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Business

Swiggy: Indian food delivering platform raises $1.25 billion for its non-food segment business

Indian food delivering platform, Swiggy, announced that it raised funds worth $1.25 billion in two portions to take its valuation to a whooping $5.5 billion. The first portion was of $800 million that was raised in the beginning of this year from multiple new investors namely Falcon Edge Capital, Quatar Investment Authority then there was […]

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Business

Swiggy to lay off 1,100 employees as coronavirus impacts online food ordering

Food delivery company Swiggy announced on Monday that it will lay off 1,100 employees over the next few days, as the coronavirus pandemic hit its core and cloud kitchen businesses. “Today is one of the saddest days for Swiggy as we have to go through an unfortunate downsizing exercise,” Swiggy co-founder and CEO Sriharsha Majety […]

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Business

Swiggy Customer Finds Blood Soaked Band-Aid In Food

A customer found a blood stained band-aid in the food items he ordered via food delivery giant Swiggy. The incident occurred with┬áBalamurugan, a customer from Chennai, Tamil Nadu. Balamurugan ordered chicken schezwan chopsuey from Chop N Stix using the Swiggy app, after eating half of the noodles he found┬áthe blood soaked band-aid. Disgusted with the […]