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Swiggy Delivered Double-Digit Revenue Growth in FY23, But IPO Hopes Hinge on Turning Red Ink Blue

Swiggy, India's online food and grocery-delivery company, has recently filed its financial statements for fiscal 2023, ending on March 31, 2023, and the results are noteworthy. The company reported an impressive 45% YoY growth in its operating revenue, amounting...

Swiggy’s Rs 10 Platform Fee Experiment: A Bite Out of Budget-Friendly Customers in India?

Swiggy will soon introduce a platform fee of Rs 10, a jaw-dropping increase of over 3X from the current Rs 3 levied on most customers in India. The online food and grocery delivery firm has already begun teasing this...

Swiggy and Zomato Lock Horns in India’s Food Delivery Price War: Enough to Entice New Customers?

In India's rapidly expanding online food delivery landscape, industry frontrunners Zomato and Swiggy are revamping their strategies to appeal to a growing demographic of budget-conscious consumers, specifically focusing on students and job-seekers. As the conventional methods of customer acquisition...

Swiggy, Zomato, Blinkit saw record-breaking food and grocery orders on New Year’s Eve!

December is a holiday-filled month, including Christmas and New Year. As no new year party is ever complete without food and drinks, millions of Indians on 31 December 2022 used their smartphones/laptops to order food online. On new year's...

Amazon failed to compete with Swiggy, Zomato in India: Shutting down its food delivery business

Amazon Food is shutting down in India. This news comes as a surprise given that Amazon's food delivery service has been operational in the country for a little over two years now. In January 2020, the e-commerce giant started...

Delivery Partners Select New Battlefield Against Swiggy, Zomato To Hurt Them The Most

The delivery partners of Swiggy and Zomato have protested against unfair payout in many traditional ways in the past. This time, however, they are using the same tool used by food delivery startups to amplify their voices. Yes, they are...

Zomato Offers Unlimited Free Delivery To Match Swiggy Super

The competition between Zomato and Swiggy is bound to intensity as both the food delivery unicorns have created a bigger war chest to strengthen its market presence. In a bid to lure Swiggy's premium customers, Zomato has launched Zomato...

Swiggy To Have A Bigger Warchest To Take On Zomato

As the Indian investments community is excited about the Zomato IPO, scheduled for tomorrow, the arch-rival Swiggy is busy preparing a bigger war chest to take on Zomato. The Competitive Commission of India (CCI) has given approval to $450 million...

Can Amazon Food Break The Duopoly Of Swiggy And Zomato In Online Food Delivery Market?

After the acquisition of Uber Eats by Zomato the online food delivery market has become a two-horse race. The equations, however, are about to change. Currently, the food delivery space in India is largely dominated by Zomato and...

After Ola and Uber, Now Swiggy And Flipkart Under Probe For Tax Evasion: What’s Brewing?

A few days ago, reports emerged about Ola and Uber coming under the scanner of Directorate General of Goods and Services Tax Intelligence aka DGGI for tax evasion. Now, Swiggy and Flipkart are suffering to the same fate as...
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India’s Top 3 IT Firms Let Go 65k Employees in FY24: Is Automation the Culprit?

Tech industry layoffs post-Covid have been a major concern, affecting white-collar employment in India. This trend isn't confined to...
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