New Delhi: Food delivery giant Swiggy has once again raised its platform fee, bumping it up from ₹12 to ₹14 per order. The company attributed the latest hike to a surge in customer transactions during the festive season. What’s striking is the pace of the increase—Swiggy’s platform fee was just ₹2 in April 2023, rose Read More…
Tag: swiggy
Swiggy Prepares for November IPO, Aims to Raise ₹11,000 Crore
Swiggy, one of India’s largest food delivery platforms, is gearing up for a blockbuster Initial Public Offering (IPO) set for November 2024. The company has received a green light from the Securities and Exchange Board of India (SEBI) and is eyeing a massive ₹11,000 crore (₹110 billion) raise. This includes ₹5,000 crore through fresh share Read More…