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Swiggy To Announce 2nd Round Of Layoffs Amid Cost-Cutting Measures

The layoffs are expected to predominantly affect the tech teams and a section of the customer care department, specifically the call center operations. ....

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Davos 2024: Key highlights, including Andrew Ng, Sriharsha Majety & other top newsmakers

At Davos 2024, top global voices spoke about a range of topics, including generative AI and its impact across various industries, the outlook of the EV market industry and India s place in the global landscape, among others. ....

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Davos 2024: Instamart can be larger than food delivery, says Swiggy boss Sriharsha Majety

Majety s comments come at a time when the food delivery industry continues to grow but at a slower pace because of increased penetration ....

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Davos 2024: Learnt a lot from Zomato playbook to prepare for upcoming IPO, says Swiggy boss

Majety said he has met Zomato founder Deepinder Goyal and asked him what it is like to run a listed food delivery business. Goyal is one among the many tech company founders that Majety has met. ....

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Invesco cuts Swiggy's valuation to $5.5 billion; second markdown in 4 months

According to filings, Invesco – which led Swiggy’s $700 million round in January last year – valued the Bengaluru-based company at $5.5 billion as of January 31, 2023, as per the latest filing. ....

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