New Delhi, March 7 – Online food ordering platform Swiggy has expanded its railway food delivery service to 100 stations across 20 states in collaboration with the Indian Railway Catering and Tourism Corporation (IRCTC). The company announced this development on Friday, marking a significant milestone in enhancing convenience for train travelers.

As per agency reports, Swiggy has been working with IRCTC since March 2024 to facilitate food delivery services on trains. The company aims to further extend its reach to additional railway stations in the coming months, ensuring more passengers can enjoy diverse meal options while traveling.

Deepak Maloo, Vice President of Swiggy Food Marketplace, emphasized the cultural significance of train journeys in India and the integral role that food plays in enhancing the travel experience. He noted that expanding Swiggy's food delivery service to 100 stations would provide passengers with greater convenience and access to a wide variety of meals from across the country.

With this expansion, Swiggy aims to improve the quality and accessibility of food for train travelers, offering them an alternative to traditional onboard catering options. The partnership with IRCTC aligns with the growing demand for better meal choices and seamless delivery services during long-distance journeys.

New Delhi, Jan 4 (IANS) US-based investment company Invesco has raised IPO-bound food delivery platform Swiggy's valuation to about $8.3 billion.

This is the second consecutive time the global asset management company has increased Swiggy's value, according to regulatory filings.

In October last year, Invesco increased the food delivery platform’s valuation to about $7.85 billion.

Swiggy had reached a $10.7 billion valuation in a round led by Invesco in January 2022.

In May last year, Invesco slashed Swiggy's valuation in its holding to about $5.5 billion.

In November, 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.

"This was led by a rise in transacting users that drove double-digit order growth and inflation in AOV," Prosus said.

Prosus, which holds 32.7 per cent of the stake in Swiggy, mentioned trading losses reduced to $208 million.

The company further said that the quick-commerce business made rapid strides as customer adoption drove order growth.

Basket sizes grew well ahead of inflation. In the last 12 months, Swiggy has facilitated the disbursement of loans worth Rs 102 crore, of which Rs 10.1 crore was disbursed in November alone.

Swiggy's losses for the entire FY23 amounted to approximately $545 million, representing an 80 per cent increase compared to around $300 million in FY22.

New Delhi, Oct 14 (IANS) Online food delivery platform Swiggy on Saturday said it received orders for more than 250 biryanis per minute as millions glued to their TV sets on Saturday to watch the thrilling action between arch rivals India and Pakistan during the 2023 Men’s ODI World Cup group match.

Swiggy saw 250 biryanis being ordered per minute since the match started.

"One household in Chandigarh ordered 70 biryanis in one-go; it seems they were already celebrating," said the company.

Additionally, Indians also ordered over 1 lakh cold drinks during the match.

“10,916 and 8,504 units of blue lay's (chips) and green lay's were ordered respectively today. Of course blue is winning here as well,” Swiggy posted on X.

The company further added: “3,509 condoms ordered, some players are playing off the pitch today”.

India bowled out Pakistan for just 191 in the highly-anticipated clash at the Narendra Modi Stadium in Ahmedabad in front of more than 1,00,000 fans, and then, easily cruised to a seven-wicket victory.

Bowling first on a slow pitch with variable bounce, India were on the backfoot as Pakistan were cruising at 155-2 with captain Babar Azam getting his fifty and wicketkeeper-batter Mohammad Rizwan nearing his half-century. But Azam falling to Mohammed Siraj sparked a Pakistan batting implosion as they lost eight wickets for just 36 runs in their next 13 overs, ending up at 191 in 42.5 overs. Such was the innings that no batter was able to hit a six and Nasser Hussain on air said "a collapse only Pakistan team can manufacture".

New Delhi, Oct 10 (IANS) Swiggy delivery workers in Mumbai have continued the strike for the third day due to a change in payouts, causing delays and unavailability of services in several parts of the city, media reports said on Tuesday.

According to the reports, Swiggy riders have been protesting due to recent changes to their rate cards and an increase in delivery radius.

Employees who deliver orders on Swiggy are gig workers, who are paid per order and are not employed by the company.

Initial protests were started by workers belonging to the Rashtriya Karmachari Sena in Bandra, but other groups also joined in quickly, resulting in sporadic protests across Mumbai, a crucial market for Swiggy.

Delivery executives claim their base pay remains at Rs 20 while their delivery radius increased from 4 km to 6 km, as per the reports.

The total compensation for delivery executives includes the base pay as well as additional amounts to account for travel expenses and other factors.

Due to the protests, many users in the city have been facing issues with orders on the Swiggy app.

"@SwiggyInstamart @Swiggy It has been more that 2.5 hours since my order on instamart. The support person says there are no delivery people( in central Mumbai, BKC ) and dont know how much more time it will take. But the thing that bothers me is restaurant orders are working BAU?," a user wrote on X.

"Why is the Swiggy instamart app not working since two days in Versova area, Mumbai? It shows we're currently closed since yesterday @Swiggy @SwiggyInstamart @SwiggyCares," another user said.

One more user mentioned: "Whats wrong with Swiggy Instamart in Vasai. Its closed since yesterday morning".

Hyderabad, April 21 (IANS) People in Hyderabad ordered a whopping 10 lakh biryanis and 4 lakh plates of haleem on leading food-delivery platform Swiggy during the holy month of Ramzan.

Ramzan order analysis report released by Swiggy on Friday highlights the food trends in the city during Ramzan.

The order analysis reveals that traditional favourites like haleem, chicken biryani and samosas remain the most popular dishes during Ramzan.

Living up to its legacy as the biryani capital of the country, Hyderabad ordered a whopping 10 lakh biryanis on Swiggy this Ramzan. This is 20 per cent higher than the same period last year.

Haleem, a Ramzan special dish, saw over 4,00,000 orders placed for more than nine variants, including chicken, palamuru pottel, Persian Special haleem and dry fruit haleem. Mutton Haleem was the city's favourite variant.

Festive specials like Malpua, Firni and Rabdi saw a 20 per cent increase in orders.

Crispy and piping hot samosas and bhajiyas were the favourite for Iftar or breaking the fast. The most popular Iftar items included samosas and bhajia along with dishes made from dates. There was a whopping 77 per cent increase in orders for bhajiyas.

The findings were based on an analysis of orders placed on Swiggy from March 23 to April 18.

Restaurants such as Pista House Haleem, Paradise Biryani, and Mehfil emerged as Hyderabad's favourites during Iftar. Swiggy has also launched an innovative OOH campaign with an LED billboard to celebrate Ramzan's festivities. The billboards with a Haleem handi on a burner have been mounted at Secunderabad and Tolichowki locations in the city of Hyderabad.

Consumers turned to Instamart for the quick delivery of iftar necessities which included dates and other dry fruits to break their fasts. There were close to half a million orders placed for dry fruits and dates this Ramzan with a significant increase in the number of orders placed just for dates.

New Delhi, March 1 (IANS) Online food delivery platforms Swiggy on Wednesday said the recent changes in regulations on bike taxi services in Delhi have caused confusion and disruption to their services, creating panic among their delivery executives.

A Swiggy spokesperson told IANS that their delivery executives are being wrongly issued challans despite the notification being applicable only to bike taxi service providers.

"Some challans that have been issued to our delivery executives are in excess of Rs 15,000," said the company spokesperson.

This has "created fear and apprehension among our delivery executives", who are crucial in ensuring that our customers receive their orders on time.

A Zomato spokesperson told IANS that "while the notice is only for passenger vehicles, there is some misinterpretation on the ground".

In a letter sent to the Delhi government's transport department and seen by IANS, Dinker Vashisht, Group Vice President, Public Policy, Regulatory and Sustainability at Swiggy, wrote that the directions have been misinterpreted by Regional Transport Office (RTO) officials, who have started issuing challans to delivery partners.

"This has led to disruption of services, and confusion among the delivery partners, who are now apprehensive of providing their service with a fear of being penalised and harassed while on duty," Vashisht said, urging the Delhi government to intervene and give an assurance to delivery partners and last-mile delivery aggregators.

"Ensuring that our delivery executives can operate smoothly and serve our customers without any interruptions is our top priority," said the company.

Last week, ride-hailing major Uber asked the Delhi government to create a level-playing field for two-wheeler mobility rides for commuters.

The company said that different electrification mandates for ridesharing and delivery sectors, not only leads to inequitable sharing of responsibility but "seriously disadvantages the entire industry".

Carrying passengers on bike taxis bearing private registration numbers has been made a punishable offence and may attract fines up to Rs 10,000, according to a circular issued by the Transport Department of Delhi government.

Delhi uses two-wheelers across ridesharing platforms, accounting for estimated 20 lakh trips every month.

In 2022, over 19 lakh trips took place to and from metro stations in NCR on Uber Moto, underscoring the need-gap bike taxis to fill in solving the last-mile commute.

New Delhi, Feb 23 (IANS) Online food delivery platform Swiggy has announced the integration of Dineout offerings on the platform, making it available for all its users.

This integration will enable millions of Swiggy users to choose from tens of thousands of dining-out options and avail discounts at over 18,000 plus restaurants across 24 cities.

The service available across 24 cities include Delhi NCR, Mumbai, Bengaluru, Pune, Chennai, Hyderabad, Ahmedabad, Kolkata, Chandigarh, Jaipur, Indore, Lucknow, Ludhiana, Nagpur, Goa (North & South), Kochi, Surat, Agra, Udaipur, and Vadodara.

"With this integration, Dineout's offering will be more accessible than ever before and available to a larger Swiggy user base across the 24 cities. We are certain that our combined efforts will help create a seamless experience for all Swiggy users and significant savings on their dining-out expenses," Ankit Mehrotra, Co-founder, Dineout, said in a statement.

Swiggy Dineout currently features fine dining, lounge bars, pubs, cafes, quick-service restaurants, and more.

Moreover, Swiggy One members will get the benefits of their all-encompassing membership now across Dineout, food delivery, Instamart (groceries), Genie (send packages) and more.

In September last year, Swiggy made it to the list of the world's 'Top 10' e-commerce-based food delivery companies.

According to the Canada-headquartered global research firm ETC Group, Swiggy was placed in 9th place.