Swiggy Limited — Updates, 06-05-2025: Press Release

Swiggy has announced a board meeting on the financial results for the quarter and half-year. Kouzina Food Tech acquired an exclusive license to operate and scale Swiggy’s digital food brands—The Bowl Company, Homely, Soul Rasa, and Istah—with full ownership transferring after certain conditions. Kouzina aims to expand these brands to 100+ cities using an asset-light cloud kitchen model, leveraging its portfolio to tap into India’s growing food delivery and QSR markets, enhancing growth opportunities for both players in the food tech space.