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…
Zappfresh, the rapidly growing meat delivery startup, has taken a significant step toward public listing by filing its Red Herring Prospectus (RHP) for its initial public offering (IPO) on the BSE SME platform. The IPO, consisting solely of a fresh issue of 59.06 lakh shares, is scheduled to open on September 26 and close on September 30, 2025. The move reflects Zappfresh’s ambitions to raise…
Swiggy, the leading food-tech giant preparing for its IPO, has announced an extension of its service fee policy to include the gross order value for restaurants in non-metro areas. This policy adjustment, reported by The Economic Times, will increase the commission charges for its restaurant partners in smaller towns and cities.
Historically, service fees for restaurants outside major urban…
