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Swiggy Sets ₹100 Billion Earnings Goal by FY31

By Uniquetimesorg August 6, 2026 0

Swiggy has announced an ambitious target of achieving ₹100 billion ($1.05 billion) in core earnings (EBITDA) by fiscal 2031. The company expects this growth to be driven by the continued expansion of its food delivery business and its quick-commerce platform, Instamart. The company projects Instamart’s gross order value (GOV) to increase four to five times, […]Continue Reading

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Swiggy Appoints Nandita Sinha as Instamart CEO

By Uniquetimesorg July 28, 2026 0

Swiggy has appointed Nandita Sinha as the Chief Executive Officer of its quick commerce platform, Instamart, effective August 3, following the resignation of Amitesh Kumar Jha. Sinha, the former CEO of Myntra, brings over two decades of leadership experience, having held key roles at Flipkart, Britannia, and Hindustan Unilever. The leadership change comes at a […]Continue Reading

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Swiggy Clarifies FSSAI Order on Toing, Says Issue Was Licence-Related

By Uniquetimesorg July 10, 2026 0

Swiggy has clarified that the Food Safety and Standards Authority of India (FSSAI) prohibition order concerning its budget food delivery platform, Toing, was related only to updating licence particulars and did not involve any food safety violations. The company said it addressed the observations and received a modified FSSAI licence on July 9. The company […]Continue Reading

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Flipkart Accelerates Quick Commerce Push Ahead of IPO Plans

By Uniquetimesorg June 24, 2026 0

Flipkart is rapidly scaling its quick commerce arm “Minutes,” planning to expand its neighbourhood warehouse network to around 1,500 locations in the coming months, up from about 1,000 at present. The move comes as the company prepares for a future Mumbai listing, although no fixed IPO timeline has been announced. Backed by Walmart, Flipkart is […]Continue Reading

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Swiggy Q4 Loss Narrows as Food Delivery Sees Strongest Growth in Years

By Uniquetimesorg May 9, 2026 0

India’s food and grocery delivery platform Swiggy reported a narrower fourth-quarter loss, helped by strong growth in its core food delivery business. The company said rising orders, expanding user numbers, and affordable offerings such as “99-Store” and restaurant marketplace “Toing” boosted demand. CEO Sriharsha Majety noted that the food delivery segment delivered its Continue Reading

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Swiggy Raises Platform Fee to ₹17.58 as Competition with Zomato Intensifies

By Uniquetimesorg March 24, 2026 0

Food delivery platform Swiggy has increased its platform fee to ₹17.58 per order, inclusive of GST, marking a 17.27 per cent rise from the earlier ₹14.99. The move comes shortly after rival Zomato also raised its effective platform fee to the same level, with a base charge of ₹14.90 plus ₹2.68 GST. This is the […]Continue Reading

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Swiggy Shares Rebound After Eight-Day Losing Streak Despite Market Sell-Off

By Uniquetimesorg March 4, 2026 0

Shares of food delivery and quick commerce platform Swiggy rebounded on Wednesday, March 4, defying the broader market sell-off. The stock opened the session at ₹280, marking a fresh all-time low, but buying interest emerged during the day, pushing it to an intraday high of ₹300.20, around 4% higher than the previous close. The recovery […]Continue Reading

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Swiggy Narrows Quarterly Loss as Instamart Growth Accelerates

By Uniquetimesorg January 29, 2026 0

India’s Swiggy reported a narrower sequential loss for the December quarter, helped by strong momentum in its Instamart quick-commerce unit, and reiterated its goal of achieving contribution-margin break-even by the first quarter of fiscal 2027. The company posted a consolidated loss of 10.65 billion rupees, slightly improved from 10.92 billion rupees in the prior quarter, Continue Reading

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India Pushes Back on ‘10-Minute Delivery’ as Flipkart, Swiggy Change Messaging

By Uniquetimesorg January 14, 2026 0

Walmart-owned Flipkart, Swiggy and fast-growing startup Zepto have stopped advertising their grocery services as “10-minute delivery” platforms after the Indian government raised concerns about road safety. The labour ministry urged companies during a private meeting to avoid such branding, citing risks linked to rash driving and pressure on gig workers. While no penalties Continue Reading

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Swiggy Launches ‘EatRight’ Category to Tap Rising Demand for Healthy Food Options

By Uniquetimesorg January 5, 2026 0

Food delivery platform Swiggy on Monday announced the launch of EatRight, a new category designed for health-conscious consumers across more than 50 cities. The offering brings together meals labeled as high-protein, low-calorie and no-added-sugar under a single, easy-to-navigate umbrella, aiming to integrate healthier choices into routine food-ordering habits. The company Continue Reading