Latest News
Swiggy Appoints Supriya Shankar as VP of Events and Experience!
Foodtech giant Swiggy has announced the appointment of Supriya Shankar as its Vice President of Events and Experience. Shankar, formerly the CEO of Singapore and Senior Vice President of Growth and Expansion for Southeast Asia at Lenskart, brings over 14 years of expertise in internet commerce. Her career highlights include leadership roles at Airtel, Zomato, OYO, and Lenskart, where she drove strategic initiatives in business development, revenue optimization, and people management. At OYO, she spearheaded global marketing, sales, and operations.
Strengthening Leadership Amid IPO Success
This appointment is part of a broader leadership expansion at Swiggy as the company prepares to scale its operations following its recent IPO. Earlier this week, Swiggy also appointed Shalabh Shrivastava, former Vice President at Flipkart, as Senior Vice President of Driver Organisation, and Hari Kumar G as Senior Vice President and Chief Business Officer for Swiggy Instamart.
Strategic Hires for Growth
These strategic hires align with Swiggy’s goals to bolster its food delivery and quick commerce segments, improve service quality, and drive growth. By bringing in experienced leaders from various sectors, Swiggy aims to enhance its operational capabilities and customer experience.
Swiggy’s IPO Highlights
Swiggy made its stock market debut this week, listing shares on the National Stock Exchange (NSE) at ₹420—an 8% premium to its IPO price of ₹390 per share. On the Bombay Stock Exchange (BSE), Swiggy opened at a 5.6% premium at ₹412 per share. The IPO garnered significant interest, with the issue subscribed 3.59 times by the close of the book-building process. The enthusiasm was primarily driven by Qualified Institutional Buyers (QIBs), who oversubscribed the issue by 6.02 times, despite slow activity in the initial days.
Financial Details
The IPO raised approximately ₹11,300 crore, comprising a fresh capital raise of ₹4,499 crore and an offer for sale (OFS) of 17.51 crore shares valued at ₹6,828 crore. The pricing strategy reflected strong investor confidence in Swiggy’s growth potential despite mixed responses from retail investors.
Focus on Growth and Innovation
With a strong IPO performance and a robust leadership team, Swiggy is poised to expand its market presence further. Over the next year, it plans to open 40 new centers in cities like Nashik, Pune, Dehradun, Coimbatore, Hyderabad, and Chennai to strengthen its footprint in major markets. A substantial portion—approximately 60%—of the recent funding round will be directed toward mergers and acquisitions to enhance its offerings.
Competitive Landscape
Swiggy operates in a highly competitive environment alongside rivals like Zomato and Dunzo. The company’s focus on expanding its grocery delivery service through Instamart is a strategic move to diversify revenue streams while catering to rising consumer demand for quick commerce solutions.
Conclusion
The appointment of Supriya Shankar as VP of Events and Experience reflects Swiggy’s commitment to strengthening its leadership team as it embarks on a new chapter following its successful IPO. With ambitious plans for expansion and innovation in both food delivery and grocery services, Swiggy is well-positioned to enhance its market share in India’s dynamic foodtech landscape.
As the company continues to navigate challenges in profitability and competition, the strategic hiring of experienced leaders like Shankar will be crucial in driving operational efficiency and customer satisfaction moving forward. With ongoing growth initiatives and a focus on technological advancements, Swiggy aims to solidify its position as a leader in the food delivery sector while preparing for future opportunities in public markets.
Latest News
D2C Brand Neeman’s Raises $4 Million for Tier 2/3 Store Expansion & Eco-Friendly Shoes
Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.
In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.
Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.
Latest News
Centre Mulls Revoking X’s Safe Harbour Over Grok Misuse
The Centre is weighing the option of revoking X’s safe harbour status in India after its AI chatbot Grok was allegedly misused to generate and circulate obscene and sexually explicit content, including material seemingly involving minors. The IT Ministry has already issued a notice to X, directing the platform to remove unlawful content, fix Grok’s safeguards, act against violators, and submit a detailed compliance report within a tight deadline. If the government finds X’s response inadequate, it could argue that the platform has failed to meet due‑diligence standards under Indian law, opening the door to harsher action.
Under Section 79 of the IT Act, safe harbour protects intermediaries like X from being held directly liable for user‑generated content, provided they follow due‑diligence rules and promptly act on legal takedown orders. Revoking this protection would mean X and its officers could be exposed to criminal and civil liability for obscene, unlawful, or harmful content that remains on the platform, including AI‑generated images from Grok. This prospect significantly raises X’s compliance risk in India and could force tighter moderation, stricter AI controls, and more aggressive removal of flagged posts.
The Grok episode also spotlights the regulatory grey zone around generative AI, where tools can create harmful content at scale even without traditional user uploads. Policymakers are increasingly questioning whether AI outputs should still enjoy the same intermediary protections as conventional user posts, especially when they involve women and children. How the government ultimately proceeds against X over Grok misuse could set a precedent for AI accountability, platform responsibility, and safe harbour interpretation in India’s fast‑evolving digital ecosystem.
Latest News
How Pronto Is Redefining 10-Minute Home Services in India with a $25 Million Fundraise
Home services startup Pronto is in advanced talks to raise about $25 million at a near-$100 million valuation, underscoring strong investor confidence in India’s fast-growing 10-minute home services market. This potential round would be the company’s third major funding milestone after its $2 million seed and $11 million Series A in 2025, backed by marquee investors such as General Catalyst, Glade Brook Capital, Bain Capital and new participant Epiq Capital. The fresh capital is expected to further strengthen Pronto’s positioning as a leading tech-led household help platform for urban consumers.
Pronto operates a 10-minute on-demand home-services platform that connects users with trained, background-verified workers for everyday tasks like sweeping, mopping, utensil cleaning, laundry and basic cooking. Using a hub-and-spoke, shift-based model, the startup stations workers at hyperlocal hubs, enabling sub-10-minute fulfilment and more predictable earnings compared to the informal domestic-help market. Founded in 2024 by Anjali Sardana and based in Delhi NCR, Pronto has already expanded from Gurugram into major cities such as New Delhi, Mumbai, Bengaluru and Pune, and is handling around 6,000 daily bookings with nearly 1,300 active professionals as of December 2025.
The upcoming $25 million fundraise is expected to be used to enter more metros, deepen presence in existing neighbourhoods with additional hubs and upgrade Pronto’s technology for smarter routing, shift planning and real-time operations. A significant portion of the capital will also go into training, retention and benefits for its workforce to maintain consistent service quality at scale, especially as competition heats up from rivals like Snabbit and Urban Company in the rapid home services space. This near-$100 million valuation not only validates Pronto’s model but also highlights a broader shift toward organised, tech-driven domestic-help solutions in India’s largely informal home-services market.

binance
September 17, 2025 at 10:30 pm
Your article helped me a lot, is there any more related content? Thanks!
Kuwin
November 8, 2025 at 1:17 am
kuwin sở hữu kho game đa dạng từ slot đến trò chơi bài đổi thưởng, mang đến cho bạn những giây phút giải trí tuyệt vời.
GO88
November 8, 2025 at 4:40 pm
Tham gia cộng đồng game thủ tại Go88 để trải nghiệm các trò chơi bài, poker phổ biến nhất hiện nay.
站群程序
November 9, 2025 at 3:19 am
搭载智能站群程序,自动化搭建与管理,为SEO项目提供核心驱动力。站群程序
Kode Binance
November 10, 2025 at 7:48 pm
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
谷歌站群
November 12, 2025 at 1:02 pm
专业构建与管理谷歌站群网络,助力品牌实现全域流量的强势增长。谷歌站群
J88
November 14, 2025 at 10:48 am
Đến với J88, bạn sẽ được trải nghiệm dịch vụ cá cược chuyên nghiệp cùng hàng ngàn sự kiện khuyến mãi độc quyền.
MM88
November 14, 2025 at 1:19 pm
Khám phá thế giới giải trí trực tuyến đỉnh cao tại MM88, nơi mang đến những trải nghiệm cá cược thể thao và casino sống động.
MM88
November 19, 2025 at 11:12 pm
Với giao diện mượt mà và ưu đãi hấp dẫn, MM88 là lựa chọn lý tưởng cho các tín đồ giải trí trực tuyến.
mitolyn official
January 24, 2026 at 12:41 pm
**mitolyn official**
Mitolyn is a carefully developed, plant-based formula created to help support metabolic efficiency and encourage healthy, lasting weight management.