An online food ordering and delivery platform, Swiggy has been in operation since 2014. Based out of Bengaluru, it has its services in over 100 Indian cities. Standing on revenue of Rs. 875 crore, the company is India's largest and most valuable entity in its line of trade. In recent times, due to the COVID-19 outbreak, it has been in the news numerous times. Owing to a 70% drop in food order volume, Swiggy took a decision to chuck 1100 employees in May. However, it said that these laid-off workers will get at least three months of salary, irrespective of their tenure or notice period. Swiggy also forayed into alcohol delivery in Jharkhand, Odisha and West Bengal, along with its competitor, Zomato.
19 Nov 2020
Why is Zomato getting trolled after Swara Bhasker's tweet
Food delivery giant Zomato has landed into a controversy after actress Swara Bhasker asked the company to pull down its ads from Arnab Goswami's news channel Republic TV.
01 Oct 2020
NewsBytes Briefing: Google launches new Pixel phones, and more
Last night, Google held its Launch night event and showcased a bunch of new devices, including 5G-capable Pixel 5 and Pixel 4a, a new Chromecast dongle with mic-integrated remote, and redesigned, more powerful Nest Audio speakers.
10 Sep 2020
Zomato raises Rs. 760 crore from Tiger Global: Details here
In a major step forward, Zomato has raised Rs. 760 crore ($102 million) in funding from US-based investment firm Tiger Global Management.
21 Jul 2020
LinkedIn lays off 960 employees, due to COVID-19 pandemic
Microsoft-owned professional network LinkedIn has announced that it will be laying off about 960 employees, or 6% of its workforce, around the world.
30 Jun 2020
Swiggy launches its own digital wallet: How to use it?
As restaurants continue to suffer from the impact of COVID-19, food-tech unicorn Swiggy is moving to get things back to normal as soon as possible.
08 Jun 2020
Scootsy, Swiggy's premium food delivery service is shutting down
As part of an effort to cut down costs and focus solely on growth points, Swiggy is shutting down Scootsy, its premium food delivery service in Mumbai.
04 Jun 2020
Swiggy, Zomato cleared to test long-range 'delivery drones': DGCA
Soon, you may see unmanned aerial vehicles (UAV) flying in with your food orders.
28 May 2020
BookMyShow downsizes due to COVID-19, affecting 270 employees
In another big blow stemming from the outbreak of COVID-19, BookMyShow has laid off and furloughed over 18% of its workforce.
21 May 2020
Now, Amazon will deliver food to your home: Details here
Amazon is now venturing into the food delivery vertical.
21 May 2020
Swiggy, Zomato launch alcohol delivery in Jharkhand: Details here
Zomato and Swiggy have finally started home delivery of alcohol.
20 May 2020
Ola lays off 1,400 employees due to COVID-19 pandemic
Following the footsteps of Uber, Zomato, and Swiggy, ride-hailing giant Ola has also announced the plan to conduct a mass lay-off, affecting around 1,400 of its employees.
18 May 2020
Amid COVID-19, Swiggy lays off 1,100 employees
The economic fallout of COVID-19 continues to hit salaried employees, in a way no one could have imagined a few months ago.
14 Apr 2020
After UberEats, Zomato is eyeing to buy Grofers
A few months after acquiring UberEats, Zomato is looking to buy popular e-grocery start-up Grofers.
08 Apr 2020
Amid lockdown, Zomato launches grocery delivery across 80 Indian cities
As 1.3 billion Indians struggle to move freely and access daily essentials under the 21-day lockdown enforced by the Narendra Modi government, Zomato is rising to the occasion.
21 Jan 2020
Zomato just bought UberEats in India: Details here
As previously expected, restaurant discovery and food delivery giant Zomato has purchased the food delivery business of Uber, aka UberEats, in India.
11 Jan 2020
Zomato raises $150 million from Ant Financial: Details here
Gurugram-based food-tech unicorn Zomato has raised $150 million in a corporate round of funding led by existing investor Ant Financial.
28 Dec 2019
Swiggy launches its own digital wallet, with limited capabilities
In a major move, food-tech giant Swiggy has launched its own digital wallet - Swiggy Money.
16 Dec 2019
Zomato may buy UberEats's India business
The India business of UberEats, the food delivery service operated by ride-hailing giant Uber, is likely to be sold to Zomato, its arch-rival in the country.
01 Sep 2019
Amid stand-off, Zomato to now launch Gold for delivery services
The stand-off between the National Restaurant Association of India (NRAI) and food-tech giants over high discounts at restaurants through passes like Zomato Gold appears to be resolving.
15 Jul 2019
Five famous and successful alumni of IIM-Calcutta to know about
The Indian Institutes of Management (IIMs) are the most sought-after business schools in the country that provide quality management education.
25 Feb 2019
Hyderabad restaurant served over 70L biryanis in 2017, enters Limca-records
When it comes to eating authentic Hyderabadi biryani, Paradise restaurant is people's top choice.
20 Feb 2019
Chennai-man orders from Swiggy, delivery guy 'brings' food from Rajasthan
Food delivery companies have always been under immense pressure to deliver quality food in minimum time.
12 Feb 2019
Customer finds blood stained band-aid in food, Swiggy left red-faced
In a disturbing incident, a man in Chennai found a blood-stained band-aid in the food item that he ordered through food delivery giant Swiggy.
28 Dec 2018
OYO offers to buy Rs. 50cr shares from current, ex-employees
OYO Rooms, India's second-most valuable startup, has offered to buy back shares from current and former employees to the tune of Rs. 40-50cr.
20 Dec 2018
Swiggy raises $1bn in its largest funding round yet
Months after entering India's unicorn club, food delivery platform Swiggy has raised a whopping $1bn in fresh capital from existing and new investors.
01 Aug 2018
Swiggy launches paid subscription program to compete with Zomato
On Tuesday, Swiggy, one of India's largest online food delivery platforms, announced the launch of its paid subscription program called Swiggy Super, initially to be rolled out to "limited users" in seven Indian cities.
11 Jul 2018
8 helpful smartphone apps you should teach your parents about
Smartphones have made our lives extremely easy thanks to a number of apps that enable us to do almost everything with a few taps.
22 Jun 2018
After Swiggy raises $210mn, Zomato looks to raise $400mn
Competition in India's fast-growing food delivery market is intensifying.
07 Jun 2018
7 start-ups that are currently hiring in Bengaluru
The tech capital of India, Bengaluru, is home to some of India's best companies to work for.
30 May 2018
Business Roundup: Here are today's top 5 business news
Today the business space remained rocked up with a lot of happenings.
27 Apr 2018
Swiggy to start delivering medicines, groceries to boost company volume
Bengaluru-based food delivery start-up Swiggy is reportedly planning to enter the hyperlocal segment starting with medicine and grocery deliveries.
08 Feb 2018
Swiggy raises Rs. 642cr in its biggest funding round
Bengaluru-based food delivery start-up Swiggy has raised $100mn (a little over Rs. 642.5 crore) in a Series F funding round led by South African media conglomerate Naspers joined by Chinese e-commerce platform Meituan-Dianping.
06 Nov 2017
Food-delivery space: Next big battleground for Indian e-commerce leaders?
E-commerce giants, Amazon India, Flipkart, and Paytm, are reportedly looking to foray into the food-delivery business and are trying to acquire, invest, or expand into the sector.