Swiggy News

Swiggy Sees 35% Revenue Surge Amidst Expanding Losses: A Deep Dive into Its Financial Health

Swiggy reports a 35% increase in revenue but faces widening losses due to heavy investments in its quick-commerce vertical, Instamart. Despite this, its food delivery business show...

Swiggy's Q4 Losses Double to Rs 1,081 Crore as Quick Commerce Investments Soar

Swiggy reports a sharp rise in Q4 losses to Rs 1,081 crore, driven by heavy investments in quick commerce. Despite a 45% increase in revenue, expenses surged, reflecting aggressive...

Swiggy Challenges Zepto with Maxxsaver: A New Era of Value in Quick Commerce

Swiggy Instamart launches Maxxsaver to compete with Zepto's Super-Saver, signaling a shift towards bulk grocery orders in quick commerce. The feature offers automatic savings, aimi...

Swiggy Faces Hefty Rs 158 Crore Tax Demand: A Deep Dive into the Controversy

Swiggy, a leading food and grocery delivery platform, has been issued a tax demand of over Rs 158 crore for the 2021-2022 fiscal year, citing alleged contraventions. The company pl...

Swiggy Faces Rs 158 Crore Tax Challenge: A Deep Dive into the Legal Battle Ahead

Swiggy, the Bengaluru-based food delivery giant, is set to challenge a Rs 158.26 crore tax order from the Income Tax Department, citing strong legal grounds. This comes amid height...

Top Stock Picks for January 17: Brokerages Eye Swiggy, Zomato, and More for Big Gains

Brokerages highlight Swiggy, Zomato, HDFC Life, L&T Technology Services, Mahanagar Gas, and PVR Inox as top stock picks for January 17, citing strategic growth, financial health, a...

Swiggy Shares Drop 5% as Lock-in Period Ends and Profit Booking Begins

Swiggy shares dropped 5% as the one-month lock-in period for anchor investors expired, leading to profit booking. The stock fell to Rs 515.95 on the BSE and Rs 516.50 on the NSE, r...

Swiggy Aims for Operational Profitability by December 2025

Swiggy, India's leading food delivery and quick commerce platform, aims to achieve operational profitability by December 2025. The company's net losses have narrowed, and revenue f...