Tag: Swiggy shares

Swiggy's stock was down 6.20% at 198.30 rupees in early trade, set for its worst day on record, if the current momentum persists. (Reuters)
Posted in Business

Swiggy shares hit record low as wider Instamart losses fuel profitability concerns

Shares of Swiggy fell to a record low on Friday after the Instamart operator posted wider losses in its quick-commerce business, keeping the focus on…

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Swiggy shares slide over 2% after FSSAI issues 9 notices over consumer complaints
Posted in Startups

Swiggy shares slide over 2% after FSSAI issues 9 notices over consumer complaints

Shares of food delivery major Swiggy fell. 5% to an intraday low of Rs 266 on the BSE on Monday after the Food Safety and…

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Swiggy shareholders approve delivery company's plan to raise Rs 10,000 crore via QIP
Posted in Startups

Swiggy shareholders approve delivery company’s plan to raise Rs 10,000 crore via QIP

Shareholders of food and grocery delivery company Swiggy have approved its plan to raise Rs 10,000 crore via a qualified institutional placement, according to a…

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Image for Swiggy's board approves Rs 10,000-crore fundraise via QIP
Posted in Startups

Swiggy’s board approves Rs 10,000-crore fundraise via QIP

Synopsis Food and grocery delivery firm Swiggy’s board has approved a proposal to raise Rs 10,000 crore through a qualified institutional placement. The company will…

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