News

As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...
While Swiggy has laid out a series of steps to improve profitability, the high cash burn indicates that these measures may ...
Swiggy share price has remained flat in one month, but has rallied 25% in the past three months. The stock has fallen 9% in ...
Swiggy's quarterly loss nearly doubled from a year earlier as the Indian online delivery platform spent more on marketing to ...
Swiggy reported a doubled net loss of Rs 1,197 crore for the April-June period despite a 54% increase in operating revenue, ...
Indian online delivery platform Swiggy posted a wider quarterly loss on Thursday, as rising investments in its quick-commerce ...
According to a report from Crisil, which dealt with the subject of IPO fund utilization of Swiggy, out of the ₹4499 crore ...
This decision comes as Swiggy navigates a period of increased marketing investments and a focus on profitability across its ...
Jefferies upgraded Swiggy to a “Buy” rating with a TP of INR 500 per share, while Morgan Stanley gave a TP of INR 450 per ...
Swiggy’s planned exit from Rapido is being seen as a strategic reset to avoid future conflict of interest, as Rapido enters food delivery. Analysts view it as a smart move that sharpens Swiggy’s focus ...
June, up from ₹374 crore a year ago. But its losses also shot up to ₹797 crore, compared to ₹280 crore last year. This steep ...
Sure, the Rapido stake (~12%) monetization could help; but its cutting it too close for us to be comfortable taking this bet.