Tag: swiggy
ETtech Explainer: Can premium beauty, quick commerce drive Nykaa’s next phase of growth?
Premium beauty products, in-house brands, and quick commerce are emerging as Nykaa’s key growth levers and margin drivers, as the beauty retailer doubles down on…
Ex Swiggy, Zomato execs launch AI startup Profound, raise $1.5 million from Stellaris, 3one4
Former Swiggy SVP Anuj Rathi and Zomato CTO Prashant Parashar have launched Profound, an agentic platform that creates AI representatives. The startup has raised $1.5…
Bengaluru hoteliers seek meeting with Swiggy CEO, repeat Aug 15 boycott threat
The Bangalore Hotels Association (BHA) has sought an immediate meeting with Swiggy co-founder and CEO Sriharsha Majety to discuss a range of issues, including unauthorised…
Nandita Sinha, IIT alumna and former Myntra head, named CEO of Swiggy’s Instamart
Swiggy has appointed former Myntra CEO Nandita Sinha as the new Chief Executive Officer of its quick commerce platform Instamart, effective August 3. Nandita Sinha…
Bistro sees limited impact from Swiggy’s Toing, Rapido’s Ownly: Deepinder Goyal
Eternal is not putting much effort into dealing with competition from Swiggy’s Toing and Rapido’s food delivery platform Ownly, said founder Deepinder Goyal in a…
Selective VCs turning more to experienced founders, says report
Senior executives who have spent years building India’s largest startups before turning into founders themselves are attracting a disproportionate share of venture capital, according to…
Zepto brings back subscription via invite-only club membership programme
IPO-bound quick commerce startup Zepto has rolled out an invite-only paid membership programme, Zepto Club. It is currently available to select customers for Rs 99….
Zepto said to face sharply lower valuation for IPO
Indian fast-delivery company Zepto Ltd. is seeking a valuation in an initial public offering sharply below its $7 billion peak as concerns over cash burn…
Elevation Capital closes $500 million India fund; to back startups building on AI’s app layer
Paytm and Swiggy investor Elevation Capital has raised a $500 million fund to back early-stage startups, betting that the next generation of AI-led companies will…
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…