India’s Swiggy said on Thursday that its marquee food delivery business has become profitable, eclipsing its publicly listed rival Zomato on another key metric a day before the firm is set to ...

Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's second-largest IPO this year. Swiggy's $1.4 billion IPO, the second largest in ...

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. However, ...

Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was oversubscribed on Friday, as institutional investors rushed in with orders on the final day of India's second ...

I ndia’s quick-commerce clash is turning into a cash bonfire, and Swiggy is the one scorched. In the March quarter, every Rs 100 of gross order value (GOV) on Swiggy Instamart translated into Rs ...

Food and grocery delivery firm Swiggy's $1.4 billion IPO was 12% subscribed after its first day of bidding, with retail investors placing orders for more than half the shares reserved for them in ...

Swiggy Ltd. is headed for its biggest weekly gain this year, buoyed by a brighter outlook for the Indian company’s main food delivery business and moves to curb quick commerce losses.

Prosus and its controlling shareholder Naspers Ltd. invested $1.3 billion building a 31% stake in Swiggy ahead of its stock market debut in India on Wednesday.

Food delivery platform Swiggy’s net loss widened 39 per cent to ₹799 crore for the quarter ended December 31, 2024. It reported a net loss of ₹574 crore in the year-ago period.

Swiggy's IPO oversubscribed 3.59 times, with a price band of ₹371-₹390 per share, aiming to boost quick commerce.