Swiggy
TMT
Why Ola's Foodpanda buy is unlikely to challenge Swiggy, Zomato dominance
Ride-hailing firm Ola’s second shot at the food business after acquiring the Indian business of Foodpanda is undoubtedly the most ......
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VCC Startups weekly wrap: Jhunjhunwala backs Nazara; SoftBank, Alibaba get CCI nod
One of the big newsmakers in the past week was veteran stock market investor Rakesh Jhunjhunwala who made a $27-million ......
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Swiggy acqui-hires 48East to ramp up new supply biz
Bundl Technologies Pvt. Ltd-owned food delivery platform Swiggy has acqui-hired Bengaluru-based gourmet Asian food startup 48East to strengthen its new ......
People
Swiggy hires former Reckitt Benckiser exec as CEO of New Supply biz
Bengaluru-based Bundl Technologies Pvt. Ltd, which operates online food ordering platform Swiggy, has appointed former Reckitt Benckiser executive Vishal Bhatia ......
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Foodpanda lost less on every rupee earned last year than Zomato and Swiggy
Naspers-backed food delivery firm Foodpanda’s India unit said on Wednesday its revenue for the year through March 2017 jumped 64% ......
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SoftBank may invest $200-250 mn in food delivery platform Swiggy
Japanese telecom and internet conglomerate SoftBank is in discussions to invest around $200-250 million (Rs 1,288-1,610 crore) in homegrown food ......
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SBI launches digital lifestyle and banking services platform YONO
State Bank of India, the country’s largest financial institution, which ranks among the top 50 global banks by assets and ......
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VCC Startups weekly wrap: Amazon India beefs up; Uber, Facebook test new offerings
Global internet giants Amazon, Facebook and Uber took strategic steps this week to expand their India presence.Amazon pumped in more ......
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Flipkart likely to invest $50 mn into Swiggy: Report
Homegrown e-commerce major Flipkart may invest $50 million (around Rs 327 crore) into food delivery platform Swiggy, according to a ......
TMT
Swiggy lost Rs 1.5 for every Re 1 it earned last year; revenue jumped six-fold
Bundl Technologies Pvt. Ltd, which runs food delivery app Swiggy, clocked a revenue of Rs 133 crore in the financial ......