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1 day ago · This will take Swiggy’s dark store count to 741, covering about 2.59 million sq ft. Food and grocery delivery company Swiggy is set to make its debut on Dalal Street today. This Rs 11,300-crore IPO will be the biggest public offering by a technology firm since Paytm's public issue in 2021.
1 day ago · Swiggy CEO Sriharsha Majety: Swiggy, the food delivery giant, debuted on the stock market. CEO Sriharsha Majety, usually media-shy, marked the occasion with a rare public appearance. Majety shared the origin story of Swiggy, tracing it back to his days at IIM Calcutta. The IPO is set to create a significant number of crorepatis among Swiggy's employee base.
Swiggy is an Indian online food ordering and delivery company. Founded in 2014, Swiggy is headquartered in Bangalore and operates in more than 580 Indian cities, as of July 2023. [4] Besides food delivery, the platform also provides quick commerce services under the name Swiggy Instamart, and same-day package deliveries with Swiggy Genie.. It rivals homegrown startup Zomato in food delivery and hyperlocal marketplace. [5]
1 day ago · Shares of food and grocery delivery player Swiggy made its debut on Dalal Street with a 7.69% premium over its IPO price of Rs 390 on NSE, listing at Rs 420. ETtech Zomato chief executive officer Deepinder Goyal took to social media to congratulate rival food delivery platform Swiggy on its stock market debut on Wednesday.
1 day ago · The food delivery company’s Rs 11,000 crore Initial Public Offering (IPO) made its debut on the Indian stock market today (13 November). The IPO will put around Rs 9,000 crore in the hands of 5,000 employees who have been with the company for many years, including Rs 1 crore each for 500 workers. This is thanks to Swiggy's Employee Stock Ownership Plan (ESOP), which is amongst the biggest in the country's start-up culture
1 day ago · Food delivery and quick-commerce major Swiggy on Wednesday said it is expecting "very solid" growth in the next 3-5 years and plans to expand its geographical footprint and stores network for ...
1 day ago · In 2014, along with his co-founder Nandan Reddy, he rebranded Bundl and shifted focus to the food delivery sector, launching Swiggy. This move proved to be a game-changer, as the food delivery ...
3 days ago · Swiggy’s food delivery CEO has been in the role for less than two years. Zomato, on the other hand, has had the benefit of an established founding team for Blinkit from the get-go.
1 day ago · Shares of Swiggy ended debut day up 10.67% at ₹455.95 ($5.4) on Wednesday as the food-delivery and quick-commerce startup concluded India’s second-largest IPO this year.
1 day ago · Shares of Indian food delivery giant Swiggy soared over 9% on their trading debut Wednesday after its teh company’s stellar IPO — the country’s second-largest this year. The company, which ...
