Swiggy’s Co-Founder Nandan Reddy Steps Down; Phani Kishan and Rahul Bothra Join the Board
Swiggy has made key board changes, promoting co-founder Phani Kishan Addepalli and CFO Rahul Bothra.
Tag: Swiggy
Swiggy Matches Zomato’s Move with a 17% Surge in Platform Fees to ₹17.58
Swiggy's platform fee rose to Rs 17.58, reflecting a 17% increase after Zomato's 19% hike in fees.
Swiggy Pulls the Plug on Rapid 15-Minute Delivery Service Snacc
Bengaluru-based Swiggy has shut down Snacc, its app for 10–15 minute food delivery, less than a year after launching.
Swiggy Instamart Faces Profitability Challenges with Rs 908 Cr Loss in Q3 FY26
Instamart processed 106.4 million orders from 12.8 million users, despite reporting a loss of Rs 908 crore.
Swiggy Reports ₹6,148 Crores in Revenue for Q3 FY26, Sees 32% Surge in Losses
Swiggy reported a 54% growth in operating revenue to Rs 6,148 crore, though losses increased to Rs 1,065 crore.
Swiggy Launches Innovative Instamart Experience Store in Gurugram
Swiggy has piloted a physical store for Instamart in Gurugram, testing a limited offline format.
Swiggy Wraps Up ₹10,000 Crore QIP at Just Below Floor Price
Swiggy has closed its Rs 10,000 crore QIP, raising funds from institutional investors at Rs 375 per share.
Swiggy Secures Shareholder Approval for ₹10,000 Crore QIP Initiative
Swiggy has secured approval to raise Rs 10,000 crore via QIP, aiming to boost its capital base and growth.
“26 Companies Commit to Transparency by Rejecting ‘Dark Patterns'”
The Ministry of Consumer Affairs reported that 26 e-commerce platforms declared their interfaces free from dark patterns.
Swiggy’s Q2 FY26 Losses Surge by 74% to Rs 1,092 Cr, While Instamart Experiences Double Growth
Swiggy's revenue surged 54% to Rs 5,561 crore, but losses swelled 74% to Rs 1,092 crore in Q2 FY26.
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