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Image used for representative purpose only. | Photo Credit: Reuters Swiggy on Friday (November 7, 2025) said its board has approved the raising of funds upto ₹10,000 crore in one or more tranches through the Qualified Institutional Placement (QIP) route or any other permitted modes, as it seeks to bolster growth capital in a competitive…
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Commenting on the Startup Policy Forum’s initiative, Piyush Goyal, Union Minister of Commerce and Industry said this ‘should reinforce India’s global leadership in the new-age economy.’ File photo | Photo Credit: ANI Startup Policy Forum (SPF), an alliance to advance India’s emerging sectors and a platform for collaboration between founders, policymakers and regulators, announced its formation…
Read More “SPF to bring together 30 startups, policymakers and regulators” »
Swiggy Instamart offered onion at Rs 39 for all users in Delhi-NCR. A Delhi man’s request for free onion with his food order on Swiggy went viral, compelling Swiggy Instamart to announce an hour-long flash sale on the vegetable in the national capital region. It all started when the person placed an order on the…
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Swiggy’s initial share sale had a price range of Rs 371-390 a share. New Delhi: Swiggy’s much-anticipated stock market debut on Wednesday catapulted over 500 current and former employees to the “crorepati” club, with the food delivery and quick commerce major’s listing poised to unlock Rs 9,000 crore in ESOPs for 5,000 staffers, people aware…
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New Delhi: Facing a CCI probe for anti-competitive practices, online food delivery platform Zomato has asserted it complies with the country’s laws while rival Swiggy said it is committed to complying with local regulations. Both companies termed news reports on the Competition Commission of India’s (CCI) investigation “misleading”, maintaining that the CCI is yet to…
Read More “Zomato, Swiggy Say Committed To Complying With Competition Law” »
Food delivery giants Swiggy and Zomato have in recent years reshaped how Indians order food. New Delhi: An investigation by India’s antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring restaurant chains listed on their platforms, documents show. Zomato entered into “exclusivity contracts” with partners in…
Read More “Probe Finds Zomato, Swiggy Breached Antitrust Laws: Report” »
The issue will close for bids on November 8. Mumbai: Online food delivery platform Swiggy saw a muted response to its Rs 11,327 crore IPO on the first day of bidding on Wednesday, as brokerages advised investors to avoid the IPO until the company’s financial performance and growth outlook improve. The IPO received bids for…
Read More “Swiggy IPO Sees Muted Response On First Day, Gets Bids For 1.8 Crore Shares” »
Swiggy has in recent weeks cut its internal valuation goal twice by a combined 25% due to volatility in the Indian stock markets. File. | Photo Credit: Reuters Food delivery giant Swiggy will likely price its $1.35 billion domestic initial public offering, which opens next week, at ₹371-390 per share, sources with direct knowledge of…
Read More “Swiggy likely to price $1.35 billion IPO at ₹371-390/share: report” »
The primary market will remain abuzz with more than half a dozen companies, including Hyundai Motor India, Swiggy, and NTPC Green Energy, lined up initial public offerings over the next two months to raise around ₹60,000 crore, merchant bankers said. Apart from these three firms, Afcons Infrastructure, Waaree Energies, Niva Bupa Health Insurance, One Mobikwik…
Founded in 2014, Swiggy had a valuation of nearly $ 13 billion in April. New Delhi: Food delivery and quick commerce giant Swiggy has filed for a Rs 3,750-crore Initial Public Offering (IPO) in what is likely to be among India’s biggest listings this year. On Wednesday, it came to light that Swiggy had received…
Read More “Swiggy Files Updated Papers For IPO, Eyes Rs 3,750 Crore Via Fresh Issue” »