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4 days ago · Swiggy offers its One membership at Rs 99 per month, just like Zomato offers Gold membership at Rs 99 per month. Several customers have shared a screenshot of the same on X, formerly known as Twitter.
4 days ago · “Swiggy’s core food delivery business GOV grew by double digits on healthy order growth and higher average order value. Operating leverage improved as the business added revenue streams like restaurant advertising and introduced nominal platform fees which supported improved operational profitability,” the Dutch-listed investment firm said in its annual report for the year ended March 2024.
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.
4 days ago · Swiggy is an on-demand food delivery platform that brings food from neighborhood restaurants directly to customers' doors. The company's food delivery platform lists local restaurants and menu lists on an app for users to order from and track the delivery of its delivery executives, enabling users to order food with speed and convenience.
3 days ago · 26 Jun 2024, 10:25 am. 3 min read. The Karnataka High Court on Wednesday directed the Competition Commission of India (CCI) to take a fresh call on whether confidential data concerning Swiggy should be shared with a restaurant association, amid the examination of allegedly anti-competitive practices by Swiggy and Zomato [ Swiggy Limited v.
4 days ago · Zomato and Swiggy, Indias leading food delivery platforms, have altered their policy for premium members, reducing the free delivery radius from 10 kilometres to 7 kilometres. This change affects ...
Swiggy was last valued at $10.7 billion following its $700 million funding round in January 2022. In comparison, larger rival Zomato has a market capitalisation of over $20 billion. Zomato listed ...
