Tag: food delivery
Deepinder Goyal: Felt Zomato was dead when Swiggy raised $1 billion in 2018: CEO Deepinder Goyal at The ET Startups Awards
Zomato founder and chief executive Deepinder Goyal said he felt that the food and grocery delivery major was at a dead end when rival Swiggy…
A look at India’s biggest IPOs of 2024
Oct 08, 2024 02:22 PM IST Hyundai Motor India’s $3 billion IPO leads the wave, followed by Swiggy and NTPC Green’s significant offerings. Companies are…
Zomato’s Deepinder Goyal orders food from Swiggy? ‘Never opened anybody else’s app’
Oct 08, 2024 11:48 AM IST Zomato CEO Deepinder Goyal stated he has never ordered from competitors like Swiggy, emphasizing Zomato’s strong position in India’s…
Zomato to grant nearly 12 million employee stock options worth around ₹330 crore
Zomato Ltd has approved the granting of nearly 12 million stock options to eligible employees. Zomato Ltd has approved the granting of nearly 12 million…
IPO-bound Swiggy introduces quick commerce-like 10-minute food delivery service called Bolt
The IPO-bound Swiggy has now launched Bolt, a 10-minute food delivery service in a move to deliver quick-to-prepare meals from popular restaurants within a 2…
Swiggy: US investor Invesco raises fair value of Swiggy, reduces valuation of Pine Labs
A fund managed by US-based investor Invesco increased the fair value of public markets-bound online food delivery company Swiggy in its books to $13.3 billion…
Swiggy IPO: Swiggy IPO: Prosus may pocket $500 million; founders snag $36 million via secondaries
Swiggy’s largest investor Prosus could realise more than $500 million from the food and grocery delivery firm’s upcoming initial public offering as it plans to…
BigB, Dravid, KJo and other top celebrities grab a share of Swiggy’s pre-IPO pie
A raft of celebrities from entertainment, sports, and enterprises are endorsing food and grocery delivery disruptor Swiggy through the unlisted market ahead of its IPO…
Swiggy introduces new incognito mode feature for food delivery as well as for Instamart
Swiggy has launched a new Incognito mode feature for privately ordering food and also for using its quick commerce division, Instamart, on Friday, September 6,…
Swiggy had zero orders on first ever day, CEO Sriharsha Majety says
Swiggy did not receive a single order on its first ever day, co-founder and CEO Sriharsha Majety revealed on the day the food delivery giant…