Swiggy
Consumer
Zomato, Swiggy to face CCI probe for alleged unfair biz practices
Monopoly watchdog Competition Commission of India (CCI) on Monday ordered a detailed probe against food delivery platforms, Zomato...
Consumer
India's Swiggy eyes $800 million IPO early next year - Nikkei
Indian food delivery company Swiggy, which is backed by SoftBank Group, has started preparations to raise at least $800 million...
TMT
Swiggy's FY21 sales decline 27% as pandemic-induced lockdowns cripple demand
Foodtech platform Swiggy, operated by Bundl Technologies Pvt Ltd, has reported a 27% decline in its 2020-21...
Consumer
Swiggy is in talks to acquire table booking app Dineout
Food aggregator Swiggy is in early talks with Times Internet-backed table booking platform Dineout, multiple people aware of the...
Consumer
Deals Digest: Companies raise $2.75 bn this week; DealShare, Darwinbox turn unicorns
Companies raised $2.75 billion in venture capital (VC) and private equity (PE) funding this week, helped by two massive investments...
TMT
Ola rebrands quick commerce segment; aims to set up 500 'dark stores'
ANI Technologies Pvt Ltd, parent of ride-hailing company Ola, has rebranded its quick commerce business as Ola...
People
‘We don't have much to worry about except execution,' Zomato CEO tells staff as stock plunges
Zomato is adequately capitalised and employees do not need to worry about anything except execution, Deepinder Goyal, Zomato’s...
TMT
Swiggy raises $700 mn from Invesco, others at $10.7 bn valuation
Foodtech platform Swiggy, operated by Bundl Technologies Pvt Ltd, has raised $700 million in a funding...
Consumer
Delivery race among Indian grocery startups brings road safety risks
Indian grocery startups are luring tech-savvy customers with the promise of deliveries within 10 minutes, sparking a boom in "quick...
People
OYO ropes in former Apple and Swiggy execs for top tech roles
Gurgaon-based hotel chain OYO has appointed former Apple executive Nirdosh Chauhan and Swiggy’s Kranthi MITRA Adusumilli...
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