Tag: Swiggy

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Ride-hailing gig worker unions call for strike on February 7

A group of unions representing gig workers operating with ride-hailing companies like Uber, Ola and Rapido have called for a strike on Saturday,...

Bitcoin drops to $95,000 on US regulatory worries

Bitcoin pulled back toward the $95,000 mark after briefly surpassing $97,000, as key regulatory developments in the US weighed on investor sentiment. The...

Zomato strike backed by ‘0.1% miscreants’, says CEO Deepinder Goyal

In a striking revelation, Eternal CEO Deepinder Goyal said that “our delivery partners did not want to go on strike yesterday (December 31).”In...

Gig workers’ Dec 31 strike threat pushes delivery apps to dangle incentives, rewards

As the threat of a delivery workers’ strike on December 31 looms, quick commerce and food delivery platforms are attempting to keep last-mile...

Zepto’s IPO set to put quick-commerce giants under market scrutiny

Zepto’s confidential filing for a $1.3-billion initial public offering is set to put India’s quick-commerce sector into the public-market spotlight next year, with...

Swiggy raises Rs 10,000 crore via QIP at nearly 4% discount to floor price

SynopsisFood delivery firm Swiggy has successfully raised Rs 10,000 crore through its qualified institutional placement. Shares were allocated to domestic mutual funds and...

Spacetech startups say the next two years critical for commercialisation, acknowledge govt push

India’s spacetech startups are gearing up for a sharp commercial push over the next two years.Founders say rising demand for space-based data could...

ETtech Explainer: Why have food delivery platforms agreed to share user data with restaurants?

Ending a long-standing fight, food delivery platform Zomato has started discussions with the National Restaurants Association of India (NRAI) regarding the sharing of...

Rapido, not Ola, is Uber’s biggest rival in India: CEO Dara Khosrowshahi

Uber CEO Dara Khosrowshahi said that Rapido has overtaken Ola as Uber’s main competitor in India. Speaking on Zerodha cofounder Nikhil Kamath’s podcast...

D2C brands lining up to list on quick commerce platforms in festive season

In a sign of early festive season momentum, hundreds of emerging direct-to-consumer (D2C) brands are queuing up to list on quick-commerce platforms and...

Quick commerce companies slow dark stores buildout to control cash burn

After a year of rapid expansion of dark stores, quick commerce firms are pulling back on adding such warehouses to control their cash...

Swiggy adds 2,000 employees in FY25 on back of Instamart blitz

Food and grocery delivery company Swiggy added about 2,000 employees in fiscal 2025, taking its total workforce to 7,431 as of March 31...