Bengaluru-based Swiggy expands 10-minute food delivery service Bolt to 400+ Indian cities and towns, and says it has partnered with 40K+ restaurants, like KFC
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Swiggy plans to acquire Dineout, a Times Internet-owned service for restaurant table reservations and events, a source says for $200M in an all-equity deal
Swiggy has amassed millions of users, helping them order food and grocery online in India. The seven-year-old firm is now looking to reach those who go out to eat.
Sources: SoftBank's Vision Fund 2 is in talks to invest up to $500M in Indian food delivery service Swiggy, at a ~$5.5B valuation
SoftBank Vision Fund 2 is in advanced stages of talks to invest up to half a billion dollars into food delivery startup Swiggy, two sources familiar with the matter told TechCrunch.
Naspers plans to spin off its internet businesses, including a $133B stake in Tencent and investments in Mail.ru, Delivery Hero, and Swiggy, in a Dutch listing
- Bulk of the company will be listed on Euronext Amsterdam — Move is part of plan to cut gap with value of Tencent holding
Sources: Uber Eats is in the final stages of negotiations to sell its India business to rival Swiggy, which raised $1B in last December, in return for 10% stake
Stock swap deal may give Uber Eats around 10% in rival, expected to close by March — In what would be one of the most …
India's ride-hailing service Ola acquires FoodPanda India from Germany's Delivery Hero, and will invest $200M to take on rival UberEats, Zomato, and Swiggy
Saurabh Kochhar, former CEO of Foodpanda India has left the company and Pranay Jivrajka, founding partner at Ola has been appointed as the interim CEO of Foodpanda