Instamart

With the advent of the internet, brands have seriously given a thought to their digital marketing strategies. Conventional print advertisements are on the decline as more and more brands engage with followers directly through social media.…

BENGALURU: Swiggysuffered a loss of $540 million (over Rs 4,400 crore) in calendar year 2022, data extrapolated from its investor Prosus’s 2023 annual report shows. That’s an 80% rise from the previous year.The Netherlands-based investment…

Quick commerce is the quickest growing. Sales through Swiggy’s Instamart, Zomato’s Blinkit, Zepto, and BigBasket’s BBnow are growing faster than traditional ecommerce platforms, senior executives at multiple consumer goods companies…

Karthik Gurumurthy, who is stepping aside as the head of Swiggy’s quick commerce business Instamart, said that building the business from the ground up, since 2020, had taken a toll on him.“I have loved being a part of this journey but this…

Oravel Stays, which operates budget hospitality chain Oyo, has pre-filed its IPO papers with the stock market regulator Securities and Exchange Board of India Sebi on Friday under the confidential pre-filing route. This and more in today’s…

Karthik Gurumurthy, head of Swiggy's quick commerce business Instamart, will step aside from his current role by the end of April, a source aware of the matter told ET.Swiggy's cofounder Phani Kishan Addepalli is slated to take over as the…

Online food and grocery delivery company Swiggy said it will waive commission from new restaurants for a month under its new initiative called Swiggy Launchpad.The decision comes at a time when rival Zomato has approached a number of…

Food and grocery delivery startup Swiggy said that Delhivery CEO Sahil Barua, managing director of tractor maker TAFE, Mallika Srinivasan, and renowned chartered accountant Shailesh Haribhakti will join the company’s board as independent…

Online food delivery platform Swiggy is laying off 380 employees. The decision was communicated to staff at a town hall on Friday.CEO Sriharsha Majety cited “challenging macroeconomic conditions” as one of the reasons for the job cuts.In an…

Quick deliveries at consumers’ doorsteps, for anything from snacks and soaps to noodles and staples, are stacking up billion-dollar forecasts. All of it rides on speed and convenience. Companies selling daily essentials and grocery-related…