U.S. asset manager Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food-delivery and quick-commerce startup that is on track to ...

Swiggy is reorganising one of its growing divisions, Instamart, by moving it into a wholly owned subsidiary, Swiggy Instamart Private Limited. The board approved the move on Tuesday, and it is now ...

Swiggy had invested Rs 950 crore in the ride-hailing company in 2022. (Photo source: Canva) Food and grocery delivery major Swiggy will sell its entire 12% stake in ride-hailing platform Rapido ...

Invesco, which led Swiggy’s previous round, has marked down the Indian food delivery giant’s valuation in its holding to about $5.5 billion, according to a filing. This revised valuation, as of ...

Swiggy to sell 12% stake in Rapido - should you still buy? What anaysts say Swiggy plans to sell its 12% stake in Rapido for ₹ 2,400 crore to finance its loss-making Instamart. Analysts are divided on ...