Swiggy, one of India’s leading food delivery platforms, continues to expand its presence in the quick commerce and online food delivery space. Backed by strong growth potential and a growing customer base, the company has attracted positive attention from analysts...
The shares of these two leading food aggregators, Swiggy and Eternal Delivery aggregators are down by 2.5 percent and 2 percent respectively, after Rapido announced its foray into the food delivery business. In this article, we will discuss about this announcement in...
Can a market really quadruple in the next six years? Would you dare to believe it? Analysts have projected that India’s food delivery market is expected to explode up to US$140 billion by 2030. It is at a boiling 28% CAGR. The driving force behind: Lifestyle...
India’s online food delivery space has become a two-player battlefield dominated by Zomato and Swiggy. Both companies have diversified significantly in FY25, expanding into quick commerce, B2B supplies, and more. With both firms vying for market dominance, their...
During Tuesday’s trading session, shares of India’s pioneering on-demand convenience platform moved down by nearly 7.3 percent to hit a new 52-week low at Rs. 297 on BSE. With a market cap of Rs. 75,719.6 crores, at 10:23 a.m., the shares of Swiggy Limited were...
Founded in 2014, Swiggy Limited, India’s pioneering on-demand convenience platform, is a new-age, consumer-first technology company offering users an easy-to-use convenience platform, accessible through a unified app. The company is undergoing a significant...
According to a joint report by Bain & Company and Swiggy, India’s food delivery market is expected to grow at a compound annual growth rate (CAGR) of 18 percent, reaching over Rs 2 lakh crore by 2030. The rise of user-friendly apps and technology-driven...
Swiggy made its debut at Rs. 412 with a modest listing gain of 5.64 percent from its IPO price of Rs. 390. Following its listing, it experienced a strong rally and went up to Rs. 617, up 49.75 percent from its listing price. However, despite trading at elevated...
The food delivery and quick grocery business in India has seen tremendous growth in recent years, driven by changing consumer habits, urbanization, and a growing preference for convenience. Companies like Swiggy and Zomato dominate the food delivery landscape,...
The share price of this recently listed stock involved in food delivery aggregation soared 6 percent on Tuesday morning after UBS initiated a buy rating indicating potential growth. Share Price Movement In Tuesday’s trading session, Swiggy...
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