Tag: swiggy
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…
Alpha Wave’s Kathuria set to exit amid India reset; to float Rs 1,000-crore fund
Ankur Kathuria, senior director at Alpha Wave Global, formerly Falcon Edge, has decided to move on from the US-based investment firm, adding to an expanding…
Young, loss-making startups keep OFS portion lean as investor scrutiny grows
Young, loss-making startups preparing for initial public offerings (IPOs) are increasingly keeping the fresh issue component large to fund their growth plans as investors grow…
Swiggy, Zomato, Uber asked to register gig workers by June 21: Report
The government has directed app-based platforms such as Swiggy, Zomato, Uber, Ola, Rapido, Blinkit and Zepto to register their gig workforce on the e-Shram portal…