Swiggy

Retail Asia26/07/2022

Shares of Indian food-delivery company Zomato plunged 14.3 per cent to a record low today, as a one-year lock-in period for promoters, employees and other investors came to an end following last year’s listing. Zomato made a stellar debut on July 23 last year in the Mumbai market, but its shares have lost more than […]

Retail Asia27/06/2022

The top brass of food delivery app Zomato are set to come together on the 17th of June to pen to paper and make the acquisition of Indian based start-up company Blinkit officially complete. The deal is set to be of a stock exchange type at a ratio of 1:10 where Blinkit will get a share […]

Retail Asia03/05/2022

Instant grocery startup Zepto has raised $200 million in a new financing round as it looks to expand its 10-minute delivery service to more cities in India and grow its network of dark stores. Existing backer Y Combinator Continuity led Zepto’s Series D round, valuing the Mumbai-headquartered startup at about $900 million, up from $570 million in […]

Retail Asia22/12/2021

Indian on-demand grocery-delivery service, Zepto, has bagged US$100 million during its Series-C funding, taking its value to US$570 million within five months of its launch. Led by Y Combinator’s Continuity Fund, the round included investors Nexus, Breyer Capital, Global Founders Capital and Glade Brook, among others. The Series-C funding follows Zepto’s earlier funding round in […]

Retail Asia15/02/2019

India’s food ordering and delivery platform Swiggy Tuesday said it has launched ‘Swiggy Stores’ moving beyond its core food delivery segment to provide access to consumers items across multiple categories. The company will deliver from these stores “in categories such as fruits and vegetables, kiranas and supermarkets, florists, baby care, health and supplements among others,” Swiggy said […]

Retail Asia11/01/2019

The National Restaurant Association of India (NRAI) on Tuesday said it has raised concerns over deep discounting and data masking by food ordering and delivery startups such as Swiggy, Zomato and Ola’s Foodpanda. According to a report, The restaurants’ body said it flagged issues regarding misuse of dominant position, in a meeting with the app-based food ordering and delivery startups. “NRAI […]

Retail Asia24/12/2018

Leading food ordering and delivery start-up Swiggy has raised US $1 billion (Rs 7,000 crore) venture funds from existing investors led by Naspers, to strengthen its technology and hire talent, it said on Thursday. “Swiggy will use the funds to bring more quality food brands closer to consumers and address gaps in supply through delivery-only kitchens, as […]

Retail Asia16/11/2018

Leading food ordering and delivery start-up Swiggy on Tuesday said it would engage about 2,000 women as delivery personnel by March 2019. “About 2,000 women will join our delivery team by March next year. Over the last few months, we have been working on training women for opportunities in this growing food delivery sector,” the city-based online […]

Retail Asia06/11/2018

Food ordering and delivery platform Swiggy Thursday said it has expanded its presence in the country by launching services in sixteen new cities across India. The new cities include Thrissur, Tirupur, Warangal, Aurangabad, Agra, Mangalore, Manipal, Jalandhar, Trichy, Udaipur, Amritsar, Varanasi, Bhubaneshwar, Vellore, Thiruvananthapuram and Kota, Swiggy said in a statement. These cities join the 28 cities […]

Retail Asia24/09/2018

The new cities are Dehradun, Puducherry, Mysore, Vijayawada, Nashik, Guwahati, Kanpur and Ludhiana, Swiggy said in a statement. The company has partnered with over 1,200 restaurants in these cities, it added. Commenting on the development, Swiggy COO Vivek Sunder said, “Expanding to these eight new markets is very important to us”. Over the years, Swiggy has played […]

Retail Asia09/01/2018

UK food-delivery startup Deliveroo is preparing to launch in India. Valued at US$2 billion, the company is hiring a country head along with a full team, insiders say, according to The Times of India. It will go head to head with local players like Swiggy and Zomato as well as comparatively new entrant UberEats. Ola has […]

Retail Asia05/09/2016

Rocket Internet-backed Foodpanda India, which last year faced allegations of internal fraud and misappropriation of funds, is reported to be raising fresh capital. It has mandated Mumbai-based mid-market investment bank O3 Capital for a US$40-60 million fundraise as it initiates talks with investors, reports the Times of India. Foodpanda has already said it is selling […]

Retail Asia16/08/2016

Working with local partners, Google India has made online ordering and restaurant bookings easy. When people use their phones to search Google for nearby restaurants, the search results offer an option to “place an order”. By tapping the option, users can choose a delivery service and be taken to its website to complete their order. […]

Retail Asia08/02/2016

foodpanda-group-raised-additional-USD-20-million-of-funding-to-continue-global-roll-out-.jpg

Foodpanda India appears likely to be shut down after parent Rocket Internet failed to find a buyer at a bargain basement price. It’s the latest chapter for the increasingly troubled Asian operations of Foodpanda which last monthgave up in Vietnam after failing to win market share off rivals and in Hong Kong axed its upmarket […]

Tag: Swiggy

India’s Zomato shares tumble to record low

Zomato boosts Blinkit delivery stake for US$568 million

Indian grocery startup Zepto raises new funds at $900 million valuation

Indian online grocer Zepto secures $100 million investment

Swiggy India now opens Stores to deliver everyday needs

Restaurant association questions deep discounts on Swiggy, Zomato

Food delivery start-up Swiggy raises US$ 1 billion from venture funds

Swiggy to engage 2,000 women for food delivery

Swiggy India expands services in 16 new cities

Swiggy India expands services in 8 new cities

Deliveroo heads to India

Foodpanda India looking to raise $50m

Google India delivers for food fans

Foodpanda India ‘likely to close’