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The quick food delivery space is heating up with fierce competition. Zomato recently unveiled a 15-minute food delivery service in select areas, while Zepto's Zepto Cafe is gaining traction.
Indian food delivery and e-commerce platform Swiggy has launched Bolt, a 10-minute food delivery service. The new offering targets customers seeking quick-to-prepare meals from quick-service ...
Platform Fees Play Their Part. Despite a decline in orders, Zomato has managed to add to its profits significantly in Q4 FY24. Net profit grew 26.8% to INR 175 Cr in the quarter and the company ...
NEW DELHI (Reuters) -An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring ...
Swiggy, a leading food delivery and quick-commerce app in India, said on Monday that it has expanded its 10-minute food delivery service, Bolt, to more than 400 cities and towns across the country.
Three years after Indian startups lined up for public listings in 2021, we are back on the IPO trail in 2024. And it’s Swiggy which is looking to make the most of this renewed optimism.. The ...
Swiggy commands about 45.8% of the Indian food delivery market and clocked a GMV of $2.57 billion in that business in 2023, Bernstein analysts wrote in a recent note.
U.S. asset manager Invesco has raised the valuation of Indian food delivery platform Swiggy to $8.3 billion from $7.85 billion in October in a second straight markup, regulatory filings showed.
Indian food-delivery platform Swiggy Ltd. is seeking to sell shares for as much as 390 rupees ($4.64) each in an initial public offering that may raise $1.35 billion, people familiar with the ...
Indian food and grocery delivery startup Swiggy has received approval from its shareholders for a $1.25 billion initial public offering, as per regulatory filings with India's ministry of ...
Food delivery giant Swiggy is soon to make its stock market debut, posing tough competition for the incumbent Zomato.The price band for the IPO, which is set to kick off on November 6, has been ...
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