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Swiggy IPO subscribed to 2.13 times on last day of the offer

Swiggy's IPO closes today, having received strong interest from QIB and employees. The company aims…

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3 mins read

Swiggy sets IPO price band between Rs 371-390/share; offer likely to open on November 6th. Here's all you need to know

The offer will conclude on November 8, and the listing is tentatively scheduled for November 13, 20…

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Swiggy IPO likely between November 6-8, 2024. Here's all you need to know

Notably, Swiggy's rival Zomato, which recently reported a staggering 389% YoY jump in its net profi…

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3 mins read

Ahead of much awaited IPO, what is Swiggy upto? Launching XL Fleet, premium membership and kicking out Zomato CEO

​​In the buildup to its IPO, the delivery giant is dialing up the competitive fever big time with r…

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Swiggy IPO likely in November, looking to raise Rs 11,000 crore; Rahul Dravid, Karan Johar bite into pre-IPO pie

The firm is likely to raise around Rs 11,000 crore, which will include a fresh issue of Rs 5,000 cr…

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Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal

Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…

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3 mins read

Swiggy's IPO set to open tomorrow. Should you subscribe?

Food delivery giant Swiggy's IPO, valued at Rs 11,327 crore, opens tomorrow with a muted grey marke…

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Zomato and Swiggy increase platform fee by 20% – food deliveries to get costlier

Zomato and Swiggy have raised platform fees to ₹6 from ₹5, with tests in Delhi and Bengaluru. Despi…

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3 mins read

IPO Mania on D-Street to continue in October-November; Hyundai, Swiggy look to raise Rs 60,000 crore

As per reports, the Indian markets can expect around 30 IPOs before the end of 2024. The biggest of…

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3 mins read

Swiggy is preparing for its IPO soon: A look at some recent changes in the company

Swiggy is expected to raise over USD 1 billion through its IPO, with plans to file its draft red he…

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4 mins read

The delivery reckoning is here

Gig delivery workers for Uber, DoorDash, and Instacart say they're making less. But customers are p…

Alex Bitter   


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3 mins read

Why is your grocery delivery taking so long? Your driver has 2 other deliveries.

Bundling orders weighs on gig workers' earnings and frustrates some customers on platforms like Wal…

Alex Bitter   


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4 mins read

Consumers continue to throng apps in search of Roti, Kapda & Makaan, March sees healthy user metrics and app downloads

Despite an economic slowdown, Indians are still using apps to search for jobs, homes, and love. Tec…

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1 min read

IPO-bound Swiggy likely to raise platform fee from ₹5 to ₹10 says media report

Online food delivery platform Swiggy is expected to double the platform fee on food orders from Rs …

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4 mins read

India needs to review how it wants to extract tax from Zomato and Swiggy

India’s Finance Minister Nirmala Sitharaman on Friday announced that online food delivery platforms…

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4 mins read

Deliveroo goes 'from hero to zero' after tanking 30% at its London IPO as investors get tough on gig-worker rights

The food-delivery startup's float comes after a pandemic-related surge in business, as consumers fl…

Shalini Nagarajan,Shona Ghosh   


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6 mins read

The golden age of working for Instacart, DoorDash, and other delivery apps is over, workers say

Workers for Instacart, DoorDash, Grubhub, Walmart Spark and other apps say delivery gigs got harder…

Alex Bitter   


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1 min read

Indian food-delivery startup Zomato files for a $1.1 billion IPO as the country battles a catastrophic wave of COVID-19 infections

The company is planning to list as India combats a crippling COVID-19 wave with at least 300,000 ne…

Shalini Nagarajan   


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1 min read

Zomato plans to lay off 3% of its workforce

Online food delivery platform Zomato on Saturday said it is planning to lay off nearly 3 per cent o…