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Reliance takes 26% stake in delivery firm Dunzo for $200 million

Demand for services like Dunzo and SoftBank-backed Swiggy's Genie has boomed during the pandemic when people were ordered to remain indoors and only delivery of essential items was allowed.
Reliance has been ramping up its JioMart e-commerce arm in an effort to stave off competition from Amazon.com and Walmart Inc's Flipkart.(Reuters)
Reliance has been ramping up its JioMart e-commerce arm in an effort to stave off competition from Amazon.com and Walmart Inc's Flipkart.(Reuters)
Published on Jan 06, 2022 05:30 PM IST
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Reuters |

Two food delivery executives held in separate gunfights with Noida cops

Food delivery personnels open fired at cops and fled the scene.
"More importantly, it came to light that he worked as a delivery boy for Swiggy. We will soon be contacting Swiggy also over the incident," the officer said.
Published on Jan 05, 2022 05:21 PM IST
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PTI | , Noida

Swiggy says this is the ‘most binged’ snack of 2021 with about 5 million orders

Swiggy shared about the ‘most binged’ snack in their recently released their ‘StatEATistics 2021: How India Swiggyed this year’  list.
Swiggy shared different street foods that Indians loved eating in 2021 (representational image).(Unsplash)
Swiggy shared different street foods that Indians loved eating in 2021 (representational image).(Unsplash)
Published on Dec 22, 2021 05:33 PM IST
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ByTrisha Sengupta

Swiggy to invest $700 million in its quick delivery arm

Swiggy will invest in Instamart service, which is currently operational in 18 cities across India, and delivers more than one million orders per week.
Image used only for representation
Image used only for representation
Updated on Dec 03, 2021 04:48 AM IST
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ByTarush Bhalla

Swiggy nears $700 million fundraise in Invesco-led round

While Invesco will pour in $200 million, other existing investors such as Softbank Group Corporation will also participate. The deal values Swiggy, formally known as Bundl Technologies Pvt., at about $10.5 billion.
Swiggy has seen its valuation almost double since it was valued at $5.5 billion in April. (For representation purpose)(Hemant Mishra/Mint)
Swiggy has seen its valuation almost double since it was valued at $5.5 billion in April. (For representation purpose)(Hemant Mishra/Mint)
Published on Dec 01, 2021 03:52 PM IST
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Bloomberg | | Posted by Sharangee Dutta, Hindustan Times, New Delhi

Trolled, actor Prosenjit explains tagging PM Modi, CM Mamata in Swiggy tweet

Prosenjit Chatterjee said he appealed to the two leaders so that nobody faces a similar issue in the near future.
Prosenjit-Chatterjee (File Photo)
Prosenjit-Chatterjee (File Photo)
Published on Nov 07, 2021 11:05 AM IST
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By, New Delhi

Swiggy floats ‘no-questions-asked’ period time-off for women delivery agents

  • Food delivery platform Swiggy brings forth a two-day period time-off policy to support its women delivery partners on ‘that day of the month’.
Female delivery partners at Swiggy.(Source: Facebook/SwiggyDeliveryPartners)
Female delivery partners at Swiggy.(Source: Facebook/SwiggyDeliveryPartners)
Published on Oct 22, 2021 05:17 PM IST
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Written by Sharmita Kar | Edited by Poulomi Ghosh, Hindustan Times, New Delhi

Swiggy rolls out two-year ESOP plan worth $40 million

The Bengaluru-based food delivery platform has set July 2022 and July 2023, respectively, as the timeline for the liquidity events, with all employees holding stock options or Esops eligible to participate.
Swiggy has already bolstered its capital base, having raised a combined $1.25 billion from SoftBank Vision Fund 2 and Prosus in July this year.
Swiggy has already bolstered its capital base, having raised a combined $1.25 billion from SoftBank Vision Fund 2 and Prosus in July this year.
Published on Oct 07, 2021 06:54 AM IST
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Livemint | ByTarush Bhalla, Bengaluru

Zomato, Swiggy to collect GST for deliveries. What it means for you

Zomato and Swiggy will pay 5 per cent GST as GST is a levy on consumption after the GST Council decided to charge services by cloud kitchens and food delivery platforms.
Zomato and Swiggy will have to collect and deposit the GST with the government from January 1. (File Photo)
Zomato and Swiggy will have to collect and deposit the GST with the government from January 1. (File Photo)
Published on Sep 18, 2021 06:13 AM IST
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By | Written by Meenakshi Ray, New Delhi

Swiggy, Zomato will collect, pay GST instead of restaurants

The ministry said this is not a new tax. Only instead of restaurants, the food delivery apps will now collect and pay it.
Finance minister Nirmala Sitharaman announced the decisions of the GST Council. 
Finance minister Nirmala Sitharaman announced the decisions of the GST Council. 
Published on Sep 17, 2021 08:49 PM IST
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By | Written by Poulomi Ghosh

Swiggy looks to expand basket with Dunzo buy

  • If the deal goes through, it will help Swiggy expand its delivery basket to offer non-food services and help it compete with rival Zomato, which recently listed on the bourses at a valuation of around $13 billion.
Dunzo founder Kabeer Biswas said that his company does not respond to hearsay and that his focus continues to be on the fast growth of the business.(MINT_PRINT)
Dunzo founder Kabeer Biswas said that his company does not respond to hearsay and that his focus continues to be on the fast growth of the business.(MINT_PRINT)
Published on Sep 01, 2021 07:28 AM IST
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ByRanjani Raghavan, Tarush Bhalla, Bengaluru

Swiggy starts Twitter thread of ‘unsaid sibling rules’. What will you add?

  • “The younger sibling will always bring water for the elder one no matter what,” wrote a Twitter user.
The image shows the tweet by Swiggy.(Unsplash/Twitter)
The image shows the tweet by Swiggy.(Unsplash/Twitter)
Published on Aug 19, 2021 06:25 PM IST
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BySrimoyee Chowdhury

Swiggy raises $1.25 billion from SoftBank, Prosus

The fundraising announced on Tuesday valued Swiggy at $5.5 billion, an increase of more than 50% from the $3.6 billion it was valued in April last year, a person familiar with the development said, requesting anonymity.
Swiggy’s chief rival Zomato saw its <span class='webrupee'>₹</span>9,375 crore IPO subscribed around 40 times, indicating investor enthusiasm to back the money-losing food delivery startup.(File photo)
Swiggy’s chief rival Zomato saw its 9,375 crore IPO subscribed around 40 times, indicating investor enthusiasm to back the money-losing food delivery startup.(File photo)
Published on Jul 21, 2021 06:34 AM IST
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ByTarush Bhalla, Bengaluru

Swiggy’s ‘growing up is realising that’ tweet is getting amazing replies

Swiggy shared a tweet on their handle asking people to complete a sentence about growing up.
Swiggy asked people to complete this sentence - “Growing up is realising that _____”
Swiggy asked people to complete this sentence - “Growing up is realising that _____”
Published on Jul 13, 2021 04:19 PM IST
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Swiggy’s ‘you can't make everyone happy’ tweet gets wonderful replies

Swiggy's tweet has collected several reactions from tweeple.
Swiggy's tweet has collected many responses from rajma chawal to biryani and many more.
Swiggy's tweet has collected many responses from rajma chawal to biryani and many more.
Published on Jun 25, 2021 06:08 PM IST
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Nivetha Pethuraj complains to Swiggy after finding cockroach in her meal, twice

  • Nivetha Pethuraj took to Instagram to share complaints about finding cockroach in her food. She tagged Swiggy in her posts and said other were also sharing complaints about the same restaurant.
Nivetha Pethuraj has complained to Swiggy about her food.
Nivetha Pethuraj has complained to Swiggy about her food.
Updated on Jun 24, 2021 03:23 PM IST
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Swiggy to cover vaccination cost for over 2 lakh delivery partners in India

  • By the end of the programme, Swiggy hopes to encourage 2,00,000 plus delivery partners with the choice to get vaccinated as they continue to provide an essential service.
FDA has targeted online food aggregators like Zomato, UberEats, Swiggy and Foodpanda. The new guidelines are part of the drive under which FDA is keeping a close watch on the online food operators to ensure hygiene and safety of the food.(HT/PHOTO)
FDA has targeted online food aggregators like Zomato, UberEats, Swiggy and Foodpanda. The new guidelines are part of the drive under which FDA is keeping a close watch on the online food operators to ensure hygiene and safety of the food.(HT/PHOTO)
Published on Mar 24, 2021 05:07 PM IST
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PTI | , New Delhi

CAIT alleges Amazon, Flipkart, Zomato and Swiggy of flouting rules

CAIT Secretary General alleged that similar obligations were imposed on e-commerce food business operators.
Rule 10 of Legal Metrology (Packaged Commodities) Rules, 2011, provides that e-commerce entities have to display details of the manufacturer.(Reuters)
Rule 10 of Legal Metrology (Packaged Commodities) Rules, 2011, provides that e-commerce entities have to display details of the manufacturer.(Reuters)
Published on Jan 25, 2021 06:19 PM IST
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PTI | , New Delhi

Income tax department searches offices of Flipkart unit, Swiggy on alleged tax-evasion charges

The searches began on Wednesday at Swiggy and Instakart’s offices in the southern city of Bengaluru, the sources said.
The search at the office of Instakart, e-commerce giant Flipkart’s logistics arm, concluded late on Thursday, one of the sources said.(REUTERS)
The search at the office of Instakart, e-commerce giant Flipkart’s logistics arm, concluded late on Thursday, one of the sources said.(REUTERS)
Published on Jan 08, 2021 01:54 PM IST
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Bengaluru | ByReuters | Posted by Arpan Rai

Flipkart, Swiggy face tax survey

The tax department is also questioning some employees of Swiggy for suspected tax evasion by one of its vendors.
The tax department is also questioning some employees of Swiggy for suspected tax evasion by one of its vendors.(REUTERS)
The tax department is also questioning some employees of Swiggy for suspected tax evasion by one of its vendors.(REUTERS)
Updated on Jan 08, 2021 12:00 AM IST
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Hindustan Times, Bengaluru/New Delhi | ByTarush Bhalla and Gireesh Chandra Prasad

Why Flipkart, Swiggy are under IT scanner. All you need to know

The Directorate General of GST Intelligence has reported some GST invasion in both their accounts. Both the companies have issued statement saying they have complied with all tax and legal mandates.
Flipkart said it believes it is in full compliance with all applicable tax and legal requirements.(REUTERS)
Flipkart said it believes it is in full compliance with all applicable tax and legal requirements.(REUTERS)
Updated on Jan 07, 2021 11:05 PM IST
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Hindustan Times, New Delhi | Byhindustantimes.com | Edited by Poulomi Ghosh

Swiggy says Indians ordered a plate of this dish ‘per second’ in 2020

The food delivery platform recently released their ‘Swiggy StatEATstics 2020: The World from Home (WFH) edition’ list.
Swiggy also shared which desserts people ordered most (representational image).(Instagram/@swiggyindia)
Swiggy also shared which desserts people ordered most (representational image).(Instagram/@swiggyindia)
Updated on Dec 23, 2020 06:52 PM IST
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Hindustan Times, New Delhi | ByTrisha Sengupta

Swiggy to onboard nearly 30,000 street food vendors under PM SVANidhi scheme

The expansion comes on the heels of a successful pilot launched by the delivery service in collaboration with the Ministry of Housing & Urban Affairs in the cities of Ahmedabad, Varanasi, Chennai, Delhi and Indore, where 300 street vendors were onboarded
Representational Image.(Getty Images/iStockphoto)
Representational Image.(Getty Images/iStockphoto)
Updated on Dec 10, 2020 02:30 PM IST
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Hindustan Times, New Delhi | ByHT Correspondent | Edited by Smriti Sinha

Swiggy gives the periodic table a tasty twist. What do you think about it?

“Periodic table of snacks,” reads the caption on the image shared by Swiggy India.
What do you think of this periodic table of snacks?(Instagram/@swiggyindia)
What do you think of this periodic table of snacks?(Instagram/@swiggyindia)
Published on Oct 19, 2020 06:01 PM IST
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Hindustan Times, New Delhi | ByAmrita Kohli

Swiggy’s ‘work from home versus work from office’ post is highly relatable. Seen it yet?

“On point!” read one comment under the Instagram post.
This post was shared on September 11.(Instagram/@swiggyindia)
This post was shared on September 11.(Instagram/@swiggyindia)
Published on Sep 11, 2020 08:52 PM IST
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Hindustan Times, New Delhi | BySanya Budhiraja

E-commerce firms begin buying Covid insurance cover for delivery workforce

E-commerce firms Flipkart, Amazon, Zomato, Swiggy and BigBasket are among firms working to instil confidence in workers who are critical for their operations.
A delivery worker of Zomato, an Indian food-delivery startup, waits to collect an order from a restaurant, during an extended nationwide lockdown to slow the spread of the coronavirus disease (Covid-19), in New Delhi.(MAR)
A delivery worker of Zomato, an Indian food-delivery startup, waits to collect an order from a restaurant, during an extended nationwide lockdown to slow the spread of the coronavirus disease (Covid-19), in New Delhi.(MAR)
Published on Jul 20, 2020 05:47 AM IST
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Livemint, New Delhi | ByAnirudh Laskar

Pepsi joins NRAI, Swiggy initiative to provide 25 lakh meals to workers in distress

As part of the initiative, whenever any consumer adds any soft drink to a meal order on Swiggy from June 25 to July 19, Pepsi will contribute part of the proceeds in respect of each soft drink ordered to the NRAI Covid-19 Relief Corpus.
The raised by throught the initiative fund will be used to provide meals (dry ration) to restaurant workers who are suffering due to the current challenging times, said Pepsi.(@AmitHPanchal/Twitter Photo)
The raised by throught the initiative fund will be used to provide meals (dry ration) to restaurant workers who are suffering due to the current challenging times, said Pepsi.(@AmitHPanchal/Twitter Photo)
Updated on Jun 25, 2020 02:50 PM IST
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New Delhi | ByAsian News International | Posted by Kanishka Sarkar

Swiggy begins home delivery of alcohol, starts from Ranchi

The service has gone live in Ranchi and will be launched in other major cities in Jharkhand within a week, Swiggy said in a statement.
To ensure safe delivery of alcohol in compliance with applicable laws, Swiggy has introduced measures such as mandatory age verification and user authentication to complete deliveries pic by Hemant Mishra/mint
To ensure safe delivery of alcohol in compliance with applicable laws, Swiggy has introduced measures such as mandatory age verification and user authentication to complete deliveries pic by Hemant Mishra/mint
Updated on May 21, 2020 02:53 PM IST
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New Delhi | ByPress Trust of India| Posted by Susmita Pakrasi

Swiggy to cut 1,100 jobs, shut cloud kitchen ops: Full text of company’s statement

Swiggy co-founder and chief executive Sriharsha Majety said in an internal email, it core food business had been “severely impacted”.
Amid coronavirus pandemic, the company will layoff nearly 14% of its workforce over the next few days.
Amid coronavirus pandemic, the company will layoff nearly 14% of its workforce over the next few days.
Updated on May 18, 2020 03:11 PM IST
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New Delhi, Delhi, India | Byhindustantimes.com | Edited by Meenakshi Ray

Swiggy to lay off 1,100 employees amid coronavirus crisis

Sriharsha Majety, co founder and CEO of Swiggy said that the company will scale down or shut down adjacent businesses that are either going to be highly volatile or will not be highly relevant for the next 18 months.
The move by Swiggy came days after restaurant aggregator Zomato said it will lay off around 13% of its workforce.(Sunil Ghosh/HT file photo)
The move by Swiggy came days after restaurant aggregator Zomato said it will lay off around 13% of its workforce.(Sunil Ghosh/HT file photo)
Updated on May 18, 2020 01:35 PM IST
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Hindustan Times, Noida | Byhindustantimes.com| Edited by: Meenakshi Ray
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Wednesday, January 26, 2022