Swiggy and Zomato

Swiggy Raises INR 5,085 Crore from Anchor Investors

INR 5,085 Crore is Raised by Swiggy from Anchor Investors

More than 75 anchor investors have contributed about INR 5,085 crore (about $600 million) to Swiggy, one of the top food and grocery delivery services in India. The Bengaluru-based business, which rivals Zomato, which is run by Deepinder Goyal, revealed the investment in a stock exchange filing on 5

Swiggy and Zomato Increase Platform Fees

Before Diwali Celebrations, Swiggy and Zomato have Raised Their Platform Fees to INR 10

According to various reports, food delivery firm Zomato raised its platform charge by almost 43% before Diwali celebrations, from INR 7 to INR 10 per order, in order to "keep Zomato running" and preserve services during the holiday season. Similarly another media report cited that Swiggy, another major