Food delivery giant Swiggy is soon to make its stock market debut, posing tough competition for the incumbent Zomato. The price band for the IPO, which is set to kick off on November 6, has been fixed ...
“99% of restaurant partners in the delivery business don’t make money,” said Sagar Daryani. The National Restaurant Association of India (NRAI) president and Wow! Momo cofounder was addressing ...
Swiggy and Zomato are increasingly using platform fees as a monetisation tool as the food delivery sector grapples with flattish growth since the last one year There’s a growing concern among ...
Zomato on Tuesday said its board has approved a plan to raise $1 billion via a sale of shares to institutional investors, as competition in India’s quick-commerce sector heats up. The timing of the ...
Magicpin and Rapido have partnered to offer a new food delivery alternative, challenging the duopoly of Zomato and Swiggy.
NEW DELHI, Nov 8 (Reuters) - An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy (SWIG.NS), opens new tab breached competition laws, with their ...
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 ...
Brokerage firm Bernstein has maintained a positive outlook on both Swiggy and Zomato, citing their strong foothold in the fast-growing quick commerce space. The brokerage has set a target price of Rs ...
On Monday, the recently listed quick delivery platform's stock, Swiggy, traded as much as around 2 per cent lower to 378, ...
India's new labour codes mandate social security contributions from the likes of Swiggy and Zomato for the gig workers they ...
NEW DELHI, March 6 (Reuters) - Indian consumer products distributors have filed an antitrust case against big fast-delivery businesses of Zomato, Swiggy and Zepto, calling for an investigation into ...
Ahead of the fourth season of Shark Tank India, Deepinder Goyal, CEO of Zomato, has been removed from his role as a Shark. This decision reportedly comes as a result of Swiggy becoming the new sponsor ...