Swiggy

Bengaluru-based digital payments startup Juspay raised $50M, in a mix of primary and secondary investments, from WestBridge Capital at a $1.2B valuation

Founded in 2012, Bengaluru-based Juspay powers payment systems for major global brands such as Amazon, Flipkart, Google, IndiGo, and Swiggy.

Fast delivery apps like Blinkit, Zepto, and Swiggy are expanding into India's Tier 2 and Tier 3 cities, driven by rising incomes and cheap smartphones and data

Cheap data, new logistics and mobile-first platforms are expanding consumption far beyond India's urban elite.

India's Open Network for Digital Commerce has struggled to break the near-duopoly of Zomato and Swiggy in online food delivery after cutting back on discounts

Krishnapriya V.S. / The India Forum :

India's Open Network for Digital Commerce has struggled to break the near-duopoly of Zomato and Swiggy in online food delivery after cutting back on discounts

A near-duopoly of Zomato and Swiggy controls almost 95% of India's digital platform-based food delivery market …

Indian food delivery and quick commerce platform Swiggy launches Pyng, an online marketplace to let users find verified professionals like financial advisors

Debaroti Adhikary / Moneycontrol :

Swiggy's stock fell to ~$4.29 on February 6, below its ~$4.45 IPO price, after hitting ~$7.04 in December 2024, as Q3 results showed Instamart lost market share

Manish Singh / TechCrunch :

Bengaluru traffic police booked 17K+ cases against delivery personnel in a single week of November 2024, as Swiggy and others rolled out rapid delivery services

The News Minute :

A look at India's quick food delivery market as Swiggy and Zomato enter the sector; report: online food delivery market in India to reach $15B by March 2029

- Zomato, Swiggy among those who now have quick food delivery  — Some social media users have voiced concerns on food quality

Bengaluru-based Swiggy reports Q2 revenue of ~$425M and a $74M loss in its first post-IPO earnings, and expects to post positive core earnings by December 2025

Prosus says it has made $2B+ on its Swiggy investment and will retain a 25% stake after Swiggy's IPO, which valued the food and grocery delivery firm at ~$11.3B

Loni Prinsloo / Bloomberg :