Swiggy Board Clears Rs 10,000 Cr Fundraising Plan
Swiggy to raise up to ₹10,000 crore through public or private offerings as competition intensifies in food delivery and q-commerce.
Swiggy to raise up to ₹10,000 crore through public or private offerings as competition intensifies in food delivery and q-commerce.
Travellers booking train tickets on MakeMyTrip app can now order food from over 40,000 restaurant partners, which are listed on Zomato, at over 130 stations
Nomura notes that the inventory-led model is expected to aid margin expansion for quick commerce
The reports note that the move is likely to reduce the earnings of delivery workers in the immediate term
Reports note that the hike has been implemented in certain geographies where the company is experiencing rising demand
The reports note that the move follows Swiggy’s recent fee hike, where the company increased its platform fee to Rs 14 in select pincodes
Deepinder Goyal has urged India to embrace its potential and become an unapologetic superpower
The stock jumps 8 per cent amid positive management commentary; Blinkit surpasses Zomato in revenue as quick commerce leads growth
The reports state that Rapido is likely to charge commissions in the range of 8 to 15 per cent
The media reports state that the company is levying a Rs 15 per order charge on deliveries within a four-to-six km radius for orders valued over Rs 150