Started in 2014, Swiggy has a valuation of USD 12.7 billion as on April 10, 2024. Its annual revenue stood at USD 1.09 billion as on March 31, 2023.
Nearly 6 million servings of Biryani were ordered during this period, representing a 15% surge compared to typical months.
Swiggy is part of a cohort of modern internet firms aiming to debut on public stock exchanges.
Swiggy has collaborated with Shikara operators who will support local delivery partners experienced in navigating Shikaras to reach the houseboats.
Suparna Mitra joins an esteemed roster of independent directors at Swiggy, which includes Anand Kripalu, Managing Director & Global CEO at EPL…
Arora's departure adds to the increasing number of Vice Presidents (VPs) and Senior Vice Presidents (SVPs) who have exited Swiggy in the past…
The examination also discloses that the prime period for Idli orders spans from 8 AM to 10 AM, with individuals from cities such as Bangalore,…
Swiggy introduced an industry-first on-demand ambulance service, with an average response time of 11 minutes, for its delivery partners and their…
The food delivered to passengers will be packed in insulated Swiggy bags to keep the meal warm and fresh.
According to a report, this transition occurs as the company prepares for its upcoming initial public offering (IPO), with plans to file draft public…
The Tata Neu app currently features a food category section, displaying menus exclusively from restaurants affiliated with the Tata Group's…
Ashwath will be responsible for building and executing Swiggy’s growth and marketing strategy designed to engage new and returning customers, driving…
The company's marketing expenditure rose to Rs 2,362 crore, constituting 28% of operating revenue in FY23, a decrease from 44% in FY22.
Taking an eco-friendly approach to preserve the beauty of the island, all deliveries will be solely made on bicycles.
This move follows the company's introduction of the platform fee model in April 2023, where an initial extra charge of Rs 2 was applied to specific food orders, irrespective of the order size.
With Stores, Swiggy wants to become the one-stop delivery app that enables access to every store in the city.
Barista is also planning to add around 40 more stores in the next three months.
The list of demands put forth by the industry includes – lowering commission, 100% payment made to restaurants in case of cancellation, processing payments every 48 hours etc.
Presently, the sticker packs are live on the PlayStore. They will soon be available for iOS.
The move comes after FSSAI had directed the food delivery platforms to de-list all unlicensed and non-registered restaurants from their listings.
These new cities include Dehradun, Puducherry, Mysore, Vijayawada, Nashik, Guwahati, Kanpur and Ludhiana.
FSSAI, in July, had instructed all major foodtech players to delist non-compliant restaurant partners to ensure food hygiene and safety.
‘Swiggy Packaging Assist’ will offer restaurants access to a variety of packing solutions according to the needs of their menu.
In FY23, Swiggy incurred losses totaling about $545 million, marking an 80% surge from approximately $300 million in FY22.
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