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254K subscribers
Moneycontrol
Swiggy in numbers 📊
⚡️ 20 million monthly active users
⚡️1.5 million orders per day
⚡️ Take a look at the company's revenue growth 👇

Read | moneycontrol.com/news/business/a-swiggy-ipo-could-deliver-good-returns-softbanks-masayoshi-son-says-7309061.html

#Swiggy #fooddelivery
11.0K views
Moneycontrol
A restaurant owner in Greater Noida was killed following a verbal spat with miscreants.

#Swiggy, in a statement, condoled the demise of Agrawal & reiterated that its delivery agent was not involved in the murder. Read more: https://www.moneycontrol.com/news/india/restaurant-owner-killed-in-delhi-by-miscreants-following-verbal-spat-police-nab-accused-7415931.html?utm_source=telegram&utm_medium=social
Moneycontrol
Restaurant Owner Killed In Greater Noida By Miscreants Following Verbal Spat, Police Nab Accused
The deceased, identified as Sunil Agrawal, was murdered on August 31 outside his restaurant in Greater Noida.
7.5K views
Moneycontrol
At its upcoming meeting today, the GST Council is expected to discuss a proposal to treat #Swiggy and #Zomato as aggregators and levy a tax of 5%.

Read at 👇
https://www.moneycontrol.com/news/business/startup/swiggy-zomato-may-take-a-hit-if-gst-council-approves-proposal-to-levy-tax-on-deliveries-7476451.html?utm_source=telegram&utm_medium=social
Moneycontrol
Swiggy, Zomato May Take A Hit If GST Council Approves Proposal To Levy Tax On Deliveries
The GST Council is meeting on September 17 and is expected to take up a proposal that could make ordering from food delivery platforms expensive for customers.
5.4K views
Moneycontrol
#IndiaVsPak: Brands such as Zomato and #Swiggy share their post-match blues 👇

Read: https://www.moneycontrol.com/news/trends/t20-world-cup-2021-india-vs-pakistan-unavailable-for-next-week-zomato-swiggy-beat-post-match-blues-7621871.html?utm_source=telegram&utm_medium=social
Moneycontrol
T20 World Cup 2021 India Vs Pakistan - 'Unavailable For Next Week': Zomato, Swiggy Beat Post-match Blues
T20 World Cup 2021 India vs Pakistan: Social media was flooded with messages of heartbreak as well as posts with moments from the thrilling match.
6.0K views
Moneycontrol
Although he clarified that the order amount was refunded by #Swiggy shortly, Bengali actor Prosenjit Chatterjee felt it important to inform the PM and the Bengal CM about the incident so that no other customer has to face the same issue.

Read at:
https://www.moneycontrol.com/news/trends/bengali-actor-prosenjit-trolled-for-complaining-about-swiggy-service-to-pm-modi-mamata-banerjee-7685561.html?utm_source=telegram&utm_medium=social
Moneycontrol
Bengali Actor Prosenjit Trolled For Complaining About Swiggy Service To PM Modi, Mamata Banerjee
Although he clarified that the order amount was refunded by Swiggy shortly, Bengali actor Prosenjit Chatterjee felt it important to inform the prime minister and the Bengal chief minister about the incident so that no other customer has to face the same issue.
9.6K views
Moneycontrol
#MCExclusive ⚡️ Elevation Capital, an early investor in #Swiggy, #Paytm and #Meesho, is said to be in talks to raise $600 million, reports Sriram Mani.

Read more at 👇
https://www.moneycontrol.com/news/business/startup/exclusive-swiggy-meesho-backer-elevation-capital-eyes-600-million-fund-7782401.html?utm_source=telegram&utm_medium=social
Moneycontrol
Exclusive: Swiggy, Meesho Backer Elevation Capital Eyes $600 Million Fund
Having minted 6 unicorns in its portfolio in 2021 alone, Elevation Capital (earlier SAIF Partners) is raising its largest ever fund. Analysing its 2021 strategy shows it has been more aggressive than ever before.
6.3K views
Moneycontrol
#StartUpWithMC | Online food delivery firm @swiggy_in will invest $700 mil in its express grocery delivery business #Instamart to grow it at even faster rates.

Chandra R Srikanth & Priyanka Sahay report at
https://www.moneycontrol.com/news/business/startup/swiggy-to-invest-700-million-in-instamart-clocks-one-million-weekly-grocery-orders-7782941.html

#BigBasket #Grofers #Instamart #Swiggy
Moneycontrol
Swiggy To Invest $700 Million In Instamart, Clocks One Million Weekly Grocery Orders
Swiggy's move to commit a huge investment to Instamart comes at a time when there is heightened competition in the so-called quick commerce space in India- where startups are promising delivery of essentials in under an hour.
5.3K views
Moneycontrol
Supreme Court has issued notice to all parties including the various ministries of the central govt as well as ANI Technologies of #Ola, #Uber, Bundl Technologies running food-delivery platform #Swiggy, and #Zomato.

Read:
https://www.moneycontrol.com/news/trends/legal-trends/supreme-court-agrees-to-examine-if-aggregator-apps-are-violating-gig-workers-fundamental-rights-7819741.html?utm_source=telegram&utm_medium=social
Moneycontrol
Supreme Court agrees to examine if aggregator apps are violating gig workers’ fundamental rights
The plea highlights that gig-workers are given employee rights in several foreign jurisdictions.
5.6K views
Moneycontrol
When Swiggy released its "stateatistics" for 2021, most weren't surprised to find biryani at the top of the favourites' list. After all, the dish had topped charts for 5 consecutive years, but it created new records. 🍛

Read more at https://www.moneycontrol.com/news/trends/india-ordered-60444000-biryanis-via-swiggy-in-2021-7854511.html?utm_source=telegram&utm_medium=social


#biryani #Swiggy
Moneycontrol
India ordered 6,04,44,000 biryanis via Swiggy in 2021
Biryani topped Swiggy charts for the sixth year in a row.
5.2K views
Moneycontrol
#StartupWithMC | Ordering food on platforms such as Swiggy and Zomato will likely get more expensive this year as both restaurants and cloud kitchens seek to increase prices.

Sanghamitra Kar reports at
https://www.moneycontrol.com/news/business/online-food-delivery-to-get-costlier-amid-rising-inflation-discount-demands-7922661.html

#OnlineFoodDelivery #Swiggy #Zomato
Moneycontrol
Online food delivery to get costlier amid rising inflation, discount demands
Prices of everything from cooking gas to edible oils have shot up, and food aggregators are demanding deeper discounts to expand their own order volumes in the face of the pandemic’s third wave.
7.2K views
Moneycontrol
Online delivery companies are all set to switch to EVs to meet the 3-month deadline set by the #delhi government.

Read more at 🔻
https://www.moneycontrol.com/news/business/companies-battle-high-costs-infra-bottlenecks-to-meet-delhis-electric-vehicle-mandate-7963231.html?utm_source=telegram&utm_medium=social

#Zomato #Swiggy #Amazon #Flipkart #ElectricVehicles
Moneycontrol
Companies Battle High Costs, Infra Bottlenecks To Meet Delhi's Electric Vehicle Mandate
The Delhi government has mandated that all ride aggregators and delivery services will have to switch to EVs when reinforcing their fleets. High costs, gaps in the supply chain and charging infrastructure loom as potential impediments in the effort aimed…
5.3K views
Moneycontrol
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#BREAKING | Swiggy raises $700 million at a valuation of $ 10.7 Billion & the current valuation of $10.7 Billion goes higher than Zomato market cap today

Chandra R. Srikanth reports. #StayTuned

#Startup #Zomato #Swiggy #Funding
7.1K views
Moneycontrol
"Execution is the only thing under our control," says Zomato's Founder & CEO Deepinder Goyal, on a day when the company's stock has tumbled even as rival #Swiggy raised a massive #funding round.

Read 🔻
https://www.moneycontrol.com/news/business/startup/i-have-been-waiting-for-a-bear-market-zomato-ceo-tells-employees-amid-steep-fall-in-stock-price-7976881.html?utm_source=telegram&utm_medium=social
Moneycontrol
'I've been waiting for a bear market,' Zomato CEO tells staff as share suffers a steep fall
Execution is the only thing under our control, says Deepinder Goyal, founder and chief executive of online delivery firm Zomato on a day when the company's stock has tumbled even as rival Swiggy raised a massive funding round.
7.1K viewsedited  
Moneycontrol
A day after #CCI ordered probe into the conduct of both #Zomato & #Swiggy, Zomato said that the competition watchdog wants to investigate aspects such as preferential listing of restaurant partners and pricing parity.

Read 🔻
https://www.moneycontrol.com/news/business/zomato-says-it-will-explain-to-cci-why-its-practices-comply-with-the-competition-law-8319391.html?utm_source=telegram&utm_medium=social
Moneycontrol
Zomato reacts to CCI probe, says its practices comply with the laws
CCI had ordered an investigation in the conduct of both Zomato and Swiggy based on allegations made by the restaurants association.
6.5K views
Moneycontrol
#Zomato and #Swiggy are facing technical glitches on a weekday with many Indian users not being able to place orders on the two apps.

Here's how people reacted 👇
https://www.moneycontrol.com/news/trends/zomato-swiggy-down-users-complain-of-not-being-able-to-order-food-8324301.html?utm_source=telegram&utm_medium=social
Moneycontrol
Zomato, Swiggy down during lunch hours. Users complain of not being able to order food
The Zomato and Swiggy crash comes during lunch hours on a weekday, causing trouble to users.
6.0K views