Swiggy Instamart VP & Head SCM Karan Arora steps down
With this, Arora joins a growing list of VPs and senior vice presidents (SVPs) who have left Swiggy over the past year.
With this, Arora joins a growing list of VPs and senior vice presidents (SVPs) who have left Swiggy over the past year.
In light of recent inquiries and speculations concerning Paytm's availability as a payment method on service providers including Uber, Swiggy, Zomato and other platforms, Paytm has come forward to address and clarify the situation for its users and stakeholders.
In its new filings, Baron Capital mentioned that it had increased the value of its share in Swiggy to $87.2 million, up from its original $76.7 million investment in the company, reported TechCrunch on Friday.
For its IPO process, the company is likely to have picked seven investment banks, including Kotak Mahindra Capital, Citi and JPMorgan, Bofa Securities, Jefferies, among others.
In yet another top-level exit, Sidharth Satpathy, Vice President at Swiggy Instamart, has quit the company after around five years.
The quick grocery and food delivery platforms received huge orders as revellers preferred to stay home to celebrate the New Year.
Domestic markets are ending the year 2023 on a buoyant note as Nifty scales above 21,500 mark while Sensex crosses 71,000.
As 2023 comes to a close, online food delivery platform Swiggy on Tuesday revealed that a user from Jaipur placed 67 orders on Instamart on a single day this year.
Online food delivery platform Swiggy's investor Prosus, in its financial filing, stated that Swiggy’s core food-delivery business grew 17 per cent and delivered gross merchandise value (GMV) of $1.43 billion in the first half of FY24.
Online food delivery platforms Zomato and Swiggy have received GST notices worth Rs 500 crore each on delivery charges, media reports said on Wednesday.