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4 days ago · June 24, 2024 / 02:31 PM IST. The paneer biryani was ordered from an outlet of the popular restaurant in Nizampet. (Image credit: @Avinashtime/X) A Swiggy customer in Hyderabad has allegedly found ...
3 days ago · Swiggy, in April, filed for its draft IPO application with the market regulator Sebi confidentially. Before that, it secured shareholders’ approval for a Rs 10,400 crore ($1.25 billion) public issue –which will include Rs 3,750 crore ($450 million) of fresh shares and an offer for sale (OFS) of shares worth Rs 6,664 crore ($800 million) by existing shareholders.
Flipkart had also tried to make a deal with Zepto, but it didn’t fructify and the quick commerce startup closed a $665 million ( ₹ 5,547.66 crore) funding last week, at more than double of its ...
3 days ago · His case is however different from most others. Karthik Gurumurthy, former senior vice president at Swiggy, has returned the capital he raised from investors including Matrix Partners India ...
4 days ago · Besides, while Swiggy’s trading losses got reduced to $158 million in FY24, Zomato reported a positive Ebitda of $5 million for the same period. CLSA said Swiggy’s core food delivery GOV grew double digits in FY24 but Zomato’s growth was higher at 22 per cent YoY. “If we assume a 10 per cent/20 per cent GOV growth for Swiggy’s food ...
3 days ago · Swiggy is backed by investors like Prosus, Accel, SoftBank, and Invesco. It was valued at $10.7 billion after raising $700 million in 2022. A report by Bernstein Research in March 2024 estimated ...
4 days ago · Sharing the pictures of the food with what appears to be a maggot, Sai Teja said he had paid Rs 318 for the biryani and despite raising the issue with Swiggy, he was given a refund of only Rs 64 ...
