Swiggy acquires restaurant tech platform Dineout for $200 million

Food delivery giant Swiggy on Friday said it has signed an agreement with Times Internet to acquire Dineout, a popular dining out and restaurant tech platform.

published on : 14th May 2022

Swiggy acquires restaurant tech platform Dineout 

According to sources familiar with the development, the deal is valued at about $200 million.

published on : 13th May 2022

Zepto clocks 946 per cent growth in four months, says report

Ever since Zomato announced its foray into the 10-minute delivery, the quick commerce space has been heating up with many activities revolving around quick delivery. 

published on : 13th May 2022

Shortage of delivery workforce: Swiggy scales down Supr Daily, temporarily shuts Genie in three cities

Due to the cricketing season, Swiggy is seeing a surge in food delivery. Also, because of a shortage of delivery workers, it is prioritising its marketplace and Instamart services.

published on : 11th May 2022

Food delivery platform Swiggy all set to start drone trials for grocery service

The buzz around grocery delivery service has reached new heights, as online food delivery major Swiggy will make use of drones for its grocery service Instamart.

published on : 1st May 2022

Sequoia, Tiger Global, Zomato, Swiggy onboard UrbanPiper with USD 24 million funding

Restaurant management platform UrbanPiper on Monday announced that it has raised $24 million from investors including food delivery platforms Swiggy and Zomato.

published on : 18th April 2022

Rapido raises $180 million in funding round led by Swiggy

Bike taxi platform Rapido has raised $180 million in a Series D round led by new investor- food delivery giant Swiggy.

published on : 16th April 2022

Bike taxi startup Rapido raises $180 million in round led by Swiggy

The round also saw participation from TVS Motor Company, along with existing investors Westbridge, Shell Ventures and Nexus Ventures

published on : 15th April 2022

Food delivery giants Zomato, Swiggy see brief outage for users nationwide

The nationwide outage appeared to have been caused by a technical snag at the web hosting service, which most online platforms rely on to operate.

published on : 6th April 2022

Will comply with CCI suggestions, says Zomato

Zomato on Tuesday said that it would work closely with the Competition Commission of India (CCI) and assist them with their investigation in the allegation of anti-competitive practices.

published on : 6th April 2022

CCI to probe Zomato, Swiggy’s anti-competitive practices

The anti-trust regulator, Competition Commission of India (CCI), has ordered an investigation into the alleged anti-competitive conduct of food delivery platforms Zomato and Swiggy.

published on : 5th April 2022

IT, ITeS attract USD 8.3 billion investment across 256 deals in January-March 2022

Also, Private Equity - Venture Capital (PE-VC) firms invested over $15.1 billion across 346 deals in Indian companies during the first three months of 2022.

published on : 2nd April 2022

Refund Rs 27.5 crore GST to Swiggy: Karnataka HC to Centre

The GST amount was reportedly collected during the course of investigation without following the procedures prescribed under the CGST Act.

published on : 12th March 2022

No bail for drug peddlers in Dunzo, Swiggy uniforms

The Karnataka High Court dismissed the bail petitions of two accused allegedly involved in drug peddling activities, masquerading as Dunzo and Swiggy service providers.

published on : 27th January 2022

Food delivery platform Swiggy raises USD 700 million from Invesco, others

Six months after raising USD 1.25 billion, the new fundraise also sees increased participation of institutional investors from India and globally, it added.

published on : 24th January 2022
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