new proposal, wherein food delivery platforms…

Swiggy and Reliance team up to roll out electric vehicles for delivery fleet

People are aware of the necessity of clean energy, more so in…
Swiggy

CCI approves SoftBank’s $450Mn investment in Swiggy

As Zomato nears its debut in the public markets, the food delivery…
Swiggy

NRAI writes to CCI, alleging Swiggy and Zomato’s unfair practices hurt restaurants

Online food ordering and delivery platforms Zomato and Swiggy have become heavily…
Swiggy

Swiggy announces four work day weeks in May, releases slew of services for employees

The first wave of the pandemic had forced many companies to temporarily…