Swiggy, at a company level, is still not profitable. The startup is burning more than $20 million a month on its instant grocery delivery business, called Instamart, according to two people ...

Nov 8 (Reuters) - Food and grocery delivery firm Swiggy's (SWIG.NS), opens new tab $1.4 billion initial public offering was oversubscribed on Friday, as institutional investors rushed in with ...

Invesco invested in Swiggy in early 2022, leading a $700 million round in the Bengaluru-based startup. The round valued the company at $10.7 billion. Invesco has been fairly conservative with its ...

From ordering food on the Swiggy app to getting groceries and daily essentials via Instamart, Swiggy is now expanding its services with a new app called Crew. The app is currently available for ...

Swiggy leverages real-time data and AI to optimize food delivery, predict delays, personalize recommendations, and manage logistics across India. With over 17M monthly transactions, its smart ...

SoftBank-backed Swiggy's shares ended nearly 17% higher in their trading debut in India on Wednesday, signalling growing investor confidence in food and grocery delivery firms as shoppers ...

Swiggy cut adjusted EBITDA losses by 30% to $182M in 2024, driven by food delivery growth and Instamart expansion, says investor Prosus. While food delivery turned contribution-positive, Instamart ...

Foodtech major Swiggy saw its revenue grow 36% to INR 11,247 Cr in the fiscal year 2023-24 (FY24) from INR 8,265 Cr in the previous year.