News

Foodtech major revamps office lunch breaks with smart menus, while deepening corporate outreach and expanding beyond food.
Swiggy expands DeskEats and Corporate Rewards to 30 cities, aiming to capture workplace food orders with curated menus and ...
Quick commerce is becoming the battleground where billions are being spent to capture wallet share. Blinkit, Zomato’s bet, ...
Rapido is being seen as a great demand generation channel like Paytm & Ola and restaurants may find it as a viable ...
Swiggy’s shares fall nearly 4% after Q1 net loss doubles; Eternal’s Blinkit continues to lead quick commerce growth in a ...
As Zomato’s Blinkit powers ahead, all eyes are on Swiggy’s Instamart and its path to profitability amid deepening losses and ...
Eternal, the parent company of Zomato and Blinkit, posted a 55% year-on-year increase in its B2C net order value (NOV) for ...
Zomato clocked in its first profit in the first quarter of FY24 whereas Swiggy continues to be loss making, according to data from its red herring prospectus. In 2021, as Zomato was gearing up for ...
Despite Zomato’s lead, Swiggy's IPO represents an attempt to close the valuation and profitability gap. The company currently remains in the red, reporting a Rs 2,350 crore loss in FY24.
As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...
Swiggy’s food delivery turns EBITDA positive, eyes 5% margin by FY28. Bolt drives growth, but quick commerce losses persist ...
Domestic brokerage Nirmal Bang has initiated coverage on Eternal and Swiggy with a 'Buy' rating; check target price here ...