Exclusive: Zomato on course for $1 billion IPO without investor exits
The Zomato IPO—slated for later this year—is expected to raise $750 million to $1 billion through a 100% primary offering, keeping in mind the long-term upshot that the investors expect from the stock.
Restaurants are looking beyond Swiggy, Zomato for food delivery
Premium restaurants—from Masala Library to Mamagoto—are tying up with hyperlo...
ETtech Morning Dispatch on Feb 12, 2021: Swiggy’s war chest against Zomato, Crypto under threat in India
Swiggy is in talks to close a $700-8...
Swiggy in talks to close $700-800 million funding round
Swiggy's latest funding round, if successful, would peg the foodtech startup's post-money valuation at around $5 billion. Rival Zomato, meanwhile, has restructured its capital base ahead of a potential IPO.
CAIT alleges Amazon, Flipkart, Zomato and Swiggy of flouting rules
CAIT Secretary General Praveen Khandelwal said that Rule 10 of Legal Metrology (Packaged Commodities) Rules, 2011, provides that e-commerce entities have to display details of the manufacturer, 'country of origin' and common/generic name of the product, MRP, and dimensions of the commodity, among others.
Swiggy stops grocery marketplace
The Bengaluru-headquartered company plans to replace the grocery marketplace with 'Instamart'.
Swiggy, Instakart under tax lens over fake GST claims
Companies deny charges of generating bogus invoices via fictitious firms.
Income Tax Department surveys offices of Swiggy and Flipkart unit
The I-T Department is conducting a survey at Flipkart Group company Instakart and Swiggy in connection with an alleged bogus input tax credit taken by an external vendor.
Jan Sevak, the Swiggy of citizen services to start on January 15 in Bengaluru
The government will offer the services at Dasarahalli, Mahadevapura, Bommanahalli, Yeshvantpur, Rajajinagar and Bengaluru South.
Amazon, Swiggy's payment processor hit by data breach
Payment services provider Juspay, which processes transactions for online giants like Amazon, Swiggy and other companies, on Monday admitted to a data breach that took place in August 2020.
Swiggy, Zomato record highest ever orders for New Year's Eve dinner
The surge in online food ordering for new year's eve dinner bolstered hotels and restaurants, which otherwise saw a slump in dine-ins due to covid-related curfews in many large states.
New Year's eve was equivalent to Super Bowl for Swiggy: Vivek Sunder
Orders for Swiggy on New Year's eve crossed 5,500 per minute according t...
Swiggy boss on what India ate in 2020
Vivek Sunder, COO, Swiggy talks to Nayantara Rai of ETNow.Swiggy boss on what India ate in 2020
Swiggy gives Twitterati much to chew on
Rival Zomato had also earned the ire of social media users after it took note of actor Swara Bhasker's demand to stop advertising on a Hindi news channel earlier this month.
Google notice to Swiggy, Zomato for ‘violation’ of Play Store rules
For both the food delivery companies, major cricketing event IPL has been touted as the best time to garner a larger share of consumer minds as well as wallets, and gamification features were a part of increasing engagement on the app.