Tag: swiggy
India’s quick-commerce bubble may be close to bursting, Blinkit CEO warns| Business News
India’s quick-commerce sector is hurtling towards a shakeout, Blinkit’s Chief Executive Officer Albinder Dhindsa said, while maintaining that his company would survive and thrive. Blinkit,…
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…
Organic Harvest founder ventures out again with Rasa
Rahul Agarwal, founder of the beauty brand Organic Harvest who exited after the Good Glamm Group acquired a majority stake, has launched a new venture,…
Swiggy QIP likely next week to give Instamart firepower against Zepto, Blinkit| Business News
Swiggy Ltd. is preparing to raise as much as ₹10,000 crore via a qualified institutional placement next week, in what can be seen as a…
Lenskart revenue grows 21% in Q2; net profit rises at similar clip as margins improve
Omnichannel eyewear retailer Lenskart, which listed on the bourses on November 10, has reported its first quarterly results as a public company clocking 21% year-on-year…
Quick commerce ups gig rider onboarding, monthly base accelerates 70-80%
Aggressive scale-up and fast growth have prompted quick commerce platforms to step up the onboarding of last-mile delivery workers, according to industry executives and staffing…
Prosus widening India focus to back companies in all stages
Dutch investor Prosus, which has backed the likes of Swiggy, Urban Company and Meesho, is broadening its remit in India to back companies ranging from…
Rapido leads India’s mobility market, says Prosus CEO Fabricio Bloisi
Bengaluru-based Rapido tops the charts in India’s mobility market, said Fabricio Bloisi, CEO of Dutch investor Prosus, on Monday. Prosus owns around 5% of Rapido,…
What Swiggy, Zomato and their ilk must do under India labour codes| Business News
The government has formally implemented India’s four new Labour Codes, replacing 29 fragmented labour laws, in what is seen as a pivotal moment for gig…
Swiggy expands ‘food on train’ service to 122 stations
Food delivery platform Swiggy on Friday announced expansion of its ‘Food on Train‘ service to 122 stations across the country amid an encouraging response to…