Apps News Startups Swiggy launches SNACC, a new 15-minute food delivery app After Zomato, now Swiggy is taking the “bite” out of wait times… Soumyadeep SarkarJanuary 9, 20252 minute read
News Startups Swiggy narrows loss in Q2FY25 as it reports first numbers post public market debut Food delivery giant Swiggy has reported its financial results for the second… Soumyadeep SarkarDecember 3, 20242 minute read
News Startups Swiggy expands 10minute food delivery brand ‘Bolt’ to over 400 cities Food delivery aggregator Swiggy has now expanded Bolt – its 10-minute food… Soumyadeep SarkarDecember 2, 20242 minute read
Business News Swiggy IPO subscribed 11% on Day 1 Swiggy had a rather muted IPO debut in terms of subscriptions by… Staff@The Tech PortalNovember 6, 20241 minute read
News Startups 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… Soumyadeep SarkarOctober 4, 20242 minute read
News Startups 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… Soumyadeep SarkarOctober 1, 20242 minute read
News Startups 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… Soumyadeep SarkarSeptember 10, 20242 minute read
Business News Startups 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… Soumyadeep SarkarJune 3, 20242 minute read
Business Internet News Swiggy files for $1.25Bn confidential IPO Swiggy, the second major player within India’s duopolised food delivery market, has… Staff@The Tech PortalApril 29, 20242 minute read
Business Internet News Swiggy confidentially files for $1.25Bn IPO Swiggy, the second major player within India’s duopolised food delivery market, has… Staff@The Tech PortalApril 28, 20242 minute read
News Startups Invesco is increasing Swiggy’s valuation by 42% to $7.85 billion In an otherwise dull tech startup fundraising environment, Swiggy is getting a… Soumyadeep SarkarOctober 18, 20232 minute read
Acquisitions Business News Startups Swiggy acquires retail logistics startup LYNK in all-stock deal Swiggy has entered into a definitive agreement to acquire retail logistics startup… Soumyadeep SarkarJuly 13, 20232 minute read
News Startups Venture Capital 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.… Soumyadeep SarkarMay 9, 20232 minute read
Culture & Policy News Startups Swiggy CTO Dale Vaz resigns, to be succeeded by Madhusudhan Rao Marking the second exit in its senior management within the course of… Soumyadeep SarkarApril 3, 20232 minute read
Business News Startups 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… Soumyadeep SarkarJanuary 3, 20232 minute read
Business News Startups 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,… Guntas SinghApril 18, 20222 minute read
News Startups 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… Soumyadeep SarkarApril 16, 20222 minute read
News Startups Venture Capital Swiggy turns decacorn after scooping up $700Mn in fresh capital The food delivery market in India is a strong one. Fuelled by… Soumyadeep SarkarJanuary 25, 20222 minute read
Apps News Swiggy working on entering social commerce vertical with “Swiggy Bazaar” Swiggy is Zomato’s biggest competitor. However, the company has been looking to… Upneet SinghOctober 12, 20212 minute read
Business Internet News 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… Upneet SinghSeptember 18, 20212 minute read
Business Electric News 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… Soumyadeep SarkarAugust 5, 20212 minute read
