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 ...
Swiggy, one of India’s largest food delivery and quick-commerce startups, is seeking a valuation of up to $11.3 billion in its initial public offering, marking a 57% discount to rival Zomato’s market ...
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 ...
Food delivery platforms Eternal and Swiggy are stepping up their bets on India’s fast-expanding dining-out and live events market, widening their ambitions beyond online food orders and quick commerce ...
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