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By Manu Vardhan Kannan
Published on February 1, 2025
Swiggy, one of India’s top food delivery platforms, is set to experience a major stock market development as its lock-in period for pre-IPO shares comes to an end. Over the next month, 7.8 crore shares, valued at INR 3,345 crore based on current market prices, will become eligible for trading. This phased unlocking could stir market interest and impact stock liquidity.
The unlocking process will take place in multiple stages. The first batch of 29 lakh shares will be available for trade on January 29, followed by smaller releases of 3 lakh shares on January 31 and 1 lakh shares on February 19. However, the most significant tranche - 6.52 crore shares, accounting for nearly 3 per cent of Swiggy’s total outstanding shares will be unlocked on February 10. The final batch of 96 lakh shares will become tradable on February 24.
The valuation of these shares is based on Swiggy’s latest closing price of INR 428.30 on the BSE. While such a large release of shares could create supply pressure, analysts at Nuvama suggest that the impact might be moderated as a significant portion is held by promoters and institutional investors who may not offload them immediately.
Meanwhile, Swiggy has announced that its board will convene on February 5, 2025, to review and approve its unaudited financial results for the quarter and nine months ending December 31, 2024. This will be the company’s second earnings report since going public.
In its July-September 2024 quarter, Swiggy reported a net loss of INR 625 crore, an improvement from INR 657 crore in the same period last year. However, revenue surged 30 per cent year-on-year, reaching INR 3,601 crore from INR 2,763 crore in Q2 FY24.
Since its IPO in 2024, Swiggy has remained a dominant force in India’s fast-evolving food-tech sector, competing against Zomato and emerging quick-commerce players. With its lock-in expiry approaching, investors are closely watching market reactions and liquidity shifts. Over the past month, Swiggy’s stock has dropped over 21 per cent, including a nearly 3 per cent decline in the last week alone.
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By Author
Published on March 13, 2026
If you're a Wyndham Rewards member, your Wednesdays just became a lot more interesting. The sixth annual Member Month is officially underway, and it's shaping up to be the biggest one yet with five weeks of deals, bonus points, and offers dropping every Wednesday throughout the campaign.
The program has built a strong reputation for making travel genuinely rewarding, and Member Month is where that generosity really shows. This year, members can stack multiple promotions on top of each other, which means the value adds up quickly for anyone paying attention.
Michael Shiwdin, GVP of Guest Engagement, Loyalty and Partnerships at Wyndham Hotels and Resorts, summed it up well. "Six years strong, Member Month is back and it's all about rewarding the members who make Wyndham Rewards extraordinary. This year's celebration brings it all together with some of our best offers of the year, from dream getaways to unforgettable experiences. It's our way of saying thank you to the members who make it all possible."
Here's a look at what Week One brings to the table:
Members can earn up to four free nights by collecting 7,500 bonus points after every two qualifying stays, with the offer repeatable up to four times for a total of 30,000 points. That's enough for up to four free nights at thousands of Hotels by Wyndham worldwide, and the window to complete stays runs through June 30, 2026.
Wyndham Rewards Insiders and credit or debit cardholders each get an additional 7,500 bonus points after two or more qualifying nights by the same deadline. Members who qualify as both an Insider and a cardholder can stack the two offers for up to 15,000 extra bonus points.
For business travellers, enrolling in Wyndham Rewards Business between March 4 and April 30 and completing a qualifying stay by June 30 earns 15,000 bonus points. Travellers on those enrolled accounts also earn 2X points on their personal accounts during business stays.
There's also a limited-time flash sale on Wyndham Rewards Experiences, with exclusive tickets to live concerts and events available from just 1,000 points. Week one features access to the Tortuga Music Festival, with new experiences dropping weekly. Some auctions run for only 24 hours, while others are available on a first-come, first-served basis.
New members looking to jump in can also apply for the Wyndham Rewards Earner Plus Card and earn up to 75,000 bonus points through qualifying spend within the first few months.
New deals continue to drop every Wednesday at midnight EST throughout Member Month, keeping the momentum going well into April. Most offers are open to members worldwide, including those who sign up during the promotion.
For full details and terms, visit WyndhamRewards.com/MemberMonth
Evolve Back Kuruba Safari Lodge, located on the banks of the Kabini River near Nagarahole National Park, has resumed facilitating wildlife safaris for its guests following the reopening of safari operations in the region.
Safari activities have restarted under revised operational guidelines, with restricted seating capacity and a limited number of vehicles currently allowed. The controlled operations are part of a phased reopening introduced by the authorities to ensure safe and responsible wildlife tourism.
The Karnataka Forest Department recently announced the resumption of safari operations across the Bandipur and Nagarahole Tiger Reserves. In the Kabini region, safari services officially recommenced on 22 February 2026 after remaining suspended for several weeks.
The temporary suspension had affected tourism activity and local livelihoods across the Bandipur–Nagarahole–Kabini landscape. With safaris now restarting under updated regulations, the move is expected to gradually revive wildlife tourism in the region while maintaining careful access to the forest ecosystem.
Commenting on the development, Jose Ramapuram, Director - Marketing, Evolve Back, said,
“Safaris are an integral part of the Kabini experience, allowing guests to witness one of India’s richest wildlife habitats. The resumption of safari operations is encouraging for the local ecosystem of communities and stakeholders that depend on responsible wildlife travel to build their livelihoods. We look forward to welcoming guests back to experience the forests of Kabini.”
Situated amidst tropical forests along the Kabini River, Evolve Back Kuruba Safari Lodge draws inspiration from the traditions of the indigenous Kadu Kuruba community. The property offers immersive wildlife experiences while reflecting Evolve Back’s Spirit of the Land philosophy, which celebrates the natural and cultural heritage of the region.
With safari activities now resuming, the lodge once again provides guests with the opportunity to explore the rich biodiversity of Nagarahole while supporting responsible wildlife tourism in the Kabini landscape.
Kaziranga Heritage, a unique heritage hospitality destination located in Assam’s globally recognised Kaziranga landscape, was officially inaugurated by the Honorable Chief Minister of Assam, Himanta Biswa Sarma. The ceremony took place in the presence of dignitaries, government officials, and distinguished guests.
The project marks an important step in strengthening Assam’s tourism sector and has been developed as a Public–Private Partnership between the Assam Tourism Development Corporation (ATDC) and Centre Point Hospitality Group. The collaboration reflects a shared effort to enhance heritage tourism infrastructure while highlighting the region’s cultural, historical, and ecological significance.
Located amidst the floodplains shaped by the Brahmaputra River system and the Kohora River, Kaziranga Heritage has been designed to exist in harmony with its surroundings. Rather than standing apart from nature, the property quietly blends into the landscape, offering guests an experience that stays closely connected to the natural rhythm of Kaziranga.
The location itself carries a rich conservation legacy that goes back more than a century, from its early recognition as a proposed reserve forest in 1905 to its later status as a UNESCO World Heritage Site. This long history of conservation continues to influence the experience offered to visitors at the property.
At the heart of the estate stands the historic Bonani Bungalow, which forms the central element of Kaziranga Heritage. Guest records preserved at the property date back to 1938, making it one of the earliest documented hospitality establishments connected to Kaziranga’s tourism history.
Built in the traditional colonial Assam-type architectural style, Bonani Bungalow reflects a design shaped by the region’s climate and terrain. The structure features raised plinths that help withstand seasonal floods, wide verandahs that provide shade, and steep sloping roofs designed for heavy monsoon conditions. Archival records and photographs preserved here quietly narrate Kaziranga’s journey from fragile grasslands to one of the world’s most celebrated wildlife landscapes.
The estate includes 28 thoughtfully designed rooms spread across different heritage-inspired living spaces. The historic Bonani Bungalow offers 10 heritage rooms forming the core of the property. Bonoshree features eight rooms designed as a cultural salon, where curated literature, archival imagery, and art reflect Assam’s ecological and Vaishnavite traditions. The Kohora River View Cottages include six cottages overlooking the peaceful floodplains of the Kohora River. The Kunjobon Presidential Suites and Duplex offer four luxury suites with private plunge pools, landscaped courtyards, and views extending towards the Orchid Park.
Throughout the property, the Assam-type architectural style remains consistent, with elevated structures, spacious verandahs, and natural building materials chosen for durability and climate sensitivity.
Kaziranga Heritage also features a 48-seater destination restaurant that highlights the culinary traditions of Assam. The kitchen focuses on wood-fired chullah cooking methods, presenting slow-cooked regional recipes prepared using locally sourced ingredients. The menu also reflects subtle Southeast Asian influences that have historically shaped the region’s culinary identity.
The restaurant’s design takes inspiration from the traditional Assamese Jaapi, a well-known symbol of hospitality and welcome. Its roof structure reinterprets the Jaapi form through contemporary architecture and features ceramic detailing along the ridge created by Assamese ceramic artist Jaya Boro, who also serves as Head of the Department at Shantiniketan’s ceramic studio. A copper pinnacle crowns the roof, adding to the cultural symbolism of the space.
Art and history are also woven into the guest experience at the estate. The property houses a curated collection of artworks by Assamese artist Mridu Moshum Bora, whose paintings portray Vaishnavite traditions, regional dance forms, and the wildlife landscapes of Kaziranga.
Kaziranga Heritage also pays tribute to legendary Assamese cultural icons Bhupen Hazarika and Zubeen Garg, recognising their influence in shaping the region’s cultural identity through music and storytelling.
Historic wildlife photographs are preserved within the estate as well, including archival works attributed to noted conservationist Edward Pritchard Gee. These images capture a time when the survival of Kaziranga’s wildlife was uncertain and serve as a reminder of the conservation efforts that later helped transform the region into one of the world’s most important wildlife habitats.
Kaziranga Heritage has been developed as a collaborative effort involving architects, artists, historians, naturalists, and craftsmen from Assam. Every aspect of the project, from the architecture to the art installations and culinary experiences, reflects contributions from individuals closely connected to the region’s culture and landscape.
The inauguration of Kaziranga Heritage marks another step forward in strengthening Assam’s heritage and eco-tourism landscape. Through its Public–Private Partnership model, the project highlights how thoughtfully designed hospitality spaces can help preserve history, celebrate culture, and support sustainable tourism.
With its combination of history, architecture, art, and natural surroundings, Kaziranga Heritage aims to offer visitors more than just a stay. The experience reflects the spirit of Assam and tells the evolving story of Kaziranga’s landscape and cultural heritage.
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