The investment in UrbanPiper is the latest strategic backing from Swiggy and Zomato. Bengaluru-headquartered Swiggy last week said it led a $180 million funding in bike and taxi aggregator Rapido .

On the BSE, Swiggy debuted at ₹ 412, representing a 5.64 per cent premium. The IPO, India’s largest in the food delivery sector, was priced in the range of ₹ 371-390 per share and aimed to ...

The prospects for Swiggy’s IPO looks good — especially given that rival Zomato’s stock has surged over 100% since its $1.3 billion listing in 2021, reaching a market cap high of $29 billion ...

An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed ...