New investors such as Baron Capital Group, Sumeru Venture, IIFL AMC Late Stage Tech Fund, Kotak, Axis Growth Avenues AIF- I and Sixteenth Street Capital, among others, participated in the round.
Apart from Swiggy, edtech giant Byju’s is the most valuable start-up with $21 billion.
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Gun control debate rages after teen kills 21 in US school
Eighth mass shooting in 2022, says Everytown gun control group Guns of all kinds, including high-powered assault rifles, are cheaper and widely available in US
ED registers third money laundering case against Karti
According to ED officials, the case has been filed under the criminal sections of the Prevention of Money Laundering Act (PMLA) taking cognisance of the FIR registered by the CBI in the same case about a week ago.
Army aviation wing gets 1st woman combat pilot
SHATTERING yet another glass ceiling, the first woman officer joined the Army Aviation Corps as a Combat Aviator.
Lanka PM to helm finance ministry
The South Asian island nation has suffered months of dire shortages and anti-government protests, with importers unable to finance vital food, fuel and medicines.
LIFER TO MALIK FOR FUNDING TERROR IN J&K
It is among the gravest of offences, says NIA court, wants verdict to serve as deterrent to those drawn to violence
IMF PRAISES INDIA EVEN AS RANIL TAKES OATH AS FM
At Davos, IMF chief says India's aid to Lanka is commendable; Ranil Wickremesinghe in touch with global agencies
Anxiety grips Gujarat Congress over final 'yes' from Naresh Patel
ENERVATED by Hardik Patel's exit, the Gujarat Congress now appears waiting for a fortuitous 'yes' from Naresh Patel, a powerful Patidar satrap from Saurashtra.
A day after arson, uneasy silence hovers over Amalapuram town
Heavy police presence as town limps back to normalcy; bus services re-started by 10 am
Valley tense, security tight over Yasin verdict
Gupkar Alliance calls judgement 'unfortunate' & setback to peace
Texas teen guns down 19 children in school
IN one of the worst mass murders in a school in America, an 18-year-old in body armour gunned down 19 children and two teachers at an elementary school in Texas state on Wednesday.
स्विगी ने डाइनआउट का अधिग्रहण किया
प्रमुख फूड डिलिवरी कंपनी स्विगी ने कहा है कि उसने डाउनआउट के अधिग्रहण के लिए टाइम्स इंटरनेट के साथ एक निश्चित समझौते पर हस्ताक्षर किए हैं। डाउनआउट बाहर खानपान एवं रेस्तरां क्षेत्र का प्रमुख प्रौद्योगिकी प्लेटफॉर्म है। इस अधिग्रहण के बाद भी डाइनआउट एक स्वतंत्र ऐप के तौर पर अपना परिचालन जारी रखेगा। कंपनी सौदे की रकम का खुलासा नहीं किया है।
Swiggy scales down Supr Daily, shuts Genie in 3 cities
ONLINE food delivery major Swiggy has temporarily shut its Genie services in 3 citiesBengaluru, Mumbai and Hyderabad - due to shortage of delivery workforce.
Waist of time
Say hello to a new addition to the post-pandemic family!
Zomato's 'The Fast And The Furious' Step
The 10-minute food delivery model could upend India’s quick-commerce space and propel the ‘one-stop deliverer’ concept
Swiggy's delivery workers can now take up managerial roles at the start-up
FOODTECH UNICORN SWIGGY on Monday launched an accelerator programme for its delivery executives to transition into full-time, managerial-level jobs with a fixed salary and additional benefits.
Swiggy Vs Zomato
The Foodtech Duo Take Two Different Paths To The Same Destination, But More Often Than Not, Find Themselves Crossing Each Other. And Now, They Are Squaring Off In Realms Beyond Their Comfort Zone Of Food Delivery. What Will It Take To Win?
Rapido raises $180 m from Swiggy, TVs, others
BIKE TAXI PLATFORM Rapido on Friday said it has raised $180 million in its latest Series D round led by hyperlocal delivery firm Swiggy, which could build new synergies between the two companies as the latter looks to solidify its position in the competitive food and grocery delivery space.
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.
Quick delivery makes Chennai cops see red
NEARLY 1,000 CASES FILED AGAINST Q-COMMERCE PARTNERS IN A SINGLE DAY
ON A QUICK RIDE
One cannot get a quick-fix to all woes. Practically it’s nearly impossible. But what’s possible is a quick delivery of your favorite chocolate or ice cream to lift up your mood instantly. The quick commerce market in India is picking up. India’s quick commerce sector is expected to grow 10-15 times in the next five years to become a $5 billion market by 2025, according to a report by consulting firm RedSeer.