The broader slowdown did not spare Swiggy, and saw its food delivery business grow 17.6% YoY in terms of GOV — the lower end of its 18-22% growth guidance.

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 ...

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.

Foodtech major Swiggy has expanded its 10-minute food delivery service Bolt to more than 500 cities across India, a day after its rival Zomato announced shutting down its 15-minute food delivery ...

In contrast to the burn-heavy quick commerce business, Swiggy’s food delivery segment has turned the corner. The unit reported an adjusted EBITDA margin of 2% in FY25, a sharp improvement that ...

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.

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 ...

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 ...

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 ...

Swiggy has entered into a strategic agreement with Kouzina Food Tech to snap up exclusive licences for its digital-first food brands, including The Bowl Company, Homely, Soul Rasa, and Istah ...

Swiggy Ltd. engages in the provision of food delivery services. It have three business online platform as Swiggy Food, Swiggy Instamart, and Swiggy Dineout. Swiggy Food offers online food delivery ...

Swiggy, the on-demand convenience platform, has announced its acquisition of FMCG retail distribution firm Lynks Logistics Ltd (LYNK) from The Ramco Cements Ltd and Ramco Industries. The deal ...