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Swiggy News

Swiggy raises $43m in Series I round, funds likely to be used to expand new business; company's valuation goes past $3.65 bn
Business

Swiggy raises $43m in Series I round, funds likely to be used to expand new business; company's valuation goes past $3.65 bn

The latest fund-raising comes about 45 days after Swiggy raised $113 million led by South African internet giant Naspers, along with Hadley Harbour Master Investments and Meituan Dianping.

Amazon to foray into food delivery business in India, likely to partner with Infosys co-founder Narayana Murthy
Business

Amazon to foray into food delivery business in India, likely to partner with Infosys co-founder Narayana Murthy

The report points out Amazon's food delivery open for its employees and started pilot testing its service in select parts of Bengaluru.

'Everything is data': Digital Jalebi's Nikhil Joshi talks immersive storytelling and data-driven experiences
Life

'Everything is data': Digital Jalebi's Nikhil Joshi talks immersive storytelling and data-driven experiences

Trans-disciplinary studio Digital Jalebi co-founder Nikhil Joshi is deeply interested in two experiential design trends gaining rapid traction on the Indian landscape: shifting to mediums beyond mobiles — essentially storytelling through immersive media, and data-driven experiences.

Amazon, Flipkart seek rollback of new Indian tax on online sellers
News & Analysis

Amazon, Flipkart seek rollback of new Indian tax on online sellers

The online retail industry is braced for a possible 1 percent tax on each sale made by sellers on their platforms from April if the proposal is approved by parliament next month.

Swiggy launches 'BrandWorks' to co-create delivery brands with restaurants; model expected to generate revenue with nominal investment
Business

Swiggy launches 'BrandWorks' to co-create delivery brands with restaurants; model expected to generate revenue with nominal investment

Swiggy currently has 100 such brands on its platform that were co-created with 95 restaurant partners across 13 cities, the company said.

With UberEats in the bag, Zomato breaches Swiggy’s stronghold on food-delivery business in South India
News & Analysis

With UberEats in the bag, Zomato breaches Swiggy’s stronghold on food-delivery business in South India

Without considering customer overlap, the UberEats deal clearly puts Zomato ahead. The country-wide combined order volume of Zomato and UberEats will be 46-47 million

Amazon will need more than $1 bn to win over merchants as anger mounts over private brands
News & Analysis

Amazon will need more than $1 bn to win over merchants as anger mounts over private brands

No fair play as Amazon, Flipkart, Swiggy, Zomato labels have unfair advantage, say merchants, restaurants

'How will we pay our EMIs?': Out of service, Ola, Uber drivers in Assam warn of 'aggressive movement', demand immediate restoration of mobile internet
India

'How will we pay our EMIs?': Out of service, Ola, Uber drivers in Assam warn of 'aggressive movement', demand immediate restoration of mobile internet

Over 12,000 Ola and Uber drivers in Assam have threatened to start an aggressive movement against the government as mobile internet ban enters the seventh day amidst anti-Citizenship Amendment Act protests

Zomato-Uber Eats deal: Ride hailing major likely to invest up to $200 mn in combined entity
Business

Zomato-Uber Eats deal: Ride hailing major likely to invest up to $200 mn in combined entity

Zomato and UberEats may become the biggest by the number of orders and size ahead of Swiggy, if the merger deal takes place, the report said.

Accel raises $550 million in its sixth round of funding in India
News & Analysis

Accel raises $550 million in its sixth round of funding in India

Accel was one of the first investors in some of India’s marquee startups such as Flipkart, Ola, Myntra, Freshworks, Swiggy, and UrbanClap.

Exclusive: Homegrown food-delivery services Swiggy, Zomato revive merger talks as threat from Amazon, Uber Eats looms
News & Analysis

Exclusive: Homegrown food-delivery services Swiggy, Zomato revive merger talks as threat from Amazon, Uber Eats looms

Even if the companies agree to a merger, they would have to contend with the gaze of the Competition Commission of India

Zomato and restaurant association NRAI continue to spar over food aggregator's premium Gold membership
Business

Zomato and restaurant association NRAI continue to spar over food aggregator's premium Gold membership

The NRAI remains steadfast in its belief that Zomato Gold in its current form is not acceptable in either dine-in or delivery segment

Zomato Gold scheme: No significant progress could be made in meeting held with company, says NRAI
Business

Zomato Gold scheme: No significant progress could be made in meeting held with company, says NRAI

National Restaurant Association of India on Monday said no significant progress could be made on Zomato Gold issues in the meeting held with the company

Ten startups to be part of Extreme Entrepreneurs by Lightspeed
India

Ten startups to be part of Extreme Entrepreneurs by Lightspeed

The finalists of the EE 2019 challenge are Bakbuck, Deepsync, EazyPG, GroMo, Gratitude, Ithaka, Openapp, Xeno, Womaniya and Blackboard Radio

Swiggy launches pick-up and drop service 'Swiggy Go' in Bengaluru; plans to expand to over 300 cities by 2020
Business

Swiggy launches pick-up and drop service 'Swiggy Go' in Bengaluru; plans to expand to over 300 cities by 2020

Food ordering and delivery platform Swiggy on Wednesday said it has launched pick-up and drop service 'Swiggy Go' in Bengaluru, and plans to expand it to over 300 cities by 2020

Logout campaign: NRAI hits out at Zomato for plans to introduce gold programme in delivery vertical
Business

Logout campaign: NRAI hits out at Zomato for plans to introduce gold programme in delivery vertical

The association said it deliberated on eight critical issues pertaining to the online delivery space on Thursday with Zomato and Swiggy.

Zomato, Swiggy, Uber Eats, Food Panda get letters from NRAI to do away with deep discounts
Business

Zomato, Swiggy, Uber Eats, Food Panda get letters from NRAI to do away with deep discounts

NRAI also highlighted complaints about discounts being offered in the delivery segment throughout the year.

Sacred Games: Parle G, Netflix India, Swiggy engage in a hilarious banter over Jatin Sarna's dialogue
Entertainment

Sacred Games: Parle G, Netflix India, Swiggy engage in a hilarious banter over Jatin Sarna's dialogue

Bunty's dialogue in Sacred Games season 2 has inspired a funny conversation on Twitter among popular brands like Parle-G, Netflix India, and Swiggy.

Logout campaign: Online food platforms agree to redesign schemes to check deep discounts: NRAI
Business

Logout campaign: Online food platforms agree to redesign schemes to check deep discounts: NRAI

Launching a logging out campaign in protest against dine-in schemes, around 1,200 restaurants in major cities had reportedly delisted from the dine-in programmes of food aggregators.

FHRAI asks food service aggregators to review discounting schemes or face protests
Business

FHRAI asks food service aggregators to review discounting schemes or face protests

An umbrella body of hotel and restaurant associations has asked food service aggregators like Zomato and Swiggy to review their discounting schemes and engage in a dialogue for addressing restaurant owners' issues