The National Restaurant Association of India (NRAI) has chosen to speak with Zomato this month after a flurry of restaurant complaints regarding the food tech giant's recently implemented long-distance service charge. According to various media reports, the restaurant industry association had preliminary talks with Deepinder Goyal, the CEO
The popular food and grocery delivery service Swiggy is closing Minis, an online shopfront for creators and small businesses, in order to concentrate more on its key pillars of rapid commerce and food delivery while closing non-core enterprises. According to information obtained by a media outlet, the corporation has informed
National, 01 July, 2025: Swiggy Limited (NSE: SWIGGY/BSE: 544285), India’s leading on-demand convenience platform, today announced the launch of affordable range of offerings on its app- the “99 Store,”- aimed at making everyday meals more affordable and accessible. Swiggy has led from the front with this disruptive
For its delivery partners in Delhi-NCR, Zomato is testing a fleet of electric vehicle (EV) bikes for rent. The foodtech giant is renting out two-wheeler EVs to its delivery partners as part of the green initiative. The business stated in a statement that, depending on partner uptake, it will extend
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People's eating habits have changed significantly, specifically because of the lockdown. People become more familiar with ordering food online from the convenience of their homes. Two players, Zomato and Swiggy, dominate the Indian food delivery industry. Food delivery businesses got paced during the lockdown period. According to the
Zomato, a key player in the foodtech industry, has allegedly begun collecting a new "long-distance service fee" for orders that are delivered more than four kilometres. The company would now charge its clients INR 15 for deliveries within a 4- to 6-kilometre radius if the order value exceeds
To further strengthen its food delivery business, listed foodtech firm Swiggy has established a corporate rewards programme, just days after unveiling a new initiative to attract students. The CEO of Swiggy's food marketplace segment, Rohit Kapoor, stated in a LinkedIn post that the new programme will provide corporate
In order to secure exclusive licenses for its digital-first food brands, such as The Bowl Company (TBC), Homely, Soul Rasa, and Istah, foodtech giant Swiggy has partnered with Bengaluru-based Kouzina Food Tech. As part of this agreement, Kouzina will use its asset-light, cloud kitchen approach to oversee all facets of
Swiggy Genie, its citywide delivery service, has been suspended. In the majority of places, the Swiggy app does not display the service, which was operational in about 70 Indian towns. A notice stating that the Swiggy Genie service is "temporarily unavailable" appears at a few spots where it
Within seven months of its start, foodtech giant Swiggy has now brought its 10-minute meal delivery service, Bolt, to more than 500 Indian cities. The service, which was previously available in six top-tier cities, has now spread to tier II and III cities. "Powered by a network of over
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Swiggy started as a simple service that was just delivering food and has now evolved into a platform that delivers not only food but groceries, essentials, and everything else with a few taps on your phone. Even amidst stiff competition with its largest rival, Zomato, Swiggy has climbed to the
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The business of restaurants and cafes has taken on a new form thanks to the online meal delivery service. Customers now have access to an enormous array of options in addition to improved connections to regional and global food chains thanks to this system. At the moment, Swiggy and Zomato
The HC made the ruling after a hearing on a petition submitted by the non-governmental organisation Mission Accessibility. Justice Sachin Datta gave the Ministry of Electronics and Information Technology (MeitY) and both platforms four weeks to reply.
Rakesh Ranjan will undoubtedly stay with the company and not be leaving. According to the report, this was a component of the company's biannual leadership reorganisation.
According to reports, the HC made the rulings at a hearing on a plea against the National Restaurant Association of India's (NRAI) exclusion from the confidential ring during the investigation.
The Nomination and Remuneration Committee authorised the distribution of 12,896,462 equity shares under the Swiggy Employee Stock Option Plan 2024 to its qualified workers, according to the company's regulatory filing dated April 21.
Customers will be able to connect with verified professionals through the app, such as financial advisers, astrologers and spiritual experts, event planners and entertainers, travel and leisure specialists, education and skill trainers, and health and wellness specialists.
According to Swiggy's exchange filing, the company is accused of improperly taking deductions for "cancellation charges paid to merchants".
In the third quarter of the current fiscal year (Q3 FY25), Swiggy Instamart's margins were negatively impacted by the growing rivalry in the rapid commerce market, as the company increased its investments to keep the competition at bay. The contribution margin for Swiggy Instamart decreased from -1.9%
2.61 Cr equity shares have been distributed by listed foodtech giant Swiggy through its different employee stock option (ESOP) plans. Swiggy announced in an exchange filing on January 25 that the nominating and compensation committee had authorised the distribution of 2,61,93,411 equity shares of the firm
The corporate affairs ministry (MCA) has given foodtech giant Swiggy permission to incorporate Swiggy Sports Private Limited, its sports division. The company stated in an exchange filing on January 16 that the newly incorporated entity's primary goals will be to engage in sports team ownership, management, talent development,
The National Restaurant Association of India (NRAI) is expected to petition the Competition Commission of India (CCI) for intervention about the launch of the 10-minute meal delivery standalone apps, Bistro and Snacc, adding to the problems caused by Zomato and Swiggy's anti-competitive conduct. According to a media story
Group CEO and co-founder Sriharsha Majety told a media outlet that Swiggy, a food and grocery delivery service, plans to release its rapid commerce offering, Instamart, as a stand-alone app as part of its multi-app strategy in response to changing consumer preferences. Instamart will undoubtedly be available on the main
In an attempt to cut down on food waste throughout its value chain, listed foodtech giant Swiggy has started a new campaign called "Swiggy Serves." In an effort to combat hunger nationwide, Swiggy intends to redistribute excess food from its restaurant partners to underprivileged areas, the firm announced