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With losses narrowing and food delivery turning profitable, Swiggy is shifting gears to focus on efficiency and breakeven ...
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 ...
Salman Khan's bodyguard, Shera, made his acting debut in a Swiggy Instamart advertisement for Rakhi, marking his first ...
Swiggy operates over 600 such facilities, while Zomato’s Blinkit ended the September quarter with 791 stores. Swiggy, which counts Prosus, SoftBank, Accel, and Elevation among its backers, has ...
Sure, the Rapido stake (~12%) monetization could help; but its cutting it too close for us to be comfortable taking this bet.
NEW DELHI, July 22 (Reuters) - Domino's Pizza (DPZ.N) India franchise will consider taking some of its business away from popular food delivery apps, Zomato (ZOMT.NS) and SoftBank-backed Swiggy ...
Swiggy, which delivers food from restaurants and also groceries, was valued at $10.7 billion in its last fundraising in 2022 but like many Indian startups put its IPO plans on hold amid a funding ...