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Indians get hooked on 10-minute grocery apps, squeezing small retailers
Reuters via Yahoo Singapore Finance· 1 month agoIn a middle-class suburb of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse race...
Zomato shares plunge after Invesco cut rival Swiggy's valuation
TechCrunch via Yahoo News Singapore· 1 year agoShares of Indian food delivery firm Zomato ended session on Tuesday at a decline of 6%, hours after...
US investors slash Byju's and Swiggy valuation
TechCrunch via Yahoo News Singapore· 1 year agoBlackRock has cut the valuation of Byju’s, which is India’s most valuable startup at $22 billion, by nearly half to $11.5 billion, according to filings...
Daily Crunch: In its second markdown in 4 months, Invesco slashes Swiggy's valuation to $5.5B
TechCrunch via Yahoo News Singapore· 1 year agoHaje is off today, so it’s just me and you going through the day’s biggest stories. Price cut in...
Indian foodtechs Zomato, Swiggy get notice for $90 million in unpaid taxes -CNBC TV18
Reuters via Yahoo News Singapore· 8 months agoBENGALURU (Reuters) - India's top organization for indirect taxes has issued notices on unpaid taxes...
Indian food delivery giant Swiggy acquires LYNK in retail distribution push
TechCrunch via Yahoo News Singapore· 1 year agoSwiggy has entered into a definitive agreement to acquire LYNK, a retail logistics startup with a...
Invesco raises Swiggy's valuation to nearly $8 billion
TechCrunch via Yahoo News Singapore· 9 months agoConditions appear to be shifting favorably for India's Swiggy. The food delivery startup -- backed...
India's Swiggy records $200 million loss, document shows, as it plans IPO
Reuters via Yahoo News Singapore· 4 months agoIndian food delivery giant Swiggy recorded a $200 million loss for the nine months to December 2023,...
Invesco cuts Swiggy valuation by half to $5.5 billion
TechCrunch via Yahoo News Singapore· 1 year agoInvesco, which led Swiggy's previous round, has marked down the Indian food delivery giant's...
Indian food delivery firm Swiggy gets shareholder nod for $1.25 billion listing, filings show
Reuters via Yahoo News Singapore· 3 months agoIndian food and grocery delivery startup Swiggy has received approval from its shareholders for a...