In a rollercoaster financial reveal, Bengaluru-based food delivery giant Swiggy, one of Zomato’s fiercest rivals, stunned investors and analysts alike by reporting a staggering Rs 1,092 crore loss in Q2 FY26. The numbers, released on Monday, show that while Swiggy’s top line is soaring, the bottom line is bleeding, highlighting the high-stakes battle in India’s hyper-competitive foodtech and…
Zippee, the Delhi-based same-day delivery startup, is gearing up for its largest funding round yet, aiming to raise Rs 22-25 crore. This round is expected to be led by London-based private equity investor C&C Alpha, with participation from both new and existing investors. Following this funding, Zippee’s valuation is projected to soar to approximately Rs 180 crore, up from around Rs 100 crore.
A…
In an exclusive interview with ET’s Pranav Mukul and Samidha Sharma, Sahil Barua, CEO of Delhivery, sheds light on the evolving dynamics of the logistics industry and the challenges facing quick commerce. Barua discusses how the rapid growth of quick commerce is reshaping market shares, particularly impacting traditional kiranas rather than traditional e-commerce platforms.
Barua highlights that…
