Swiggy
- INDIAINDIA · 1 min
Flipkart Minutes surpasses Swiggy Instamart in dark stores across top cities
Flipkart Minutes has overtaken Swiggy Instamart in the number of dark stores across the top 10 Indian cities, according to economictimes.indiatimes.com.
26 Aug, 03:29 pm IST - INDIAINDIA · 2 min
Swiggy shareholders approve foreign ownership cap for Instamart shift
Swiggy shareholders have approved a 49.5% cap on aggregate foreign ownership, enabling the company’s quick-commerce arm Instamart to transition from a marketplace model to an inventory-led model.
21 Aug, 03:28 pm IST - FUNDINGFUNDING · 1 min
Swiggy shares rise nearly 5% after foreign ownership cap approval
Shares of foodtech company Swiggy surged nearly 5% to an intraday high of ₹285.35 on the BSE today after shareholders approved a 49.5% cap on aggregate foreign ownership.
20 Aug, 05:28 pm IST - STARTUPSSTARTUPS · 2 min
Swiggy secures IOCC status to shift Instamart to inventory model
Swiggy has become an Indian-owned and controlled company (IOCC) after shareholders approved capping foreign ownership at 49.5%, enabling a major shift in Instamart’s business model.
19 Aug, 09:28 am IST - INDIAINDIA · 2 min
Swiggy shareholders approve 49.5% cap on foreign ownership
Swiggy shareholders approved a resolution to cap foreign ownership in the company at 49.5%, enabling it to qualify as an Indian-owned and controlled company (IOCC), the company announced on Tuesday.
18 Aug, 09:28 pm IST - INDIAINDIA · 2 min
Swiggy targets ₹10,000 crore EBITDA by FY31 with growth in food delivery
Swiggy Ltd announced a five-year plan aiming to achieve an adjusted EBITDA of ₹10,000 crore by FY31, driven by expansion in its food delivery and Instamart businesses, according to livemint.com.
06 Aug, 03:28 pm IST - STARTUPSSTARTUPS · 2 min
Swiggy’s Instamart hits contribution margin break-even in Q1 FY27
Swiggy’s quick commerce arm Instamart achieved contribution margin break-even for the first time in Q1 FY27, according to the company’s recent financial results reported this week.
03 Aug, 07:28 am IST - INDIAINDIA · 1 min
Swiggy Q1 losses narrow but shares fall over 5% post-results
Swiggy reported a narrowing of losses in its first quarter results, but its shares fell over 5% following the announcement, according to thehindubusinessline.com.
31 Jul, 11:28 am IST - STARTUPSSTARTUPS · 1 min
Swiggy narrows Q1 net loss by 34%, Instamart hits breakeven
Swiggy narrowed its net loss by nearly 34% year-on-year to ₹791 crore in the first quarter of fiscal 2027, according to inc42.com.
31 Jul, 09:28 am IST - INDIAINDIA · 1 min
Swiggy narrows Q1 net loss to ₹791 crore as revenue jumps 37% YoY
Swiggy reported a consolidated net loss of ₹791 crore for the first quarter of fiscal year 2027, narrowing from ₹1,197 crore in the same period last year.
30 Jul, 05:29 pm IST - STARTUPSSTARTUPS · 2 min
Swiggy Instamart and Nykaa ramp up quick commerce leadership hires
Swiggy Instamart has appointed former Myntra CEO Nandita Sinha as its new chief executive, replacing Amitesh Jha, while Nykaa has hired ex-Instamart COO An…
29 Jul, 09:28 am IST - STARTUPSSTARTUPS · 2 min
Flipkart to launch food delivery pilot in Bengaluru to challenge Zomato, Swiggy
Flipkart is preparing to enter India’s food delivery market with a pilot launch in Bengaluru, aiming to compete with established players like Zomato, Swigg…
26 Jul, 03:28 pm IST - INDIAINDIA · 1 min
Swiggy shares drop 9.19% as BlueStone gains nearly 29% in bearish week
India's new-age tech stocks faced a bearish week with 43 out of 59 stocks declining, led by Swiggy which fell 9.19% to ₹251.40.
25 Jul, 09:28 pm IST - INDIAINDIA · 2 min
Swiggy shares fall after board approves foreign ownership cap
Shares of Swiggy dropped as much as 7.8% to ₹242.60 during intraday trading on the BSE following the company’s board approval of a proposal to cap aggregate foreign ownership at 49.5%.
24 Jul, 01:28 pm IST - INDIAINDIA · 2 min
Swiggy becomes majority Indian-owned as foreign shareholding dips
Swiggy's domestic ownership has crossed the 50% threshold, making it a majority Indian-owned company, according to a recent filing.
07 Jul, 03:23 pm IST - POLICYPOLICY · 2 min
Swiggy, Zepto challenge Karnataka gig workers law in high court
Several platform aggregators including Swiggy, Zepto, Zomato's parent Eternal Ltd, Urban Company, and Valmo Transportation have filed a writ petition in th…
30 Jun, 01:47 pm IST - INDIAINDIA · 2 min
Amazon's rapid delivery push triggers $15 billion rout for Swiggy, Eternal
Amazon's aggressive expansion into rapid delivery services has caused a $15 billion market value decline for Indian quick commerce players Swiggy and Eternal, according to thehindubusinessline.com.
29 Jun, 02:08 pm IST - STARTUPSSTARTUPS · 2 min
Swiggy fails to secure requisite shareholder approval for altering AoA to become Indian-owned entity
Swiggy failed to secure the necessary shareholder approval to amend its Articles of Association (AoA) to qualify as an Indian-owned and controlled company, according to a recent exchange filing.
22 May, 10:56 am IST - STARTUPSSTARTUPS · 2 min
Swiggy shareholders push back against board rights change
Swiggy’s shareholders have rejected a proposal to amend the company’s articles of association (AoAs) and change its board nomination framework, falling sho…
22 May, 02:56 am IST