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Sriharsha Majety

CCI finds Zomato, Swiggy's food delivery businesses in breach of antitrust laws

TMT

08 November, 2024

CCI finds Zomato, Swiggy's food delivery businesses in breach of antitrust laws

An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices ......

Swiggy looking to slash IPO valuation by 10-16%

TMT

24 October, 2024

Swiggy looking to slash IPO valuation by 10-16%

Indian food delivery giant Swiggy is internally aiming for a company valuation of $12.5-13.5 billion for its upcoming IPO, cutting ......

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Swiggy gets a valuation mark-up from an investor ahead of IPO

TMT

15 October, 2024

Swiggy gets a valuation mark-up from an investor ahead of IPO

Food delivery and essentials aggregator Swiggy, which is gearing up for one of the largest new-age initial public offerings by ......

SoftBank-backed Swiggy looking at $15 bn valuation for upcoming IPO

Finance

23 August, 2024

SoftBank-backed Swiggy looking at $15 bn valuation for upcoming IPO

SoftBank-backed Indian food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming stock market offering ......

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Swiggy back in decacorn club with latest valuation mark-up

TMT

17 January, 2024

Swiggy back in decacorn club with latest valuation mark-up

Food delivery venture unicorn Swiggy, which has begun preparations for its potential public listing, has re-entered the decacorn club of ......

Pro
Swiggy gets a valuation jump, still way below its peak

TMT

16 October, 2023

Swiggy gets a valuation jump, still way below its peak

Food delivery unicorn Swiggy finally has good news in its corner, after facing a series of valuation cuts through the ......

Swiggy enters retail distribution market with Lynk acquisition

Consumer

13 July, 2023

Swiggy enters retail distribution market with Lynk acquisition

Food and groceries delivery aggregator Swiggy on Thursday said it will buy Lynk Logistics, a retail distribution company from listed ......

Swiggy's food delivery biz turns profitable, excluding ESOP costs: CEO

TMT

18 May, 2023

Swiggy's food delivery biz turns profitable, excluding ESOP costs: CEO

Foodtech unicorn Swiggy on Thursday said its food delivery business, which accounts for the majority of its revenue, has turned ......

Tortoise raises funds from Swiggy, ZestMoney chiefs

Finance

01 September, 2022

Tortoise raises funds from Swiggy, ZestMoney chiefs

Save-now-buy-later platform, Tortoise has raised an undisclosed amount of funding from Swiggy’s co-founder and chief executive officer (CEO) Sriharsha Majety ......

Swiggy to buy Times Internet-owned Dineout

TMT

13 May, 2022

Swiggy to buy Times Internet-owned Dineout

SoftBank-backed Swiggy agreed to acquire Times Internet-owned table booking platform Dineout in a deal valued at about $150 million, said ......