News & Filings
SWIGGY \u2014 Recent Activity
10 items in the last 14 days
AI Summary
India's food delivery and restaurant reservation businesses are seeing significant developments, with some startups raising funds and others facing challenges due to declining orders and increased competition. The LPG crisis is also impacting food delivery platforms, leading to a decrease in orders. These changes may affect the financial performance of companies operating in this space, which could have implications for investors.
Walmart-owned Flipkart, Amazon are squeezing India’s quick-commerce startups
Flipkart's ongoing expansion beyond major cities and heavy discounting is raising risks for India's quick-commerce startups, analysts say.
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Bengaluru food delivery startup Swish raises $38M, its third round in 18 months
Swish has more than doubled its valuation in a year as its full-stack, hyperlocal model positions ultra-fast food delivery as a high-frequency habit.
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Indian food delivery platforms hit as orders fall amid LPG crisis
Shares of QSR operators and food delivery platforms also fell amid concerns over a commercial LPG cylinder shortage.
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Swiggy shuts down 15-minute delivery app Snacc after limited rollout
Snacc was initially tested in Bengaluru and Gurugram, but did not achieve meaningful growth.
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Cashfree introduces payments extension for in-chat transactions in AI apps
Cashfree Here will let merchants take payments in chat, avoiding redirects to external checkout pages.
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Indian delivery platform Swiggy posts narrower sequential loss on Instamart strength
Jan 29 (Reuters) - India’s Swiggy posted a smaller sequential loss and reiterated that it aims to hit a key profitability metric in the first quarter of next year, driven by strong growth in its
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India’s Juspay secures $50m in follow-on funding at $1.2bn valuation
The funding round consisted of both primary and secondary components, giving early investors and employees with ESOPs an opportunity to sell shares.
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Eat App wants a bite of India’s restaurant reservation business with an acquisition and Swiggy partnership
Eat App is making India its central focus to market its reservation and dine-in growth suite.
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India reins in booming quick-commerce sector over '10-minute' delivery claim
By Aditya Kalra and Munsif Vengattil NEW DELHI, Jan 13 (Reuters) - India's government has ordered Blinkit, Zepto and Swiggy to stop promoting their grocery deliveries as a "10-minute" service, two
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India's Fast Fashion, Delivery Apps Push Into Smaller Cities
Cheap data, new logistics and mobile-first platforms are expanding consumption beyond India's urban elite into Tier 2 and Tier 3 markets.
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