We are very excited for the next phase of our journey as a company,” said Sriharsha Majety, cofounder and CEO, Swiggy, in a ...
New Delhi: Swiggy has ramped up its marketing and advertising expenditures, as detailed in its recently updated Draft Red Herring Prospectus (DRHP) submitted to the Securities and Exchange Board ...
Swiggy, the Indian food delivery giant, debuted on the stock market with its shares opening at a premium. CEO of competitor ...
Swiggy’s initial public offering (IPO) experienced a slow uptake on the first day with subscription levels at just 12% overall. It received 1,89,80,620 share applications against 16,01,09,703 ...
Swiggy expects "solid" growth over the next 3-5 years, with plans to expand its geographical footprint and Instamart network.
So far, Swiggy has distributed Rs 500 crore in Esops, and the public listing could significantly boost returns for employee ...
and marketing expenses. Unlike delivery charges, these items tend to be more fixed, creating potential for operational leverage. In other words, as Swiggy scales and increases order volume ...
As per the papers drafted by the company, Swiggy plans to invest the funds generated from the fresh issue in technology, cloud infrastructure, brand marketing and business promotion. The proceeds ...
New Delhi: The Competition Commission of India (CCI) has concluded an investigation into the business practices of food delivery giants Zomato and Swiggy, revealing that both companies have ...
Swiggy Ltd.’s $1.3 billion initial public offering was subscribed more than three times on Friday, driven by a late surge in demand from large investors for the Indian food-delivery platform ...
Swiggy plans to utilize the proceeds for investments in its subsidiary, technology, and marketing. NEW DELHI: The share allotment for Swiggy's IPO is set to be finalised today, allowing investors ...
Swiggy has raised around $606 million from a set of more than 75 anchor investors as part of its $1.35 billion initial public offering, as the Indian food delivery and quick commerce startup ...