Swiggy's stock falls 11% after Zomato's poor quarterly performance raises concerns among investors. What this means for the ...

To make matters worse, the timing was cruel. For Swiggy, 2019 was a year of heightened investment. “The company was in a high cash burn phase,” recalls Majety, alluding to heavy investments ...

Swiggy, the popular food delivery aggregator, saw its shares tumble 11 per cent in Tuesday's trade (January 21), hitting an 8-week low of ₹427 apiece after the company's director competitor ...

If Swiggy has morphed from a noun to a verb over the last decade, the man responsible for starting quick commerce in India is an oxymoron. There is nothing ‘quick’ about Sriharsha Majety ...

Additionally, Swiggy and Zomato are moving toward tier-based membership models. (Image/PTI) Food delivery giants Swiggy and Zomato are expected to moderate discounts in their core business as ...

The company shared the update in a regulatory filing. The subsidiary will operate in sports activities, amusement and ...

Shares of Swiggy dropped 10 percent to trade at Rs 431, as seen at 11.05 am on January 21. This comes after its rival Zomato posted lower-than-expected Q3 results, dampening spirits for the food ...

In yet another bid to expand beyond the delivery segment, Swiggy has incorporated a sports venture called Swiggy Sports Private Limited. Within this segment, the company will engage in sports team ...

Legal Actions and Ongoing Investigations In 2021, NRAI filed a petition with the Competition Commission of India (CCI), alleging that Zomato and Swiggy were abusing their dominant market positions.

Swiggy’s out-of-home consumption business generated a gross revenue of ₹45.8 crore in the June quarter of 2024-25.(REUTERS) Foodtech firm Swiggy has received approval from the ministry of ...