Swiggy or Zomato. Zomato, currently profitable with a larger market share, has seen a stock surge. Analysts believe Swiggy, ...
The current grey market premium (GMP) of ₹2 indicates a muted listing of Swiggy shares on the domestic bourses.
The Swiggy IPO got a fairly sluggish response, subscribed just over three times, mostly by institutional investors on the ...
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition ...
“Zomato is arbitraging that logistics problem ... and these companies will leverage that to become first movers,” he advised.
The CCI investigation was initiated after the National Restaurant Association of India had complained back in 2021 on unfair ...
Swiggy's IPO offering is expected to raise around ₹11,327 crore (approximately $1.36 billion), targets a valuation near $11 ...
Swiggy and Zomato, India's top delivery platforms, are branching out beyond core food and grocery services. Swiggy's 'Yello' ...
Zomato and Swiggy respond to CCI investigation, denying misleading reports and affirming compliance with competition laws.
More importantly, during the quarter, Swiggy reported a net loss of Rs 611 crore against Zomato’s net profit of Rs 253 crore. Zomato has reported profits for every quarter since April-June 2023. In ...