Tag: swiggy
ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for Instamart
Food and grocery delivery company Swiggy’s failure to secure shareholder approval for changing its articles of association has delayed a governance reset that was meant…
Swiggy fails to secure requisite shareholder approval for altering AoA to become Indian-owned entity
Swiggy on Thursday said it has not secured the shareholder approval needed to amend its Articles of Association, a step it required to help qualify…
Swiggy CEO Sriharsha Majety sees telecom parallels in qcomm frenzy, says strategic clarity is key
Swiggy founder Sriharsha Majety said companies that find strategic clarity early are more likely to survive aggressive spending cycles, drawing parallels between quick commerce’s current…
Gig workers’ body writes to labour ministry to mandate heatwave protection
The Indian Federation of App-Based Transport Workers (IFAT) has written to the ministry of labour and employment, urging the government to mandate heatwave protection for…
Flipkart may launch standalone app for quick commerce business Minutes
Flipkart is planning to launch a standalone app for its quick commerce vertical Flipkart Minutes prior to its annual Big Billion Days sale later this…
Razorpay plans confidential IPO filing soon; targets $600-700 million raise at $5-6 billion valuation
Fintech unicorn Razorpay is preparing to confidentially file for an initial public offering (IPO) within the next few weeks, according to multiple people familiar with…
Quick commerce turning to reset lane as profit push tempers growth metrics
After several quarters of breakneck expansion, quick commerce majors Blinkit and Instamart are expected to report moderation in growth in the January-March quarter, as they…
Zepto trims cash burn before IPO, pitches profitability by FY29 to investors amid growing competition
Quick commerce firm Zepto has begun engaging institutional investors ahead of its planned June–July public listing, as it steps up pre-IPO roadshows, people familiar with…
India parliament panel calls for tighter protection for gig workers
An Indian parliamentary panel has recommended mandatory registration of gig workers on a national labour database, while calling for clearer legal obligations for digital platforms…
Prosus bets big on Indian consumer enterprises, says its global head of AI and data science
Consumer enterprises are strong in India, and Prosus intends to keep on investing in this space, a top company official said. Speaking to PTI on…