Swiggy brings XL EV fleet in Gurugram to handle large orders

Quick Summary:

In the coming weeks, the service—operated by a fleet of vehicles with temperature-controlled compartments—will expand to cities beyond Gurugram.

The foodtech startup, which recently got approval from shareholders to raise the fresh issue size of its IPO to Rs 5,000 crore, experienced slower growth compared to its rival Zomato in the first quarter of FY25.Its losses widened by 8.31% year-on-year to Rs 611 crore.

Invesco raises valuation of its stake in IPO-bound Swiggy to $13.

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Article Details

Author / Journalist: Ishan Patra

Category: StartupsEconomyBusiness

Markets: India

Topics: Service Vehicles Policy Food Weeks Delivery Gurugram Swiggy Privacy Launch Fleet

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-05 @ 09:42:36 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 302 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 22894762

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 21 posts per day

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News Last Updated: 9 hours ago

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