Valentine’s Day Sales: Revealing the sales and trends data for Valentine’s Day this year, the management of Swiggy and Swiggy Instamart shared that their platforms logged 581 chocolates, 607 cakes sales per minute, respectively on February 14, 2025. Further, in terms of restaurant booking and food orders, besides the metros of Mumbai and Delhi, tier…
While new-age investors make micro-investments of ₹50,000, the majority of angel investor cheques now falls in the range of ₹3 lakh-8 lakh, outpacing the deals typically made by wealthier investors and prominent startup founders, signalling a broader shift towards smaller bets by angel investors. “We do have a smaller group of investors writing larger cheques…
With Zomato recording a sharp 190% jump in its valuation to Rs 2,51,900 crore, Zomato CEO Deepinder Goyal is now India’s second-largest self-made entrepreneur, according to Hurun India. Goyal is closely followed by rivals Sriharsha Majety and Nandan Reddy of Swiggy. Hurun said Swiggy, which went public earlier this year, has recorded a 52% rise…
Running into the Swiggy IPO, a key point of debate was the difference in growth rate with its close peer Zomato. For example, in Q1 FY25, Zomato’s year-on-year (y-o-y) revenue growth rate at 62 per cent was much stronger than Swiggy’s 34 per cent. The difference was also notable when one considers the booming quick…
Shweta Rajpal Kohli, a former employee of venture capital firm Peak XV Partners, on Thursday, launched Startup Policy Forum (SPF) to foster constructive collaboration between founders, policymakers, and regulators. In the initial phase, the forum will limit its members to 100 select startups and may eventually increase its membership count. It already includes prominent startups…
Last Updated:November 22, 2024, 12:41 IST “Swiggy Instamart ruined me!” wrote a Delhi man on Reddit after his condom delivery arrived in a see-through pink plastic bag. The image shows the not-so-discreet packaging in which a Delhi man’s condom order was delivered to his office. (Pic credit: Reddit/@manan-singh) A man from Delhi ordered a pack…
