Swiggy rubbishes anonymous blog post claiming company fudged numbers

MUMBAI: Caught in the eye of a storm over allegations of fabricated financials, online food delivery firm Swiggy denied the claims calling them an act to malign the company.

An anonymous blog post on Wednesday claimed to be written by 4 current and former employees of the firm, alleged that the Naspers-backed firm had cheated restaurant partners and arm-twisted them in a bid to earn more commissions as also fudged business and order numbers while presenting their case before investors ahead of their recent fund raise.

The firm rubbished the claims in a post on social media network Facebook. “The recent blog post from an anonymous source is targeted at maligning the reputation of Swiggy as an organization. The article carries inaccurate facts regarding business and order numbers. It not only references employee departures from a year and a half back but also presents details on our partners out of context and with mischievous intent,” the post read.

In a blog post on Tumblr titled “Swiggy sales – A House of Cards”, the employees who claim to be from the sales team, have highlighted various incidents and data sheets alleging the company lied to restaurant partners about its market share and order numbers and that the management runs the business in an unethical manner.

The post also claimed that Swiggy had presented false numbers to investors in its latest fund raise closed in May. “Our January 2017 order volumes were less than December 2016 volumes. Yes, we had a decline of order volumes in January. But we have seen the investor presentations, and they have shaved off the December numbers in the slides in order to show a linear growth curve across all months of our existence,” alleged the blog post.

Swiggy has made a strong rebuttal to all the claims reiterating transparent action on its end. “Swiggy has grown over the last few years on the back of strong support from our restaurant partners, employees, delivery executives, consumers and investors. Our…

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