Tag: Swiggy

Swiggy's platform fee rose to Rs 17.58, reflecting a 17% increase after Zomato's 19% hike in fees.

Bengaluru-based Swiggy has shut down Snacc, its app for 10–15 minute food delivery, less than a year after launching.

Instamart processed 106.4 million orders from 12.8 million users, despite reporting a loss of Rs 908 crore.

Swiggy reported a 54% growth in operating revenue to Rs 6,148 crore, though losses increased to Rs 1,065 crore.

Swiggy has piloted a physical store for Instamart in Gurugram, testing a limited offline format.

Swiggy has closed its Rs 10,000 crore QIP, raising funds from institutional investors at Rs 375 per share.

Swiggy has secured approval to raise Rs 10,000 crore via QIP, aiming to boost its capital base and growth.

The Ministry of Consumer Affairs reported that 26 e-commerce platforms declared their interfaces free from dark patterns.

Swiggy's revenue surged 54% to Rs 5,561 crore, but losses swelled 74% to Rs 1,092 crore in Q2 FY26.

Swiggy announced the sale of its stake in Rapido for Rs 2,399.5 crore, securing over a 2.3X return.