News

This decision comes as Swiggy navigates a period of increased marketing investments and a focus on profitability across its ...
As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...
Swiggy said Thursday that it was "actively re-evaluating" its investment in urban mobility startup Rapido, which is planning ...
According to a report from Crisil, which dealt with the subject of IPO fund utilization of Swiggy, out of the ₹4499 crore ...
Swiggy on July 31 commented on Rapido's potential entry into the food delivery business. Notably, Swiggy owns a minority ...
Swiggy’s planned exit from Rapido is being seen as a strategic reset to avoid future conflict of interest, as Rapido enters food delivery. Analysts view it as a smart move that sharpens Swiggy’s focus ...
Swiggy led a $180-million investment in Rapido in April 2022 for a nearly 12% stake, making it the single-largest cheque in a ...
Swiggy's move comes at a time when its cash reserves are depleting and its losses are widening in an increasingly competitive ...
Swiggy reports widening net losses in Q1 FY26, with focus on long-term profitability and growth across verticals.
Food and grocery delivery firm Swiggy is battling widening losses, reporting a near 96% YoY increase in net loss to ₹1,197 ...