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Swiggy's food delivery business reaches profitability
TechCrunch· 1 year agoIndia's Swiggy said on Thursday that its marquee food delivery business has become profitable,...
Swiggy, the Indian food delivery giant, seeks $1.25B in IPO after receiving shareholder approval
TechCrunch· 2 months agoSwiggy, an Indian food delivery and instant commerce startup, plans to raise $1.25 billion in an...
Indian food delivery firm Swiggy restarts IPO plans, aims for 2024 listing- sources
Reuters via Yahoo Finance· 10 months agoSwiggy, the Softbank-backed food delivery company, is eyeing a 2024 stock market listing and has...
Invesco raises valuation of Indian food delivery firm Swiggy to $8.3 billion
Reuters via Yahoo Finance· 5 months ago(Reuters) - U.S. asset manager Invesco has raised the valuation of Indian food delivery platform...
Indians get hooked on 10-minute grocery apps, squeezing small retailers
Reuters via Yahoo Finance· 7 days agoIn a middle-class suburb of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse race...
Indian food delivery giant Swiggy to cut 380 jobs
TechCrunch· 1 year agoSwiggy plans to lay off 380 jobs and shut down its meat marketplace as the Prosus Venture and SoftBank-backed Indian food delivery giant looks to...
Quick commerce is making fast inroads in India
TechCrunch· 3 months agoIndia's quick commerce market has witnessed a staggering tenfold growth between 2021 and 2023, fueled by the sector's ability to cater to the distinct...
Zomato boosts quick commerce arm Blinkit with $35m investment
Retail Insight Network via Yahoo Finance· 5 days agoIndian food delivery platform Zomato is set to bolster its quick commerce arm Blinkit with a Rs3bn...
Reliance-backed Dunzo nears fresh funding of $50 million
TechCrunch· 1 year agoIndian hyperlocal delivery startup Dunzo is in late-stage discussions to secure about $50 million in...
India's Zepto zooms to $1.2B in annualized sales in 29 months, Goldman says
TechCrunch· 2 months agoIndian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion...