NEW DELHI: Food and grocery platform Swiggy launched its 10 minutes meals and beverage delivery service Bolt on Friday, currently available key locations in Hyderabad, Mumbai, Delhi, Pune, Chennai, and Bangalore.The IPO-bound company also plans to expand this service to more locations in the coming weeks. Swiggy will quick deliver popular dishes which require minimal…
MUMBAI: Food & grocery delivery company Swiggy on Thursday filed papers for an IPO that is expected to be worth about $1.2 billion (or Rs 10,000 crore) – the biggest floated by an Indian startup since Paytm’s Rs 18,300 offer in 2021. The IPO is expected to be up-sized to about $1.4 billion (or Rs…
India’s biggest initial public offer is set to hit the floors, with market regulator Sebi approving the draft red herring prospectus of Hyundai Motor‘s Rs 25,000-crore offer of sale.The much-awaited IPO is expected to be launched in Oct, and follows a series of public offers that have hit the markets recently. Having received a green…
A former junior Swiggy employee has allegedly ‘stolen’ Rs 33 crore from the company. The Bengaluru-based food delivery platform has revealed this in its annual report for the financial year 2023-24. Swiggy has reportedly employed an “external team” to investigate the issue and has filed a “legal complaint” against the former employee. What Swiggy said…
Job industry is experiencing layoffs across industries around the globe. In India, large new-age companies like Swiggy, Ola, Paytm and others have cut down their workforce since January 2024. Here we compile list of India firms that have laid off their employees Simpl fired around 25% of its workforce Simpl, a buy now pay later…
