Expecting very solid growth for next 3-5 years: Swiggy CEO …
6 hours ago · Swiggy lists at a premium. Swiggy listed at Rs 412, reflecting a jump of 5.64 per cent from the issue price on the BSE.Later, it surged 15.12 per cent to Rs 449 apiece. The Rs 11,327-crore initial public offer of Swiggy got fully subscribed on the final day of the share sale on Friday, ending with 3.59 times subscription.. The initial share sale had a …
"Expecting Very Solid Growth For Next 3-5 Years": Swiggy CEO
7 hours ago · We are expanding our geographical footprint, stores network for Instamart business," Swiggy CEO Sriharsha Majety said post the listing ceremony. Swiggy listed at Rs 412, reflecting a jump of 5.64 ...
SoftBank-backed Swiggy’s shares soar over 9% on India market …
15 hours ago · Shares of Indian food delivery giant Swiggy soared over 9% on their trading debut Wednesday after its teh company’s stellar IPO — the country’s second-largest this year. The company, which ...
Swiggy market debut fuels India’s food, quick commerce wars
10 hours ago · Swiggy’s Instamart service has 5.2 million monthly users compared to Zomato-owned Blinkit’s 7.6 million monthly users. ... TechCrunch Daily News. Every weekday and Sunday, you can get the best ...
Will Swiggy IPO be a Hit or a Miss on listing day? A detailed …
11 hours ago · Swiggy's valuation is seen as a key positive when compared with currently listed entities in the fast food delivery segment. Most analysts believe that Instamart lends long-term value to growth ...
How ‘ideas man’ Sriharsha Majety’s hyperlocal focus put ... - Mint
2 days ago · On the quick commerce front, while Instamart more than doubled its revenue to ₹ 978.5 crore in FY24 from a year earlier, it was way behind Blinkit’s ₹ 2,301 crore.
Swiggy bets on Instamart to outgrow its food delivery business
Oct 30, 2024 · IPO-bound food tech major Swiggy expects Instamart, its quick commerce arm, to soon outpace its core food delivery business as demand for instant convenience grows in India’s cities.
Amazon in talks with Swiggy to buy Instamart? ‘Swooped in with …
Amazon is interested in Instamart as the US retailer has been working on its own quick commerce initiative for months, the report claimed. Earlier it was reported that Flipkart had explored a...
Swiggy to invest $700 million in instant grocery delivery service
Dec 2, 2021 · Swiggy, India’s top food-delivery startup, will invest $700 million in its express grocery delivery service Instamart, significantly intensifying the competition for quick commerce in the world...
India's Swiggy to invest $700 mln in grocery delivery service Instamart
BENGALURU, Dec 2 (Reuters) - SoftBank-backed (9984.T) Indian food delivery startup Swiggy said on Thursday it would invest $700 million in its grocery delivery service Instamart, to strengthen...
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