Swiggy’s Loss Balloons to ₹1,197 Crore in Q1 FY26 as Revenue Jumps 54%
BENGALURU — India’s food delivery giant Swiggy reported a net loss of ₹1,197 crore for Q1 of FY26, a steep 96% rise year-on-year, as the company continues to pour money into expanding its quick commerce vertical, even as revenues surged.
The widening loss underscores the tug-of-war between aggressive growth and…
Swiggy Drops a $52 Million Surprise on Its Employees!
In a bold move that’s turning heads across the startup world, India’s food delivery powerhouse Swiggy has just granted fresh stock options worth a jaw-dropping $52 million (₹443.4 crore) to its team.
That’s right — while most of us are ordering dinner, Swiggy is dishing out millions to its employees. And this might be just the start…
Swiggy, India’s popular food delivery giant, has reported impressive growth in its latest financial results for the July-September quarter of FY25. The company’s revenue surged by a remarkable 30% year-on-year (YoY), reaching ₹3,601.5 crore, up from ₹2,763.3 crore in the same period last year. While Swiggy’s losses have slightly decreased, there’s much more happening at the company…
Auto ancillary firm Hindustan Composites has acquired a minority stake in the online food delivery giant Swiggy. This move comes shortly after Amitabh Bachchan’s family office also purchased a minority stake in the Bengaluru-based company.
Hindustan Composites has reached an agreement to buy 150,000 equity shares of Swiggy, amounting to an investment of ₹5.17 crore, as disclosed through the…
