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Swiggy IPO: Swiggy records $200 million loss, document shows, as it plans IPO

SoftBank-backed Swiggy plans IPO after $200 million losses. Cost-cutting measures implemented. Paytm faces share drop due to high valuation. Zomato shares surge. Swiggy valued at $10.7 billion. ....

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Swiggy records $200 million loss, document shows, as it plans IPO

For the full fiscal year 2022-23 Swiggy made a loss of $500 million, according to the document. ....

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Bengaluru customer flags Swiggy 'scam': Swiggy One subscribers pay more than non-subscribers

A Bengaluru-based Swiggy customer claims that premium subscribers end up paying more rather than saving money while ordering food, because Swiggy offers discount coupons to non-members. ....

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'300 CEOs, VCs, 20 founders worth $500m': Swiggy top executive gives a sneak peek into India's 'McKinsey Network'

Kapoor had worked with McKinsey for over 10 years from November 2000 till January 2011 before he joined Max Healthcare and subsequently entered the startup world with OYO where he was first the CEO (India and South Asia) and later became the Global Chief Marketing Officer. ....

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Quick commerce: The 10-minute challenge: Quick-commerce becomes the villain for neighbourhood kirana stores

Quick commerce companies now make up 40-50% of all e-commerce sales of FMCG firms and they pose an existential threat to both neighbourhood kirana stores as well as big e-comm players. Heres what makes them tick. ....

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