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Indians get hooked on 10-minute grocery apps, squeezing small retailers
Reuters via Yahoo Singapore Finance· 4 weeks 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...
Indian food delivery firm Swiggy gets shareholder nod for $1.25 billion listing, filings show
Reuters via Yahoo News Singapore· 2 months agoIndian food and grocery delivery startup Swiggy has received approval from its shareholders for a...
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 Singapore Finance· 7 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· 12 months 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· 3 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...