Swiggys

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…

Social media is filled with some interesting banter that often gets the internet to sit up and take notice. This is especially true for Twitter, where celebrities and personalities from all over the world interact with fans and followers…

Who doesn't love Italian food? Things get all the more jazzed up when we add a desi tadka to it. Be it pizza or pasta, the desi spices have added a lip-smackingly delicious twist to the cuisine. Don't you agree? But now, the fusion trend…

US-based asset management firm Baron Capital Group has reduced food and grocery delivery company Swiggy’s valuation by another 10% to $6.38 billion as of March 31, 2023.Baron Capital had marked down Swiggy’s valuation by 34% to $7.1 billion…

On-demand convenience platform Swiggy's food delivery business has turned profitable, making it one of the very few global players in the sector to achieve such a feat in less than nine years since inception, company CEO and co-founder…

<!-- -->Swiggy's food delivery business has turned profitable, CEO Sriharsha Majety said.New Delhi: On-demand convenience platform Swiggy's food delivery business has turned profitable, making it one of the very few global players in…

Food delivery platform Swiggy on Thursday announced that it has turned profitable as of March 2023.“Our sharp focus on innovation, coupled with strong execution has led to yet another milestone- As of March 2023, Swiggy’s food delivery…

A fund managed by US-based asset management firm Baron Capital Group has marked down the valuation of food and grocery delivery platform Swiggy by 34% to $7.1 billion as of December 2022, regulatory filings with the US Securities and…

Social media has become a part and parcel of our lives. We start our day by scrolling through our Instagram feed and end it by going through Twitter or watching videos on Facebook. Have you ever wondered what would happen if our favourite…

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…