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0 mentions · last seen 6/5/2026

Signals

Swiggy says IPL 2026 drove 32% jump in food orders, 41% rise in Dineout bookings

Swiggy's IPL 2026 readout shows food delivery orders up 32.31% and Dineout bookings up 41% versus last season, with peaks of 6,200 orders per minute during the final. Bengaluru, Mumbai and Hyderabad led volumes; Dineout users saved ₹3.5 crore, while outlier tickets included a ₹20,205 thali and a ₹2,14,061 restaurant bill.

Business Today · Latest · 6/2/2026, 11:02:51 AM

Swiggy clocks 6,200 orders/min at IPL final as Dineout bookings jump 41% YoY

Swiggy data shows IPL 2026 fueled a 32% YoY surge in food delivery orders, peaking at 6,200/minute during the RCB-GT final. Dineout bookings rose 41% YoY, led by Bengaluru, Mumbai and Hyderabad, with one Bengaluru table ringing up ₹2.14 lakh and finals-weekend savings of ₹3.5 crore.

ET Retail · 6/2/2026, 8:52:34 AM

Amazon, Eternal, Meesho, Swiggy, Zepto form Digital Commerce Coalition in India

Five digital commerce majors have launched a joint coalition with Koan Advisory Group as secretariat to push consumer trust, MSME enablement, supply chain resilience and policy advocacy for India's online retail sector.

NDTV Profit · 6/2/2026, 8:46:53 AM

Eternal, Meesho, Amazon, Swiggy, Zepto form Digital Commerce Coalition; Flipkart, Reliance opt out

Five digital commerce majors have launched the Digital Commerce Coalition in New Delhi to push policy priorities around consumer trust, MSME access and supply chain resilience. The body is betting on India's digital commerce market scaling from $165 Bn to $450 Bn in five years, even as Flipkart and Reliance stay out of the founding roster.

Inc42 · Buzz · 6/2/2026, 7:06:37 AM

Amazon, Eternal, Meesho, Swiggy, Zepto form Digital Commerce Coalition — Flipkart sits out

Five major digital commerce players have launched an India-focused industry body to tackle customer trust, delivery partner welfare, MSME enablement and supply chain issues. Koan Advisory Group serves as secretariat. Notably absent: Flipkart, signalling a potential split in how the sector engages policymakers.

Mint · Companies · 6/2/2026, 6:52:09 AM

IPL 2026 finals fuel Swiggy surge: 6,200 orders/min peak, Dineout bookings up 41% YoY

Swiggy data shows India's IPL food obsession deepening: food delivery orders rose 32% YoY and Dineout restaurant bookings 41% during the season, peaking at 6,200 orders per minute during the RCB-GT final. Bengaluru, Mumbai and Hyderabad led, with one Dineout bill hitting ₹2.14 lakh.

ET Small Business · 6/2/2026, 6:08:01 AM

Amazon, Meesho, Eternal, Swiggy, Zepto form Digital Commerce Coalition; Flipkart sits out

Five of India's largest digital commerce players have launched an industry body to engage on policy, consumer trust, MSME access and supply chains. Koan Advisory Group will run the secretariat. Flipkart's absence from the founding lineup is the standout signal in an otherwise unified front.

Entrackr · Newsletter · 6/2/2026, 5:16:49 AM

Anveshan bags Rs 150 Cr Series B led by Vertex; eyes Rs 1,000 Cr revenue run

Bengaluru-based clean-label food brand Anveshan raised Rs 150 Cr Series B led by Vertex Ventures, with IFC, Swiggy and Wipro Consumer Care Ventures participating. At Rs 280-300 Cr ARR, the brand is targeting a Rs 1,000 Cr revenue milestone via deeper manufacturing and distribution scale-up across 500+ pin codes.

YourStory · 6/2/2026, 2:17:44 AM

Bars, cafés and quick commerce ride IPL final with 50% off and INR 9 private-label snacks

Massive Restaurants, Daysie and Mannheim Craft Brewery rolled out match-night packages targeting 20-25% dine-in jumps, while Swiggy's Noice undercut Lay's and Britannia at INR 9 and Blinkit pushed bar essentials, signalling 30-40% category sales lift around the RCB-GT final.

ET Hospitality · 6/1/2026, 7:15:57 AM

Anveshan raises Rs 150 Cr Series B led by Vertex Ventures to scale clean-label food play

Anveshan banks Rs 150 crore Series B from Vertex Ventures SEA & India, IFC, Swiggy's Sriharsha Majety and existing backers. At Rs 280-300 Cr ARR, the clean-label D2C brand is targeting Rs 1,000 Cr in 24-30 months via manufacturing, innovation, and omnichannel expansion in a $25.8B Indian healthy food market.

YourStory · Capital · 6/1/2026, 7:15:16 AM

Anveshan raises Rs 150 Cr Series B led by Vertex Ventures, eyes Rs 1,000 Cr ARR

Clean-label D2C food brand Anveshan closed a Rs 150 crore Series B led by Vertex Ventures SEA & India, with IFC and Swiggy CEO Sriharsha Majety joining. Currently at Rs 280-300 crore ARR, the brand will deploy capital into manufacturing, innovation and omnichannel scale, targeting Rs 1,000 crore in 24-30 months.

YourStory · 6/1/2026, 7:15:15 AM

Anveshan bags Rs 150 Cr Series B from Vertex at $90M valuation, eyes Rs 1,000 Cr ARR

Clean-label food brand Anveshan raised Rs 150 crore in Series B led by Vertex Ventures, with IFC, Wipro Consumer Care Ventures and Titan Capital participating. Capital will fuel manufacturing scale-up, offline distribution and atta portfolio expansion. FY25 revenue grew 65% to Rs 77 Cr; targets Rs 1,000 Cr ARR in 24-30 months.

Entrackr · Newsletter · 6/1/2026, 4:28:50 AM

Anveshan banks ₹150 cr Series B from Vertex, IFC; eyes ₹1,000 cr revenue in 2-3 years

Clean-label foods brand Anveshan closed a ₹150 crore Series B led by Vertex Ventures with IFC, Swiggy, Wipro Consumer Care Ventures and Titan Capital participating. Revenue scaled from ₹74 cr in FY25 to ₹192 cr in FY26, with ARR at ₹280-300 cr. Quick commerce drives 35% of sales; ghee and cooking oils anchor the portfolio across 16 manufacturing units.

BL · Consumer & Economy · 6/1/2026, 12:37:21 AM

Bars, cafes and quick commerce ride IPL final with discounts and snack bundles

Massive Restaurants projected 30-40% jump in delivery and 20-25% in dine-in sales on IPL final night, as Farzi Cafe, Sly Granny and others rolled out packages. Swiggy's Noice private label undercut Lay's and Britannia at ₹9, while Blinkit leaned into beverages and bar essentials.

ET Small Business · 5/31/2026, 7:44:54 PM

Centre courts fund managers to build gig worker safety net, raising cost overhang for Zomato, Blinkit, Swiggy

The government is consulting fund managers to operationalise accident and maternity cover for India's 1 crore gig workers, set to swell to 2.5 crore by decade-end. With workers averaging Rs 27,726/month and just 38 working days/year in 2025, platform majors Eternal (Zomato/Blinkit) and Swiggy face fresh contribution liabilities under the new labour code.

Indian Express · Business · 5/30/2026, 1:04:22 AM

Labour Ministry sets June 22 deadline for gig platforms to sync worker data with e-Shram

Swiggy, Zomato, Zepto and Blinkit must upload all gig and platform worker data to the e-Shram portal by June 22, paving the way for the National Social Security Board for Gig Workers to roll out accident and maternity benefits covering 1 crore workers, scaling to 2.5 crore by decade-end.

The Hindu BusinessLine · 5/29/2026, 2:09:25 PM

Centre pushes Swiggy, Zomato, Zepto to wire gig workers into e-Shram by June 22 for welfare rollout

Government is mandating aggregators integrate worker data with e-Shram ahead of a social security scheme covering accident insurance, health, maternity and pension. Targets 1 crore workers initially, scaling to 2.5 crore by decade-end—adding compliance load and cost pressure for quick-commerce and food delivery platforms.

Business Today · Latest · 5/29/2026, 9:23:56 AM

War-linked cost surge tests listed D2C, internet firms in H1 FY27

Swiggy, Delhivery, Mamaearth, Lenskart, Wakefit and luggage D2Cs face a margin squeeze as Iran-war fallout drives 35-50% raw material inflation, 25-30% packaging cost surge and Rs 3/litre fuel hike. Wakefit has raised prices 10%; HUL nudged larger packs 2-3%. With 90% of Delhivery contracts indexed, pass-through ability is the swing factor.

ET Retail · 5/29/2026, 7:40:45 AM

Bata Q4 PAT slips 3.5%, Patanjali Foods hit with ₹1,353 cr GST notice, Physicswallah revenue jumps 51%

A crowded tape for India consumer names: Bata India posted Q4 revenue of ₹1,055.26 cr (+10.76%) but PAT fell 3.46% to ₹89.59 cr. Patanjali Foods disclosed a ₹1,352.9 cr GST demand. Stanley Lifestyles revenue dropped 10.1% to ₹101.4 cr. Edtech-retailer Physicswallah's revenue rose 50.72% to ₹918.8 cr as losses narrowed.

Business Today · Latest · 5/29/2026, 2:14:20 AM

Bata India Q4 profit crashes 95% to Rs 2.2 cr despite revenue rising 5% to Rs 828 cr

Bata's bottom line collapsed on a one-time loss even as topline grew modestly. Peers diverge sharply: Vadilal revenue jumped 51% to Rs 416 cr, PC Jeweller surged 33% to Rs 927 cr, and Asian Paints revenue rose 50.7%. Reliance AGM is set for June 19; Paytm flagged a Rs 5,712 cr GST show-cause notice.

NDTV Profit · 5/28/2026, 6:47:16 PM

Swiggy to retry IOCC vote after 72.36% fell short of 75% threshold needed for Instamart inventory model

Shareholder pushback blocked Swiggy's first bid for Indian-Owned and Controlled Company status, which would unlock an inventory-led quick commerce model for Instamart under FDI rules. FY26 losses widened 33% to ₹4,154 Cr even as revenue grew 51% to ₹23,053 Cr.

Inc42 · Buzz · 5/27/2026, 5:17:10 PM

Swiggy defends Board amendments after shareholders narrowly reject special resolution

Swiggy said proposed Board changes are aimed at long-term value creation and securing Indian Owned and Controlled Company status, after the special resolution drew 72.36% approval — falling 2.64 percentage points short of the 75% threshold needed to pass.

The Hindu BusinessLine · 5/27/2026, 4:00:28 PM

Swiggy shareholders reject founder board nomination rights; special resolution falls short at 72.36%

Swiggy's special resolution to amend its Articles of Association — granting founders board nomination rights tied to Indian-Owned and Controlled Company status under FEMA — secured only 72.36% approval, below the 75% threshold. Management is defending the proposal as essential to preserving IOCC classification.

NDTV Profit · 5/27/2026, 3:42:21 PM

PE funds line up staggered exits from $32B listed bets, with Lenskart, Vishal Mega Mart in focus

PE/VC investors are sitting on $32 billion of listed Indian holdings and pursuing block-deal sell-downs over 12-18 months. Lenskart's 50% PE stake is worth $4.66B, Vishal Mega Mart's 40% at $2.38B and Swiggy's 16.5% at $1.18B. CY2025 sell-downs already hit $8.2B, signaling sustained ownership churn in consumer internet and retail.

The Hindu BusinessLine · 5/27/2026, 3:19:01 PM

DS Group inks 10-year master franchise to launch UK's Ben's Cookies in India, eyes 10 stores by FY27

DS Group will open 6-7 premium Ben's Cookies outlets across Delhi and Mumbai by July, scaling to 10 stores in FY27 with Swiggy and Zomato delivery. Cookies priced at Rs 325 each and gifting packs above Rs 1,500 target India's premium bakery segment, projected to grow from USD 1.3B in 2024 to USD 2.3B by 2033.

Outlook Business · 5/27/2026, 12:41:08 PM

Swiggy AoA amendment falls short: 72.36% vote misses 75% special resolution threshold

Swiggy's proposal to amend its articles of association failed to clear the 75% special resolution bar, securing 72.36% shareholder support. The amendments sought founder board representation and groundwork for Indian Owned and Controlled Company status. Stock slipped 6.49% to ₹270.70.

CNBC-TV18 · Companies · 5/27/2026, 12:15:51 PM

DS Group inks 10-year master franchise to launch UK's Ben's Cookies in India, eyes 10 outlets by FY27

Master franchise targets 6-7 stores across Delhi and Mumbai by July, scaling to 10 by FY27. Pricing premium at Rs 325/cookie and Rs 1,500 gifting packs taps cafe and gifting whitespace as global cookie market heads from USD 1.3bn (2024) to USD 2.3bn by 2033.

ET Small Business · 5/27/2026, 10:18:02 AM

Zepto unlisted shares crash 25% ahead of $1 billion July IPO

Zepto's unlisted shares have slumped 25% in three months to Rs 42-43 as the quick commerce major lines up a $1 billion IPO targeted for July at a Rs 40,000-44,000 crore valuation. Investors are reassessing the cash-burn versus profitability trade-off against listed rival Eternal's Blinkit and Swiggy Instamart.

Business Today · Latest · 5/26/2026, 10:39:33 AM

Swiggy lists one Gurugram kitchen as 5 brands sharing FSSAI license, exposing verification gaps

Entrackr probe finds five Swiggy listings in Sector 11 Gurugram—Momo Palace China, Crispy Crunch Momos, The Momos House, Momo Factory, Humpty Momos—operating under one FSSAI license (20821005002678), address and menu. Raises questions on merchant verification, review integrity, ad auction fairness and partner-count metrics shown to investors.

Entrackr · 5/26/2026, 3:37:44 AM

Swiggy lists one Gurugram kitchen under 5 names on a single FSSAI license, Entrackr probe finds

An Entrackr investigation says five Swiggy listings in Sector 11, Gurugram share one FSSAI license (20821005002678), address and menu—diluting 1-star reviews, inflating selection, and raising questions on verification, ad fairness and partner-count metrics disclosed to investors of the listed platform.

Entrackr · 5/26/2026, 3:31:47 AM