Swiggy

The online food and grocery industry is currently the fastest-growing segment in online retail. The industry will see a jump over four times in the next three years to cross a Rs 10,000 crore revenue by 2021. While businesses are still…

Bengaluru based food delivery app Swiggy has successfully raised $1 billion, which makes their valuation as $3.3 billion. This is the biggest VC funding any food-tech startup has raised till now, in India.

Battle lines have been drawn, and swords are out. It is a full-blown battle now between restaurants and food delivery apps like Swiggy, Uber Eats, Zomato and Food Panda. Kerala’s restaurants and hotels have declared a food app ban in…

Anuj Rathi, VP of Product at Swiggy said, “Super is the result of understanding some of their biggest pain points when it comes to food delivery and making it more convenient, affordable, and simple,"

Leading investors such as Naspers, DST Global, Coatue Management and Meituan-Dianpin have successfully pumped in $210 million into Swiggy, after which, their valuation have soared to mind boggling $1 billion+.

Ola has acquired Foodpanda for around $50 million. After the short-lived Ola Cafe, this is Ola's second venture into food business in response to UberEats.

Swiggy currently holds the largest market share in the online ordering industry in India where it competes strongly with Zomato, it’s closest rival.

Analysts are predicting that Paytm will invest Rs. 5000 Crore to expand their merchant's network and make their wallet more visible for more usage.

The Zomato-Swiggy merger will create India's largest food ordering service. While the talks are still on, this merger has a strong chance of going through.

A blog post that has been co-authored by four disgruntled employees has blown the lid off the much talked about food-tech startup Swiggy.